THE PURPOSES FOR WHICH THE CORPORATION IF FORMED ARE AS FOLLOWS: 1. TO SUPPORT GREENWOOD STUDENTS, TEACHERS, STAFF AND ADMINISTRATORS THROUGH FUNDING INNOVATIVE EDUCATIONAL PROGRAMS AND ACADEMIC ENDEAVORS. 2. TO RECEIVE AND ADMINISTER FUNDS FOR SUCH ADDITIONAL AND CHARITABLE PURPOSES AS ARE RELATED TO AND SUPPORTIVE OF THE CURRICULAR AND EXTRACURRICULAR ACTIVITIES, PROGRAMS AND FACILITIES OF GREENWOOD COMMUNITY SCHOOLS. 3. TO ENGAGE IN ALL ACTIVITIES NECESSARY OR APPROPRIATE TO RAISE FUNDS FOR THE PURPOSES OF THE CORPORATION, INCLUDING, BUT NOT LIMITED TO, THE SOLICITATION OF DIRECT OR INDIRECT CONTRIBUTION FROM PUBLIC AND PRIVATE SOURCES WHEREVER LOCATED.
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 Education organizations in Indiana.
| Position | Total |
|---|---|
Executive Di 10th to 25th percentile | $46k $49k |
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.
Top pay as a share of expenses
In 2024, the highest total compensation at GREENWOOD EDUCATION FOUNDATION equaled 30% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education 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.
Chief Executive Officer pay rose 431% from 2023 to 2024, while revenue rose 168%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about GREENWOOD EDUCATION FOUNDATION
What does the Chief Executive Officer of GREENWOOD EDUCATION FOUNDATION earn?
In 2024, the Chief Executive Officer of GREENWOOD EDUCATION FOUNDATION received $45,833 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Education organizations in Indiana, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at GREENWOOD EDUCATION FOUNDATION compare with similar nonprofits?
Compared with the same role at Education organizations in Indiana, the 2024 pay of the Chief Executive Officer at GREENWOOD EDUCATION FOUNDATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at GREENWOOD EDUCATION FOUNDATION equaled 30% of the organization's total expenses. The median for education organizations is 7%.
What are GREENWOOD EDUCATION FOUNDATION's revenue and expenses?
In 2024, GREENWOOD EDUCATION FOUNDATION reported $307k in total revenue and $152k in total expenses on its IRS Form 990.
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