Executive compensation
Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024
| Position | Total |
|---|---|
Co-trustee a Unclassified | $125k $134k |
Co-trustee Unclassified | $25k $27k |
Co-trustee Unclassified | $25k $27k |
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 →
Top pay as a share of expenses
In 2024, the highest total compensation at FLORENCE B & CORNELIA A PALMER FOUNDATION equaled 44% 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 2024 Form 990-PF, Part XV.
Total granted
$98k
Itemized grants
11
Median grant
$10k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| ELGIN SYMPHONY ORCHESTRA | ELGIN, IL | DEVELOPMENT GRANT | $16k |
| SIDE STREET STUDIO | ELGIN, IL | DEV GRANT | $16k |
| CHILDREN'S THEATRE COMPANY OF ELGIN | ELGIN, IL | DEV GRANT | $14k |
| ELGIN MASTER CHORAL | ELGIN, IL | DEV GRANT | $14k |
| CHAMBER MUSIC ON THE FOX | ELGIN, IL | DEV GRANT | $11k |
| ELGIN YOUTH SYMPHONY | ELGIN, IL | DEV GRANT | $10k |
| ECC FOUNDATION | ELGIN, IL | POETRY SCHOLARSHIPS | $6k |
| MULTICULTURAL EDUCATION GROUP | ELGIN, IL | DEV GRANT | $5k |
| STUDIO 10 NFP | ELGIN, IL | PROGRAM SPONSOR GRANT | $3k |
| U46 EDUCATIONAL FOUNDATION | ELGIN, IL | PROGRAM SPONSOR GRANT | $2k |
| FIRST CONGREGATIONAL CHURCH | ELGIN, IL | PROGRAM SPONSOR GRANT | $2k |
Up 25%
from 2023
From $100k in 2023 to $125k in 2024.
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.
This is a private foundation. Peers are foundations of similar asset size (Under $1M), 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 FLORENCE B & CORNELIA A PALMER FOUNDATION
What are FLORENCE B & CORNELIA A PALMER FOUNDATION's revenue and expenses?
In 2024, FLORENCE B & CORNELIA A PALMER FOUNDATION reported $135k in total revenue and $284k in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.
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