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Filing year 2023

AIM HIGHER FOUNDATION

St Paul, Minnesota·EIN 46-3935682·NTEE X12 · Religion-Related·501(c)(3)
Total revenue
$2.3M
Total assets
$5.5M
Total expenses
$3.3M
Reported officers
15
Mission

THE AIM HIGHER FOUNDATION (AHF) PROVIDES SCHOLARSHIPS TO STUDENTS FROM FAMILIES WITH DEMONSTRATED FINANCIAL NEED WHO SEEK A CATHOLIC EDUCATION FOR THEIR CHILDREN

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Religion-Related organizations in Minnesota.

President
Above 90th percentile
$172k
$188k
Base
$169k
Bonus
Other
Benefits
$3k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Browse compensation in Religion-Related

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at AIM HIGHER FOUNDATION equaled 5% of the organization's total expenses. The median for religion-related organizations is 18%.

This organization (2023)
5%
Sector median
18%
Middle half of sector
8% to 34%

Based on 11,129 religion-related organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 25%
from 2022

From $138k in 2022 to $172k in 2023.

$138k
2022
$172k
2023
In today's dollarsEst.
Up 21% in real terms$155k to $188k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 25% from 2022 to 2023, while revenue rose 10%.

$138k in 2022 to $172k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about AIM HIGHER FOUNDATION

What does the Chief Executive Officer of AIM HIGHER FOUNDATION earn?

In 2023, the Chief Executive Officer of AIM HIGHER FOUNDATION received $171,949 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Religion-Related organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at AIM HIGHER FOUNDATION compare with similar nonprofits?

Compared with the same role at Religion-Related organizations in Minnesota, the 2023 pay of the Chief Executive Officer at AIM HIGHER FOUNDATION falls in the top 10%. In 2023, the highest total compensation at AIM HIGHER FOUNDATION equaled 5% of the organization's total expenses. The median for religion-related organizations is 18%.

What are AIM HIGHER FOUNDATION's revenue and expenses?

In 2023, AIM HIGHER FOUNDATION reported $2.3M in total revenue and $3.3M in total expenses on its IRS Form 990.

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