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.
- Base
- $516k
- Bonus
- $27k
- Other
- $17k
- Benefits
- $43k
- Base
- $265k
- Bonus
- $14k
- Other
- $780
- Benefits
- $44k
- Base
- $241k
- Bonus
- $13k
- Other
- $1k
- Benefits
- $32k
- Base
- $205k
- Bonus
- $10k
- Other
- $847
- Benefits
- $22k
- Base
- $185k
- Bonus
- $9k
- Other
- $720
- Benefits
- $13k
- Base
- $145k
- Bonus
- $8k
- Other
- $780
- Benefits
- $21k
- Base
- $133k
- Bonus
- $7k
- Other
- $751
- Benefits
- $31k
- Base
- $145k
- Bonus
- $7k
- Other
- $706
- Benefits
- $12k
- Base
- $149k
- Bonus
- $8k
- Other
- $718
- Benefits
- $10k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President and Chief Executive Officer Above 90th percentile | $516k | $27k | $17k | $43k | $614k $680k |
Chief Schools Officer Key Employee 75th to 90th percentile | $265k | $14k | $780 | $44k | $335k $371k |
Chief Financial Officer Above 90th percentile | $241k | $13k | $1k | $32k | $299k $331k |
Director Emeritus, Scholarship Program & School Relations Director (Operational) Above 90th percentile | $205k | $10k | $847 | $22k | $247k $273k |
Chief Advancement & Development Officer 75th to 90th percentilevs Education peers nationwide | $185k | $9k | $720 | $13k | $216k $239k |
Senior Director, People and Leadership Highest Compensated Employee Median to 75th percentile | $145k | $8k | $780 | $21k | $181k $200k |
Senior Director, Scholarships Highest Compensated Employee Median to 75th percentile | $133k | $7k | $751 | $31k | $178k $197k |
Managing Director, Nwi Highest Compensated Employee Median to 75th percentile | $145k | $7k | $706 | $12k | $172k $190k |
Managing Director, School Operations and Patrons Program Median to 75th percentile | $149k | $8k | $718 | $10k | $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.
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%.
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.
Up 2%
from 2022
From $604k in 2022 to $614k in 2023.
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.
Chief Executive Officer pay rose 2% from 2022 to 2023, while revenue rose 29%.
- 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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
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.
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