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Filing year 2023

CLAREMONT INVESTMENT FUND

Claremont, California·EIN 82-3049880·NTEE B19 · Education·501(c)(3)
Total revenue
$66M
Total assets
$2B
Total expenses
$4.4M
Reported officers
12
Mission

CLAREMONT INVESTMENT FUND (THE "FUND") WAS ORGANIZED TO HOLD AND MANAGE THE ENDOWMENT ASSETS OF CLAREMONT MCKENNA COLLEGE (THE "COLLEGE") AND THOSE MEMBERS OF THE CLAREMONT COLLEGES THAT MAY BE APPROVED BY THE COLLEGE'S BOARD OF DIRECTORS FROM TIME TO TIME. THE FUND'S BROAD OBJECTIVE IS TO PRESERVE AND ENHANCE ITS REAL (INFLATION-ADJUSTED) PURCHASING POWER WHILE PROVIDING A RELATIVELY PREDICTABLE, STABLE, AND CONSTANT (IN REAL TERMS) STREAM OF EARNINGS CONSISTENT WITH THE SPENDING NEEDS OF THE COLLEGE AND PARTICIPATING MEMBERS OF THE CLAREMONT COLLEGES. THE FUND IS AN AFFILIATE OF CLAREMONT MCKENNA COLLEGE.

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 in California.

President and CEO
25th percentile to median
$106k
$117k
Secretary
Secretary (Operational)
Median to 75th percentile
$79k
$87k
Former Vice President
Board Vice President
10th to 25th percentile
$66k
$73k
Vice President
25th percentile to median
$54k
$60k
CFO
25th percentile to median
$49k
$54k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CLAREMONT INVESTMENT FUND equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 14%
from 2022

From $93k in 2022 to $106k in 2023.

$93k
2022
$106k
2023
In today's dollarsEst.
Up 10% in real terms$106k to $117k

Estimated with Los Angeles-Long Beach-Anaheim, CA 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 rose 25% from 2022 to 2023, while revenue rose 6%.

$85k in 2022 to $106k in 2023.
  • Secretary (Operational) pay rose 10% from 2022 to 2023.
  • Board Vice President pay fell 29% 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about CLAREMONT INVESTMENT FUND

What does the Chief Executive Officer of CLAREMONT INVESTMENT FUND earn?

In 2023, the Chief Executive Officer of CLAREMONT INVESTMENT FUND received $105,992 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in California, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CLAREMONT INVESTMENT FUND compare with similar nonprofits?

Compared with the same role at Education organizations in California, the 2023 pay of the Chief Executive Officer at CLAREMONT INVESTMENT FUND falls between the 25th percentile and the median. In 2023, the highest total compensation at CLAREMONT INVESTMENT FUND equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are CLAREMONT INVESTMENT FUND's revenue and expenses?

In 2023, CLAREMONT INVESTMENT FUND reported $66M in total revenue and $4.4M in total expenses on its IRS Form 990.

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