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Filing year 2024

LAWRENCE & AUGUSTA HAGER EDUCATIONAL FOUNDATION INC

Owensboro, Kentucky·EIN 61-1187348·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$1.2M
Total assets
$6.4M
Total expenses
$2.1M
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 Kentucky.

Director
Unclassified
$373k
$395k
Executive Director
25th percentile to median
$56k
$59k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South 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 LAWRENCE & AUGUSTA HAGER EDUCATIONAL FOUNDATION INC equaled 18% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
18%
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

$1.6M

Itemized grants

17

Median grant

$10k

RecipientLocationPurposeAmount
GREATER OWENSBORO LEADERSHIP INSTITUTEOWENSBORO, KYPROGRAM SERVICES$1.1M
UNIVERSITY OF LOUISVILLE NURSING PROGRAMLOUISVILLE, KYPROGRAM SERVICES$100k
VOLUNTEERS OF AMERICA - FREEDOM HOUSELOUISVILLE, KYPROGRAM SERVICES$100k
THE CENTEROWENSBORO, KYPROGRAM SERVICES$75k
GREEN RIVER ASSET BUILDING COALITIONOWENSBORO, KYPROGRAM SERVICES$60k
GOODFELLOWS CLUBOWENSBORO, KYPROGRAM SERVICES$35k
RIVERPARK CENTEROWENSBORO, KYPROGRAM SERVICES$25k
OWENSBORO ROTARY CLUB FOUNDATION INCOWENSBORO, KYPROGRAM SERVICES$16k
PRICHARD COMMITTEELEXINGTON, KYPROGRAM SERVICES$10k
DREAM RIDERS OF KENTUCKYPHILPOT, KYPROGRAM SERVICES$10k
SLEEP IN HEAVENLY PEACELEWISPORT, KYPROGRAM SERVICES$5k
KENTUCKY YOUTH ADVOCATESLOUISVILLE, KYPROGRAM SERVICES$5k
DANIEL PITINO SHELTEROWENSBORO, KYPROGRAM SERVICES$5k
KENTUCKY WESLEYAN COLLEGEOWENSBORO, KYPROGRAM SERVICES$4k
UNITED WAY OF THE OHIO VALLEYOWENSBORO, KYPROGRAM SERVICES$3k
OWENSBORO CHAMBER OF COMMERCEOWENSBORO, KYPROGRAM SERVICES$1k
GIRL'S INCOWENSBORO, KYPROGRAM SERVICES$800
Compare this foundation's grantees

Top compensation, year by year

From $58k in 2023 to $373k in 2024.

$58k
2023
$373k
2024
In today's dollarsEst.
Up 527% in real terms$63k to $395k

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

Pay for the position

Chief Executive Officer pay fell 4% from 2023 to 2024, while revenue rose 115%.

$58k in 2023 to $56k 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 ($1M - $10M), 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 LAWRENCE & AUGUSTA HAGER EDUCATIONAL FOUNDATION INC

What does the Chief Executive Officer of LAWRENCE & AUGUSTA HAGER EDUCATIONAL FOUNDATION INC earn?

In 2024, the Chief Executive Officer of LAWRENCE & AUGUSTA HAGER EDUCATIONAL FOUNDATION INC received $55,744 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Kentucky, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LAWRENCE & AUGUSTA HAGER EDUCATIONAL FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Kentucky, the 2024 pay of the Chief Executive Officer at LAWRENCE & AUGUSTA HAGER EDUCATIONAL FOUNDATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at LAWRENCE & AUGUSTA HAGER EDUCATIONAL FOUNDATION INC equaled 18% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are LAWRENCE & AUGUSTA HAGER EDUCATIONAL FOUNDATION INC's revenue and expenses?

In 2024, LAWRENCE & AUGUSTA HAGER EDUCATIONAL FOUNDATION INC reported $1.2M in total revenue and $2.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.