Executive compensation
Form 990-PF · Part VIII · 2 reported individuals · Filing year 2023
| Position | Total |
|---|---|
Co-trustee Unclassified | $13k $14k |
Co-trustee Unclassified | $13k $14k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with New York-Newark-Jersey City, NY-NJ-PA 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 →
Top pay as a share of expenses
In 2023, the highest total compensation at PHILIP V FAVA AND NANCY OWEN D FAVA equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
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
$330k
Itemized grants
3
Median grant
$83k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| TUFTS UNIVERSTIY SCHOOL OF MEDICINE | BOSTON, MA | GENERAL SUPPORT | $165k |
| CALDWELL COLLEGE | CALDWELL, NJ | GENERAL SUPPORT | $83k |
| BLACKBURN COLLEGE | CARLINVILLE, IL | GENERAL SUPPORT | $83k |
This is a private foundation. Peers are foundations of similar asset size (No assets reported), 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.
Common questions about PHILIP V FAVA AND NANCY OWEN D FAVA
What are PHILIP V FAVA AND NANCY OWEN D FAVA's revenue and expenses?
In 2023, PHILIP V FAVA AND NANCY OWEN D FAVA reported $12k in total revenue and $383k in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.
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