Skip to main content
Filing year 2024

WALTER E TERHUNE MEMORIAL FUND

Brooklyn, Ohio·EIN 35-2446722·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.7M
Total assets
$9.1M
Total expenses
$834k
Reported officers
1

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 Ohio.

Trustee
Board Member
Above 90th percentile
$81k
$87k

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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at WALTER E TERHUNE MEMORIAL FUND equaled 10% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
10%
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

$689k

Itemized grants

30

Median grant

$16k

RecipientLocationPurposeAmount
TOLEDO ALLIANCE FOR THE PERFORMING ARTSTOLEDO, OHGENERAL OPERATING$110k
TOLEDO MUSEUM OF ARTTOLEDO, OHGENERAL OPERATING$58k
ERIE SHORES COUNCILTOLEDO, OHGENERAL OPERATING$50k
TOLEDO ZOOLOGICAL SOCIETY FOUNDATIONTOLEDO, OHGENERAL OPERATING$50k
GREAT LAKES HISTORICAL SOCIETYTOLEDO, OHGENERAL OPERATING$35k
VALENTINE THEATRETOLEDO, OHGENERAL OPERATING$35k
BOYS AND GIRLS CLUB OF TOLEDOTOLEDO, OHGENERAL OPERATING$35k
TOLEDO AREA HUMANE SOCIETYMAUMEE, OHGENERAL OPERATING$30k
TOLEDO OPERA ASSOCIATIONTOLEDO, OHGENERAL OPERATING$30k
LOCAL INITIATIVES SUPPORT CORPNEW YORK, NYGENERAL OPERATING$30k
GENACROSS LUTHERAN SERVICES FOUNDATIONTOLEDO, OHGENERAL OPERATING$30k
THE ARTS COMMISSIONTOLEDO, OHGENERAL OPERATING$25k
CATHOLIC CHARITIESNEW YORK, NYGENERAL OPERATING$20k
TRINITY EPISCOPAL CHURCHSAUGERTIES, NYGENERAL OPERATING$20k
TOLEDO CLASSIC INCTOLEDO, OHGENERAL OPERATING$16k
WOOD LANE RESIDENTIAL SERVICESBOWLING GREEN, OHGENERAL OPERATING$15k
TEAMFORT MILL, SCGENERAL OPERATING$10k
MAUMEE VALLEY HABITAT FOR HUMANITYMAUMEE, OHGENERAL OPERATING$10k
BLACK SWAMP CONSERVANCYPEMBERVILLE, OHGENERAL OPERATING$10k
UNITED WAY OF GREATER TOLEDOTOLEDO, OHGENERAL OPERATING$10k
YMCAWASHINGTON, DCGENERAL OPERATING$10k
TOLEDO SYMPHONYTOLEDO, OHGENERAL OPERATING$10k
IMAGINATION STATIONSTRATFORD, TXGENERAL OPERATING$10k
STRANAHAN ELEMENTARY PTATOLEDO, OHGENERAL OPERATING$5k
RUTHERFORD B HAYES PRESIDENTIAL CENTERFREMONT, OHGENERAL OPERATING$5k
Compare this foundation's grantees

Up 15%
from 2023

From $70k in 2023 to $81k in 2024.

$70k
2023
$81k
2024
In today's dollarsEst.
Up 12% in real terms$78k to $87k

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.

Pay for the position

Board Member pay rose 15% from 2023 to 2024, while revenue fell 35%.

$70k in 2023 to $81k 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 WALTER E TERHUNE MEMORIAL FUND

What does the Board Member of WALTER E TERHUNE MEMORIAL FUND earn?

In 2024, the Board Member of WALTER E TERHUNE MEMORIAL FUND received $81,028 in total compensation. This pay is in the top 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Ohio: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at WALTER E TERHUNE MEMORIAL FUND compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Ohio, the 2024 pay of the Board Member at WALTER E TERHUNE MEMORIAL FUND falls in the top 10%. In 2024, the highest total compensation at WALTER E TERHUNE MEMORIAL FUND equaled 10% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are WALTER E TERHUNE MEMORIAL FUND's revenue and expenses?

In 2024, WALTER E TERHUNE MEMORIAL FUND reported $1.7M in total revenue and $834k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.