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Filing year 2024

WILLIAM AND SARAH SPECK TRUST

Detroit, Michigan·EIN 38-6162140·NTEE T00Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$49k
Total assets
$997k
Total expenses
$54k
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 Michigan.

Trustee
Board Member
Median to 75th percentile
$21k
$22k

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 WILLIAM AND SARAH SPECK TRUST equaled 38% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
38%
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

$32k

Itemized grants

2

Median grant

$16k

RecipientLocationPurposeAmount
AMERICAN CANCER SOCIETYHAGERSTOWN, MDSUPPORT FOR DAILY$16k
MERCY PRIMARY CARE CENTERANN ARBOR, MISUPPORT FOR DAILY$16k

Held roughly steady
over 3 years

From $21k in 2021 to $21k in 2024.

$21k
2021
$19k
2022
$19k
2023
$21k
2024
In today's dollarsEst.
Down 15% in real terms$26k to $22k

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 fell 2% from 2021 to 2024, while revenue rose 231%.

$21k in 2021 to $21k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 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 (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 WILLIAM AND SARAH SPECK TRUST

What does the Board Member of WILLIAM AND SARAH SPECK TRUST earn?

In 2024, the Board Member of WILLIAM AND SARAH SPECK TRUST received $20,569 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 WILLIAM AND SARAH SPECK 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 WILLIAM AND SARAH SPECK TRUST falls between the median and the 75th percentile. In 2024, the highest total compensation at WILLIAM AND SARAH SPECK TRUST equaled 38% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are WILLIAM AND SARAH SPECK TRUST's revenue and expenses?

In 2024, WILLIAM AND SARAH SPECK TRUST reported $49k in total revenue and $54k 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.