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Filing year 2024

PALMER CHARITABLE TRUST MELVIN & MARY

Chicago, Illinois·EIN 20-6875950·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$189k
Total assets
$1.8M
Total expenses
$148k
Reported officers
1

Executive compensation

Form 990-PF · Part VIII · 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
Median to 75th percentile
$33k
$35k

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 PALMER CHARITABLE TRUST MELVIN & MARY equaled 22% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
22%
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

$111k

Itemized grants

6

Median grant

$17k

RecipientLocationPurposeAmount
UNITED WAY BLACKHAWK REGIONJANESVILLE, WIPROGRAM SUPPORT$31k
STATELINE COMMUNITY FOUNDATION ATTN TARA TINDERDIRECTORBELOIT, WIPROGRAM SUPPORT$22k
UNIVERSITY OF WISCONSIN FOUNDATION GIFT PLANNINGMADISON, WIPROGRAM SUPPORT$12k
MAYO CLINIC BRANDON STENSETHROCHESTER, MNPROGRAM SUPPORT$12k
FIRST CONGREGATIONAL CHURCH ATTN LAWRENCE D HINESBELOIT, WIPROGRAM SUPPORT$2k

Up 17%
from 2023

From $28k in 2023 to $33k in 2024.

$28k
2023
$33k
2024
In today's dollarsEst.
Up 14% in real terms$31k to $35k

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.

Pay for the position

Board Member pay rose 17% from 2023 to 2024, while revenue fell 2%.

$28k in 2023 to $33k 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 PALMER CHARITABLE TRUST MELVIN & MARY

What does the Board Member of PALMER CHARITABLE TRUST MELVIN & MARY earn?

In 2024, the Board Member of PALMER CHARITABLE TRUST MELVIN & MARY received $32,591 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at PALMER CHARITABLE TRUST MELVIN & MARY compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2024 pay of the Board Member at PALMER CHARITABLE TRUST MELVIN & MARY falls between the median and the 75th percentile. In 2024, the highest total compensation at PALMER CHARITABLE TRUST MELVIN & MARY equaled 22% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are PALMER CHARITABLE TRUST MELVIN & MARY's revenue and expenses?

In 2024, PALMER CHARITABLE TRUST MELVIN & MARY reported $189k in total revenue and $148k 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.