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Filing year 2023

REA CHARITABLE TRUST

Detroit, Michigan·EIN 26-3671567·NTEE T90 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$4.2M
Total assets
$98.1M
Total expenses
$6.7M
Reported officers
8

Executive compensation

Form 990-PF · Part VIII · 8 reported individuals · Filing year 2023

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

Trustee
Board Member
Above 90th percentile
$134k
$148k
Advisory Committee
Unclassified
$1k
$1k
Advisory Committee
Unclassified
$1k
$1k
Advisory Committee
Unclassified
$1k
$1k
Advisory Committee
Unclassified
$1k
$1k
Advisory Committee
Unclassified
$1k
$1k
Advisory Committee
Unclassified
$1k
$1k
Advisory Committee
Unclassified
$1k
$1k

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 2023, the highest total compensation at REA CHARITABLE TRUST equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
2%
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

$5.6M

Itemized grants

205

Median grant

$15k

RecipientLocationPurposeAmount
MIDLAND ISD EDUCATIONAL FOUNDATIONMIDLAND, TXSUPPORT FOR DAILY OPERATION$350k
TRINITY SCHOOL OF MIDLAND TEXASMIDLAND, TXSUPPORT FOR DAILY OPERTION$150k
MUSEUM OF THE SOUTHWESTMIDLAND, TXSUPPORT FOR DAILY OPERATION$150k
UNIVERSITY OF TEXASAUSTIN, TXSUPPORT FOR DAILY OPERATION$150k
SENIOR LIFE MIDLAND INCMIDLAND, TXSUPPORT FOR DAILY OPERATION$150k
ODESSA COLLEGE FOUNDATION INCODESSA, TXSUPPORT FOR DAILY OPERATION$150k
MARY BALDWIN UNIVERSITYSTAUNTON, VASUPPORT FOR DAILY OPERATION$135k
ELLEN NOEL ART MUSEUM OF THE PERMIAN BASINODESSA, TXSUPPORT FOR DAILY OPERATION$100k
ARTS COUNCIL OF MIDLANDMIDLAND, TXSUPPORT FOR DAILY OPERATION$100k
HISPANIC CULTURE CENTER OF MIDLANDMIDLAND, TXSUPPORT FOR DAILY OPERATION$100k
PERMIAN BASIN PUBLIC TELECOMMUNICATIONS INCMIDLAND, TXSUPPORT FOR DAILY OPERATION$80k
MIDLAND FESTIVAL BALLETMIDLAND, TXSUPPORT FOR DAILY OPERATION$80k
MIDLAND COMMUNITY THEATRE INCMIDLAND, TXSUPPORT FOR DAILY OPERATION$80k
MARATHON PUBLIC LIBRARYMARATHON, TXSUPPORT FOR DAILY OPERATION$75k
LEVELLAND WALLACE THEATERLEVELLAND, TXSUPPORT FOR DAILY OPERATION$75k
SCHREINER UNIVERSITYKERRVILLE, TXSUPPORT FOR DAILY OPERATION$75k
DALLAS SYMPHONY ASSOCIATION INCDALLAS, TXSUPPORT FOR DAILY OPERATION$75k
MIDLAND-ODESSA SYMPHONY AND CHORALE INCMIDLAND, TXSUPPORT FOR DAILY OPERATION$75k
ANGELO STATE UNIVERSITY FOUNDATION INCSAN ANGELO, TXSUPPORT FOR DAILY OPERATION$75k
BYNUM SCHOOLMIDLAND, TXSUPPORT FOR DAILY OPERATION$65k
HOSPICE OF MIDLAND INCMIDLAND, TXSUPPORT FOR DAILY OPERATION$60k
HIGH SKY CHILDRENS RANCHMIDLAND, TXSUPPORT FOR DAILY OPERATION$55k
NATIONAL ALLIANCE FOR GRIEVING CHILDRENLUBBOCK, TXSUPPORT FOR DAILY OPERATION$50k
MIDLAND COLLEGE FOUNDATION INCMIDLAND, TXSUPPORT FOR DAILY OPERATION$50k
BALLET LUBBOCKLUBBOCK, TXSUPPORT FOR DAILY OPERATION$50k
Compare this foundation's grantees

Down 57%
from 2022

From $311k in 2022 to $134k in 2023.

$311k
2022
$134k
2023
In today's dollarsEst.
Down 58% in real terms$356k to $148k

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 351% from 2022 to 2023.

$30k in 2022 to $134k 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 ($50M - $150M), 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 REA CHARITABLE TRUST

What does the Board Member of REA CHARITABLE TRUST earn?

In 2023, the Board Member of REA CHARITABLE TRUST received $134,246 in total compensation. This pay is in the top 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Michigan: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at REA CHARITABLE TRUST compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan, the 2023 pay of the Board Member at REA CHARITABLE TRUST falls in the top 10%. In 2023, the highest total compensation at REA CHARITABLE TRUST equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are REA CHARITABLE TRUST's revenue and expenses?

In 2023, REA CHARITABLE TRUST reported $4.2M in total revenue and $6.7M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.