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Filing year 2024

LAVERN T BUSSE & AUDREY BUSSE FOUNDATION

Cedar Rapids, Iowa·EIN 75-2342746·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$1M
Total assets
$15M
Total expenses
$3.1M
Reported officers
7

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Iowa.

Executive Director/secretary/trustee
Unclassified
$78k
$83k
Trustee
Board Member
Median to 75th percentile
$11k
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LAVERN T BUSSE & AUDREY BUSSE FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$2.8M

Itemized grants

20

Median grant

$26k

RecipientLocationPurposeAmount
BUSSE FOUNDATION FUND AT DAFGIVING360CEDAR RAPIDS, IAGENERAL OPERATING BUDGET$1.8M
BOYS & GIRLS CLUB OF THE COORIDORCEDAR RAPIDS, IAGENERAL OPERATING BUDGET$456k
MERCY MEDICAL CENTER FOUNDATIONCEDAR RAPIDS, IAGENERAL OPERATING BUDGET$104k
UNIVERSITY OF IOWA CENTER FOR ADVANCEMENTIOWA CITY, IAGENERAL OPERATING BUDGET$101k
TANAGER PLACECEDAR RAPIDS, IAGENERAL OPERATING BUDGET$92k
MOUNT MERCY UNIVERSITYCEDAR RAPIDS, IAGENERAL OPERATING BUDGET$56k
MIRICLE IN MOTIONSWISHER, IAGENERAL OPERATING BUDGET$50k
COMMUNITY FOUNDATION OF JOHNSON COUNTYCORALVILLE, IAGENERAL OPERATING BUDGET$50k
MAYO CLINIC DEPT OF DEVELOPMENTROCHESTER, MNGENERAL OPERATING BUDGET$43k
JUNIOR ACHIEVEMENT OF EASTERN IOWA INCCEDAR RAPIDS, IAGENERAL OPERATING BUDGET$27k
LINN COUNTY TRAILS ASSOCIATIONCEDAR RAPIDS, IAGENERAL OPERATING BUDGET$25k
NOTRE DAME ACENOTRE DAME, INGENERAL OPERATING BUDGET$25k
WARTBURG COLLEGEWAVERLY, IAGENERAL OPERATING BUDGET$15k
ADVISORY COMMITTEE PUBLIC CHARITY INCCEDAR RAPIDS, IAGENERAL OPERATING BUDGET$10k
HEDRICK FIRE DEPARTMENTHEDRICK, IAGENERAL OPERATING BUDGET$8k
CHURCH OF THE LIVING WORLDHAMPTON, IAGENERAL OPERATING BUDGET$5k
KEOKUK COUNTY HOSPICESIGOURNEY, IAGENERAL OPERATING BUDGET$5k
HOUSE OF HOPEWATERLOO, IAGENERAL OPERATING BUDGET$3k
GRACE LUTHERAN CHURCHPRAIRIE DU CHIEN, WIGENERAL OPERATING BUDGET$1k
Compare this foundation's grantees

Up 101%
from 2023

From $39k in 2023 to $78k in 2024.

$39k
2023
$78k
2024
In today's dollarsEst.
Up 96% in real terms$43k to $83k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 8% from 2023 to 2024, while revenue fell 46%.

$11k in 2023 to $11k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LAVERN T BUSSE & AUDREY BUSSE FOUNDATION

What does the Board Member of LAVERN T BUSSE & AUDREY BUSSE FOUNDATION earn?

In 2024, the Board Member of LAVERN T BUSSE & AUDREY BUSSE FOUNDATION received $11,375 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Iowa, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at LAVERN T BUSSE & AUDREY BUSSE FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Iowa, the 2024 pay of the Board Member at LAVERN T BUSSE & AUDREY BUSSE FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at LAVERN T BUSSE & AUDREY BUSSE FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are LAVERN T BUSSE & AUDREY BUSSE FOUNDATION's revenue and expenses?

In 2024, LAVERN T BUSSE & AUDREY BUSSE FOUNDATION reported $1M in total revenue and $3.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.