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Filing year 2024

LOONEY-MONTGOMERY FOUNDATION

Edinburg, Texas·EIN 74-6050563·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$35k
Total assets
$438k
Total expenses
$14k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. LOONEY-MONTGOMERY FOUNDATION reported 4 unpaid officers and board members on its 990-PF.

President
Vp/sec/treas
Vp/asst Sec
VP

Grants paid

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

Total granted

$10k

Itemized grants

7

Median grant

$1k

RecipientLocationPurposeAmount
MUSEUM OF SOUTH TEXAS HISTORYEDINBURG, TXTO ASSIST WITH OPERATING EXPENSES$4k
THE UNIVERSITY OF TEXAS FOUNDATIONAUSTIN, TXTO ASSIST WITH OPERATING EXPENSES$2k
VANNIE E COOK JR CANCER FOUNDATIOMCALLEN, TXTO ASSIST WITH OPERATING EXPENSES$1k
PALM VALLEY ANIMAL SOCIETYEDINBURG, TXTO ASSIST WITH OPERATING EXPENSES$1k
INTERNATION MUSEUM OF ART & SCIENCEMCALLEN, TXTO ASSIST WITH OPERATING EXPENSES$1k
THE NATIONAL WWII MUSEUMNEW ORLEANS, LATO ASSIST WITH OPERATING EXPENSES$500
SALVATION ARMYMCALLEN, TXTO ASSIST WITH OPERATING EXPENSES$200
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Financial trend

Revenue and expenses over time

LOONEY-MONTGOMERY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$12k
$17k
2023
$35k
$14k
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Texas

LOONEY-MONTGOMERY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Texas earns a median of $14,224.

25th percentile
$5k
Median
$14,224
75th percentile
$43k
90th percentile
$112k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 4,499 organizations across 4,499 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Texas
FAQ

Common questions about LOONEY-MONTGOMERY FOUNDATION

What are LOONEY-MONTGOMERY FOUNDATION's revenue and expenses?

In 2024, LOONEY-MONTGOMERY FOUNDATION reported $35k in total revenue and $14k 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.

LOONEY-MONTGOMERY FOUNDATION | Edinburg, TX | Pay | Lucido