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Filing year 2024

THE 1687 FOUNDATION

McKinney, Texas·EIN 26-3772474·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$28.2M
Total assets
$162.3M
Total expenses
$10.2M
Reported officers
8

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 Philanthropy, Voluntarism & Grantmaking organizations in Texas.

Director, CEO
10th to 25th percentile
$29k
$30k
Director of Finance, V.p.
10th to 25th percentile
$21k
$22k
Director
Unclassified
$21k
$22k
Director
Unclassified
$21k
$22k
Director, V.p. Ranch Wildlife
Unclassified
$21k
$22k
Director of Grants, V.p.
Unclassified
$21k
$22k
Director
Unclassified
$21k
$22k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Dallas-Fort Worth-Arlington, TX metro-area CPI-U, 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 THE 1687 FOUNDATION equaled 0.3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.3%
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

$4.7M

Itemized grants

117

Median grant

$14k

RecipientLocationPurposeAmount
TEXAS TECH FOUNDATION - AGREEMENT 2024LUBBOCK, TXDONATION$580k
TEXAS TECH FOUNDATION - AGREEMENT GRANTLUBBOK, TXDONATION$500k
TEXAS TECH FOUNDATION INC - GRANTLUBBOCK, TXDONATION$350k
HEARTBEAT INTERNATIONAL - GRANTCOLUMBUS, OHDONATION$240k
LIFELINE CHILDREN'S SERVICES - GRANTBIRMINGHAM, ALDONATION$181k
CAMP ABLE OF BUFFALO GAP - ABILENE GIVES FUNDRAISERBUFFALO GAP, TXDONATION$150k
OPEN DOOR - 2024 MOBILE UNIT EXPENSESCISCO, TXDONATION$123k
ELAM MINISTRIES - GRANTALPHARETTA, GADONATION$120k
BILLY GRAHAM EVANGELISTIC ASSO - DONATION- SAMARITANS PURSECHARLOTTE, NCDONATION$100k
MERCY GATE MINISTRIES-MINDY - GRANTINGRAM, TXDONATION$100k
OLDEN VOLUNTEER FIRE DEPARTMEN - GRANTOLDEN, TXDONATION$100k
TEXAS TECH FOUNDATION - GRANTLUBBOCK, TXDONATION$100k
TEXAS TECH FOUNDATION INC - THE 1687 FOUNDATION SCHOLARSHIPLUBBOCK, TXDONATION$100k
CENTER FOR ASD - MATCHING GRANTCROWLEY, TXDONATION$75k
CHASE'S PLACE - GRANTRICHARDSON, TXDONATION$65k
ABILENE YOUTH SPORTS AUTHORITY - GRANTABILENE, TXDONATION$61k
FIRST BAPTIST CHURCH OF BUFFAL - GRANTBUFFALO GAP, TXDONATION$56k
BYNUM SCHOOL - GRANTMIDLAND, TXDONATION$50k
COLEMAN CARES - GRANTCOLEMAN, TXDONATION$50k
ENCOURAGE ONE ANOTHER - GRANTARLINGTON, TXDONATION$50k
PLAY IT FORWARD FOUNDATION - GRANTTROPHY CLUB, TXDONATION$50k
SHARING HANDS - GRANTMIDLAND, TXDONATION$50k
TEXAS RANGERS BASEBALL FOUNDAT - 2023 ANNUAL CONTRIBUTIONARLINGTON, TXDONATION$50k
TEXAS RANGERS BASEBALL FOUNDAT - INV# 11820242 GALAARLINGTON, TXDONATION$50k
MOVING WATER - GRANTCYPRESS, TXDONATION$45k

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), 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 THE 1687 FOUNDATION

What does the Chief Executive Officer of THE 1687 FOUNDATION earn?

In 2024, the Chief Executive Officer of THE 1687 FOUNDATION received $29,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE 1687 FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas, the 2024 pay of the Chief Executive Officer at THE 1687 FOUNDATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at THE 1687 FOUNDATION equaled 0.3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE 1687 FOUNDATION's revenue and expenses?

In 2024, THE 1687 FOUNDATION reported $28.2M in total revenue and $10.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.