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Filing year 2023

CLASSON FAMILY SCHOLARSHIP FUND XXXXX4000

Chicago, Illinois·EIN 61-1817731·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$154k
Total assets
$2.8M
Total expenses
$203k
Reported officers
1

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

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

Trustee
Board Member
75th to 90th percentile
$46k
$51k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CLASSON FAMILY SCHOLARSHIP FUND XXXXX4000 equaled 23% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
23%
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 2023 Form 990-PF, Part XV.

Total granted

$151k

Itemized grants

1

Median grant

$151k

RecipientLocationPurposeAmount
CALDWELL-WEST CALDWELL BOARD OF EDUCATIONWEST CALDWELL, NJSCHOLARSHIP$151k

Up 7%
from 2022

From $43k in 2022 to $46k in 2023.

$43k
2022
$46k
2023
In today's dollarsEst.
Up 4% in real terms$50k to $51k

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

Board Member pay rose 7% from 2022 to 2023, while revenue fell 20%.

$43k in 2022 to $46k in 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.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), 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 CLASSON FAMILY SCHOLARSHIP FUND XXXXX4000

What does the Board Member of CLASSON FAMILY SCHOLARSHIP FUND XXXXX4000 earn?

In 2023, the Board Member of CLASSON FAMILY SCHOLARSHIP FUND XXXXX4000 received $46,406 in total compensation. This pay is in the top quarter for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at CLASSON FAMILY SCHOLARSHIP FUND XXXXX4000 compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2023 pay of the Board Member at CLASSON FAMILY SCHOLARSHIP FUND XXXXX4000 falls between the 75th and 90th percentiles. In 2023, the highest total compensation at CLASSON FAMILY SCHOLARSHIP FUND XXXXX4000 equaled 23% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are CLASSON FAMILY SCHOLARSHIP FUND XXXXX4000's revenue and expenses?

In 2023, CLASSON FAMILY SCHOLARSHIP FUND XXXXX4000 reported $154k in total revenue and $203k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.