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Filing year 2023

CONNECT FOUNDATION

San Diego, California·EIN 20-3049742·NTEE B90 · Education·501(c)(3)
Total revenue
$2.8M
Total assets
$2.9M
Total expenses
$2.8M
Reported officers
121
Mission

CONNECT IS AN INNOVATION INSTIGATOR ESTABLISHED TO CULTIVATE SAN DIEGO'S LIFE SCIENCE AND TECH COMMUNITIES. A TRUSTED PARTNER FOR MORE THAN 30 YEARS, WE PROPEL OUR REGION'S ENTREPRENEURS AS THEY CREATE AND SCALE THEIR COMPANIES FROM FIRST-TIME FOUNDERS TO SEASONED EXECUTIVES. WE OPERATE ACROSS DIVERSE INDUSTRY VERTICALS WITH A MINDSET DRIVEN BY INCLUSIVE SOCIAL GOOD MAKING A POSITIVE IMPACT ACROSS THE ENTIRETY OF THE MEGA-REGION. IN ELEVATING ENTREPRENEURIAL MASTERY SUCH AS PROVIDING ACCESS TO INSTITUTIONAL CAPITAL, STRATEGIC ADVISING, AND PARTNERING OPPORTUNITIES WE BRING TOGETHER OUR REGION'S CULTURE AND SPIRIT TO IGNITE OUR INNOVATION ECONOMY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in California.

CEO
75th to 90th percentile
$290k
$322k
Base
$290k
Bonus
Other
Benefits
COO
Median to 75th percentile
$184k
$204k
Base
$184k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with San Diego-Carlsbad, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 119 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CONNECT FOUNDATION equaled 10% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
10%
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.

Funded by

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

Among peers

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

FAQ

Common questions about CONNECT FOUNDATION

What does the Chief Executive Officer of CONNECT FOUNDATION earn?

In 2023, the Chief Executive Officer of CONNECT FOUNDATION received $289,970 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in California, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CONNECT FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in California, the 2023 pay of the Chief Executive Officer at CONNECT FOUNDATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at CONNECT FOUNDATION equaled 10% of the organization's total expenses. The median for education organizations is 7%.

What are CONNECT FOUNDATION's revenue and expenses?

In 2023, CONNECT FOUNDATION reported $2.8M in total revenue and $2.8M in total expenses on its IRS Form 990.

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