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Filing year 2024

CHARLES EDISON FUND

Newark, New Jersey·EIN 22-1514861·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$1.8M
Total assets
$11.1M
Total expenses
$2.6M
Reported officers
10

Executive compensation

Form 990-PF · Part VIII · 8 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey.

Pres. Trea. Trt
Unclassified
$223k
$241k
Curator
Unclassified
$114k
$123k
(3)chair-truste
Unclassified
$55k
$59k
Trustee/chair
Unclassified
$39k
$42k
Trustee/consult
Unclassified
$25k
$27k
Trustee/comm
Unclassified
$14k
$15k
Trustee/comm
Unclassified
$14k
$15k
Trustee
Board Member
25th percentile to median
$14k
$15k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at CHARLES EDISON FUND equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
8%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$851k

Itemized grants

1

Median grant

$851k

Held steady
from 2023

From $223k in 2023 to $223k in 2024.

$223k
2023
$223k
2024
In today's dollarsEst.
Down 4% in real terms$251k to $241k

Estimated with New York-Newark-Jersey City, NY-NJ-PA 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

Board Member pay held roughly steady from 2023 to 2024, while revenue rose 45%.

$14k in 2023 to $14k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), 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.

FAQ

Common questions about CHARLES EDISON FUND

What does the Board Member of CHARLES EDISON FUND earn?

In 2024, the Board Member of CHARLES EDISON FUND received $14,050 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at CHARLES EDISON FUND compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, the 2024 pay of the Board Member at CHARLES EDISON FUND falls between the 25th percentile and the median. In 2024, the highest total compensation at CHARLES EDISON FUND equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are CHARLES EDISON FUND's revenue and expenses?

In 2024, CHARLES EDISON FUND reported $1.8M in total revenue and $2.6M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.