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Filing year 2024

THE GRIFFIS FOUNDATION INC

Lyme, Connecticut·EIN 13-5678764·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$68k
Total assets
$1.2M
Total expenses
$78k
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2024

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

Secretary/treasurer
Board Treasurer
25th percentile to median
$6k
$6k
President
Board President
10th to 25th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Connecticut
$6k
$6k
Director
Unclassified
$6k
$6k
Vice President
Board Vice President
10th to 25th percentile
$6k
$6k

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 GRIFFIS FOUNDATION INC equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
8%
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

$6k

Itemized grants

3

Median grant

$1k

RecipientLocationPurposeAmount
EASTERN CT BALLETEAST LYME, CTEDUCATION AND GENERAL CHARITABLE PURPOSE$4k
MYSTIC AQUARIUMMYSTIC, CTEDUCATION AND GENERAL CHARITABLE PURPOSE$1k
TERRI BRODEUR BREAST CANCER FOUNDATIONNEW LONDON, CTEDUCATION AND GENERAL CHARITABLE PURPOSE$750
Pay for the position

Board President pay held roughly steady from 2023 to 2024, while revenue rose 29%.

$6k in 2023 to $6k in 2024.
  • Board Treasurer pay held roughly steady from 2023 to 2024.
  • Board Vice 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.

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 GRIFFIS FOUNDATION INC

What does the Board Treasurer of THE GRIFFIS FOUNDATION INC earn?

In 2024, the Board Treasurer of THE GRIFFIS FOUNDATION INC received $6,000 in total compensation. This pay is below the median (the midpoint) for Board Treasurer roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Treasurer pay at THE GRIFFIS FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board Treasurer at THE GRIFFIS FOUNDATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at THE GRIFFIS FOUNDATION INC equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE GRIFFIS FOUNDATION INC's revenue and expenses?

In 2024, THE GRIFFIS FOUNDATION INC reported $68k in total revenue and $78k 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.