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Filing year 2024

The Mel and Grace McLean Foundation

Fortuna, California·EIN 68-0400603·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$2.9M
Total assets
$33.5M
Total expenses
$1.9M
Reported officers
6

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 in California.

President & CEO
25th percentile to median
$67k
$71k
Chairman
Board Chair
Below 10th percentile
$1k
$1k
At Large
Unclassified
$763
$812
CFO
Below 10th percentile
$623
$663

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 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 Mel and Grace McLean Foundation equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
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

$1.1M

Itemized grants

1

Median grant

$1.1M

RecipientLocationPurposeAmount
SEE ATTACHED SCHEDULEFortuna, CAThe Melvin F and Grace McLean Foundation honors the memory of Mel and Grace through proactive grant making to enhance the quality of life for the people of Humboldt County. the Foundation supports projects and organizations that benefit children, youth, the elderly and those in need. This mission is accomplished through partnerships, collaborations and supporting our local nonprofit sector.$1.1M

Held steady
from 2023

From $67k in 2023 to $67k in 2024.

$67k
2023
$67k
2024
In today's dollarsEst.
Down 3% in real terms$74k to $71k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay held roughly steady from 2023 to 2024, while revenue rose 173%.

$67k in 2023 to $67k in 2024.
  • Board Chair pay rose 68% from 2023 to 2024.
  • Chief Financial Officer pay fell 32% 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 ($25M - $50M), 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 Mel and Grace McLean Foundation

What does the Chief Executive Officer of The Mel and Grace McLean Foundation earn?

In 2024, the Chief Executive Officer of The Mel and Grace McLean Foundation received $67,067 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in California, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at The Mel and Grace McLean Foundation compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in California, the 2024 pay of the Chief Executive Officer at The Mel and Grace McLean Foundation falls between the 25th percentile and the median. In 2024, the highest total compensation at The Mel and Grace McLean Foundation equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are The Mel and Grace McLean Foundation's revenue and expenses?

In 2024, The Mel and Grace McLean Foundation reported $2.9M in total revenue and $1.9M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.