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Filing year 2024

M AND L HONG FOUNDATION

Pennington, New Jersey·EIN 83-6345283·NTEE P12 · Human Services·501(c)(3)
Total revenue
$3M
Total assets
$54.6M
Total expenses
$1.1M
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 Human Services organizations in New Jersey.

Trustee
Board Member
Above 90th percentile
$358k
$386k

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 Human Services

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at M AND L HONG FOUNDATION equaled 31% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2024)
31%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services 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

$750k

Itemized grants

2

Median grant

$375k

RecipientLocationPurposeAmount
SOUTHEASTERN CALIFORNIA CONFERENCERIVERSIDE, CAGENERAL OPERATING$500k
LOMA LINDA KOREAN CHURCHREDLANDS, CAGENERAL OPERATING$250k

Top compensation, year by year

From $22k in 2023 to $358k in 2024.

$22k
2023
$358k
2024
In today's dollarsEst.
Up 1491% in real terms$24k to $386k

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 1545% from 2023 to 2024, while revenue fell 94%.

$22k in 2023 to $358k 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 ($50M - $150M), 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 M AND L HONG FOUNDATION

What does the Board Member of M AND L HONG FOUNDATION earn?

In 2024, the Board Member of M AND L HONG FOUNDATION received $357,833 in total compensation. This pay is in the top 10% for Board Member roles among Human Services organizations in New Jersey: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at M AND L HONG FOUNDATION compare with similar nonprofits?

Compared with the same role at Human Services organizations in New Jersey, the 2024 pay of the Board Member at M AND L HONG FOUNDATION falls in the top 10%. In 2024, the highest total compensation at M AND L HONG FOUNDATION equaled 31% of the organization's total expenses. The median for human services organizations is 8%.

What are M AND L HONG FOUNDATION's revenue and expenses?

In 2024, M AND L HONG FOUNDATION reported $3M in total revenue and $1.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.