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Filing year 2024

HERMAN & KATHERINE PETERS FOUNDATION CORP

Antioch, Illinois·EIN 36-4180010·NTEE T22Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$2.2M
Total assets
$5.9M
Total expenses
$556k
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.

Director/president
Board President
75th to 90th percentile
$122k
$130k

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 HERMAN & KATHERINE PETERS FOUNDATION CORP equaled 22% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
22%
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

$284k

Itemized grants

70

Median grant

$3k

RecipientLocationPurposeAmount
FOX VALLEY FOOD FOR HEALTHGENEVA, ILCHARITABLE$20k
UNIVERSITY OF CHICAGO FOUNDATIONCHICAGO, ILCHARITABLE$15k
AMERICAN RED CROSSWASHINGTON DC, DCCHARITABLE$10k
CHICAGO COALITION FOR HOMELESSCHICAGO, ILCHARITABLE$10k
FEED THE CHILDRENOKLAHOMA CITY, OKCHARITABLE$10k
FOOD FOR THE POORCOCONUT CREEK, FLCHARITABLE$10k
GLENWOOD ACADEMYGLENWOOD, ILCHARITABLE$10k
NORTHERN ILL FOOD BANKGENEVA, ILCHARITABLE$10k
SALVATION ARMY USACHICAGO, ILCHARITABLE$10k
SILVER BIRCH RANCHWHITE LAKE, WICHARITABLE$10k
ADVOCATE CHARTER FOUNDATIONOAK BROOK, ILCHARITABLE$10k
MD ANDERSON CANCER CENTERHOUSTON, TXCHARITABLE$10k
BENET ACADEMYLOMBARD, ILCHARITABLE$8k
CHILDRENS ONCOLOGY SERVICESCHICAGO, ILCHARITABLE$8k
CONVOY OF HOPESPRINGFIELD, MOCHARITABLE$8k
SCHOLARSHIP AMERICAMINNEAPOLIS, MNCHARITABLE$8k
BRIDGES NFPBARTLETT, ILCHARITABLE$5k
CHILDRENS HOME AND AIDCHICAGO, ILCHARITABLE$5k
FEED MY STARVING CHILDRENCOON RAPIDS, MNCHARITABLE$5k
NW COMM HOSPITAL FOUNDATIONARLINGTON HTS, ILCHARITABLE$5k
WORLD VISIONFEDERAL WAY, WACHARITABLE$5k
BLAIR - UNIVERSITY OF WISCONSINMILWAUKEE, WISCHOLARSHIP$5k
A SAFE PLACEZION, ILCHARITABLE$3k
COMPASSION INTERNATIONALCOLORADO SPRINGS, COCHARITABLE$3k
DUNES LEARNING CENTERPORTER, INCHARITABLE$3k
Compare this foundation's grantees

Up 3%
from 2023

From $118k in 2023 to $122k in 2024.

$118k
2023
$122k
2024
In today's dollarsEst.
Roughly flat in real terms$131k to $130k

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 President pay rose 3% from 2023 to 2024, while revenue rose 1445%.

$118k in 2023 to $122k 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 HERMAN & KATHERINE PETERS FOUNDATION CORP

What does the Board President of HERMAN & KATHERINE PETERS FOUNDATION CORP earn?

In 2024, the Board President of HERMAN & KATHERINE PETERS FOUNDATION CORP received $121,592 in total compensation. This pay is in the top quarter for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at HERMAN & KATHERINE PETERS FOUNDATION CORP compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2024 pay of the Board President at HERMAN & KATHERINE PETERS FOUNDATION CORP falls between the 75th and 90th percentiles. In 2024, the highest total compensation at HERMAN & KATHERINE PETERS FOUNDATION CORP equaled 22% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are HERMAN & KATHERINE PETERS FOUNDATION CORP's revenue and expenses?

In 2024, HERMAN & KATHERINE PETERS FOUNDATION CORP reported $2.2M in total revenue and $556k 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.