Skip to main content
Filing year 2023

Polk Bros Foundation Inc

Chicago, Illinois·EIN 36-6108293·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$24.5M
Total assets
$319.3M
Total expenses
$29.9M
Reported officers
12

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois.

CEO & Assistant Secretary
Above 90th percentile
$499k
$553k
VP Investments/operations & Assistant Treasurer
Board Vice President
75th to 90th percentile
$283k
$313k

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.

Plus 10 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Polk Bros Foundation Inc equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
2%
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 2023 Form 990-PF, Part XV.

Total granted

$24.5M

Itemized grants

676

Median grant

$29k

RecipientLocationPurposeAmount
Greater Chicago Food DepositoryChicago, ILSpecial Projects$250k
Big Shoulders FundChicago, ILEducation$250k
Navy Pier IncChicago, ILArts Access and Learning$250k
Window to the World CommunicationsChicago, ILSpecial Projects$250k
ChiArts FoundationChicago, ILArts Access and Learning$250k
Jewish United Fund of Metropolitan ChicagoChicago, ILSpecial Projects$250k
Illinois Immigrant Funders CollaborativeChicago, ILSpecial Projects$250k
Jewish Federation of Metropolitan ChicagoChicago, ILSpecial Projects$200k
WBEZChicago Public MediaChicago, ILSpecial Projects$200k
Shriver Center on Poverty LawChicago, ILStrong Communities$180k
Erie Family Health CenterChicago, ILHealth$170k
Ingenuity Incorporated ChicagoChicago, ILArts Access and Learning$150k
UIC Community Engagement and Neighborhood Health PartnershipsChicago, ILHealth$150k
Tapestry 360 HealthChicago, ILHealth$150k
Fund for Safe and Peaceful CommunitiesChicago, ILStrong Communities$150k
Chicago Youth CentersChicago, ILStrong Families$150k
Chicago Public Education FundChicago, ILEducation$140k
Leading Educators IncNew Orleans, LAEducation$140k
Mercy Housing LakefrontChicago, ILStrong Communities$135k
IFFChicago, ILSpecial Projects$135k
Chicagoland Workforce Funder AllianceChicago, ILSpecial Projects$125k
University of Chicago Urban Education InstituteChicago, ILEducation$125k
Rush University Medical CenterChicago, ILHealth$125k
Roger Baldwin Foundation of ACLUChicago, ILStrong Communities$125k
University of ChicagoNetwork for College SuccessChicago, ILEducation$125k
Compare this foundation's grantees

Up 5%
from 2022

From $477k in 2022 to $499k in 2023.

$477k
2022
$499k
2023
In today's dollarsEst.
Up 1% in real terms$546k to $553k

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

Chief Executive Officer pay rose 5% from 2022 to 2023, while revenue rose 101%.

$477k in 2022 to $499k in 2023.
  • Board Vice President pay rose 5% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 ($150M - $1B), 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 Polk Bros Foundation Inc

What does the Chief Executive Officer of Polk Bros Foundation Inc earn?

In 2023, the Chief Executive Officer of Polk Bros Foundation Inc received $499,000 in total compensation. This pay is in the top 10% for Chief Executive Officer 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 Chief Executive Officer pay at Polk Bros Foundation Inc compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2023 pay of the Chief Executive Officer at Polk Bros Foundation Inc falls in the top 10%. In 2023, the highest total compensation at Polk Bros Foundation Inc equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Polk Bros Foundation Inc's revenue and expenses?

In 2023, Polk Bros Foundation Inc reported $24.5M in total revenue and $29.9M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.