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Filing year 2024

REICHERT FOUNDATION

Lake Forest, Illinois·EIN 36-3487139·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$1.4M
Total assets
$12.5M
Total expenses
$743k
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 6 reported individuals · Filing year 2024

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

Executive Director
10th to 25th percentile
$30k
$32k
Director
Unclassified
$5k
$5k
Director
Unclassified
$5k
$5k
Director
Unclassified
$5k
$5k
Director
Unclassified
$5k
$5k
Director
Unclassified
$5k
$5k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at REICHERT FOUNDATION equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
4%
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

$617k

Itemized grants

45

Median grant

$8k

RecipientLocationPurposeAmount
Chicago Food Depository Chicago ILChicago, ILGeneral Operations$65k
Lake County Pads Program Libertyville ILWaukegan, ILGeneral Operations$58k
Chicago Coalition for the HomelessChicago, ILGeneral Operating Purposes$55k
Safehouse of DenverDenver, COGeneral Operations$55k
The Center for Enriched LivingRiverwoods, ILGeneral Operations$53k
habitat for Humanity Lake County ILWaukegan, ILGeneral Operations$25k
American Red CrossChicago, ILGeneral Operations$20k
Arnold Palmer Medical Center FoundationOrlando, FLGeneral Operating Purposes$15k
Cystic Fibrosis FoundationDenver, COGeneral Operations$15k
Habitat for humanity Eagle ColoradoAvon, COGeneral Operating purposes$15k
Cove SchoolNorthbrook, ILGeneral Operations$15k
The CradleEvanston, ILNursery$15k
Prison Fellowship Ministries Washington DCMerrifield, VAPrison ministry$15k
A Safe PlaceZion, ILGeneral Operating purposes$10k
American Lung Cancer AssociationChicago, ILGeneral Operations$10k
HabitatLittle Rock, ARGeneral Operations$10k
First Presbyterian Church of Lake ForestLake Forest, ILGeneral Operations$10k
Northwestern Lake Forest Hospital Lake Forest ILChicago, ILGeneral Operations$10k
PanCanManhattan Beach, CAGeneral Operations$10k
The LambsLibertyville, ILGeneral Operations$10k
American Heart AssociationChicago, ILGeneral Operations$10k
Salvation ArmyAvon, COgeneral operations$10k
Alzheimers FoundationChicago, ILGeneral Operations$8k
Christian Outreach of LutheransWaukegan, ILGeneral Operating Purposes$8k
Solution Center formerly Bethany houseFond du lac, WIGeneral Operations$8k
Compare this foundation's grantees

Held steady
from 2023

From $30k in 2023 to $30k in 2024.

$30k
2023
$30k
2024
In today's dollarsEst.
Down 3% in real terms$33k to $32k

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 held roughly steady from 2023 to 2024, while revenue rose 431%.

$30k in 2023 to $30k 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 ($10M - $25M), 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 REICHERT FOUNDATION

What does the Chief Executive Officer of REICHERT FOUNDATION earn?

In 2024, the Chief Executive Officer of REICHERT FOUNDATION received $30,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at REICHERT FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2024 pay of the Chief Executive Officer at REICHERT FOUNDATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at REICHERT FOUNDATION equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are REICHERT FOUNDATION's revenue and expenses?

In 2024, REICHERT FOUNDATION reported $1.4M in total revenue and $743k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.