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Filing year 2024

FRECHETTE FAMILY FOUNDATION

Chicago, Illinois·EIN 31-1530248·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$11.5M
Total assets
$165.5M
Total expenses
$9.2M
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois.

Executive Director
Above 90th percentile
$289k
$309k

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 5 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at FRECHETTE FAMILY FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
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 2024 Form 990-PF, Part XV.

Total granted

$7.7M

Itemized grants

83

Median grant

$40k

RecipientLocationPurposeAmount
WALKING MOUNTAINS SCIENCE CENTERAVON, COEDUCATOR HOUSING$1M
MASSACHUSETTS GENERAL HOSPITALBOSTON, MACEREBRAL SMALL VESSEL DISEASE FELLOWSHIP & CAA RESEARCH FUND$650k
ROUNDUP RIVER RANCHGYPSUM, COGENERAL OPERATIONS SUPPORT$571k
MEMORIAL SLOAN KETTERING CANCER CENTERNEW YORK, NYGENERAL OPERATIONS SUPPORT$500k
EDUCARE DCWASHINGTON, DCGENERAL OPERATIONS SUPPORT$294k
EARLY CHILDHOOD PARTNERSAVON, COGENERAL OPERATIONS SUPPORT$291k
BROADFUTURESWASHINGTON, DCGENERAL OPERATING SUPPORT$200k
EAGLE VALLEY COMMUNITY FOUNDATIONEDWARDS, COGENERAL OPERATIONS SUPPORT$200k
THE UNIVERSITY OF WISCONSIN FOUNDATIONMADISON, WIGENERAL OPERATIONS SUPPORT$200k
ANN & ROBERT H LURIE CHILDREN'S HOSPITALCHICAGO, ILGENERAL OPERATING SUPPORT$178k
THE RESURRECTION PROJECTCHICAGO, ILGENERAL OPERATIONS SUPPORT$175k
VOCEL VIEWING OUR CHILDREN AS EMERGING LEADERSCHICAGO, ILGENERAL OPERATIONS SUPPORT$175k
A BETTER CHICAGOCHICAGO, ILGENERAL OPERATING SUPPORT$153k
ALL HANDS AND HEARTS SMART RESPONSEMATTAPOISETT, MAHURRICANE RELIEF$150k
WORLD CENTRAL KITCHEN INCORPORATEDWASHINGTON, COHURRICANE HELENE RELIEF EFFORTS IN NORTH CAROLINA$150k
FRIENDS OF THE CHILDREN - CHICAGOCHICAGO, ILGENERAL OPERATIONS SUPPORT$125k
VAIL VETERANS PROGRAMVAIL, COGENERAL OPERATIONS SUPPORT$125k
HEARTLAND HUMAN CARE SERVICES INCCHICAGO, ILGENERAL OPERATIONS SUPPORT$125k
WALKING MOUNTAINS SCIENCE CENTERAVON, COGENERAL OPERATIONS SUPPORT$115k
YOUTHPOWER365EAGLE, COGENERAL OPERATIONS SUPPORT$110k
HABITAT FOR HUMANITY VAIL VALLEYAVON, COGENERAL OPERATIONS SUPPORT$105k
VAIL SYMPOSIUMAVON, COGENERAL OPERATIONS SUPPORT$105k
PRECIOUS BLOOD MINISTRY OF RECONCILIATIONCHICAGO, ILGENERAL OPERATIONS SUPPORT$103k
CAROLE ROBERTSON CENTER FOR LEARNINGCHICAGO, ILGENERAL OPERATING SUPPORT$100k
ERIKSON INSTITUTECHICAGO, ILGENERAL OPERATIONS SUPPORT$100k
Compare this foundation's grantees

Up 5%
from 2023

From $275k in 2023 to $289k in 2024.

$275k
2023
$289k
2024
In today's dollarsEst.
Up 2% in real terms$305k to $309k

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 5% from 2023 to 2024, while revenue rose 58%.

$275k in 2023 to $289k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 ($150M - $1B), 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 FRECHETTE FAMILY FOUNDATION

What does the Chief Executive Officer of FRECHETTE FAMILY FOUNDATION earn?

In 2024, the Chief Executive Officer of FRECHETTE FAMILY FOUNDATION received $289,000 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2024 pay of the Chief Executive Officer at FRECHETTE FAMILY FOUNDATION falls in the top 10%. In 2024, the highest total compensation at FRECHETTE FAMILY FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are FRECHETTE FAMILY FOUNDATION's revenue and expenses?

In 2024, FRECHETTE FAMILY FOUNDATION reported $11.5M in total revenue and $9.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.