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 Texas.
| Position | Total |
|---|---|
Trustee Board Member 75th to 90th percentile | $33k |
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2023, the highest total compensation at Cornerstone Foundation equaled 24% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
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
$95k
Itemized grants
7
Median grant
$15k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| UNITED WAY OF MASS BAY & MERRIMACK | BOSTON, MA | SUPPORT THE FAMILY FUND | $40k |
| FAMILY HOMELESS SHELTER | NATICK, MA | UNRESTRICTED GENERAL | $15k |
| BETHANY HILL PLACE | BRIGHTON, MA | UNRESTRICTED GENERAL | $15k |
| FIRST METHODIST CHURCH TREAS OF THE BD OF TTEES | CHATHAM, MA | UNRESTRICTED GENERAL | $15k |
| WE ARE BETTER TOGETHER | ROXBURY, MA | COMMUNITY MENTAL HEALTH | $10k |
| THE SOCIETY OF JESUS OF NEW ENGLAND | BOSTON, MA | UNRESTRICTED GENERAL | $567 |
| CATHOLIC CHAR DIOCESE OF WORCESTER | WORCESTER, MA | UNRESTRICTED GENERAL | $234 |
Up 7%
from 2022
From $31k in 2022 to $33k in 2023.
Board Member pay rose 7% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
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.
Common questions about Cornerstone Foundation
What does the Board Member of Cornerstone Foundation earn?
In 2023, the Board Member of Cornerstone Foundation received $32,844 in total compensation. This pay is in the top quarter for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at Cornerstone Foundation compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas, the 2023 pay of the Board Member at Cornerstone Foundation falls between the 75th and 90th percentiles. In 2023, the highest total compensation at Cornerstone Foundation equaled 24% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are Cornerstone Foundation's revenue and expenses?
In 2023, Cornerstone Foundation reported $85k in total revenue and $136k 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.
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