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Filing year 2024

INSURANCE INDUSTRY CHARITABLE FOUNDATION

Los Angeles, California·EIN 20-1240972·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$7M
Total assets
$4.4M
Total expenses
$7.2M
Reported officers
41
Mission

THE INSURANCE INDUSTRY CHARITABLE FOUNDATION SEEKS TO HELP COMMUNITIES AND ENRICH LIVES BY COMBING THE COLLECTIVE STRENGTHS OF THE INDUSTRY TO PROVIDE GRANTS, VOLUNTEER SERVICE AND LEADERSHIP.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

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

CEO
Above 90th percentile
$522k
$559k
Base
$315k
Bonus
$165k
Other
Benefits
$28k
Executive Director
75th to 90th percentile
$356k
$381k
Base
$235k
Bonus
$73k
Other
Benefits
$39k
VP Communications
Board Vice President
75th to 90th percentile
$243k
$260k
Base
$146k
Bonus
$50k
Other
Benefits
$41k
Chief Financial Officer
75th to 90th percentile
$230k
$246k
Base
$146k
Bonus
$50k
Other
Benefits
$28k
Executive Director
Median to 75th percentile
$223k
$239k
Base
$140k
Bonus
$50k
Other
Benefits
$27k
Executive Director
Median to 75th percentile
$214k
$229k
Base
$140k
Bonus
$55k
Other
Benefits
$13k
Executive Director
Median to 75th percentile
$204k
$218k
Base
$133k
Bonus
$35k
Other
Benefits
$31k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 34 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 INSURANCE INDUSTRY CHARITABLE FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
7%
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.

Up 12%
from 2023

From $465k in 2023 to $522k in 2024.

$465k
2023
$522k
2024
In today's dollarsEst.
Up 9% in real terms$514k to $559k

Estimated with Los Angeles-Long Beach-Anaheim, CA 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

Chief Executive Officer pay rose 12% from 2023 to 2024, while revenue rose 8%.

$465k in 2023 to $522k in 2024.
  • Board Vice President pay rose 39% from 2023 to 2024.
  • Chief Financial Officer pay rose 28% 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 INSURANCE INDUSTRY CHARITABLE FOUNDATION

What does the Chief Executive Officer of INSURANCE INDUSTRY CHARITABLE FOUNDATION earn?

In 2024, the Chief Executive Officer of INSURANCE INDUSTRY CHARITABLE FOUNDATION received $522,186 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in California: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INSURANCE INDUSTRY CHARITABLE FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in California, the 2024 pay of the Chief Executive Officer at INSURANCE INDUSTRY CHARITABLE FOUNDATION falls in the top 10%. In 2024, the highest total compensation at INSURANCE INDUSTRY CHARITABLE FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are INSURANCE INDUSTRY CHARITABLE FOUNDATION's revenue and expenses?

In 2024, INSURANCE INDUSTRY CHARITABLE FOUNDATION reported $7M in total revenue and $7.2M in total expenses on its IRS Form 990.

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