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Filing year 2024

LORETTA LEE VER VALEN ENDOWMENT FUND FOR

Buffalo, New York·EIN 52-7086693·NTEE A11 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$48k
Total assets
$623k
Total expenses
$50k
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 Arts, Culture & Humanities organizations in New York.

Trustee
Board Member
25th percentile to median
$11k
$12k

Teal figures restate each filed amount in 2026 dollars.

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

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LORETTA LEE VER VALEN ENDOWMENT FUND FOR equaled 23% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
23%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities 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

$36k

Itemized grants

1

Median grant

$36k

RecipientLocationPurposeAmount
MARYLAND OPERA INCBALTIMARE, MDGENERAL USE$36k
Compare this foundation's grantees

Up 10%
from 2023

From $10k in 2023 to $11k in 2024.

$10k
2023
$11k
2024
In today's dollarsEst.
Up 7% in real terms$11k to $12k

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

Pay for the position

Board Member pay rose 10% from 2023 to 2024, while revenue rose 121%.

$10k in 2023 to $11k 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 (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 LORETTA LEE VER VALEN ENDOWMENT FUND FOR

What does the Board Member of LORETTA LEE VER VALEN ENDOWMENT FUND FOR earn?

In 2024, the Board Member of LORETTA LEE VER VALEN ENDOWMENT FUND FOR received $11,300 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Arts, Culture & Humanities organizations in New York, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at LORETTA LEE VER VALEN ENDOWMENT FUND FOR compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in New York, the 2024 pay of the Board Member at LORETTA LEE VER VALEN ENDOWMENT FUND FOR falls between the 25th percentile and the median. In 2024, the highest total compensation at LORETTA LEE VER VALEN ENDOWMENT FUND FOR equaled 23% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are LORETTA LEE VER VALEN ENDOWMENT FUND FOR's revenue and expenses?

In 2024, LORETTA LEE VER VALEN ENDOWMENT FUND FOR reported $48k in total revenue and $50k 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.