Skip to main content
Filing year 2024

The Carol L Merlone Educational Foundation

Los Angeles, California·EIN 84-3123464·NTEE B40 · Education·501(c)(3)
Total revenue
$461k
Total assets
$2.6M
Total expenses
$780k
Reported officers
7

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Director
Unclassified
$12k
$13k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at The Carol L Merlone Educational Foundation equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education 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

$737k

Itemized grants

24

Median grant

$5k

RecipientLocationPurposeAmount
UCLA FOUNDATIONLOS ANGELES, CASCHOLARSHIP FUND$299k
SIGMA NU ALUMNI SCHOLARHSHIP FUNDLOS ANGELES, CASCHOLARSHIP FUND$165k
UC REGENTSOAKLAND, CASCHOLARSHIP FUND$75k
KARMA CLUB TEENSSan Rafael, CASCHOLARSHIP FUND$63k
GEORGETOWN UNIVERSITYWASHINGTON, DCSCHOLARSHIP FUND$15k
STANFORD UNIVERSITYSTANFORD, CASCHOLARSHIP FUND$15k
Northwestern UniversityEVANSTON, ILSCHOLARSHIP FUND$13k
Massachusetts Institute of TechnologyCambridge, MASCHOLARSHIP FUND$10k
SKIDMORE COLLEGESARATOGA SPRINGS, NYSCHOLARSHIP FUND$10k
University of MichiganANN ARBOR, MISCHOLARSHIP FUND$10k
DARTMOUTH COLLEGEHANOVER, NHSCHOLARSHIP FUND$8k
BOSTON COLLEGECHESTNUT HILL, MASCHOLARSHIP FUND$5k
DUKE UNIVERSITYDURHAM, NCSCHOLARSHIP FUND$5k
PITZER COLLEGELOS ANGELES, CASCHOLARSHP FUND$5k
HARVEY MUDDCLAREMONT, CASCHOLARSHIP FUND$5k
UNIVERSITY OF SOUTHER CALIFORNIALOS ANGELES, CASCHOLARSHIP FUND$5k
WASHINGTON UNIVERSITYST LOUIS, MOSCHOLARSHIP FUND$5k
YALE UNIVERSITYNEW HAVEN, CTSCHOLARSHIP FUND$5k
COLUMBIA UNIVERSITYNEW YORK, NYSCHLOARSHIP FUND$5k
UC SAN DIEGOLA JOLLA, CASCHOLARSHIP FUND$5k
UNIVERSITY OF CALIFORNIA LOS ANGELESLOS ANGELES, CASCHOLARSHIP FUND$3k
UC DAVISDAVIS, CASCHOLARSHIP FUND$3k
TRINITY COLLEGEHARTFORD, CTSCHLOARSHIP FUND$2k
UNIVERSITY OF PENNSYLVANIAPHILADELPHIA, PASCHOLARSHIP FUND$533
Compare this foundation's grantees

Held steady
from 2023

From $12k in 2023 to $12k in 2024.

$12k
2023
$12k
2024
In today's dollarsEst.
Down 3% in real terms$13k to $13k

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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 The Carol L Merlone Educational Foundation

What are The Carol L Merlone Educational Foundation's revenue and expenses?

In 2024, The Carol L Merlone Educational Foundation reported $461k in total revenue and $780k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.