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Filing year 2024

OLIVER FELTON CHARITABLE TRUST FIRST BANK

Marquette, Michigan·EIN 39-6792654·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations

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

Total revenue
$87k
Total assets
$858k
Total expenses
$64k
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 Philanthropy, Voluntarism & Grantmaking organizations in Michigan.

Trustee
Board Member
25th percentile to median
$7k
$8k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at OLIVER FELTON CHARITABLE TRUST FIRST BANK equaled 11% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
11%
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

$56k

Itemized grants

10

Median grant

$5k

RecipientLocationPurposeAmount
HOLY NAME SCHOLARSHIP FUND CO FIRST BANKMARQUETTE, MIGENERAL OPERATING$8k
BAY DE NOC COMMUNITY COLLEGEESCANABA, MIGENERAL OPERATING$8k
HOLY NAME SCHOOL ENDOWMENT FUNDESCANABA, MIGENERAL OPERATING$6k
ESCANABA AREA PUBLIC SCHOOL DISTRICTESCANABA, MIGENERAL OPERATING$5k
OSF HEALTHCARE FOUNDATION CO OSF ST FRANCIS HOSPITALESCANABA, MIGENERAL OPERATING$5k
UNITED WAY OF DELTA COUNTYESCANABA, MIGENERAL OPERATING$5k
ST VINCENT DE PAUL SOCIETYMARQUETTE, MIGENERAL OPERATING$5k
WILLIAM BONIFAS FINE ARTS CENTERESCANABA, MIGENERAL OPERATING$5k
ST JOSEPH AND ST PATRICK CHURCHESCANABA, MIGENERAL OPERATING$5k
ESCANABA ROTARY TR FD FOR CHILDREN WITH SPECIAL NEEDSGLADSTONE, MIGENERAL OPERATING$3k
Compare this foundation's grantees
Pay for the position

Board Member pay rose 8% from 2023 to 2024, while revenue rose 179%.

$7k in 2023 to $7k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 OLIVER FELTON CHARITABLE TRUST FIRST BANK

What does the Board Member of OLIVER FELTON CHARITABLE TRUST FIRST BANK earn?

In 2024, the Board Member of OLIVER FELTON CHARITABLE TRUST FIRST BANK received $7,012 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Michigan, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at OLIVER FELTON CHARITABLE TRUST FIRST BANK compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan, the 2024 pay of the Board Member at OLIVER FELTON CHARITABLE TRUST FIRST BANK falls between the 25th percentile and the median. In 2024, the highest total compensation at OLIVER FELTON CHARITABLE TRUST FIRST BANK equaled 11% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are OLIVER FELTON CHARITABLE TRUST FIRST BANK's revenue and expenses?

In 2024, OLIVER FELTON CHARITABLE TRUST FIRST BANK reported $87k in total revenue and $64k 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.