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Filing year 2024

SURTMAN FOUNDATION

Smithfield, Virginia·EIN 56-6056565·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$94k
Total assets
$1.3M
Total expenses
$302k
Reported officers
2

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 Philanthropy, Voluntarism & Grantmaking organizations in Virginia.

Trustee
Board Member
25th percentile to median
$5k
$5k

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 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at SURTMAN FOUNDATION 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

$287k

Itemized grants

22

Median grant

$2k

RecipientLocationPurposeAmount
LIBERTY LIVE CHURCHHAMPTON, VARELIGIOUS$103k
BROKEN CHAINS MINISTRYAKRON, OHRELIGIOUS$50k
RECOVERY ALIVESMITHFIELD, VACOMMUNITY SERVICE$50k
ACLU FOUNDATIONNEW YORK, NYCOMMUNITY SERVICE$38k
LIBERTY BAPTIST CHURCHHAMPTON, VARELIGIOUS$15k
EMOTIONAL RECOVERY CLINICOVIEDO, FLCOMMUNITY SERVICE$6k
CALVARY ROAD BAPTIST CHURCHALEXANDRIA, VARELIGIOUS$5k
DESTINY FAMILY CENTERSTUARTS DRAFT, VARELIGIOUS$5k
DAVIDSON COMMUNITY PLAYERSDAVIDSON, NCCOMMUNITY SERVICE$3k
RAICESSAN ANTONIO, TXCOMMUNITY SERVICE$3k
PENINSULA RESCUE MISSIONNEWPORT NEWS, VACOMMUNITY SERVICE$2k
BLUE RIDGE PARKWAY FOUNDATIONWINSTONSALEM, NCCOMMUNITY SERVICE$1k
EAST LINCOLN CHRISTIAN MINISTRYDENVER, NCRELIGIOUS$1k
GREEN ROOM COMMUNITY THEATRENEWTON, NCCOMMUNITY SERVICE$1k
ISLE OF WRIGHT RESCUE SQUADSMITHFIELD, VACOMMUNITY SERVICE$1k
VETERANS YOGA PROJECTALAMEDA, CACOMMUNITY SERVICE$1k
QUEENS FUND FOR STUDENT SCHOLARSHIPSCHARLOTTE, NCEDUCATION$500
ROCK SPRINGS ELEMENTARY SCHOOLDENVER, NCEDUCATION$500
SALLY'S YMCADENVER, NCCOMMUNITY SERVICE$500
UNC-TVRESEARCH TRIANGLE PARK, NCCOMMUNITY SERVICE$500
UNITED PRESBYTERIAN CHURCHFORT MILL, SCRELIGIOUS$500
WFAE-NPR RADIOCHARLOTTE, VACOMMUNITY SERVICE$500
Compare this foundation's grantees

Held steady
from 2022

From $10k in 2022 to $10k in 2023.

$10k
2022
$10k
2023
In today's dollarsEst.
Down 4% in real terms$11k to $11k

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 Member pay fell 50% from 2022 to 2024.

$10k in 2022 to $5k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 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 SURTMAN FOUNDATION

What does the Board Member of SURTMAN FOUNDATION earn?

In 2024, the Board Member of SURTMAN FOUNDATION received $5,000 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Virginia, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at SURTMAN FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Virginia, the 2024 pay of the Board Member at SURTMAN FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at SURTMAN FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are SURTMAN FOUNDATION's revenue and expenses?

In 2024, SURTMAN FOUNDATION reported $94k in total revenue and $302k 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.