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Filing year 2024

THE RAYMOND E AND BETTYE C REID FOUNDATION

Amarillo, Texas·EIN 71-0933431·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$11k
Total assets
$245k
Total expenses
$23k
Reported officers
4

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 in Texas.

Treasurer & Director
Unclassified
$2k
$2k
President & Director
Board President
Below 10th percentile
$2k
$2k
Secretary & Director
Unclassified
$2k
$2k

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.

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE RAYMOND E AND BETTYE C REID FOUNDATION equaled 9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
9%
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

$14k

Itemized grants

8

Median grant

$2k

RecipientLocationPurposeAmount
DISABLED AMERICAN VETERANSCINCINNATI, OHGENERAL OPERATIONS$4k
SOLDIERS ANGELSPASADENA, CAGENERAL OPERATIONS$3k
NCCCF DISASTER RELIEF FUNDRALEIGH, NCGENERAL OPERATIONS$2k
ST MATTHEWS EPISCOPALPAMPA, TXGENERAL OPERATIONS$2k
HONOR FLIGHT - AMERICA SUPPORTS YOU - TEXASAMARILLO, TXGENERAL OPERATIONS$1k
HILLSDALE COLLEGEHILLSDALE, MIGENERAL OPERATIONS$1k
PARALYZED VETERANS OF AMERICANW WASHINGTON, DCGENERAL OPERATIONS$800
DCH FOUNDATIONTUSCALOOSA, ALGENERAL OPERATIONS$300
Compare this foundation's grantees
Pay for the position

Board President pay rose 100% from 2023 to 2024, while revenue fell 39%.

$1k in 2023 to $2k in 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 (Under $1M), 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 RAYMOND E AND BETTYE C REID FOUNDATION

What does the Board President of THE RAYMOND E AND BETTYE C REID FOUNDATION earn?

In 2024, the Board President of THE RAYMOND E AND BETTYE C REID FOUNDATION received $2,000 in total compensation. This pay is in the bottom 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board President pay at THE RAYMOND E AND BETTYE C REID 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 RAYMOND E AND BETTYE C REID FOUNDATION falls in the bottom 10%. In 2024, the highest total compensation at THE RAYMOND E AND BETTYE C REID FOUNDATION equaled 9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE RAYMOND E AND BETTYE C REID FOUNDATION's revenue and expenses?

In 2024, THE RAYMOND E AND BETTYE C REID FOUNDATION reported $11k in total revenue and $23k in total expenses on its IRS Form 990.

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