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Filing year 2024

THE LEGETT FOUNDATION

Abilene, Texas·EIN 75-2696419·NTEE T50Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$24M
Total assets
$111.6M
Total expenses
$15.7M
Reported officers
9

Executive compensation

Form 990-PF · Part VIII · 9 reported individuals · Filing year 2024

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

Dir/ceo/president
Board President
Median to 75th percentile
$85k
$90k
Sr Vice Pres/operations Officer
Unclassified
$80k
$85k
Sr Vice Pres - Investments
Unclassified
$79k
$84k
Executive Vice President/director
Board President
Median to 75th percentile
$78k
$83k
Director
Unclassified
$49k
$52k
Vice Pres/treasurer/cfo
Board Treasurer
Median to 75th percentile
$48k
$51k
Asst Vice Pres/sec/grants Ofc
Unclassified
$39k
$42k
Asst Vice Pres/property Administrator
Unclassified
$31k
$33k
Director/grants Officer
Unclassified
$26k
$28k

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 LEGETT FOUNDATION equaled 0.5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.5%
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

$12.6M

Itemized grants

136

Median grant

$10k

RecipientLocationPurposeAmount
COMMUNITY FOUNDATION OF ABILENEABILENE, TXTO SUPPORT ABILENE HERITAGE SQUARE PROJECT$2.5M
AMARILLO AREA FOUNDATIONABILENE, TXPANHANDLE GIVES AMPLIFICATION FUND$2.1M
WEST TEXAS REHABILITATION CENTER FOUNDATIONABILENE, TXCAPITAL PROJECT$1.7M
HARDIN-SIMMONS UNIVERSITYABILENE, TXSCHOOL OF NURSING$1M
M D ANDERSON CANCER CENTERABILENE, TXNK CELL THERAPY MELANOMA RESEARCH$1M
HENDRICK MEDICAL CENTER FOUNDATIONABILENE, TXA FOUNDATION FOR THE FUTURE$600k
TEXAS CHRISTIAN UNIVERSITYABILENE, TXMEDICAL SCHOOL ENDOWMENT$449k
TEXAS TECH FOUNDATIONABILENE, TXDISTINGUISHED ALUMNI EVENT$310k
ABILENE RESTORATION MINISTRIESABILENE, TXDORMITORY PROJECT$250k
ABILENE IMPROVEMENT CORPORATIONABILENE, TXDOWNTOWN ABILENE HOTEL PROJECT$238k
UNITED WAY OF ABILENEABILENE, TXWINTER LIGHT FEST$185k
ABILENE ARTS ALLIANCEABILENE, TXSTORYBOOK GARDEN EXPANSION$150k
BCFS HEALTH AND HUMAN SERVICESABILENE, TXOPERATING SUPPORT FOR OUR HOUSE$150k
THE GLOBAL ORPHAN PROJECTABILENE, TXCARE PORTAL PROGRAM IN TAYLOR COUNTY$150k
ANGELO STATE UNIVERSITY FOUNDATIONABILENE, TXCYBERSPACE AND AI CENTER OF EXCELLENCE$125k
COMMUNIO FOUNDATIONABILENE, TXNATIONAL STRATEGY TO SAVE THE FAMILY$100k
HEAL THE CITY FREE CLINICABILENE, TXOPERATIONS$100k
GARY SINISE FOUNDATIONABILENE, TXOPERATIONS$50k
SAMARITAN'S PURSEABILENE, TXHURRICANE HELENE DISASTER RESPONSE$50k
UNITED STATES GOLF ASSOCIATIONABILENE, TXUS NATIONAL DEVELOPMENT PROGRAM$50k
SALVATION ARMYABILENE, TXCAPITAL PROJECT AND OPERATIONS$42k
AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCHABILENE, TXOPERATIONS$35k
PRAGER UNIVERSITY FOUNDATIONABILENE, TXOPERATIONS$33k
COMMUNITY FOUNDATION OF ABILENEABILENE, TXWEST TEXAS HOMELESS NETWORK$32k
AMARILLO SYMPHONYABILENE, TXKINDER C+H64ONCERTS$30k
Compare this foundation's grantees

Down 2%
from 2023

From $87k in 2023 to $85k in 2024.

$87k
2023
$85k
2024
In today's dollarsEst.
Down 5% in real terms$95k to $90k

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

Board President pay fell 2% from 2023 to 2024, while revenue fell 1%.

$87k in 2023 to $85k in 2024.
  • Board Treasurer pay rose 52% 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 ($50M - $150M), 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 LEGETT FOUNDATION

What does the Board President of THE LEGETT FOUNDATION earn?

In 2024, the Board President of THE LEGETT FOUNDATION received $85,313 in total compensation. This pay is above the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board President pay at THE LEGETT 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 LEGETT FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at THE LEGETT FOUNDATION equaled 0.5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE LEGETT FOUNDATION's revenue and expenses?

In 2024, THE LEGETT FOUNDATION reported $24M in total revenue and $15.7M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.