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Filing year 2024

MEDA GRAHAM EDUCATIONAL FUND INC

Detroit, Michigan·EIN 38-6261402·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations

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

Total revenue
$70k
Total assets
$1.1M
Total expenses
$93k
Reported officers
4

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 Michigan.

Co Trustee
Board Member
Median to 75th percentile
$19k
$21k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 3 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MEDA GRAHAM EDUCATIONAL FUND INC equaled 21% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
21%
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

$67k

Itemized grants

1

Median grant

$67k

RecipientLocationPurposeAmount
ALMA COLLEGEALMA, MISCHOLARSHIPS$67k
Compare this foundation's grantees

Up 82%
from 2023

From $11k in 2023 to $19k in 2024.

$11k
2023
$19k
2024
In today's dollarsEst.
Up 77% in real terms$12k to $21k

Estimated with BLS CPI-U for the Midwest 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 82% from 2023 to 2024, while revenue fell 53%.

$11k in 2023 to $19k 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 ($1M - $10M), 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 MEDA GRAHAM EDUCATIONAL FUND INC

What does the Board Member of MEDA GRAHAM EDUCATIONAL FUND INC earn?

In 2024, the Board Member of MEDA GRAHAM EDUCATIONAL FUND INC received $19,230 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Michigan, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at MEDA GRAHAM EDUCATIONAL FUND INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan, the 2024 pay of the Board Member at MEDA GRAHAM EDUCATIONAL FUND INC falls between the median and the 75th percentile. In 2024, the highest total compensation at MEDA GRAHAM EDUCATIONAL FUND INC equaled 21% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MEDA GRAHAM EDUCATIONAL FUND INC's revenue and expenses?

In 2024, MEDA GRAHAM EDUCATIONAL FUND INC reported $70k in total revenue and $93k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.