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Filing year 2024

CHERNOFF MEMORIAL CHARITABLE FDN

Pennington, New Jersey·EIN 30-6633439·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.5M
Total assets
$15.9M
Total expenses
$953k
Reported officers
1

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 Philanthropy, Voluntarism & Grantmaking organizations in New Jersey.

Trustee
Board Member
Above 90th percentile
$210k
$227k

Teal figures restate each filed amount in 2026 dollars.

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

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at CHERNOFF MEMORIAL CHARITABLE FDN equaled 22% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
22%
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

$715k

Itemized grants

1

Median grant

$715k

RecipientLocationPurposeAmount
THE SALVATION ARMYLUTZ, FLGENERAL OPERATING$715k

Up 14%
from 2023

From $185k in 2023 to $210k in 2024.

$185k
2023
$210k
2024
In today's dollarsEst.
Up 10% in real terms$206k to $227k

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

Pay for the position

Board Member pay rose 14% from 2023 to 2024, while revenue rose 24%.

$185k in 2023 to $210k 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 CHERNOFF MEMORIAL CHARITABLE FDN

What does the Board Member of CHERNOFF MEMORIAL CHARITABLE FDN earn?

In 2024, the Board Member of CHERNOFF MEMORIAL CHARITABLE FDN received $210,268 in total compensation. This pay is in the top 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in New Jersey: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at CHERNOFF MEMORIAL CHARITABLE FDN 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 CHERNOFF MEMORIAL CHARITABLE FDN falls in the top 10%. In 2024, the highest total compensation at CHERNOFF MEMORIAL CHARITABLE FDN equaled 22% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are CHERNOFF MEMORIAL CHARITABLE FDN's revenue and expenses?

In 2024, CHERNOFF MEMORIAL CHARITABLE FDN reported $1.5M in total revenue and $953k 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.