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Filing year 2024

THE ROBERT M MORAND SCHOLARSHIP FUND

Bloomfield Hills, Michigan·EIN 46-3200516·NTEE B82 · Education·501(c)(3)
Total revenue
$36k
Total assets
$935k
Total expenses
$56k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Secretary/treasurer
Board Treasurer
10th to 25th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE ROBERT M MORAND SCHOLARSHIP FUND equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
3%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education 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

$51k

Itemized grants

3

Median grant

$17k

RecipientLocationPurposeAmount
CRISTO REY HIGH SCHOOLDETROIT, MISCHOLARSHIPS$17k
LOYOLA HIGH SCHOOLDETROIT, MISCHOLARSHIPS$17k
U OF D JESUIT HIGH SCHOOLDETROIT, MISCHOLARSHIPS$17k
Pay for the position

Board Treasurer pay rose 517% from 2023 to 2024, while revenue rose 6%.

$300 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 ROBERT M MORAND SCHOLARSHIP FUND

What does the Board Treasurer of THE ROBERT M MORAND SCHOLARSHIP FUND earn?

In 2024, the Board Treasurer of THE ROBERT M MORAND SCHOLARSHIP FUND received $1,850 in total compensation. This pay is in the bottom quarter for Board Treasurer roles among Education organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Treasurer pay at THE ROBERT M MORAND SCHOLARSHIP FUND compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2024 pay of the Board Treasurer at THE ROBERT M MORAND SCHOLARSHIP FUND falls between the 10th and 25th percentiles. In 2024, the highest total compensation at THE ROBERT M MORAND SCHOLARSHIP FUND equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are THE ROBERT M MORAND SCHOLARSHIP FUND's revenue and expenses?

In 2024, THE ROBERT M MORAND SCHOLARSHIP FUND reported $36k in total revenue and $56k 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.