Skip to main content
Filing year 2024

WILLIAM R LATHERS CHARITABLE TRUST

Mears, Michigan·EIN 26-6337639·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations

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

Total revenue
$122k
Total assets
$1.4M
Total expenses
$124k
Reported officers
2

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · 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
$10k
$11k
Trustee
Board Member
Median to 75th percentile
$10k
$11k

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 R LATHERS CHARITABLE TRUST equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
8%
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

$89k

Itemized grants

23

Median grant

$3k

RecipientLocationPurposeAmount
MARY FREE BED REHAB HOSPITALGRAND RAPIDS, MIGENERAL$10k
ROGEL CANCER CENTER U OF M MICHIGAN MEDICINEANN ARBOR, MIPATIENT MELANOMA FUND$10k
FEEDING AMERICACOMSTOCK PARK, MIGENERAL$6k
ALZHEIMERS ASSOCIATION MICHIGAN GT LAKES CHAPTEROKEMOS, MIGENERAL$5k
LADDER COMMUNITY CENTERSHELBY, MIGENERAL$5k
MOMENTUM CENTER BUILDING RENOVATIONGRAND HAVEN, MIGENERAL$5k
MUSKEGON CIVIC THEATER PENGUING PROJECT-CHALLENGED CHILDRENMUSKEGON, MIGENERAL$5k
OCEANA MASON COUNTY INMATE & FAMILY MINISTRIESHART, MIGENERAL$5k
HARBOR HOSPICE FOUNDATIONMUSKEGON, MIGENERAL$4k
OCEANA CNTY HISTORICAL & GENEALOGY PAINTING HEADQUARTERS HOUSEHART, MIGENERAL$4k
THE PLAYHOUSE AT WHITE LAKEWHITEHALL, MIGENERAL$4k
COMMUNITY FOUND OF MASON COUNTY LAKESHORE FOOD FOR KIDSLUDINGTON, MILAKESHORE FOOD FOR KIDS$3k
DE'GAGE MINISTRIESGRAND RAPIDS, MIGENERAL$3k
HOUSEHOLD HAZARDOUS WASTE MASON LAKE CONSERVATION DIST HAZARDOUS WASTE PROGSCOTTVILLE, MIGENERAL$3k
LEADER DOGS FOR THE BLINDROCHESTER HILLS, MIGENERAL$3k
LUDINGTON SCHOOLS RESOURCE CENTERLUDINGTON, MIGENERAL$3k
PAWS FOR A CAUSEWAYLAND, MIGENERAL$3k
WELL HOUSEGRAND RAPIDS, MIGENERAL$3k
ARKLIGHT MINISTRIES MASON & OCEANA CNTY INMATE & FAMILIESHART, MIGENERAL$2k
AMERICAN CANCER SOCIETYATLANTA, GAGENERAL$1k
OCEANA COUNTY ANIMAL SHELTERSHELBY, MIGENERAL$1k
TUNNEL OF TOWERS FOUNDATIONSTATEN ISLAND, NYGENERAL$500
SHELBY PUBLIC SCHOOLS BAND DEPARTMENTSHELBY, MIGENERAL$460
Compare this foundation's grantees

Held roughly steady
over 3 years

From $10k in 2021 to $10k in 2024.

$10k
2021
$10k
2023
$10k
2024
In today's dollarsEst.
Down 13% in real terms$12k to $11k

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 held roughly steady from 2021 to 2024, while revenue fell 19%.

$10k in 2021 to $10k 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 ($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 WILLIAM R LATHERS CHARITABLE TRUST

What does the Board Member of WILLIAM R LATHERS CHARITABLE TRUST earn?

In 2024, the Board Member of WILLIAM R LATHERS CHARITABLE TRUST received $10,000 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 R LATHERS CHARITABLE 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 R LATHERS CHARITABLE TRUST falls between the median and the 75th percentile. In 2024, the highest total compensation at WILLIAM R LATHERS CHARITABLE TRUST equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are WILLIAM R LATHERS CHARITABLE TRUST's revenue and expenses?

In 2024, WILLIAM R LATHERS CHARITABLE TRUST reported $122k in total revenue and $124k 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.