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Filing year 2023

LEONARD AND DIANE SHERMAN FAMILY FOUNDATION

Chicago, Illinois·EIN 36-4345181·NTEE T113 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$23k
Total assets
$41.2M
Total expenses
$1.2M
Reported officers
11
Mission

THE FOUNDATION IS ORGANIZED TO FOSTER, PROMOTE, SUPPORT, DEVELOP, ENCOURAGE AND MAINTAIN THE BROAD CHARITABLE, EDUCATIONAL AND/OR RELIGIOUS PURPOSE OF, THE JEWISH FEDERATION OF METROPOLITAN CHICAGO, AND THE FOUNDATION AS AUTHORIZED IN THEIR BY-LAWS.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

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

Treasurer
Officer (Unspecified)
$80k
$89k
Assistant Treasurer
25th percentile to median
$48k
$53k
Assistant Treasurer
10th to 25th percentile
$39k
$43k
Secretary
Officer (Unspecified)
$27k
$30k
Director
Board Member
Median to 75th percentile
$23k
$25k

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 6 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LEONARD AND DIANE SHERMAN FAMILY FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
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.

Up 37%
from 2022

From $59k in 2022 to $80k in 2023.

$59k
2022
$80k
2023
In today's dollarsEst.
Up 32% in real terms$67k to $89k

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.

Pay for the position

Chief Financial Officer pay fell 18% from 2022 to 2023, while revenue fell 90%.

$59k in 2022 to $48k in 2023.
  • Board Member pay fell 34% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 LEONARD AND DIANE SHERMAN FAMILY FOUNDATION

What does the Chief Financial Officer of LEONARD AND DIANE SHERMAN FAMILY FOUNDATION earn?

In 2023, the Chief Financial Officer of LEONARD AND DIANE SHERMAN FAMILY FOUNDATION received $48,056 in total compensation. This pay is below the median (the midpoint) for Chief Financial 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 Financial Officer pay at LEONARD AND DIANE SHERMAN FAMILY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2023 pay of the Chief Financial Officer at LEONARD AND DIANE SHERMAN FAMILY FOUNDATION falls between the 25th percentile and the median. In 2023, the highest total compensation at LEONARD AND DIANE SHERMAN FAMILY FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are LEONARD AND DIANE SHERMAN FAMILY FOUNDATION's revenue and expenses?

In 2023, LEONARD AND DIANE SHERMAN FAMILY FOUNDATION reported $23k in total revenue and $1.2M in total expenses on its IRS Form 990.

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