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Filing year 2023

CFA INSTITUTE RESEARCH FOUNDATION

Charlottesville, Virginia·EIN 54-6063408·NTEE B05 · Education·3
Total revenue
$2.4M
Total assets
$21.3M
Total expenses
$794k
Reported officers
16
Mission

SEE SCHEDULE OCFA INSTITUTE RESEARCH FOUNDATION'S MISSION IS TO PROVIDE INDEPENDENT, HIGH-QUALITY RESEARCH THAT HELPS INVESTMENT PROFESSIONALS EFFECTIVELY FULFILL THEIR DUTIES WITH PRUDENCE, LOYALTY, AND CARE. THE FOUNDATION EMPHASIZES RESEARCH OF PRACTICAL VALUE TO INVESTMENT PROFESSIONALS,WHILE EXPLORING NEW AND CHALLENGING TOPICS THAT PROVIDE A UNIQUE PERSPECTIVE IN THE EVOLVING PROFESSION OF INVESTMENT MANAGEMENT.

Executive compensation

Form 990 · Schedule J · 5 reported individuals · Filing year 2023

Board Member
board member
$43k
$47k
Exec. Director/board (end 8/2023)
former officer/director/trustee
$39k
$43k
$37k
$41k
Secretary
secretary (operational)
$23k
$25k
Secretary
secretary (operational)
$23k
$25k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Browse compensation in Education

Down 24%
from 2022

From $56k in 2022 to $43k in 2023.

$56k
2022
$43k
2023
In today's dollarsEst.
Down 27% in real terms$64k to $47k

Estimated with BLS CPI-U for the South region, 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

CFA INSTITUTE RESEARCH FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$902k
$620k
2022
$2.4M
$794k
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Virginia

Comparable education organizations in Virginia pay their highest-earning executive a median of $103,585.

25th percentile
$39k
Median
$103,585
75th percentile
$249k
90th percentile
$462k

These are education sector-wide figures, not this organization's reported pay. Based on 263 organizations across 263 filings (2021 – 2023).

See full Education pay data for Virginia
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