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Filing year 2024

THE TROY SAVINGS BANK CHARITABLE FO

Troy, New York·EIN 14-1813865·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$723k
Total assets
$11.8M
Total expenses
$945k
Reported officers
8

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 Philanthropy, Voluntarism & Grantmaking organizations in New York.

Executive Di
Median to 75th percentile
$139k
$150k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 7 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 TROY SAVINGS BANK CHARITABLE FO equaled 15% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
15%
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

$662k

Itemized grants

51

Median grant

$5k

RecipientLocationPurposeAmount
TSB MUSIC HALL CORPORATIONTROY, NYPROGRAM SUPPORT$268k
TROY SAVINGS BANK MUSIC HALL FOUNDATIONTROY, NYPROGRAM SUPPORT$59k
COMMISSION ON ECONOMIC OPPORTUNITYTROY, NYPROGRAM SUPPORT$38k
ARTS CENTER OF THE CAPITAL REGIONTROY, NYPROGRAM SUPPORT$35k
AMERICAN RED CROSSALBANY, NYPROGRAM SUPPORT$28k
FRIEND OF THE TROY PUBLIC LIBRARYTROY, NYPROGRAM SUPPORT$20k
INTERFAITH PARTNERSHIP FOR THE HOMELESSALBANY, NYPROGRAM SUPPORT$16k
OAKWOOD COMMUNITY CENTER INCTROY, NYPROGRAM SUPPORT$15k
WIZARD'S WARDROBEALBANY, NYPROGRAM SUPPORT$14k
BOYS & GIRLS CLUBS OF THE CAPITAL AREAALBANY, NYPROGRAM SUPPORT$10k
DOWNTOWN TROY BIDTROY, NYPROGRAM SUPPORT$10k
GIRLS INC OF THE GREATER CAPITAL REGIONALBANY, NYPROGRAM SUPPORT$10k
LITERACY VOLUNTEERS OF RENSSELAER COUNTYTROY, NYPROGRAM SUPPORT$10k
MOM STARTS HERETROY, NYPROGRAM SUPPORT$10k
REGIONAL FOOD BANK OF NENYLATHAM, NYPROGRAM SUPPORT$10k
CHRISTIAN BROTHERS ACADEMYALBANY, NYPROGRAM SUPPORT$8k
ARK INCTROY, NYPROGRAM SUPPORT$8k
TRIP INCTROY, NYPROGRAM SUPPORT$8k
EAST SIDE NEIGHBORHOOD REC CTRTROY, NYPROGRAM SUPPORT$7k
SUNHEE'S COMMUNITY PLACE INCTROY, NYPROGRAM SUPPORT$7k
FIFTH AVENUE AME ZION CHURCHTROY, NYPROGRAM SUPPORT$6k
HART CLUETT MUSEUM RENS CO HIST SOCTROY, NYPROGRAM SUPPORT$6k
518 ELEVATEDALBANY, NYPROGRAM SUPPORT$5k
CAPITAL DISTRICT RECOVERY CENTERALBANY, NYPROGRAM SUPPORT$5k
NY FUNDERS ALLIANCESYRACUSE, NYPROGRAM SUPPORT$5k
Compare this foundation's grantees

Up 6%
from 2023

From $131k in 2023 to $139k in 2024.

$131k
2023
$139k
2024
In today's dollarsEst.
Up 2% in real terms$147k to $150k

Estimated with BLS CPI-U for the Northeast 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 rose 6% from 2023 to 2024, while revenue rose 113%.

$131k in 2023 to $139k 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 ($10M - $25M), 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 TROY SAVINGS BANK CHARITABLE FO

What does the Chief Executive Officer of THE TROY SAVINGS BANK CHARITABLE FO earn?

In 2024, the Chief Executive Officer of THE TROY SAVINGS BANK CHARITABLE FO received $138,690 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE TROY SAVINGS BANK CHARITABLE FO compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2024 pay of the Chief Executive Officer at THE TROY SAVINGS BANK CHARITABLE FO falls between the median and the 75th percentile. In 2024, the highest total compensation at THE TROY SAVINGS BANK CHARITABLE FO equaled 15% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE TROY SAVINGS BANK CHARITABLE FO's revenue and expenses?

In 2024, THE TROY SAVINGS BANK CHARITABLE FO reported $723k in total revenue and $945k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.