Executive compensation
Form 990-PF · Part VIII · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations in Iowa.
| Position | Total |
|---|---|
Trustee Board Member 25th percentile to median | $6k $6k |
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.
Top pay as a share of expenses
In 2024, the highest total compensation at Carstens Educational Fund equaled 18% 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.
Board Member pay rose 100% from 2023 to 2024, while revenue fell 3%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
This is a private foundation. Peers are foundations of similar asset size (Under $1M), 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.
Common questions about Carstens Educational Fund
What does the Board Member of Carstens Educational Fund earn?
In 2024, the Board Member of Carstens Educational Fund received $6,000 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Education organizations in Iowa, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at Carstens Educational Fund compare with similar nonprofits?
Compared with the same role at Education organizations in Iowa, the 2024 pay of the Board Member at Carstens Educational Fund falls between the 25th percentile and the median. In 2024, the highest total compensation at Carstens Educational Fund equaled 18% of the organization's total expenses. The median for education organizations is 7%.
What are Carstens Educational Fund's revenue and expenses?
In 2024, Carstens Educational Fund reported $34k in total revenue and $34k in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.
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