SEE SCHEDULE OTHE MARINE CORPS SCHOLARSHIP FOUNDATION IS THE NATION'S OLDEST AND LARGEST PROVIDER OF NEED-BASED SCHOLARSHIPS TO MILITARY CHILDREN. FOUNDED IN 1962, THE MARINE CORPS SCHOLARSHIP FOUNDATION PROVIDES ACCESS TO EDUCATION FOR THE CHILDREN OF MARINES, NAVY CORPSMEN, AND RELIGIOUS PROGRAM SPECIALISTS ATTENDING POST-HIGH SCHOOL, UNDERGRADUATE, AND CAREER TECHNICAL EDUCATION PROGRAMS. THROUGHOUT OUR HISTORY, WE HAVE AWARDED NEARLY 60,000 SCHOLARSHIPS VALUED AT MORE THAN $220 MILLION. EVERY QUALIFIED STUDENT WHO HAS APPLIED HAS RECEIVED AID.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Virginia.
- Base
- $280k
- Bonus
- $52k
- Other
- —
- Benefits
- $4k
- Base
- $215k
- Bonus
- —
- Other
- —
- Benefits
- $15k
- Base
- $214k
- Bonus
- —
- Other
- —
- Benefits
- $960
- Base
- $177k
- Bonus
- —
- Other
- —
- Benefits
- $15k
- Base
- $175k
- Bonus
- $5k
- Other
- —
- Benefits
- $10k
- Base
- $143k
- Bonus
- —
- Other
- —
- Benefits
- $9k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President and CEO 75th to 90th percentile | $280k | $52k | — | $4k | $353k $387k |
Chief Financial Officer 75th to 90th percentile | $215k | — | — | $15k | $238k $260k |
Chief Operating Officer Median to 75th percentile | $214k | — | — | $960 | $226k $247k |
Chief Advancement Officer Highest Compensated Employee Median to 75th percentile | $177k | — | — | $15k | $201k $221k |
Chief Scholarship Officer Highest Compensated Employee Median to 75th percentile | $175k | $5k | — | $10k | $199k $218k |
Director of Development Median to 75th percentilevs Education peers nationwide | $143k | — | — | $9k | $159k $174k |
Director of National Events Highest Compensated Employee 25th percentile to median | — | — | — | — | $149k $163k |
Director of Communications Director (Operational) Median to 75th percentile | — | — | — | — | $142k $156k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 32 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at MARINE CORPS SCHOLARSHIP FOUNDATION INC equaled 2% 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.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 6%
from 2022
From $331k in 2022 to $353k in 2023.
Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 6% from 2022 to 2023, while revenue fell 5%.
- Chief Financial Officer pay rose 61% from 2022 to 2023.
- Chief Operating Officer pay rose 11% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MARINE CORPS SCHOLARSHIP FOUNDATION INC
What does the Chief Executive Officer of MARINE CORPS SCHOLARSHIP FOUNDATION INC earn?
In 2023, the Chief Executive Officer of MARINE CORPS SCHOLARSHIP FOUNDATION INC received $352,864 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Virginia, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MARINE CORPS SCHOLARSHIP FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Education organizations in Virginia, the 2023 pay of the Chief Executive Officer at MARINE CORPS SCHOLARSHIP FOUNDATION INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at MARINE CORPS SCHOLARSHIP FOUNDATION INC equaled 2% of the organization's total expenses. The median for education organizations is 7%.
What are MARINE CORPS SCHOLARSHIP FOUNDATION INC's revenue and expenses?
In 2023, MARINE CORPS SCHOLARSHIP FOUNDATION INC reported $21.3M in total revenue and $21M in total expenses on its IRS Form 990.
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