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Filing year 2024

The Fain Foundation

Wichita Falls, Texas·EIN 75-6016679·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$1.9M
Total assets
$7.7M
Total expenses
$2.5M
Reported officers
5

Executive compensation

Form 990-PF · Part VIII · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas.

President, Treasurer & Director
Board President
25th percentile to median
$24k
$25k
Vice-president, Sec. & Director
Executive Vice President
10th to 25th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$24k
$25k
Director
Unclassified
$24k
$25k
Director
Unclassified
$24k
$25k
Director
Unclassified
$24k
$25k

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 Fain Foundation equaled 1.0% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
1.0%
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

$2.2M

Itemized grants

83

Median grant

$10k

RecipientLocationPurposeAmount
YMCAWichita Falls, TXMcCoy Aquatics Center$333k
Hospice of Wichita Falls IncWichita Falls, TXCapital Project$250k
River Bend Nature CenterWichita Falls, TXRepairs$250k
Presbyterian ManorWichita Falls, TXCapital Campaign Remodel$200k
United Regional FoundationWichita Falls, TXCT Machine$125k
Wichita Falls Area Community FoundationWichita Falls, TXEndowment$83k
Archer County Museum & Art CenterArcher City, TXMuseum Restoration$50k
Art's Council Wichita Falls Area Kemp Center for the ArtsWichita Falls, TXSculpture Garden$50k
Camp Fire North TexasWichita Falls, TXOperating Budget$50k
Community Healthcare CenterWichita Falls, TXClinical Support Facility$50k
Midwestern State UniversityWichita Falls, TXMilitary Scholarships$50k
Camp Fire North TexasWichita Falls, TXSummer Day Camp$25k
Clay County Historical SocietyHenrietta, TXRepairs on Museum$25k
Peyton's ProjectWichita Falls, TXSpurs & Pearls Fundraiser$25k
Smart Athletics - Titus OutreachWichita Falls, TXOperating Budget$25k
Wichita Falls Area Food BankWichita Falls, TXPower Paks 4 Kids$25k
Big Brothers Big SistersIrving, TXDancing For the Stars$20k
Christ Counseling MinistryWichita Falls, TXOperating Budget$20k
Hands to Hands Community FundWichita Falls, TXCommunity Fund$20k
PETS ClinicWichita Falls, TXOperating Budget$20k
Rathgeber Hospitality HouseWichita Falls, TXOperating Budget$20k
Senior Citizens of Wichita FallsWichita Falls, TXComputers$20k
United Regional FoundationWichita Falls, TXHeart of the Community$20k
United Regional FoundationWichita Falls, TXParty on the Green$20k
Midwestern State UniversityWichita Falls, TXWF Museum & Art Center$18k
Compare this foundation's grantees

Held steady
from 2023

From $24k in 2023 to $24k in 2024.

$24k
2023
$24k
2024
In today's dollarsEst.
Down 3% in real terms$26k to $25k

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

Executive Vice President pay held roughly steady from 2023 to 2024, while revenue rose 15%.

$24k in 2023 to $24k in 2024.
  • Board President pay held roughly steady 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 ($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 Fain Foundation

What does the Board President of The Fain Foundation earn?

In 2024, the Board President of The Fain Foundation received $24,000 in total compensation. This pay is below the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board President pay at The Fain 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 Fain Foundation falls between the 25th percentile and the median. In 2024, the highest total compensation at The Fain Foundation equaled 1.0% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are The Fain Foundation's revenue and expenses?

In 2024, The Fain Foundation reported $1.9M in total revenue and $2.5M 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.