Executive compensation
Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana.
| Position | Total |
|---|---|
Agent/trustee Unclassified | $163k $175k |
Board Member 25th percentile to median | $5k $5k |
Board Member 25th percentile to median | $5k $5k |
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.
Plus 6 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at 1ST SOURCE FOUNDATION INC XXX-XX-XXXX equaled 7% 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
$2M
Itemized grants
93
Median grant
$10k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Holy Cross College | Notre Dame, IN | SUPPORT | $150k |
| Habitat for Humanity | South Bend, IN | SUPPORT | $150k |
| MARSHALL CO LLN INC | PLYMOUTH, IN | SUPPORT | $125k |
| South Bend Youth Hockey | South Bend, IN | YOUTH SPORTS | $100k |
| Goodwill Ind of Michiana Inc | South Bend, IN | SUPPORT | $100k |
| Michiana Public Broadcasting Corp | South Bend, IN | SUPPORT | $100k |
| Duneland Family YMCA | Chesterton, IN | HEALTHY LIVING CAMPUS | $100k |
| Logan Resource Center | South Bend, IN | SUPPORT | $86k |
| Premier Arts | Elkhart, IN | SUPPORT | $50k |
| South Bend-Elkhart Regional FDN Inc | South Bend, IN | SUPPORT | $50k |
| United Way of St Joseph County | South Bend, IN | SUPPORT | $49k |
| Beacon Health Foundation Inc | South Bend, IN | GENERAL SUPPORT | $45k |
| YWCA North Central Indiana | South Bend, IN | SUPPORT | $40k |
| Project Neighbors | Valparaiso, IN | STUDIO APARTMENT BUILDING | $40k |
| Ethos Inc | Elkhart, IN | SUPPORT | $40k |
| Oaklawn Fdtn for Mental Health Inc | Goshen, IN | MENTAL HEALTH PROGRAM | $35k |
| Erin's House For Grieving Children | Fort Wayne, IN | CHILDREN | $34k |
| Boys & Girls Clubs of the Northern Indiana Corridor | South Bend, IN | SUPPORT | $34k |
| INNOVATION PARK AT NOTRE DAME | SOUTH BEND, IN | SUPPORT | $30k |
| Near Northwest Neighborhood Inc | South Bend, IN | HOMES FOR WORKING CLASS | $25k |
| The Caring Place | Valparaiso, IN | SUPPORT | $25k |
| Habitat for Humanity of Porter County | Valparaiso, IN | SUPPORT | $25k |
| Boys & Girls Club of LaPorte County | Michigan City, IN | SUPPORT | $25k |
| Community Transportation Network Inc | Fort Wayne, IN | SUPPORT | $25k |
| FERNWOOD BOTANICAL GARDEN | NILES, MI | SUPPORT | $25k |
Up 13%
from 2023
From $144k in 2023 to $163k 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 held roughly steady from 2023 to 2024, while revenue rose 32%.
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 ($25M - $50M), 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 1ST SOURCE FOUNDATION INC XXX-XX-XXXX
What does the Board Member of 1ST SOURCE FOUNDATION INC XXX-XX-XXXX earn?
In 2024, the Board Member of 1ST SOURCE FOUNDATION INC XXX-XX-XXXX received $5,000 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at 1ST SOURCE FOUNDATION INC XXX-XX-XXXX compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2024 pay of the Board Member at 1ST SOURCE FOUNDATION INC XXX-XX-XXXX falls between the 25th percentile and the median. In 2024, the highest total compensation at 1ST SOURCE FOUNDATION INC XXX-XX-XXXX equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are 1ST SOURCE FOUNDATION INC XXX-XX-XXXX's revenue and expenses?
In 2024, 1ST SOURCE FOUNDATION INC XXX-XX-XXXX reported $3.9M in total revenue and $2.3M in total expenses on its IRS Form 990.
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 ($25M - $50M), because foundation pay scales with assets under management, not revenue.
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