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Filing year 2024

GOVERNOR'S SCHOLARS PROGRAM FOUNDATION INC

Frankfort, Kentucky·EIN 61-1393028·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$881k
Total assets
$4.3M
Total expenses
$738k
Reported officers
10
Mission

TO RAISE AND MANAGE FINANCIAL SUPPORT FOR THE GOVERNOR'S SCHOLARS PROGRAM, INC. (GSP), AS WELL AS TO PROVIDE PLANNED GIVING OPPORTUNITIES FOR DONORS WHO ARE INTERESTED IN SUPPORTING GSP.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

President/secretary
75th to 90th percentile
$142k
$150k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 9 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 GOVERNOR'S SCHOLARS PROGRAM FOUNDATION INC equaled 19% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
19%
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 2%
from 2023

From $138k in 2023 to $142k in 2024.

$138k
2023
$142k
2024
In today's dollarsEst.
Roughly flat in real terms$151k to $150k

Estimated with BLS CPI-U for the South 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 2% from 2023 to 2024, while revenue rose 58%.

$138k in 2023 to $142k 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.

Among peers

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

FAQ

Common questions about GOVERNOR'S SCHOLARS PROGRAM FOUNDATION INC

What does the Chief Executive Officer of GOVERNOR'S SCHOLARS PROGRAM FOUNDATION INC earn?

In 2024, the Chief Executive Officer of GOVERNOR'S SCHOLARS PROGRAM FOUNDATION INC received $141,521 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Kentucky, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GOVERNOR'S SCHOLARS PROGRAM FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Kentucky, the 2024 pay of the Chief Executive Officer at GOVERNOR'S SCHOLARS PROGRAM FOUNDATION INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at GOVERNOR'S SCHOLARS PROGRAM FOUNDATION INC equaled 19% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are GOVERNOR'S SCHOLARS PROGRAM FOUNDATION INC's revenue and expenses?

In 2024, GOVERNOR'S SCHOLARS PROGRAM FOUNDATION INC reported $881k in total revenue and $738k in total expenses on its IRS Form 990.

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