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Filing year 2024

MASTER EDUCATIONAL ASSISTANCE FOUNDATION

Oak Park, Illinois·EIN 36-3542174·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$169k
Total assets
$3.3M
Total expenses
$415k
Reported officers
2

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

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

Director
Unclassified
$48k
$51k
Executive Director
Below 10th percentile
$10k
$11k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, 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 2024, the highest total compensation at MASTER EDUCATIONAL ASSISTANCE FOUNDATION equaled 12% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
12%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,948 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 2024 Form 990-PF, Part XV.

Total granted

$329k

Itemized grants

56

Median grant

$3k

RecipientLocationPurposeAmount
Christ the Kng College PrepChicago, ILContributior$26k
Liberty Forever FoundationChicago, ILContributior$25k
University of IllinoisUrbana, ILScholarship$24k
University of ChicagoChicago, ILScholarship$23k
Pilsen Promise ProjectChicago, ILContributior$21k
Frieda Inc FoundationWheeling, ILContributior$20k
Resilience PartnersChicago, ILContributior$18k
St Frances of RomeCicero, ILContributior$15k
Center for Integrated ArtsTowson, MDContributior$10k
St Agnes of BohemiaChicago, ILContributior$9k
Illinois CollegeJacksonville, ILScholarship$9k
University of MarylandBaltimore, MDScholarship$8k
Chicago Police Memorial FoundationChicago, ILContributior$8k
Chicago Police Marine Corp LGChicago, ILContributior$8k
Lansing High SchoolLansing, MIScholarship$7k
American Brain Tumor AssociationChicago, ILContributior$7k
St Pius V SchoolChicago, ILScholarship$7k
St Catherine UniversitySt Paul, MNScholarship$6k
St Plus V SchoolChicago, ILContributior$6k
St Andrew Lutheran SchoolPark Ridge, ILScholarship$5k
Lifetough Kids FoundationChcicago, ILContributior$5k
ABC Pilsen AthleticsChicago, ILContributior$5k
Illinois State UniversityNormal, ILScholarship$4k
St Grand SchoolLansing, MIScholarship$4k
Brotherhood for FallenChicago, ILContributior$4k
Compare this foundation's grantees

Up 7%
from 2023

From $45k in 2023 to $48k in 2024.

$45k
2023
$48k
2024
In today's dollarsEst.
Up 3% in real terms$50k to $51k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay held roughly steady from 2023 to 2024, while revenue fell 9%.

$10k in 2023 to $10k 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.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), 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 MASTER EDUCATIONAL ASSISTANCE FOUNDATION

What does the Chief Executive Officer of MASTER EDUCATIONAL ASSISTANCE FOUNDATION earn?

In 2024, the Chief Executive Officer of MASTER EDUCATIONAL ASSISTANCE FOUNDATION received $10,000 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MASTER EDUCATIONAL ASSISTANCE FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2024 pay of the Chief Executive Officer at MASTER EDUCATIONAL ASSISTANCE FOUNDATION falls in the bottom 10%. In 2024, the highest total compensation at MASTER EDUCATIONAL ASSISTANCE FOUNDATION equaled 12% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MASTER EDUCATIONAL ASSISTANCE FOUNDATION's revenue and expenses?

In 2024, MASTER EDUCATIONAL ASSISTANCE FOUNDATION reported $169k in total revenue and $415k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.