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 Michigan.
| Position | Total |
|---|---|
Trustee Board Member Median to 75th percentile | $11k $12k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at VELMA M FRENCH TRUST equaled 15% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
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
$64k
Itemized grants
2
Median grant
$32k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| AMERICAN HEART ASSOCIATION | SAINT PETERSBURG, FL | GENERAL FINANCIAL SUPPORT | $32k |
| AMERICAN CANCER SOCIETY | OKLAHOMA CITY, OK | GENERAL FINANCIAL SUPPORT | $32k |
Up 12%
from 2023
From $10k in 2023 to $11k in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board Member pay rose 12% from 2023 to 2024, while revenue fell 65%.
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.
Common questions about VELMA M FRENCH TRUST
What does the Board Member of VELMA M FRENCH TRUST earn?
In 2024, the Board Member of VELMA M FRENCH TRUST received $11,313 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Michigan, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at VELMA M FRENCH TRUST compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan, the 2024 pay of the Board Member at VELMA M FRENCH TRUST falls between the median and the 75th percentile. In 2024, the highest total compensation at VELMA M FRENCH TRUST equaled 15% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are VELMA M FRENCH TRUST's revenue and expenses?
In 2024, VELMA M FRENCH TRUST reported $31k in total revenue and $76k 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.
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