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Filing year 2024

IMA V BLAKE SCHOLARSHIP FUND XXXXX5006

Chicago, Illinois·EIN 55-6066592·NTEE B82Z · Education·501(c)(3)
Total revenue
$53k
Total assets
$660k
Total expenses
$55k
Reported officers
1

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 Education organizations in Illinois.

Trustee
Board Member
25th percentile to median
$16k
$17k

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.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at IMA V BLAKE SCHOLARSHIP FUND XXXXX5006 equaled 28% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
28%
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.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$38k

Itemized grants

1

Median grant

$38k

RecipientLocationPurposeAmount
MARSHALL UNIVERSITY FOUNDATION INCHUNTINGTON, WVGENERAL$38k

Up 6%
from 2023

From $15k in 2023 to $16k in 2024.

$15k
2023
$16k
2024
In today's dollarsEst.
Up 3% in real terms$16k to $17k

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 rose 6% from 2023 to 2024, while revenue rose 25%.

$15k in 2023 to $16k 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 (Under $1M), 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 IMA V BLAKE SCHOLARSHIP FUND XXXXX5006

What does the Board Member of IMA V BLAKE SCHOLARSHIP FUND XXXXX5006 earn?

In 2024, the Board Member of IMA V BLAKE SCHOLARSHIP FUND XXXXX5006 received $15,698 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Education organizations in Illinois, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at IMA V BLAKE SCHOLARSHIP FUND XXXXX5006 compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2024 pay of the Board Member at IMA V BLAKE SCHOLARSHIP FUND XXXXX5006 falls between the 25th percentile and the median. In 2024, the highest total compensation at IMA V BLAKE SCHOLARSHIP FUND XXXXX5006 equaled 28% of the organization's total expenses. The median for education organizations is 7%.

What are IMA V BLAKE SCHOLARSHIP FUND XXXXX5006's revenue and expenses?

In 2024, IMA V BLAKE SCHOLARSHIP FUND XXXXX5006 reported $53k in total revenue and $55k in total expenses on its IRS Form 990.

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