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Filing year 2024

GREATER MILWAUKEE FOUNDATION INC

Milwaukee, Wisconsin·EIN 39-6036407·NTEE T310 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$85.2M
Total assets
$1.1B
Total expenses
$85.5M
Reported officers
32
Mission

INSPIRING PHILANTHROPY, SERVING DONORS, STRENGTHENING COMMUNITIES, NOW AND FOR FUTURE GENERATIONS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2024

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

President ( End 8/24)
Above 90th percentile
$342k
$368k
Base
$281k
Bonus
Other
Benefits
$14k
Executive Director
Above 90th percentile
$275k
$295k
Base
$227k
Bonus
Other
Benefits
$28k
VP Dev/phil Services/secretary
Vice President
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$228k
$245k
Base
$191k
Bonus
Other
Benefits
$21k
President (start 8/24)
75th to 90th percentile
$223k
$240k
Base
$223k
Bonus
Other
Benefits
Secretary/treasurer (end 8/24)
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$200k
$215k
Base
$176k
Bonus
Other
Benefits
$8k
Chief Dei & Org Learning Officer
Highest Compensated Employee
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$188k
$203k
Base
$157k
Bonus
Other
Benefits
$18k
VP Marketing
Board Vice President
Above 90th percentile
$182k
$195k
Base
$141k
Bonus
Other
Benefits
$28k
VP of HR
Board Vice President
Above 90th percentile
$179k
$193k
Base
$150k
Bonus
Other
Benefits
$21k
Cfo/treasurer (start 8/24)
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$170k
$183k
Base
$131k
Bonus
Other
Benefits
$28k
VP of Comm. Invest. (end 8/24)
Vice President
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$157k
$169k
Base
$132k
Bonus
Other
Benefits
$13k
VP of Community Impact
Board Vice President
75th to 90th percentile
$143k
$154k
Board Member
Below 10th percentile
$500
$538

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 20 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 GREATER MILWAUKEE FOUNDATION INC equaled 0.4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.4%
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.

Down 11%
from 2023

From $383k in 2023 to $342k in 2024.

$383k
2023
$342k
2024
In today's dollarsEst.
Down 13% in real terms$423k to $368k

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 fell 11% from 2023 to 2024, while revenue rose 9%.

$383k in 2023 to $342k in 2024.
  • Vice President pay rose 12% from 2023 to 2024.
  • Chief Financial Officer pay fell 13% 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 GREATER MILWAUKEE FOUNDATION INC

What does the Chief Executive Officer of GREATER MILWAUKEE FOUNDATION INC earn?

In 2024, the Chief Executive Officer of GREATER MILWAUKEE FOUNDATION INC received $342,082 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Wisconsin: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GREATER MILWAUKEE FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Wisconsin, the 2024 pay of the Chief Executive Officer at GREATER MILWAUKEE FOUNDATION INC falls in the top 10%. In 2024, the highest total compensation at GREATER MILWAUKEE FOUNDATION INC equaled 0.4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are GREATER MILWAUKEE FOUNDATION INC's revenue and expenses?

In 2024, GREATER MILWAUKEE FOUNDATION INC reported $85.2M in total revenue and $85.5M in total expenses on its IRS Form 990.

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