Skip to main content
Filing year 2023

Big Shoulders Fund

Chicago, Illinois·EIN 36-3490557·NTEE B122 · Education·501(c)(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 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Illinois.

President and Chief Executive Officer
Above 90th percentile
$614k
$680k
Base
$516k
Bonus
$27k
Other
$17k
Benefits
$43k
Chief Schools Officer
Key Employee
75th to 90th percentile
$335k
$371k
Base
$265k
Bonus
$14k
Other
$780
Benefits
$44k
Chief Financial Officer
Above 90th percentile
$299k
$331k
Base
$241k
Bonus
$13k
Other
$1k
Benefits
$32k
Director Emeritus, Scholarship Program & School Relations
Director (Operational)
Above 90th percentile
$247k
$273k
Base
$205k
Bonus
$10k
Other
$847
Benefits
$22k
Chief Advancement & Development Officer
75th to 90th percentilevs Education peers nationwide
$216k
$239k
Base
$185k
Bonus
$9k
Other
$720
Benefits
$13k
Senior Director, People and Leadership
Highest Compensated Employee
Median to 75th percentile
$181k
$200k
Base
$145k
Bonus
$8k
Other
$780
Benefits
$21k
Senior Director, Scholarships
Highest Compensated Employee
Median to 75th percentile
$178k
$197k
Base
$133k
Bonus
$7k
Other
$751
Benefits
$31k
Managing Director, Nwi
Highest Compensated Employee
Median to 75th percentile
$172k
$190k
Base
$145k
Bonus
$7k
Other
$706
Benefits
$12k
Managing Director, School Operations and Patrons Program
Median to 75th percentile
$171k
$189k
Base
$149k
Bonus
$8k
Other
$718
Benefits
$10k

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

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Big Shoulders Fund equaled 0.8% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.8%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education 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.

$105k

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.

Pay for the position

Chief Executive Officer pay rose 2% from 2022 to 2023, while revenue rose 29%.

$604k in 2022 to $614k in 2023.
  • Key Employee pay rose 1% from 2022 to 2023.
  • Chief Financial Officer pay rose 1% 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.

Among peers

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

See full Executive Director compensation rankings across Education
FAQ

Common questions about Big Shoulders Fund

What does the Chief Executive Officer of Big Shoulders Fund earn?

In 2023, the Chief Executive Officer of Big Shoulders Fund received $614,112 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Big Shoulders Fund compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2023 pay of the Chief Executive Officer at Big Shoulders Fund falls in the top 10%. In 2023, the highest total compensation at Big Shoulders Fund equaled 0.8% of the organization's total expenses. The median for education organizations is 7%.

What are Big Shoulders Fund's revenue and expenses?

In 2023, Big Shoulders Fund reported $84.8M in total revenue and $75.9M 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.