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Filing year 2024

THE ARMSTRONG FOUNDATION

Fort Worth, Texas·EIN 75-6003209·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$2.4M
Total assets
$24M
Total expenses
$1.8M
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 Philanthropy, Voluntarism & Grantmaking organizations in Texas.

Officer
Unclassified
$79k
$84k
President
Board President
Median to 75th percentile
$62k
$65k
Secretary
Board Secretary
75th to 90th percentile
$56k
$60k
Treasurer
Board Treasurer
25th percentile to median
$10k
$11k
Trustee
Board Member
25th percentile to median
$6k
$6k
Trustee
Board Member
25th percentile to median
$6k
$6k
Key Employee
Unclassified
$6k
$6k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE ARMSTRONG FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
5%
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

$1.2M

Itemized grants

62

Median grant

$18k

RecipientLocationPurposeAmount
LEADERSHIP INSTITUTEARLINGTON, VAEDUCATION$45k
BILL OF RIGHTS INSTITUTEARLINGTON, VANATIONAL AND STATE POLICY$45k
HERITAGE FOUNDATIONWASHINGTON, DCNATIONAL AND STATE POLICY$40k
AMERICAN ENTERPRISE INSTITUTE FOR PWASHINGTON, DCNATIONAL AND STATE POLICY$38k
INTERCOLLEGIATE STUDIES INSTITUTEWILMINGTON, DEEDUCATION$35k
ASHBROOK CENTER AT ASHLAND UNIVERSIASHLAND, OHEDUCATION$35k
FOUNDATION FOR ECONOMIC EDUCATIONATLANTA, GAEDUCATION$35k
THE FUND FOR AMERICAN STUDIESWASHINGTON, DCEDUCATION$35k
REASON FOUNDATIONLOS ANGELES, CAEDUCATION$35k
STATE POLICY NETWORKARLINGTON, VANATIONAL AND STATE POLICY$35k
INSTITUTE FOR JUSTICEARLINGTON, VANATIONAL AND STATE POLICY$30k
TEXAS PUBLIC POLICY FOUNDATIONAUSTIN, TXNATIONAL AND STATE POLICY$30k
JACK MILLER CENTERBALA CYNWYD, PAEDUCATION$30k
MOVING PICTURES INSTITUTENEW YORK, NYEDUCATION$30k
PACIFIC LEGAL FOUNDATIONSACRAMENTO, CANATIONAL AND STATE POLICY$30k
MERCATUS CENTERARLINGTON, VAEDUCATION$28k
INSTITUTE FOR HUMANE STUDIESARLINGTON, VAEDUCATION$28k
FREE THE PEOPLE FIGHT THE POWER FOUWASHINGTON, DCNATIONAL AND STATE POLICY$28k
BARRY GOLDWATER INSTITUTE FOR PUBLIPHOENIX, AZEDUCATION$25k
INDEPENDENT INSTITUTEOAKLAND, CANATIONAL AND STATE POLICY$25k
YOUNG AMERICAS FOUNDATIONRESTON, VAEDUCATION$25k
CATO INSTITUTEWASHINGTON, DCNATIONAL AND STATE POLICY$25k
MISSISSIPPI CENTER FOR PUBLIC POLICJACKSON, MSNATIONAL AND STATE POLICY$25k
CONSTITUTING AMERICA INCCOLLEYVILLE, TXEDUCATION$23k
COMPETITIVE ENTERPRISE INSTITUTEWASHINGTON, DCEDUCATION$20k
Compare this foundation's grantees

Up 5%
from 2023

From $76k in 2023 to $79k in 2024.

$76k
2023
$79k
2024
In today's dollarsEst.
Up 2% in real terms$83k to $84k

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 President pay rose 4% from 2023 to 2024, while revenue rose 26%.

$59k in 2023 to $62k in 2024.
  • Board Secretary pay rose 4% from 2023 to 2024.
  • Board Treasurer pay rose 4% 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.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), 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 ARMSTRONG FOUNDATION

What does the Board President of THE ARMSTRONG FOUNDATION earn?

In 2024, the Board President of THE ARMSTRONG FOUNDATION received $61,524 in total compensation. This pay is above the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board President pay at THE ARMSTRONG FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas, the 2024 pay of the Board President at THE ARMSTRONG FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at THE ARMSTRONG FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE ARMSTRONG FOUNDATION's revenue and expenses?

In 2024, THE ARMSTRONG FOUNDATION reported $2.4M in total revenue and $1.8M 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.