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Filing year 2023

ERNEST WENTCHER EDUCATIONAL FUND

Chicago, Illinois·EIN 36-4170236·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$2.3M
Total assets
$58.4M
Total expenses
$4.1M
Reported officers
9

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.

Executive Di
75th to 90th percentile
$200k
$222k

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 8 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ERNEST WENTCHER EDUCATIONAL FUND equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
5%
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

$3.2M

Itemized grants

108

Median grant

$10k

RecipientLocationPurposeAmount
UNIV OF ILLINOIS URBANACHAMPAIGN, ILEDUCATION$537k
UNIVERSITY OF MICHIGANANN ARBOR, MIEDUCATION$280k
UNIV OF ILLINOIS CHICAGOCHICAGO, ILEDUCATION$235k
DEPAUL UNIVCHICAGO, ILEDUCATION$175k
HOWARD UNIVERSITYWASHINGTON, DCEDUCATION$107k
LOYOLA UNIVERSITYCHICAGO, ILEDUCATION$105k
UNIV OF SOUTHERN CALIFORNIALOS ANGELES, CAEDUCATION$98k
CORNELL UNIVITHACA, NYEDUCATION$97k
UNIV OF CHICAGOCHICAGO, ILEDUCATION$75k
IITCHICAGO, ILEDUCATION$52k
NORTHWESTERN UNIVERSITYEVANSTON, ILEDUCATION$52k
UNIV OF WISCONSINMADISON, WIEDUCATION$50k
ILLINOIS STATE UNIVERSITYNORMAL, ILEDUCATION$41k
OAKTON COMM COLLEGEDES PLAINES, ILEDUCATION$41k
MIDDLEBURY COLLEGEMIDDLEBURY, VTEDUCATION$40k
LEWIS UNIVERSITYROMEOVILLE, ILEDUCATION$40k
GEORGE WASHINGTON UNIVERSITYASHBURN, VAEDUCATION$39k
EMORY UNIVATLANTA, GAEDUCATION$39k
BRADLEY UNIVERSITYPEORIA, ILEDUCATION$32k
MOREHOUSE COLLEGEATLANTA, GAEDUCATION$32k
SPELMAN COLLEGEATLANTA, GAEDUCATION$30k
UNIV OF NOTRE DAMENOTRE DAME, INEDUCATION$26k
COLUMBIA COLLEGECHICAGO, ILEDUCATION$25k
CONNECTICUT COLLEGENEW LONDON, CTEDUCATION$23k
STANFORD UNIVERSITYSTANFORD, CAEDUCATION$23k
Compare this foundation's grantees

Up 112%
from 2022

From $94k in 2022 to $200k in 2023.

$94k
2022
$200k
2023
In today's dollarsEst.
Up 105% in real terms$108k to $222k

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 rose 112% from 2022 to 2023, while revenue rose 27%.

$94k in 2022 to $200k 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 ($50M - $150M), 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 ERNEST WENTCHER EDUCATIONAL FUND

What does the Chief Executive Officer of ERNEST WENTCHER EDUCATIONAL FUND earn?

In 2023, the Chief Executive Officer of ERNEST WENTCHER EDUCATIONAL FUND received $200,000 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ERNEST WENTCHER EDUCATIONAL FUND compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2023 pay of the Chief Executive Officer at ERNEST WENTCHER EDUCATIONAL FUND falls between the 75th and 90th percentiles. In 2023, the highest total compensation at ERNEST WENTCHER EDUCATIONAL FUND equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are ERNEST WENTCHER EDUCATIONAL FUND's revenue and expenses?

In 2023, ERNEST WENTCHER EDUCATIONAL FUND reported $2.3M in total revenue and $4.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.