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.
| Position | Total |
|---|---|
Trustee Board Member 75th to 90th percentile | $43k $47k |
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 2024, the highest total compensation at READE INDUSTRIAL FUND equaled 18% 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
$189k
Itemized grants
4
Median grant
$51k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| SOUTH SUBURBAN COUNCIL ON HOMELESSNESS | MOKENA, IL | GENERAL OPERATING PURPOSES | $64k |
| METROPOLITAN FAMILY SERVICES | CHICAGO, IL | GENERAL OPERATING PURPOSES | $64k |
| THE CATHOLIC CHARITIES OF THE ARCHDIOC | CHICAGO, IL | GENERAL OPERATING PURPOSES | $38k |
| ALL CHICAGO | CHICAGO, IL | GENERAL OPERATING PURPOSES | $23k |
Up 10%
from 2023
From $39k in 2023 to $43k in 2024.
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.
Board Member pay rose 10% from 2023 to 2024, while revenue rose 35%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
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.
Common questions about READE INDUSTRIAL FUND
What does the Board Member of READE INDUSTRIAL FUND earn?
In 2024, the Board Member of READE INDUSTRIAL FUND received $43,309 in total compensation. This pay is in the top quarter for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at READE INDUSTRIAL 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 READE INDUSTRIAL FUND falls between the 75th and 90th percentiles. In 2024, the highest total compensation at READE INDUSTRIAL FUND equaled 18% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are READE INDUSTRIAL FUND's revenue and expenses?
In 2024, READE INDUSTRIAL FUND reported $286k in total revenue and $236k 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.
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