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Filing year 2023

BEARD SCHOLARSHIP FUND

Pennington, New Jersey·EIN 30-6661295·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$3.6M
Total assets
$57.9M
Total expenses
$3.2M
Reported officers
1

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

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

Trustee
Board Member
Above 90th percentile
$558k
$623k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast 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 2023, the highest total compensation at BEARD SCHOLARSHIP FUND equaled 17% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
17%
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

$2.5M

Itemized grants

4

Median grant

$632k

RecipientLocationPurposeAmount
NORTHWESTERN UNIVERSITYEVANSTON, ILGENERAL OPERATING$1M
BRADLEY UNIVERSITYPEORIA, ILGENERAL OPERATING$1M
PEORIA HS ALUMNI ASSOCIATIONPEORIA, ILGENERAL OPERATING$253k
TEXAS LUTHERAN UNIVERSITYSEGUIN, TXGENERAL OPERATING$253k
Compare this foundation's grantees

Up 10%
from 2022

From $509k in 2022 to $558k in 2023.

$509k
2022
$558k
2023
In today's dollarsEst.
Up 6% in real terms$588k to $623k

Estimated with BLS CPI-U for the Northeast 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 rose 10% from 2022 to 2023, while revenue rose 10%.

$509k in 2022 to $558k 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.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), 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 BEARD SCHOLARSHIP FUND

What does the Board Member of BEARD SCHOLARSHIP FUND earn?

In 2023, the Board Member of BEARD SCHOLARSHIP FUND received $557,772 in total compensation. This pay is in the top 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in New Jersey: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at BEARD SCHOLARSHIP FUND compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, the 2023 pay of the Board Member at BEARD SCHOLARSHIP FUND falls in the top 10%. In 2023, the highest total compensation at BEARD SCHOLARSHIP FUND equaled 17% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are BEARD SCHOLARSHIP FUND's revenue and expenses?

In 2023, BEARD SCHOLARSHIP FUND reported $3.6M in total revenue and $3.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.