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Filing year 2023

FRANKLIN NEWS FOUNDATION

Chicago, Illinois·EIN 26-4066298·NTEE B990 · Education·3
Total revenue
$4.8M
Total assets
$901k
Total expenses
$5.3M
Reported officers
9
Mission

THE MISSION OF FRANKLIN NEWS FOUNDATION IS TO PROMOTE SOCIAL WELFARE AND CIVIL BETTERMENT BY UNDERTAKING PROGRAMS THAT PROMOTE JOURNALISM AND THE EDUCATION OF THE PUBLIC ABOUT CORRUPTION, INCOMPETENCE, FRAUD OR TAXPAYER ABUSE BY ELECTED OFFICIALS AT ALL LEVELS OF GOVERNMENT.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2023

$444k
$491k
Base
$309k
Bonus
$135k
Other
Benefits
Executive Editor
key employee
$181k
$200k
Base
$159k
Bonus
$22k
Other
Benefits
Employee
highest compensated employee
$144k
$159k
Employee
highest compensated employee
$129k
$142k
Employee
highest compensated employee
$108k
$120k

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 4 unpaid individuals.

Browse compensation in Education

Sector benchmark

What Education executives earn in Illinois

Comparable education organizations in Illinois pay their highest-earning executive a median of $79,978.

25th percentile
$25k
Median
$79,978
75th percentile
$195k
90th percentile
$368k

These are education sector-wide figures, not this organization's reported pay. Based on 362 organizations across 362 filings (2021 – 2023).

See full Education pay data for Illinois
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