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Filing year 2024

THE MEREDITH FOUNDATION

Albuquerque, New Mexico·EIN 52-1632847·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.2M
Total assets
$8.7M
Total expenses
$502k
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.

Trustee
Board Member
Median to 75th percentile
$25k
$27k
Trustee
Board Member
25th percentile to median
$10k
$11k
Trustee
Board Member
25th percentile to median
$10k
$11k
Trustee
Board Member
25th percentile to median
$10k
$11k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE MEREDITH FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
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

$405k

Itemized grants

17

Median grant

$20k

RecipientLocationPurposeAmount
University of Illinois FoundationUrbana, ILUnrestricted$60k
New Mexico PhilharmonicAlbuquerque, NMUnrestricted$40k
WETAArlington, VAUnrestricted$40k
New Mexico Symphonic ChorusAlbuquerque, NMUnrestricted$35k
John F Kennedy Center for the Performing ArtsWashington, DCUnrestricted$30k
Peoria Symphony OrchestraPeroia, ILUnrestricted$30k
Vocal Artistry Art Song FestivalAlbuquerque, NMUnrestricted$30k
Signature TheaterArlington, VAUnrestricted$25k
Cathedral Choral SocietyWashington, DCUnrestricted$20k
KHFMAlbuquerque, NMUnrestricted$20k
Champaign-Urbana Symphony OrchestraChampaign, ILUnrestricted$15k
Children's ChorusWashington, DCUnrestricted$15k
The Washington ChorusWashington, DCUnrestricted$15k
Albuquerque Youth Symphony ProgramAlbuquerque, NMUnrestricted$10k
The Reston ChoraleReston, VAUnrestricted$10k
New Dominion ChoraliersWoodbridge, VAUnrestricted$5k
BelvedereRichmond, VAUnrestricted$5k
Compare this foundation's grantees

Held steady
from 2023

From $25k in 2023 to $25k in 2024.

$25k
2023
$25k
2024
In today's dollarsEst.
Down 3% in real terms$27k to $27k

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

Board Member pay held roughly steady from 2023 to 2024, while revenue rose 7%.

$25k in 2023 to $25k in 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 MEREDITH FOUNDATION

What does the Board Member of THE MEREDITH FOUNDATION earn?

In 2024, the Board Member of THE MEREDITH FOUNDATION received $25,000 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at THE MEREDITH FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board Member at THE MEREDITH FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at THE MEREDITH FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE MEREDITH FOUNDATION's revenue and expenses?

In 2024, THE MEREDITH FOUNDATION reported $1.2M in total revenue and $502k 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.