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Filing year 2023

LEE SCHMIDT SCHOLARSHIP TRUST FUND

Twin Falls, Idaho·EIN 82-0497599·NTEE B82Z · Education·501(c)(3)
Total revenue
$38k
Total assets
$524k
Total expenses
$37k
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Trustee
Board Member
10th to 25th percentile
$5k
$5k
Trustee
Board Member
Below 10th percentile
$325
$356
Trustee
Board Member
Below 10th percentile
$325
$356
Trustee
Board Member
Below 10th percentile
$325
$356
Trustee
Board Member
Below 10th percentile
$325
$356
Trustee
Board Member
Below 10th percentile
$325
$356

Teal figures restate each filed amount in 2026 dollars.

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

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LEE SCHMIDT SCHOLARSHIP TRUST FUND equaled 14% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
14%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$28k

Itemized grants

1

Median grant

$28k

This is a private foundation. Peers are foundations of similar asset size (Under $1M), 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.

1
ELWELL FAMILY TRUST2024
$7k
2
GENE MAGLEBY FOUNDATION2023
$6k
3
LEE SCHMIDT SCHOLARSHIP TRUST FUND2023
$5k
Compare compensation across all Education organizations
FAQ

Common questions about LEE SCHMIDT SCHOLARSHIP TRUST FUND

What does the Board Member of LEE SCHMIDT SCHOLARSHIP TRUST FUND earn?

In 2023, the Board Member of LEE SCHMIDT SCHOLARSHIP TRUST FUND received $5,000 in total compensation. This pay is in the bottom quarter for Board Member roles among Education organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at LEE SCHMIDT SCHOLARSHIP TRUST FUND compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Board Member at LEE SCHMIDT SCHOLARSHIP TRUST FUND falls between the 10th and 25th percentiles. In 2023, the highest total compensation at LEE SCHMIDT SCHOLARSHIP TRUST FUND equaled 14% of the organization's total expenses. The median for education organizations is 7%.

What are LEE SCHMIDT SCHOLARSHIP TRUST FUND's revenue and expenses?

In 2023, LEE SCHMIDT SCHOLARSHIP TRUST FUND reported $38k in total revenue and $37k in total expenses on its IRS Form 990.

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