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Filing year 2024

GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION

Lake Forest, Illinois·EIN 26-6687616·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$400k
Total assets
$5.6M
Total expenses
$398k
Reported officers
5

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.

Trustee, Director
Board Member
Median to 75th percentile
$24k
$26k

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 Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
6%
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

$140k

Itemized grants

14

Median grant

$5k

Held steady
from 2023

From $24k in 2023 to $24k in 2024.

$24k
2023
$24k
2024
In today's dollarsEst.
Down 3% in real terms$27k to $26k

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

Board Member pay held roughly steady from 2023 to 2024, while revenue fell 17%.

$24k in 2023 to $24k 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 ($1M - $10M), 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 GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION

What does the Board Member of GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION earn?

In 2024, the Board Member of GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION received $24,000 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2024 pay of the Board Member at GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION's revenue and expenses?

In 2024, GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION reported $400k in total revenue and $398k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.