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Filing year 2024

LENORA L ALLEN & MARIE HERRING MEMORIAL TRST

Birmingham, Alabama·EIN 72-6028842·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations

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

Total revenue
$4k
Total assets
$59k
Total expenses
$4k
Reported officers
1

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

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

Trustee
Board Member
Below 10th percentile
$2k
$2k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LENORA L ALLEN & MARIE HERRING MEMORIAL TRST equaled 37% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
37%
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

$1k

Itemized grants

2

Median grant

$719

RecipientLocationPurposeAmount
HISTORIC GRAND CANE ASSOCIATIONGRAND CANE, LAGENERAL OPERATING$1k
GRAND CANE CEMETERY ASSOC CO EDITHGRAND CANE, LAGENERAL OPERATING$200
Pay for the position

Board Member pay held roughly steady from 2023 to 2024, while revenue rose 9%.

$2k in 2023 to $2k in 2024.

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

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.

FAQ

Common questions about LENORA L ALLEN & MARIE HERRING MEMORIAL TRST

What does the Board Member of LENORA L ALLEN & MARIE HERRING MEMORIAL TRST earn?

In 2024, the Board Member of LENORA L ALLEN & MARIE HERRING MEMORIAL TRST received $1,504 in total compensation. This pay is in the bottom 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Alabama: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board Member pay at LENORA L ALLEN & MARIE HERRING MEMORIAL TRST compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Alabama, the 2024 pay of the Board Member at LENORA L ALLEN & MARIE HERRING MEMORIAL TRST falls in the bottom 10%. In 2024, the highest total compensation at LENORA L ALLEN & MARIE HERRING MEMORIAL TRST equaled 37% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are LENORA L ALLEN & MARIE HERRING MEMORIAL TRST's revenue and expenses?

In 2024, LENORA L ALLEN & MARIE HERRING MEMORIAL TRST reported $4k in total revenue and $4k 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.