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Filing year 2024

MICHAEL LASCARIS SCHOLARSHIP TRUST

Chicago, Illinois·EIN 36-7144785·NTEE B82B · Education·501(c)(3)
Total revenue
$341k
Total assets
$2M
Total expenses
$370k
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 6 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Illinois.

Trustee
Board Member
Median to 75th percentile
$35k
$37k
Program Manager
10th to 25th percentilevs Education peers nationwide
$26k
$28k
Trustee
Board Member
10th to 25th percentile
$2k
$2k
Trustee
Board Member
10th to 25th percentile
$2k
$2k
Trustee
Board Member
10th to 25th percentile
$2k
$2k
Trustee
Board Member
10th to 25th percentile
$2k
$2k

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 Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MICHAEL LASCARIS SCHOLARSHIP TRUST equaled 9% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
9%
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.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$206k

Itemized grants

2

Median grant

$103k

Up 8%
from 2023

From $32k in 2023 to $35k in 2024.

$32k
2023
$35k
2024
In today's dollarsEst.
Up 4% in real terms$35k to $37k

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 8% from 2023 to 2024, while revenue rose 316%.

$32k in 2023 to $35k in 2024.
  • Program Manager pay rose 1% from 2023 to 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 MICHAEL LASCARIS SCHOLARSHIP TRUST

What does the Board Member of MICHAEL LASCARIS SCHOLARSHIP TRUST earn?

In 2024, the Board Member of MICHAEL LASCARIS SCHOLARSHIP TRUST received $34,500 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Education organizations in Illinois, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at MICHAEL LASCARIS SCHOLARSHIP TRUST compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2024 pay of the Board Member at MICHAEL LASCARIS SCHOLARSHIP TRUST falls between the median and the 75th percentile. In 2024, the highest total compensation at MICHAEL LASCARIS SCHOLARSHIP TRUST equaled 9% of the organization's total expenses. The median for education organizations is 7%.

What are MICHAEL LASCARIS SCHOLARSHIP TRUST's revenue and expenses?

In 2024, MICHAEL LASCARIS SCHOLARSHIP TRUST reported $341k in total revenue and $370k 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.