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 Public & Societal Benefit organizations nationwide.
| Position | Total |
|---|---|
Trustee Board Member Median to 75th percentile | $44k $48k |
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.
Top pay as a share of expenses
In 2024, the highest total compensation at LAKE CHARITABLE equaled 21% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
Based on 2,608 public & societal benefit 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
$140k
Itemized grants
12
Median grant
$12k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| FLORIDA INTERNATIONAL UNIVERSITY FBO ASHLEY CORDOVA | MIAMI, FL | SCHOLARSHIP | $15k |
| UNIVERSITY OF CONNECTICUT FBO ANDERSON DA SILVA | STORRS, CT | SCHOLARSHIP | $15k |
| RENSSELAER POLYTECHNIC INSTITUTE FBO JONNATHAN JARAMILLO | TROY, NY | SCHOLARSHIP | $15k |
| BENTLEY UNIVERSITY FBO JEREMY MATUTE-SALAZAR | WALTHAM, MA | SCHOLARSHIP | $15k |
| WESTERN CONNECTICUT STATE UNIVERSITY FBO YASIRIS PUNTIEL | DANBURY, CT | SCHOLARSHIP | $15k |
| UNIVERSITY OF CONNECTICUT FBO RAFI KARIM | STORRS, CT | SCHOLARSHIP | $12k |
| UNIVERSITY OF TAMPA FBO CORINNE WHELCHEL | TAMPA, FL | SCHOLARSHIP | $12k |
| UNIVERSITY OF CONNECTICUT FBO NADIA ALAMI | STORRS, CT | SCHOLARSHIP | $8k |
| WESTERN CONNECTICUT STATE UNIVERSITY FBO XAVIER CARCARE | DANBURY, CT | SCHOLARSHIP | $8k |
| UNIVERSITY OF CONNECTICUT FBO MATTHEW GUERTIN | STORRS, CT | SCHOLARSHIP | $8k |
| SOUTHERN CONNECTICUT UNIVERSITY FBO KENNETH SALEM | NEW HAVEN, CT | SCHOLARSHIP | $8k |
| BINGHAMTON UNIVERSITY FBO KAYLA TOMASIK | BINGHAMTON, NY | SCHOLARSHIP | $8k |
Up 13%
from 2023
From $39k in 2023 to $44k in 2024.
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.
Board Member pay rose 13% from 2023 to 2024, while revenue rose 50%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), 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.
Common questions about LAKE CHARITABLE
What does the Board Member of LAKE CHARITABLE earn?
In 2024, the Board Member of LAKE CHARITABLE received $44,180 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Public & Societal Benefit organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at LAKE CHARITABLE compare with similar nonprofits?
Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Board Member at LAKE CHARITABLE falls between the median and the 75th percentile. In 2024, the highest total compensation at LAKE CHARITABLE equaled 21% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
What are LAKE CHARITABLE's revenue and expenses?
In 2024, LAKE CHARITABLE reported $498k in total revenue and $210k in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
How to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read moreAre Nonprofit Salaries Public?
What IRS Form 990 discloses about executive compensation, who has to report it, and how to look it up.
Read moreHow to Benchmark Nonprofit Executive Compensation
A step-by-step approach to using IRS Form 990 data for compensation benchmarking and peer comparison.
Read more