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Filing year 2024

IRENE M & MILTON R WEED FOUNDATION

Lake Forest, Illinois·EIN 30-0241901·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$98k
Total assets
$951k
Total expenses
$119k
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Director
Unclassified
$15k
$16k

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 3 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 IRENE M & MILTON R WEED FOUNDATION equaled 13% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
13%
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

$100k

Itemized grants

5

Median grant

$15k

RecipientLocationPurposeAmount
ST CLARE OF MONTEFALCO SCHOOLGROSSE POINTE PARK, MIEDUCATION SCHOLARSHIP$35k
DETROIT CRISTO REY HIGH SCHOOLDETROIT, MIEDUCATION$35k
MOTHERS TRUST FOUNDATIONLAKE FOREST, ILINDIGENT NEEDS$15k
GROSSE POINTE PUBLIC LIBRARYGROSSE POINTE FARMS, MIPUBLIC LIBRARY$10k
CAMP NO LIMITSWALES, MECAMPS FOR CHILDREN WITH LIMB LOSS$5k
Compare this foundation's grantees

Held steady
from 2023

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

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

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.

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 IRENE M & MILTON R WEED FOUNDATION

What are IRENE M & MILTON R WEED FOUNDATION's revenue and expenses?

In 2024, IRENE M & MILTON R WEED FOUNDATION reported $98k in total revenue and $119k 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.