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Filing year 2023

Big Shoulders Fund

Chicago, Illinois·EIN 36-3490557·NTEE B122 · Education·3
Total revenue
$84.8M
Total assets
$150.1M
Total expenses
$75.9M
Reported officers
43
Mission

We provide support to underserved schools which provide a quality, values-based education for Chicago's children. In 2020, Big Shoulders Fund's programming was extended to the Northwest Indiana region.

Executive compensation, broken down

Form 990 · Schedule J · 9 reported individuals · Filing year 2023

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
President and Chief Executive Officer
$614k
$680k
Chief Schools Officer
key employee
$335k
$371k
Chief Financial Officer
$299k
$331k
Director Emeritus, Scholarship Program & School Relations
director (operational)
$247k
$273k
Chief Advancement & Development Officer
$216k
$239k
Senior Director, People and Leadership
highest compensated employee
$181k
$200k
Senior Director, Scholarships
highest compensated employee
$178k
$197k
Managing Director, Nwi
highest compensated employee
$172k
$190k
Managing Director, School Operations and Patrons Program
$171k
$189k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 34 unpaid individuals.

Browse compensation in Education

Up 2%
from 2022

From $604k in 2022 to $614k in 2023.

$604k
2022
$614k
2023
In today's dollarsEst.
Down 2% in real terms$691k to $680k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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

Revenue and expenses over time

Big Shoulders Fund reported revenue and expenses across 2 filing years.

RevenueExpenses
$65.7M
$58.9M
2022
$84.8M
$75.9M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Illinois

Comparable education organizations in Illinois pay their highest-earning executive a median of $78,409.

25th percentile
$28k
Median
$78,409
75th percentile
$173k
90th percentile
$307k

These are education sector-wide figures, not this organization's reported pay. Based on 877 organizations across 877 filings (2021 – 2024).

See full Education pay data for Illinois
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