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Filing year 2024

ROBERT B CRANSTON THEOPHILUS PITMAN FUND

Newport, Rhode Island·EIN 05-6008897·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$2.5M
Total assets
$3.4M
Total expenses
$163k
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2024

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

Director
Unclassified
$4k
$4k
Trustee
Board Member
10th to 25th percentile
$3k
$3k
Trustee
Board Member
Below 10th percentile
$2k
$2k
Trustee
Board Member
Below 10th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast 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 2024, the highest total compensation at ROBERT B CRANSTON THEOPHILUS PITMAN FUND equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
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 2024 Form 990-PF, Part XV.

Total granted

$112k

Itemized grants

1

Median grant

$112k

RecipientLocationPurposeAmount
INDIGENT PEOPLE - PAID FOR MEDICAL SVS FOOD CLOTHING HOUSING & TRAVELNEWPORT, RIMEDICAL SVCE, FOOD, UTIL, CLOTHING, HOUSING & TRAVEL$112k
Pay for the position

Board Member pay held roughly steady from 2023 to 2024, while revenue rose 2113%.

$3k in 2023 to $3k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 ROBERT B CRANSTON THEOPHILUS PITMAN FUND

What does the Board Member of ROBERT B CRANSTON THEOPHILUS PITMAN FUND earn?

In 2024, the Board Member of ROBERT B CRANSTON THEOPHILUS PITMAN FUND received $3,000 in total compensation. This pay is in the bottom quarter for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Rhode Island, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at ROBERT B CRANSTON THEOPHILUS PITMAN FUND compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Rhode Island, the 2024 pay of the Board Member at ROBERT B CRANSTON THEOPHILUS PITMAN FUND falls between the 10th and 25th percentiles. In 2024, the highest total compensation at ROBERT B CRANSTON THEOPHILUS PITMAN FUND equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are ROBERT B CRANSTON THEOPHILUS PITMAN FUND's revenue and expenses?

In 2024, ROBERT B CRANSTON THEOPHILUS PITMAN FUND reported $2.5M in total revenue and $163k 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.