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Filing year 2023

ILLINOIS STATE UNIVERSITY FOUNDATION

Normal, Illinois·EIN 37-6025713·NTEE B110 · Education·501(c)(3)
Total revenue
$36.6M
Total assets
$304.2M
Total expenses
$28M
Reported officers
35
Mission

TO ELEVATE ILLINOIS STATE UNIVERSITY THROUGH THE POWER OF PHILANTHROPY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Illinois.

Executive Director
75th to 90th percentile
$344k
$380k
Base
$296k
Bonus
$21k
Other
$18k
Benefits
$10k
Assistant VP of Developmen
Board Vice President
Median to 75th percentile
$198k
$218k
Base
$190k
Bonus
Other
$2k
Benefits
$6k
Chief Operations Officer
Key Employee
25th percentile to median
$197k
$217k
Base
$189k
Bonus
Other
$1k
Benefits
$6k
Exec. Dir. of Development
Highest Compensated Employee
25th percentile to median
$155k
$171k
Base
$149k
Bonus
Other
$2k
Benefits
$4k
Sr. Dir. of Development
Highest Compensated Employee
25th percentile to median
$146k
$162k
Dir. of Stewardship and Donor Relations
Highest Compensated Employee
25th percentile to median
$142k
$157k
Dir. of Media Relations and Strategic Communicatio
Highest Compensated Employee
25th percentile to median
$139k
$154k

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 28 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ILLINOIS STATE UNIVERSITY FOUNDATION equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
1%
Sector median
7%
Middle half of sector
2% to 17%

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.

Up 8%
from 2022

From $319k in 2022 to $344k in 2023.

$319k
2022
$344k
2023
In today's dollarsEst.
Up 4% in real terms$366k to $380k

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 rose 8% from 2022 to 2023, while revenue rose 71%.

$319k in 2022 to $344k in 2023.
  • Board Vice President pay rose 7% from 2022 to 2023.
  • Highest Compensated Employee pay fell 16% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 ILLINOIS STATE UNIVERSITY FOUNDATION

What does the Chief Executive Officer of ILLINOIS STATE UNIVERSITY FOUNDATION earn?

In 2023, the Chief Executive Officer of ILLINOIS STATE UNIVERSITY FOUNDATION received $343,898 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ILLINOIS STATE UNIVERSITY FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2023 pay of the Chief Executive Officer at ILLINOIS STATE UNIVERSITY FOUNDATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at ILLINOIS STATE UNIVERSITY FOUNDATION equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are ILLINOIS STATE UNIVERSITY FOUNDATION's revenue and expenses?

In 2023, ILLINOIS STATE UNIVERSITY FOUNDATION reported $36.6M in total revenue and $28M in total expenses on its IRS Form 990.

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