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Filing year 2024

THE FB HERON FOUNDATION

New Haven, Connecticut·EIN 13-3647019·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$15.3M
Total assets
$349.3M
Total expenses
$19.8M
Reported officers
9

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

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

Secretary
Board Secretary
Above 90th percentile
$219k
$236k
Treasurer
Board Treasurer
Above 90th percentile
$157k
$169k
Former Treasuer
Unclassified
$18k
$19k

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.

Plus 6 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE FB HERON FOUNDATION equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
1%
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

$14.8M

Itemized grants

77

Median grant

$3k

RecipientLocationPurposeAmount
Federation of Appalachian Housing Enterprises IncBerea, KYProject-Based$10M
Communities Unlimited IncFayetteville, ARProject-Based$3.8M
Communities Unlimited IncFayetteville, ARGeneral Support$200k
Federation of Appalachian Housing Enterprises IncBerea, KYPass-Through$200k
Federation of Appalachian Housing Enterprises IncBerea, KYGeneral Support$200k
The Lincoln Institute of Land PolicyCambridge, MAProject-Based$75k
Mission Investors ExchangeNew York, NYMem/Sub/Spon$60k
The Nonprofit Information Networking Association dba The Nonprofit QuarterlBoston, MAGeneral Support$25k
Appalachian African-American Cultural CenterPennington Gap, VAGeneral Support$20k
Appalachian African-American Cultural CenterPennington Gap, VAGeneral Support$20k
Schumacher Center for a New EconomicsGreat Barrington, MAGeneral Support$20k
The Haitian Project IncProvidence, RIGeneral Support$15k
Alabama State University Foundation IncMontgomery, ALGeneral Support$10k
Black Belt Community Foundation IncSelma, ALGeneral Support$10k
Central Vermont Refugee Action Network IncMontpelier, VTGeneral Support$10k
Diakonos Solutions CorporationPonte Vedra, FLGeneral Support$10k
Federation of Southern Cooperatives Land Assistance FundAtlanta, GAGeneral Support$10k
Hands In Outreach IncSheffield, MAGeneral Support$10k
Island Housing TrustMount Desert, MEGeneral Support$10k
Maine Seacoast MissionNortheast Harbor, MEGeneral Support$10k
Tuskegee UniversityTuskegee, ALGeneral Support$10k
Keweenaw Community FoundationHancock, MIGeneral Support$6k
Anai IncFranklin, NCGeneral Support$5k
Black Belt Community Foundation IncSelma, ALGeneral Support$5k
Community Funds IncNew York, NYGeneral Support$5k
Compare this foundation's grantees

Fell 42%
over 2 years

From $377k in 2022 to $219k in 2024.

$377k
2022
$196k
2023
$219k
2024
In today's dollarsEst.
Down 46% in real terms$436k to $236k

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 President pay fell 59% from 2022 to 2023, while revenue fell 75%.

$377k in 2022 to $153k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 ($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 FB HERON FOUNDATION

What does the Board Secretary of THE FB HERON FOUNDATION earn?

In 2024, the Board Secretary of THE FB HERON FOUNDATION received $218,667 in total compensation. This pay is in the top 10% for Board Secretary roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Secretary pay at THE FB HERON FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board Secretary at THE FB HERON FOUNDATION falls in the top 10%. In 2024, the highest total compensation at THE FB HERON FOUNDATION equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE FB HERON FOUNDATION's revenue and expenses?

In 2024, THE FB HERON FOUNDATION reported $15.3M in total revenue and $19.8M in total expenses on its IRS Form 990.

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