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Filing year 2023

WALTER J & ADA KRAEGER MEMORIAL SCHOLARSHIP

New Orleans, Louisiana·EIN 76-0504933·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$22k
Total assets
$0
Total expenses
$226k
Reported officers
1

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Louisiana.

Trustee
Board Member
10th to 25th percentile
$7k
$8k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WALTER J & ADA KRAEGER MEMORIAL SCHOLARSHIP equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
3%
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 2023 Form 990-PF, Part XV.

Total granted

$215k

Itemized grants

5

Median grant

$1k

RecipientLocationPurposeAmount
LAMAR UNIVERSITY FOUNDATIONBEAUMONT, TXSCHOLARSHIPS$212k
LAMAR UNIVERSITY- MODESTO MORENOBEAUMONT, TXSCHOLARSHIPS$1k
LAMAR UNIVERSITY- BETHANY STORMSBEAUMONT, TXSCHOLARSHIPS$1k
LAMAR UNIVERSITY- CORA PITTSBEAUMONT, TXSCHOLARSHIPS$500
LAMAR UNIVERSITY- KINDRED NGUYENBEAUMONT, TXSCHOLARSHIP$500

This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Louisiana

Comparable philanthropy, voluntarism & grantmaking organizations in Louisiana pay their highest-earning executive a median of $43,200.

25th percentile
$10k
Median
$43,200
75th percentile
$110k
90th percentile
$204k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 183 organizations across 183 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Louisiana
FAQ

Common questions about WALTER J & ADA KRAEGER MEMORIAL SCHOLARSHIP

What does the Board Member of WALTER J & ADA KRAEGER MEMORIAL SCHOLARSHIP earn?

In 2023, the Board Member of WALTER J & ADA KRAEGER MEMORIAL SCHOLARSHIP received $7,125 in total compensation. This pay is in the bottom quarter for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Louisiana, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at WALTER J & ADA KRAEGER MEMORIAL SCHOLARSHIP compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Louisiana, the 2023 pay of the Board Member at WALTER J & ADA KRAEGER MEMORIAL SCHOLARSHIP falls between the 10th and 25th percentiles. In 2023, the highest total compensation at WALTER J & ADA KRAEGER MEMORIAL SCHOLARSHIP equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are WALTER J & ADA KRAEGER MEMORIAL SCHOLARSHIP's revenue and expenses?

In 2023, WALTER J & ADA KRAEGER MEMORIAL SCHOLARSHIP reported $22k in total revenue and $226k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.