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Filing year 2024

GALESBURG COMMUNITY FOUNDATION

Galesburg, Illinois·EIN 37-1159944·NTEE T99 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$5.8M
Total assets
$50.3M
Total expenses
$5.2M
Reported officers
13
Mission

THE GALESBURG COMMUNITY FOUNDATION WORKS TO IMPROVE THE QUALITY AND HEALTH OF OUR COMMUNITIES. WE BELIEVE THAT CONNECTING PEOPLE TO THE CAUSES THEY CARE ABOUT IS A KEY INGREDIENT TO EFFECTIVE PHILANTHROPY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

Chief Executive Officer
75th to 90th percentile
$204k
$220k
Base
$178k
Bonus
Other
Benefits
$26k
Director of Finance & Operations
75th to 90th percentile
$120k
$129k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 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 GALESBURG COMMUNITY FOUNDATION equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
4%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 5%
from 2023

From $195k in 2023 to $204k in 2024.

$195k
2023
$204k
2024
In today's dollarsEst.
Up 2% in real terms$215k to $220k

Estimated with BLS CPI-U for the Midwest region, 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 fell 58%.

$195k in 2023 to $204k in 2024.
  • Chief Financial Officer pay rose 11% from 2023 to 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about GALESBURG COMMUNITY FOUNDATION

What does the Chief Executive Officer of GALESBURG COMMUNITY FOUNDATION earn?

In 2024, the Chief Executive Officer of GALESBURG COMMUNITY FOUNDATION received $204,315 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 GALESBURG COMMUNITY 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 GALESBURG COMMUNITY FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at GALESBURG COMMUNITY FOUNDATION equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are GALESBURG COMMUNITY FOUNDATION's revenue and expenses?

In 2024, GALESBURG COMMUNITY FOUNDATION reported $5.8M in total revenue and $5.2M in total expenses on its IRS Form 990.

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