THE ORGANIZATION IS A CHARITABLE TRUST THAT WAS CREATED UNDER THE WILL OF MARGARET BLOOM WHOSE DATE OF DEATH WAS SEPTEMBER 29, 1981. THE TRUST PROVIDES THAT THE ASSETS OF THE TRUST ARE TO BE HELD IN TRUST BY THE TRUSTEE FOR THE USE AND BENEFIT OF THE UNIVERSITY OF ILLINOIS FOUNDATION IN PROVIDING SCHOLARSHIPS AT THE UNIVERSITY OF ILLINOIS, URBANA, ILLINOIS. DISTRIBUTIONS FROM THE TRUST ARE TO BE USED SOLELY FOR THE EDUCATION AND MAINTENANCE OF STUDENTS AT THE UNIVERSITY OF ILLINOIS WHO MEET CERTAIN CONDITIONS PROVIDED FOR THEIR COLLEGE EDUCATION.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations in Illinois.
| Position | Total |
|---|---|
Trustee Board Member Above 90th percentile | $122k $131k |
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 MARGARET BLOOM TRUST 1045000013 equaled 18% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 12%
from 2023
From $109k in 2023 to $122k 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 12% from 2023 to 2024, while revenue fell 35%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
MARGARET BLOOM TRUST 1045000013 reported revenue and expenses across 2 filing years.
What Education executives earn in Illinois
Comparable education organizations in Illinois pay their highest-earning executive a median of $80,294.
These are education sector-wide figures, not this organization's reported pay. Based on 925 organizations across 925 filings (2021 – 2024).
See full Education pay data for Illinois →Common questions about MARGARET BLOOM TRUST 1045000013
What does the Board Member of MARGARET BLOOM TRUST 1045000013 earn?
In 2024, the Board Member of MARGARET BLOOM TRUST 1045000013 received $122,030 in total compensation. This pay is in the top 10% for Board Member roles among Education organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board Member pay at MARGARET BLOOM TRUST 1045000013 compare with similar nonprofits?
Compared with the same role at Education organizations in Illinois, the 2024 pay of the Board Member at MARGARET BLOOM TRUST 1045000013 falls in the top 10%. In 2024, the highest total compensation at MARGARET BLOOM TRUST 1045000013 equaled 18% of the organization's total expenses. The median for education organizations is 7%.
What are MARGARET BLOOM TRUST 1045000013's revenue and expenses?
In 2024, MARGARET BLOOM TRUST 1045000013 reported $773k in total revenue and $683k in total expenses on its IRS Form 990.
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