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Filing year 2024

MAXWELL M CORPENING JR MEMORIAL TRUST

Chicago, Illinois·EIN 36-6479344·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$910k
Total assets
$10.4M
Total expenses
$828k
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.

Trustee
Board Member
Above 90th percentile
$119k
$128k
Co-trustee
Unclassified
$71k
$76k

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 MAXWELL M CORPENING JR MEMORIAL TRUST equaled 14% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
14%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 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

$622k

Itemized grants

1

Median grant

$622k

RecipientLocationPurposeAmount
MAXWELL M CORPENING JR MEMORIAL FDN C/O W HILL EVANSMARION, NCGENERAL$622k

Up 4%
from 2023

From $115k in 2023 to $119k in 2024.

$115k
2023
$119k
2024
In today's dollarsEst.
Up 1% in real terms$127k to $128k

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

Board Member pay rose 4% from 2023 to 2024, while revenue rose 55%.

$115k in 2023 to $119k 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 ($10M - $25M), 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 MAXWELL M CORPENING JR MEMORIAL TRUST

What does the Board Member of MAXWELL M CORPENING JR MEMORIAL TRUST earn?

In 2024, the Board Member of MAXWELL M CORPENING JR MEMORIAL TRUST received $119,447 in total compensation. This pay is in the top 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at MAXWELL M CORPENING JR MEMORIAL TRUST compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2024 pay of the Board Member at MAXWELL M CORPENING JR MEMORIAL TRUST falls in the top 10%. In 2024, the highest total compensation at MAXWELL M CORPENING JR MEMORIAL TRUST equaled 14% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MAXWELL M CORPENING JR MEMORIAL TRUST's revenue and expenses?

In 2024, MAXWELL M CORPENING JR MEMORIAL TRUST reported $910k in total revenue and $828k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.