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Filing year 2023

PAUL AND NORMA FACELLA MEMORIAL SCHOLARSHIP FOUNDATION

Malden, Massachusetts·EIN 47-2827581·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$300k
Total assets
$7.5M
Total expenses
$351k
Reported officers
2

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts.

Trustee
Board Member
Median to 75th percentile
$12k
$13k
Trustee
Board Member
Median to 75th percentile
$12k
$13k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, 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 2023, the highest total compensation at PAUL AND NORMA FACELLA MEMORIAL SCHOLARSHIP FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
3%
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 2023 Form 990-PF, Part XV.

Total granted

$272k

Itemized grants

1

Median grant

$272k

Held steady
from 2022

From $12k in 2022 to $12k in 2023.

$12k
2022
$12k
2023
In today's dollarsEst.
Down 4% in real terms$14k to $13k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay held roughly steady from 2022 to 2023, while revenue rose 70%.

$12k in 2022 to $12k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 PAUL AND NORMA FACELLA MEMORIAL SCHOLARSHIP FOUNDATION

What does the Board Member of PAUL AND NORMA FACELLA MEMORIAL SCHOLARSHIP FOUNDATION earn?

In 2023, the Board Member of PAUL AND NORMA FACELLA MEMORIAL SCHOLARSHIP FOUNDATION received $12,000 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at PAUL AND NORMA FACELLA MEMORIAL SCHOLARSHIP FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, the 2023 pay of the Board Member at PAUL AND NORMA FACELLA MEMORIAL SCHOLARSHIP FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at PAUL AND NORMA FACELLA MEMORIAL SCHOLARSHIP FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are PAUL AND NORMA FACELLA MEMORIAL SCHOLARSHIP FOUNDATION's revenue and expenses?

In 2023, PAUL AND NORMA FACELLA MEMORIAL SCHOLARSHIP FOUNDATION reported $300k in total revenue and $351k 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.