THE PRIMARY PURPOSE OF THE FOUNDATION IS TO PROVIDE FUNDS TO SUPPORT THE CHARITABLE, SCIENTIFIC, EDUCATIONAL, LITERARY AND/OR RELIGIOUS PURPOSES OF THE CATHOLIC UNIVERSITY OF AMERICA AND TO AWARD SCHOLARSHIPS TO STUDENTS FROM THE ALBANY DIOCESE OF THE ROMAN CATHOLIC CHURCH WHO ARE ATTENDING THE CATHOLIC UNIVERSITY OF AMERICA.
Executive compensation
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in District of Columbia.
| Position | Total |
|---|---|
Ex-officio Director/provost Board Member Median to 75th percentile | $56k |
Ex-officio Director/president 10th to 25th percentile | $51k |
Ex-officio Director/treasurer Officer (Unspecified) | $50k |
Former Ex-officio Director/president Board President Median to 75th percentilevs Education peers nationwide | $50k |
Ex-officio/president Former Officer/director/trustee 10th to 25th percentilevs Education peers nationwide | $50k |
Secretary Secretary (Operational) 25th percentile to medianvs Education peers nationwide | $45k |
Ex-officio Director/vp Enrollment Board Member 25th percentile to median | $33k |
Plus 1 unpaid individual.
Top pay as a share of expenses
In 2023, the highest total compensation at Albert E Farone & Angela T Farone Foundation equaled 4% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 17%
from 2022
From $48k in 2022 to $56k in 2023.
Board Member pay rose 17% from 2022 to 2023, while revenue fell 2%.
- Chief Executive Officer pay rose 25% from 2022 to 2023.
- Secretary (Operational) pay rose 10% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Albert E Farone & Angela T Farone Foundation
What does the Board Member of Albert E Farone & Angela T Farone Foundation earn?
In 2023, the Board Member of Albert E Farone & Angela T Farone Foundation received $56,327 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Education organizations in District of Columbia, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at Albert E Farone & Angela T Farone Foundation compare with similar nonprofits?
Compared with the same role at Education organizations in District of Columbia, the 2023 pay of the Board Member at Albert E Farone & Angela T Farone Foundation falls between the median and the 75th percentile. In 2023, the highest total compensation at Albert E Farone & Angela T Farone Foundation equaled 4% of the organization's total expenses. The median for education organizations is 7%.
What are Albert E Farone & Angela T Farone Foundation's revenue and expenses?
In 2023, Albert E Farone & Angela T Farone Foundation reported $1.9M in total revenue and $1.6M in total expenses on its IRS Form 990.
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