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Filing year 2024

Liberty Fund Inc

Carmel, Indiana·EIN 35-1320021·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$56.9M
Total assets
$396.6M
Total expenses
$18.3M
Reported officers
15

Executive compensation

Form 990-PF · Part VIII · 15 reported individuals · Filing year 2024

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

Director, President & CEO
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Indiana
$543k
$584k
VP & CTO
Board Vice President
Above 90th percentile
$323k
$347k
Director; SVP & Pierre F Goodrich Resident Scholar
Senior Vice President
75th to 90th percentile
$304k
$327k
Secretary-treasurer
Board Treasurer
Above 90th percentile
$242k
$261k
VP & COO
75th to 90th percentile
$230k
$247k
Director and Consultant
Unclassified
$193k
$208k
Asst Secy, Special Projects and Office Mgr
Office Manager
Median to 75th percentilevs all sectors nationwide
$106k
$114k
Director, Chairman
Board Chair
75th to 90th percentile
$90k
$97k
Director
Unclassified
$60k
$64k
Director
Unclassified
$58k
$62k
Director
Unclassified
$53k
$57k
Director
Unclassified
$51k
$55k
Director
Unclassified
$51k
$55k
Director
Unclassified
$51k
$55k
Controller
10th to 25th percentile
$46k
$49k

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 2024, the highest total compensation at Liberty Fund Inc 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

$0

Itemized grants

0

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Climbed 34%
over 3 years

From $406k in 2021 to $543k in 2024.

$406k
2021
$436k
2023
$543k
2024
In today's dollarsEst.
Up 16% in real terms$503k to $584k

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

Chief Executive Officer pay rose 34% from 2021 to 2024, while revenue rose 41%.

$406k in 2021 to $543k in 2024.
  • Board Vice President pay rose 33% from 2023 to 2024.
  • Senior Vice President pay rose 6% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 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.

FAQ

Common questions about Liberty Fund Inc

What does the Chief Executive Officer of Liberty Fund Inc earn?

In 2024, the Chief Executive Officer of Liberty Fund Inc received $543,034 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Liberty Fund Inc compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2024 pay of the Chief Executive Officer at Liberty Fund Inc falls in the top 10%. In 2024, the highest total compensation at Liberty Fund Inc equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Liberty Fund Inc's revenue and expenses?

In 2024, Liberty Fund Inc reported $56.9M in total revenue and $18.3M 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.