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Filing year 2023

CHICAGO FOUNDATION FOR WOMEN

Chicago, Illinois·EIN 36-3348160·501(c)(3)
Total revenue
$6.8M
Total assets
$25.6M
Total expenses
$5.9M
Reported officers
23
Mission

FOR OVER THIRTY-NINE YEARS, CFW HAS BEEN THE ONLY ORGANIZATION IN THE REGION TO TAKE A COMPREHENSIVE APPROACH TO UNDERSTAND AND ADDRESS THE CHALLENGES AND NEEDS WOMEN AND GIRLS FACE THROUGH EVERY STAGE OF THEIR LIVES WITH A FOCUS ON ECONOMIC SECURITY, FREEDOM FROM VIOLENCE, AND ACCESS TO HEALTHCARE SERVICES AND INFORMATION. CFW WORKS WITH A COMMUNITY OF SOCIALLY-MINDED INVESTORS WHO SHARE OUR PASSION FOR IMPROVING THE LIVES OF WOMEN, GIRLS, TRANS, AND GENDER NON-BINARY PEOPLE AND ENSURES THAT EVERY DOLLAR THEY GIVE ACHIEVES MAXIMUM IMPACT. WE HOLD OURSELVES AND OUR GRANTEES TO A HIGH STANDARD: CONDUCTING RIGOROUS EVALUATION, CAREFUL MONITORING, AND ACHIEVING COMMUNITY-CENTERED RESULTS. CFW ALSO INVESTS IN THE FUTURE OF ORGANIZATIONS THROUGH LEADERSHIP DEVELOPMENT AND BUILDING SUSTAINABLE NONPROFIT INFRASTRUCTURE. AS A RESULT, TWO-THIRDS OF NONPROFITS FOR WHICH CFW WAS THE FIRST INSTITUTIONAL FUNDER ARE STILL THRIVING TEN YEARS AFTER RECEIVING THEIR FIRST CFW GRANT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President & CEO (thru Aug 2023)
Median to 75th percentile
$162k
$180k
Base
$151k
Bonus
Other
Benefits
$6k
Sr. Program Officer
Program Officer
25th percentile to median
$132k
$146k
Interim CEO (thru May-24)
10th to 25th percentile
$32k
$36k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 20 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 39%
from 2022

From $265k in 2022 to $162k in 2023.

$265k
2022
$162k
2023
In today's dollarsEst.
Down 41% in real terms$303k to $180k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI 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

Chief Executive Officer pay fell 39% from 2022 to 2023, while revenue fell 14%.

$265k in 2022 to $162k in 2023.
  • Program Officer pay rose 17% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

CHICAGO FOUNDATION FOR WOMEN reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.9M
$6.4M
2022
$6.8M
$5.9M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CHICAGO FOUNDATION FOR WOMEN

What does the Chief Executive Officer of CHICAGO FOUNDATION FOR WOMEN earn?

In 2023, the Chief Executive Officer of CHICAGO FOUNDATION FOR WOMEN received $162,115 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CHICAGO FOUNDATION FOR WOMEN compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at CHICAGO FOUNDATION FOR WOMEN falls between the median and the 75th percentile.

What are CHICAGO FOUNDATION FOR WOMEN's revenue and expenses?

In 2023, CHICAGO FOUNDATION FOR WOMEN reported $6.8M in total revenue and $5.9M in total expenses on its IRS Form 990.

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