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Filing year 2024

MILDRED A ECKSTROM MEMORIAL FUND

Normal, Illinois·EIN 47-7422410·NTEE T90 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$20k
Total assets
$577k
Total expenses
$19k
Reported officers
1
Mission

TO PROVIDE COLLEGE SCHOLARSHIPS FOR GRADUATES OF PRINCETON HIGH SCHOOL, IN PRINCETON, ILLINOIS, WHOSE INTERESTS LIE IN THE COMMERCIAL CURRICULUM.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · 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
25th percentile to median
$7k
$8k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MILDRED A ECKSTROM MEMORIAL FUND equaled 38% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
38%
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.

Pay for the position

Board Member pay rose 24% from 2023 to 2024, while revenue fell 45%.

$6k in 2023 to $7k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Financial trend

Revenue and expenses over time

MILDRED A ECKSTROM MEMORIAL FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$36k
$23k
2023
$20k
$19k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Illinois

Comparable philanthropy, voluntarism & grantmaking organizations in Illinois pay their highest-earning executive a median of $20,738.

25th percentile
$7k
Median
$20,738
75th percentile
$60k
90th percentile
$148k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 2,342 organizations across 2,342 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Illinois
FAQ

Common questions about MILDRED A ECKSTROM MEMORIAL FUND

What does the Board Member of MILDRED A ECKSTROM MEMORIAL FUND earn?

In 2024, the Board Member of MILDRED A ECKSTROM MEMORIAL FUND received $7,193 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at MILDRED A ECKSTROM MEMORIAL FUND compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2024 pay of the Board Member at MILDRED A ECKSTROM MEMORIAL FUND falls between the 25th percentile and the median. In 2024, the highest total compensation at MILDRED A ECKSTROM MEMORIAL FUND equaled 38% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MILDRED A ECKSTROM MEMORIAL FUND's revenue and expenses?

In 2024, MILDRED A ECKSTROM MEMORIAL FUND reported $20k in total revenue and $19k in total expenses on its IRS Form 990.

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