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Filing year 2024

LEO & RHEA FAY FRUHMAN FOUNDATION

Richardson, Texas·EIN 75-2302749·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$934k
Total assets
$10.5M
Total expenses
$796k
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2024

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

Treasurer
Board Treasurer
75th to 90th percentile
$106k
$112k
President
Board President
Median to 75th percentile
$97k
$103k
Vice President
Board Vice President
Median to 75th percentile
$62k
$66k
Secretary
Board Secretary
Median to 75th percentile
$26k
$27k

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 LEO & RHEA FAY FRUHMAN FOUNDATION equaled 13% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
13%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,948 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

$490k

Itemized grants

2

Median grant

$245k

RecipientLocationPurposeAmount
FIDELITY CHARITY DAFBOSTON, MACOMMUNITY ASSISTANCE - BEVERLY T. GOLDMAN CHARITABLE FUND$400k
FIDELITY CHARITY DAFBOSTON, MACOMMUNITY ASSISTANCE - GATHERFUL GIVING FUND$90k

Down 12%
from 2023

From $120k in 2023 to $106k in 2024.

$120k
2023
$106k
2024
In today's dollarsEst.
Down 14% in real terms$131k to $112k

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

Board Treasurer pay fell 5% from 2023 to 2024, while revenue rose 100%.

$111k in 2023 to $106k in 2024.
  • Board President pay fell 19% from 2023 to 2024.
  • Board Vice President pay rose 72% from 2023 to 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 LEO & RHEA FAY FRUHMAN FOUNDATION

What does the Board Treasurer of LEO & RHEA FAY FRUHMAN FOUNDATION earn?

In 2024, the Board Treasurer of LEO & RHEA FAY FRUHMAN FOUNDATION received $105,827 in total compensation. This pay is in the top quarter for Board Treasurer roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Treasurer pay at LEO & RHEA FAY FRUHMAN FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas, the 2024 pay of the Board Treasurer at LEO & RHEA FAY FRUHMAN FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at LEO & RHEA FAY FRUHMAN FOUNDATION equaled 13% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are LEO & RHEA FAY FRUHMAN FOUNDATION's revenue and expenses?

In 2024, LEO & RHEA FAY FRUHMAN FOUNDATION reported $934k in total revenue and $796k 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.