Executive compensation
Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024
| Position | Total |
|---|---|
Co-trustee Unclassified | $5k $6k |
Co-trustee Unclassified | $5k $6k |
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.
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Top pay as a share of expenses
In 2024, the highest total compensation at RAYMOND J OTT SCHOLARSHIP FUND equaled 14% 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 2024 Form 990-PF, Part XV.
Total granted
$23k
Itemized grants
4
Median grant
$5k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| KARYN SCHY | CHIRISTIANBURG, VA | EDUCATIONAL | $8k |
| ABBY SINGER | SKOKIE, IL | EDUCATIONAL | $5k |
| CHARLIE KOREY | CHICAGO, IL | EDUCATIONAL | $5k |
| KILEY KOREY | EVANSTON, IL | EDUCATIONAL | $5k |
This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.
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.
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 →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 (Under $1M), because foundation pay scales with assets under management, not revenue.
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Guides to help you understand and use this data
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