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Filing year 2024

THE COVE CHARITABLE TRUST

Pittsburgh, Pennsylvania·EIN 04-6118955·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$172k
Total assets
$4.8M
Total expenses
$313k
Reported officers
1

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 Pennsylvania.

Trustee
Board Member
Above 90th percentile
$57k
$62k

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 THE COVE CHARITABLE TRUST equaled 18% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
18%
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

$250k

Itemized grants

16

Median grant

$11k

RecipientLocationPurposeAmount
BRIDGE CLUB OF GREATER LOWELLLOWELL, MAGENERAL OPERATING$81k
YMCAWASHINGTON, DCGENERAL OPERATING$21k
ST GABRIELS CHURCHMARION, MAGENERAL OPERATING$20k
MT ANTHONY UNION HSBENNINGTON, VTGENERAL OPERATING$17k
SIPPICAN LANDS TRUST INCMARION, MAGENERAL OPERATING$15k
MT DESERT ISLAND BIOLOGICAL LABORATORYBAR HARBOR, MEGENERAL OPERATING$12k
NICA NADADORES INCCOOPERSBURG, PAGENERAL OPERATING$12k
ISLAND HOUSING TRUSTMOUNT DESERT, MEGENERAL OPERATING$11k
BUZZARDS BAY COALITION INCNEW BEDFORD, MAGENERAL OPERATING$10k
HABITAT FOR HUMANITYALBUQUERQUE, NMGENERAL OPERATING$10k
ST JOHNS BREAD AND LIFEBROOKLYN, NYGENERAL OPERATING$8k
HUNGER FREE AMERICANEW YORK, NYGENERAL OPERATING$8k
FOOD FOR FREECAMBRIDGE, MAGENERAL OPERATING$8k
NICAPHOTONORWALK, CTGENERAL OPERATING$7k
MARION ARTS CENTERMARION, MAGENERAL OPERATING$5k
SWIM STRONG FOUNDATIONEAST ELMHURST, NYGENERAL OPERATING$5k
Compare this foundation's grantees

Up 5%
from 2023

From $55k in 2023 to $57k in 2024.

$55k
2023
$57k
2024
In today's dollarsEst.
Up 2% in real terms$61k to $62k

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.

Pay for the position

Board Member pay rose 5% from 2023 to 2024, while revenue fell 32%.

$55k in 2023 to $57k in 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 ($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 COVE CHARITABLE TRUST

What does the Board Member of THE COVE CHARITABLE TRUST earn?

In 2024, the Board Member of THE COVE CHARITABLE TRUST received $57,259 in total compensation. This pay is in the top 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Pennsylvania: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at THE COVE CHARITABLE TRUST compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Pennsylvania, the 2024 pay of the Board Member at THE COVE CHARITABLE TRUST falls in the top 10%. In 2024, the highest total compensation at THE COVE CHARITABLE TRUST equaled 18% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE COVE CHARITABLE TRUST's revenue and expenses?

In 2024, THE COVE CHARITABLE TRUST reported $172k in total revenue and $313k 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.