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 · Part VII & Schedule J · 5 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations nationwide.
| Position | Total |
|---|---|
Board Member Median to 75th percentilevs Education peers in Virginia | $43k $47k |
Exec. Director/board (end 8/2023) Former Officer/director/trustee 10th to 25th percentile | $39k $43k |
Treasurer 25th percentile to medianvs Education peers in Virginia | $37k $41k |
Secretary Secretary (Operational) 25th percentile to median | $23k $25k |
Secretary Secretary (Operational) 10th to 25th percentile | $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.
Top pay as a share of expenses
In 2023, the highest total compensation at CFA INSTITUTE RESEARCH FOUNDATION equaled 5% 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.
Down 24%
from 2022
From $56k in 2022 to $43k in 2023.
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.
Board Member pay fell 9% from 2022 to 2023, while revenue rose 165%.
- Chief Financial Officer pay fell 4% from 2022 to 2023.
- Secretary (Operational) pay rose 2% 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 CFA INSTITUTE RESEARCH FOUNDATION
What does the Board Member of CFA INSTITUTE RESEARCH FOUNDATION earn?
In 2023, the Board Member of CFA INSTITUTE RESEARCH FOUNDATION received $42,890 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Education organizations in Virginia, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at CFA INSTITUTE RESEARCH FOUNDATION compare with similar nonprofits?
Compared with the same role at Education organizations in Virginia, the 2023 pay of the Board Member at CFA INSTITUTE RESEARCH FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at CFA INSTITUTE RESEARCH FOUNDATION equaled 5% of the organization's total expenses. The median for education organizations is 7%.
What are CFA INSTITUTE RESEARCH FOUNDATION's revenue and expenses?
In 2023, CFA INSTITUTE RESEARCH FOUNDATION reported $2.4M in total revenue and $794k in total expenses on its IRS Form 990.
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