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Filing year 2023

JULIUS W HEGELER II FOUNDATION

Danville, Illinois·EIN 37-1302455·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$3.8M
Total assets
$55.9M
Total expenses
$3.2M
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2023

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

Executive Director
25th percentile to median
$94k
$104k
President/director
Board President
10th to 25th percentile
$9k
$10k
Secretary
Board Secretary
25th percentile to median
$9k
$10k
Director
Unclassified
$9k
$10k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at JULIUS W HEGELER II FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
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 2023 Form 990-PF, Part XV.

Total granted

$2.4M

Itemized grants

14

Median grant

$60k

RecipientLocationPurposeAmount
DANVILLE AREA COMMUNITY COLLEGE FOUNDATIONDANVILLE, ILSUPPORT EDUCATIONAL PROGRAMS$1M
EAST CENTRAL ILLINOIS ATHLETIC ASSOCIATIONDANVILLE, ILSUPPORT FOR LIGHT PROJECT$746k
DAVID S PALMER ARENADANVILLE, ILSUPPORT FOR LOCAL ARENA$190k
DANVILLE PUBLIC LIBRARYDANVILLE, ILSUPPORT FOR LOCAL COMMUNITY DEVELOPMENT$153k
PROJECT SUCCESS OF VERMILION COUNTY INCDANVILLE, ILSUPPORT FOR LOCAL COMMUNITY DEVELOPMENT$102k
VERMILION COUNTY MUSEUMDANVILLE, ILSUPPORT FOR LOCAL COMMUNITY DEVELOPMENT$69k
GREATER CHAMPAIGN COUNTY AMBUCSURBANA, ILSUPPORT FOR LOCAL COMMUNITY DEVELOPMENT$60k
UNITED WAY OF DANVILLEDANVILLE, ILSUPPORT FOR LOCAL COMMUNITY DEVELOPMENT$60k
MILLIKIN UNIVERSITYDECATUR, ILLANDSCAPING PROJECT$30k
DANVILLE PUBLIC SCHOOL FOUNDATIONDANVILLE, ILSUPPORT FOR 365 CLUB$10k
HEGELER CARUS FOUNDATIONPERU, ILSUPPORT FOR LOCAL COMMUNITY DEVELOPMENT$10k
SCHLARMAN ACADEMYDANVILLE, ILSUPPORT OF CATHOLIC EDUCATION$10k
OSF HEALTHCARE FOUNDATIONDANVILLE, ILSUPPORT LOCAL HOSPITAL$5k
VERMILION FESTIVAL CHORUSDANVILLE, ILSUPPORT OF COMMUNITY EVENT$4k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), 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 JULIUS W HEGELER II FOUNDATION

What does the Chief Executive Officer of JULIUS W HEGELER II FOUNDATION earn?

In 2023, the Chief Executive Officer of JULIUS W HEGELER II FOUNDATION received $94,000 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at JULIUS W HEGELER II FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2023 pay of the Chief Executive Officer at JULIUS W HEGELER II FOUNDATION falls between the 25th percentile and the median. In 2023, the highest total compensation at JULIUS W HEGELER II FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are JULIUS W HEGELER II FOUNDATION's revenue and expenses?

In 2023, JULIUS W HEGELER II FOUNDATION reported $3.8M in total revenue and $3.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.