Skip to main content
Filing year 2023

Arthur J Schmitt Foundation

Northbrook, Illinois·EIN 36-2217999·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$906k
Total assets
$18.7M
Total expenses
$1.1M
Reported officers
7

Executive compensation

Form 990-PF · Part VIII · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois.

Executive Director
Median to 75th percentile
$132k
$145k
Foundation President/chairman
Board President
25th percentile to median
$10k
$11k
Treasurer
Board Treasurer
25th percentile to median
$10k
$11k
Director
Unclassified
$10k
$11k
Secretary/director
Unclassified
$10k
$11k
Director
Unclassified
$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.

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Arthur J Schmitt Foundation equaled 12% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
12%
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 2023 Form 990-PF, Part XV.

Total granted

$850k

Itemized grants

13

Median grant

$65k

RecipientLocationPurposeAmount
Daniel Murphy Scholarship FundChicago, ILStudent Scholarships & leadership development$80k
Link UnlimitedChicago, ILStudent Scholarships & leadership development$80k
Marquette UniversityMilwaukee, WIStudent Scholarships & leadership development$80k
Loyola UniversityChicago, ILStudent Scholarships & leadership development$75k
University of Notre DameSouth Bend, INStudent Scholarships & leadership development$75k
DePaul UniversityChicago, ILStudent Scholarships & leadership development$70k
Benedictine UniversityNiles, ILStudent Scholarships & leadership development$65k
Dominican UniversityRiver Forest, ILStudent Scholarships & leadership development$65k
University of St FrancisJoliet, ILStudent Scholarships & leadership development$65k
Lewis UniversityRomeoville, ILStudent Scholarships & leadership development$60k
University of St XavierChicago, ILStudent Scholarships & leadership development$60k
High SightChicago, ILStudent Scholarships & leadership development$50k
Loyola University Arrupe CollegeChicago, ILStudent Scholarships & leadership development$25k
Compare this foundation's grantees

Up 82%
from 2022

From $72k in 2022 to $132k in 2023.

$72k
2022
$132k
2023
In today's dollarsEst.
Up 76% in real terms$83k to $145k

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

Chief Executive Officer pay rose 82% from 2022 to 2023, while revenue rose 72%.

$72k in 2022 to $132k in 2023.
  • Board Treasurer pay held roughly steady from 2022 to 2023.
  • Board President pay held roughly steady from 2022 to 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.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), 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 Arthur J Schmitt Foundation

What does the Chief Executive Officer of Arthur J Schmitt Foundation earn?

In 2023, the Chief Executive Officer of Arthur J Schmitt Foundation received $131,551 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Arthur J Schmitt Foundation compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2023 pay of the Chief Executive Officer at Arthur J Schmitt Foundation falls between the median and the 75th percentile. In 2023, the highest total compensation at Arthur J Schmitt Foundation equaled 12% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Arthur J Schmitt Foundation's revenue and expenses?

In 2023, Arthur J Schmitt Foundation reported $906k in total revenue and $1.1M 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 ($10M - $25M), because foundation pay scales with assets under management, not revenue.