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Filing year 2023

M E Raker Foundation Inc

Fort Wayne, Indiana·EIN 31-1040474·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$503k
Total assets
$10.7M
Total expenses
$623k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2023

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

President
Board President
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Indiana
$30k
$33k
Secretary
Board Secretary
Median to 75th percentile
$30k
$33k
Treasurer
Board Treasurer
Median to 75th percentile
$18k
$20k

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 M E Raker Foundation Inc equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
5%
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

$477k

Itemized grants

62

Median grant

$8k

RecipientLocationPurposeAmount
Easter Seals ARC of NE IndianaFort Wayne, INPerson Centered Employment$20k
Fort Wayne Railroad Historical SocietyFort Wayne, INRestoration of Pleasant Lake Station$15k
Turnstone CenterFort Wayne, INOperating support$15k
Science CentralFort Wayne, INOperating support$12k
Anthony Wayne Area Council Boy ScoutsFort Wayne, INScout reach community outreach program$10k
Associated Churches of Fort Wayne and Allen CountyFort Wayne, INFoodbank program$10k
Bishop Luers High SchoolFort Wayne, INScholarships$10k
Bishop Dwenger High SchoolFort Wayne, INScholarships$10k
Bridge of Grace Compoassionate MinistriesFort Wayne, INOperating Support$10k
Cancer Services of Northeast IndianaFort Wayne, INClient Advocate Program$10k
CHILLFort Wayne, INThe Courtyard$10k
Community Harvest Food Bank of NE IndianaFort Wayne, INEquipment$10k
Community Transportation NetworkFort Wayne, INDoubling Capacity for Tomorrow Campaign$10k
Courageous HealingFort Wayne, INMeanth Health Program$10k
Friends of the Ashbrook CenterAshland, OHAshbrook Scholar Program$10k
Homebound Meals IncFort Wayne, INMeal delivery program$10k
Interfaith Hospitality NetworkFort Wayne, INHomeless intervention services$10k
Lutheran Social ServicesFort Wayne, INLSSI Works Program$10k
Mental Health AmericaFort Wayne, INGuardianship Program$10k
Neighbor Link Fort WayneFort Wayne, INHome accessability program$10k
Lutheran Life VillagesFort Wayne, INWalking path repairs$10k
Stillwater HospiceFort Wayne, INReplace bed frames$10k
The LeagueFort Wayne, INYouth services program$10k
Wellspring Interfaith Social ServicesFort Wayne, INProgram for older and disabled adults$10k
World Baseball AcademyFort Wayne, INProgram support$10k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), 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 M E Raker Foundation Inc

What does the Board President of M E Raker Foundation Inc earn?

In 2023, the Board President of M E Raker Foundation Inc received $30,000 in total compensation. This pay is above the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board President pay at M E Raker Foundation Inc compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2023 pay of the Board President at M E Raker Foundation Inc falls between the median and the 75th percentile. In 2023, the highest total compensation at M E Raker Foundation Inc equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are M E Raker Foundation Inc's revenue and expenses?

In 2023, M E Raker Foundation Inc reported $503k in total revenue and $623k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.