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Filing year 2024

Richard W Erickson Foundation

Kaysville, Utah·EIN 87-0644559·NTEE A50 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$735k
Total assets
$10.9M
Total expenses
$1.1M
Reported officers
7

Executive compensation

Form 990-PF · Part VIII · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations nationwide.

Chairman
Board Chair
75th to 90th percentile
$88k
$94k
Trustee
Board Member
Median to 75th percentile
$39k
$41k
Secretary
Board Secretary
75th to 90th percentile
$30k
$32k
Trustee
Board Member
Median to 75th percentile
$29k
$31k
Trustee
Board Member
Median to 75th percentile
$29k
$31k
Ranch Manager
Unclassified
$9k
$9k
Trustee
Board Member
10th to 25th percentile
$4k
$4k

Teal figures restate each filed amount in 2026 dollars.

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

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Richard W Erickson Foundation equaled 8% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
8%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities 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

$19k

Itemized grants

8

Median grant

$3k

RecipientLocationPurposeAmount
Continue MissionBountiful, UTGeneral Financial Support$5k
Wasatch CountyHeber City, UTGeneral Financial Support$4k
CAF Utah WingnutsHeber, UTGeneral Financial Support$3k
Heber Valley RailroadHeber, UTGeneral Financial Support$3k
Vibrant AmericaWest Valley City, UTGeneral Financial Support$3k
Utah Foster CareMurray, UTGeneral Financial Support$1k
Round Valley Learning AcademyWallsburg, UTGeneral Financial Support$1k
Regulatorz SoftballCopperton, UTGeneral Financial Support$500
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 7%
from 2023

From $83k in 2023 to $88k in 2024.

$83k
2023
$88k
2024
In today's dollarsEst.
Up 4% in real terms$90k to $94k

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

Pay for the position

Board Chair pay rose 7% from 2023 to 2024, while revenue fell 6%.

$83k in 2023 to $88k in 2024.
  • Board Member pay rose 72% from 2023 to 2024.
  • Board Secretary pay rose 35% from 2023 to 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.
Financial trend

Revenue and expenses over time

Richard W Erickson Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$784k
$850k
2023
$735k
$1.1M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Arts, Culture & Humanities executives earn in Utah

Comparable arts, culture & humanities organizations in Utah pay their highest-earning executive a median of $42,500.

25th percentile
$14k
Median
$42,500
75th percentile
$88k
90th percentile
$148k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 135 organizations across 135 filings (2022 – 2024).

See full Arts, Culture & Humanities pay data for Utah
FAQ

Common questions about Richard W Erickson Foundation

What does the Board Chair of Richard W Erickson Foundation earn?

In 2024, the Board Chair of Richard W Erickson Foundation received $88,083 in total compensation. This pay is in the top quarter for Board Chair roles among Arts, Culture & Humanities organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Chair pay at Richard W Erickson Foundation compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations nationwide, the 2024 pay of the Board Chair at Richard W Erickson Foundation falls between the 75th and 90th percentiles. In 2024, the highest total compensation at Richard W Erickson Foundation equaled 8% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are Richard W Erickson Foundation's revenue and expenses?

In 2024, Richard W Erickson Foundation reported $735k in total revenue and $1.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.