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Filing year 2023

MCMAHON-PARATER SCHOLARSHIP FOUNDATION

Richmond, Virginia·EIN 26-1830477·NTEE X192 · Religion-Related·501(c)(3)
Total revenue
$6.1M
Total assets
$6.2M
Total expenses
$10.5M
Reported officers
15
Mission

TO PROVIDE FINANCIAL ASSISTANCE TO THE CATHOLIC SCHOOLS WITHIN THE GEOGRAPHICAL CONFINES OF THE ROMAN CATHOLIC DIOCESE OF RICHMOND.

Executive compensation

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Religion-Related organizations nationwide.

Executive Director
Median to 75th percentilevs Religion-Related peers in Virginia
$81k
$88k
Chief Financial Officer
Median to 75th percentile
$61k
$66k
President
10th to 25th percentilevs Religion-Related peers in Virginia
$33k
$36k
Former President
Former Officer/director/trustee
25th percentile to median
$28k
$31k
Former President
Former Officer/director/trustee
25th percentile to median
$26k
$28k
Sole Member
Board Member
25th percentile to median
$23k
$25k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Religion-Related

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MCMAHON-PARATER SCHOLARSHIP FOUNDATION equaled 0.8% of the organization's total expenses. The median for religion-related organizations is 18%.

This organization (2023)
0.8%
Sector median
18%
Middle half of sector
8% to 34%

Based on 11,129 religion-related organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MCMAHON-PARATER SCHOLARSHIP FOUNDATION

What does the Chief Executive Officer of MCMAHON-PARATER SCHOLARSHIP FOUNDATION earn?

In 2023, the Chief Executive Officer of MCMAHON-PARATER SCHOLARSHIP FOUNDATION received $80,652 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Religion-Related organizations in Virginia, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MCMAHON-PARATER SCHOLARSHIP FOUNDATION compare with similar nonprofits?

Compared with the same role at Religion-Related organizations in Virginia, the 2023 pay of the Chief Executive Officer at MCMAHON-PARATER SCHOLARSHIP FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at MCMAHON-PARATER SCHOLARSHIP FOUNDATION equaled 0.8% of the organization's total expenses. The median for religion-related organizations is 18%.

What are MCMAHON-PARATER SCHOLARSHIP FOUNDATION's revenue and expenses?

In 2023, MCMAHON-PARATER SCHOLARSHIP FOUNDATION reported $6.1M in total revenue and $10.5M in total expenses on its IRS Form 990.

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