Executive compensation
Form 990-PF · Part VIII · 7 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Iowa.
| Position | Total |
|---|---|
Executive Di 25th percentile to median | $77k $85k |
Trustee Board Member Median to 75th percentile | $6k $7k |
Trustee Board Member Median to 75th percentile | $6k $7k |
Trustee Board Member Median to 75th percentile | $6k $7k |
Trustee Board Member Median to 75th percentile | $6k $7k |
Trustee Board Member Median to 75th percentile | $6k $7k |
Trustee Board Member Median to 75th percentile | $6k $7k |
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 →
Top pay as a share of expenses
In 2023, the highest total compensation at R J MCELROY TRUST equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
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
$2.6M
Itemized grants
117
Median grant
$8k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| UNI FOUNDATION | CEDAR FALLS, IA | PROGRAM SUPPORT | $280k |
| WATERLOO LEISURE SERVICES | WATERLOO, IA | PROGRAM/OPERATING SUPPORT | $214k |
| SUNFLOWER CHILD DEVELOPMENT CENTER | DECORAH, IA | PROGRAM/OPERATING SUPPORT | $200k |
| SUCCESSLINK | WATERLOO, IA | PROGRAM SUPPORT | $190k |
| BOYS & GIRLS CLUB CEDAR VALLEY | WATERLOO, IA | OPERATING SUPPORT | $100k |
| WAVERLY CHILDCARE & PRESCHOOL | WAVERLY, IA | BUILDING EXPANSION | $100k |
| WATERLOO PUBLIC LIBRARY | WATERLOO, IA | PROGRAM SUPPORT | $91k |
| YOUTH ART TEAM | WATERLOO, IA | PROGRAM SUPPORT | $70k |
| CEDAR VALLEY PRESCHOOL & CHILDCARE | CEDAR FALLS, IA | OPERATING SUPPORT | $61k |
| HAWKEYE COMM COLLEGE FOUNDATION | WATERLOO, IA | SCHOLARSHIPS/PROGRAM SUPPORT | $60k |
| WATERLOO COMMUNITY FOUNDATION | WATERLOO, IA | OPERATING SUPPORT | $60k |
| YWCA | WATERLOO, IA | PROGRAM SUPPORT | $50k |
| IOWA NATURAL HERITAGE FOUNDATION | DES MOINES, IA | PROGRAM SUPPORT | $50k |
| LEADER VALLEY | WATERLOO, IA | PROGRAM SUPPORT | $50k |
| WAVERLY PUBLIC LIBRARY | WAVERLY, IA | PROGRAM SUPPORT | $50k |
| CHRISTIAN COMMUNITY DEVELOPMENT | WATERLOO, IA | PROGRAM SUPPORT | $40k |
| SUMNER DAYCARE & LEARNING CENTER | SUMNER, IA | OPERATING SUPPORT | $40k |
| KEYSTONE AREA EDUCATION AGENCY | ELKADER, IA | PROGRAM SUPPORT | $31k |
| COLLEGE HILL PARTNERSHIP | CEDAR FALLS, IA | PROGRAM SUPPORT | $30k |
| EMBRACING EXPLORATIONS | WATERLOO, IA | PROGRAM SUPPORT | $30k |
| GROUT MUSEUM DISTRICT | WATERLOO, IA | PROGRAM SUPPORT | $30k |
| RIVER HILLS SCHOOL | CEDAR FALLS, IA | PROGRAM SUPPORT | $30k |
| TRY PIE BAKERY | WATERLOO, IA | OPERATING SUPPORT | $30k |
| FIRST IN IOWA | BOSTON, MA | PROGRAM SUPPORT | $25k |
| JUNIOR ACHIEVEMENT OF EASTERN IA | CEDAR RAPIDS, IA | PROGRAM SUPPORT | $25k |
Up 8%
from 2022
From $71k in 2022 to $77k in 2023.
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.
Chief Executive Officer pay rose 8% from 2022 to 2023, while revenue fell 60%.
- Board Member pay held roughly steady from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), 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.
Common questions about R J MCELROY TRUST
What does the Chief Executive Officer of R J MCELROY TRUST earn?
In 2023, the Chief Executive Officer of R J MCELROY TRUST received $77,071 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Iowa, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at R J MCELROY TRUST compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Iowa, the 2023 pay of the Chief Executive Officer at R J MCELROY TRUST falls between the 25th percentile and the median. In 2023, the highest total compensation at R J MCELROY TRUST equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are R J MCELROY TRUST's revenue and expenses?
In 2023, R J MCELROY TRUST reported $1.7M in total revenue and $3.5M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.
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