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Filing year 2024

MARGARET BLOOM TRUST 1045000013

Champaign, Illinois·EIN 37-6224584·NTEE B114 · Education·501(c)(3)
Total revenue
$773k
Total assets
$9.3M
Total expenses
$683k
Reported officers
1
Mission

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.

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.

Browse compensation in Education

Pay in context

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%.

This organization (2024)
18%
Sector median
7%
Middle half of sector
2% to 17%

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.

$109k
2023
$122k
2024
In today's dollarsEst.
Up 9% in real terms$120k to $131k

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

Board Member pay rose 12% from 2023 to 2024, while revenue fell 35%.

$109k in 2023 to $122k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MARGARET BLOOM TRUST 1045000013 reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.2M
$666k
2023
$773k
$683k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Illinois

Comparable education organizations in Illinois pay their highest-earning executive a median of $80,294.

25th percentile
$28k
Median
$80,294
75th percentile
$173k
90th percentile
$306k

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
FAQ

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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