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Filing year 2024

Raymond B Preston Family Foundation

Henderson, Kentucky·EIN 52-1676236·NTEE B12 · Education·501(c)(3)
Total revenue
$1.4M
Total assets
$9.8M
Total expenses
$953k
Reported officers
10

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 Education organizations nationwide.

Recording Secretary
Board Secretary
Median to 75th percentile
$20k
$21k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 9 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Raymond B Preston Family Foundation equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education 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

$759k

Itemized grants

1

Median grant

$759k

RecipientLocationPurposeAmount
See AttachedHenderson, KYCharitable$759k

Held steady
from 2023

From $20k in 2023 to $20k in 2024.

$20k
2023
$20k
2024
In today's dollarsEst.
Down 3% in real terms$22k to $21k

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

Pay for the position

Board Secretary pay held roughly steady from 2023 to 2024, while revenue rose 55%.

$20k in 2023 to $20k 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 Raymond B Preston Family Foundation

What does the Board Secretary of Raymond B Preston Family Foundation earn?

In 2024, the Board Secretary of Raymond B Preston Family Foundation received $20,000 in total compensation. This pay is above the median (the midpoint) for Board Secretary roles among Education organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Secretary pay at Raymond B Preston Family Foundation compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2024 pay of the Board Secretary at Raymond B Preston Family Foundation falls between the median and the 75th percentile. In 2024, the highest total compensation at Raymond B Preston Family Foundation equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are Raymond B Preston Family Foundation's revenue and expenses?

In 2024, Raymond B Preston Family Foundation reported $1.4M in total revenue and $953k 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.