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Filing year 2024

MARTIN & MARY KILPATRICK FUND FBO

Chicago, Illinois·EIN 20-8153517·NTEE B82 · Education·501(c)(3)
Total revenue
$60k
Total assets
$636k
Total expenses
$61k
Reported officers
2
Mission

TO SUPPORT THE ILLINOIS INSTITUTE OF TECHNOLOGY

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Co-trustee
Institutional Trustee
$9k
$10k

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.

Plus 1 unpaid individual.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MARTIN & MARY KILPATRICK FUND FBO equaled 15% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
15%
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.

Pay for the position

Institutional Trustee pay rose 11% from 2022 to 2024, while revenue rose 80%.

$8k in 2022 to $9k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Financial trend

Revenue and expenses over time

MARTIN & MARY KILPATRICK FUND FBO reported revenue and expenses across 3 filing years.

RevenueExpenses
$33k
$61k
2022
$32k
$62k
2023
$60k
$61k
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 MARTIN & MARY KILPATRICK FUND FBO

What does the Institutional Trustee of MARTIN & MARY KILPATRICK FUND FBO earn?

In 2024, the Institutional Trustee of MARTIN & MARY KILPATRICK FUND FBO received $9,044 in total compensation. Based on IRS Form 990 data.

What are MARTIN & MARY KILPATRICK FUND FBO's revenue and expenses?

In 2024, MARTIN & MARY KILPATRICK FUND FBO reported $60k in total revenue and $61k in total expenses on its IRS Form 990.

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