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Filing year 2024

JAMES M SCHOONMAKER II FOUNDATION

Chicago, Illinois·EIN 59-6964359·NTEE T70J · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$5.8M
Total assets
$160.9M
Total expenses
$8.4M
Reported officers
2

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.

Trustee
Board Member
Above 90th percentile
$248k
$266k

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 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at JAMES M SCHOONMAKER II FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
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

$7.8M

Itemized grants

26

Median grant

$30k

RecipientLocationPurposeAmount
BELLA MENTE QUANTUM RACING ASSOCIATIONMinneapolis, MNGENERAL SUPPORT$4.3M
NATIONAL SAILING HALL OF FAME & MUSEUM INCANNAPOLIS, MDGENERAL SUPPORT$1M
NCH HEALTHCARE SYSTEMNAPLES, FLGENERAL SUPPORT$1M
GREAT LAKES HISTORICAL SOCIETYVermilion, OHGENERAL SUPPORT$300k
UNITED STATES SAILING FOUNDATIONBRISTOL, RIGENERAL SUPPORT$250k
US SAILING CENTER INCMIAMI, FLGENERAL SUPPORT$226k
NEIGHBORHOOD HEALTH CLINICNAPLES, FLGENERAL SUPPORT$202k
YOUTH SAILING FOUNDATIONVERO BEACH, FLGENERAL SUPPORT$150k
INTERNATIONAL STAR CLASS YACHT RACING ASSOCIATIONSAN DIEGO, CAGENERAL SUPPORT$100k
HUMANE SOCIETY OF NAPLESNAPLES, FLGENERAL SUPPORT$50k
SNIP COLLIERNaples, FLGENERAL SUPPORT$50k
NCH HEALTHCARE FDNNAPLES, FLGENERAL SUPPORT$30k
MYSTIC SEAPORTMYSTIC, CTGENERAL SUPPORT$30k
ORANGE BOWL COMMITTEEMiami, FLGENERAL SUPPORT$30k
NAPLES BOTANICAL GARDENNAPLES, FLGENERAL SUPPORT$25k
COCONUT GROVE SAILING CLUBCOCONUT GROVE, FLGENERAL SUPPORT$25k
SAILING FOUNDATION OF NEW YORKRYE, NYGENERAL SUPPORT$25k
NATIONAL MARITIME HISTORICAL SOCIETYPEEKSKILL, NYGENERAL SUPPORT$20k
HERRESHOFF MARINE MUSEUMBRISTOL, RIGENERAL SUPPORT$10k
SAIL TO PREVAILNEWPORT, RIGENERAL SUPPORT$10k
GOLDEN PAWS ASSISTANCE DOGS INCNaples, FLGENERAL SUPPORT$10k
HARRY CHAPIN FOOD BANKFORT MYERS, FLGENERAL SUPPORT$10k
GREATER MONESSEN HISTORICAL SOCIETYMONESSEN, PAGENERAL SUPPORT$5k
VMI FOUNDATION INCLEXINGTON, VAGENERAL SUPPORT$2k
KAPPA KAPPA GAMMADUBLIN, OHGENERAL SUPPORT$2k
Compare this foundation's grantees

Up 4%
from 2023

From $237k in 2023 to $248k in 2024.

$237k
2023
$248k
2024
In today's dollarsEst.
Up 2% in real terms$262k to $266k

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

Board Member pay rose 4% from 2023 to 2024.

$237k in 2023 to $248k 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 ($150M - $1B), 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.

1
COLCOM FOUNDATION2023
$452k
2
JAMES M SCHOONMAKER II FOUNDATION2024
$248k
Compare compensation across all Philanthropy, Voluntarism & Grantmaking organizations
FAQ

Common questions about JAMES M SCHOONMAKER II FOUNDATION

What does the Board Member of JAMES M SCHOONMAKER II FOUNDATION earn?

In 2024, the Board Member of JAMES M SCHOONMAKER II FOUNDATION received $247,696 in total compensation. This pay is in the top 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at JAMES M SCHOONMAKER II FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2024 pay of the Board Member at JAMES M SCHOONMAKER II FOUNDATION falls in the top 10%. In 2024, the highest total compensation at JAMES M SCHOONMAKER II FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are JAMES M SCHOONMAKER II FOUNDATION's revenue and expenses?

In 2024, JAMES M SCHOONMAKER II FOUNDATION reported $5.8M in total revenue and $8.4M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.