Executive compensation
Form 990-PF · Part VIII · 4 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.
| Position | Total |
|---|---|
CEO Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Indiana | $416k $459k |
VP of Programs Board Vice President Above 90th percentile | $250k $276k |
CFO 75th to 90th percentile | $232k $256k |
Cco Unclassified | $179k $198k |
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.
Plus 9 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2023, the highest total compensation at Richard M Fairbanks Foundation Inc 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
$15M
Itemized grants
167
Median grant
$4k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Central Indiana Corporate Partnership Foundation Inc | Indianapolis, IN | Continued funding for Ascend's Indiana Youth Apprenticeship Marion County Pilot and Statewide Master Plan | $2.8M |
| Purdue Polytechnic High School of Indianapolis | Indianapolis, IN | Expansion to Pike Township and Credit Alignment Technology | $1.8M |
| The Mind Trust | Indianapolis, IN | General Operating Support 2023-2025 | $1.3M |
| Eskenazi Health Foundation Inc | Indianapolis, IN | Support for three Health Equity Zones to reduce health disparities by addressing social determinants of health | $1M |
| Marian University | Indianapolis, IN | School of Engineering | $1M |
| Newfields | Indianapolis, IN | Virginia B. Fairbanks Art & Nature Park | $1M |
| Institute for Quality Education | Indianapolis, IN | Operating Support 2023-2025 | $600k |
| Central Indiana Corporate Partnership Foundation Inc | Indianapolis, IN | General Operating Support for BioCrossroads 2021-2023 | $500k |
| The Indianapolis Foundation | Indianapolis, IN | Housing to Recovery Fund | $500k |
| Central Indiana Corporate Partnership Foundation Inc | Indianapolis, IN | Business Equity for Indy Organizational Capacity and Report Card | $333k |
| National Opinion Research Center (NORC) | Chicago, IL | Getting on Track Early for School Success (GoT) | $310k |
| WFYI | Indianapolis, IN | Support for Side Effects Health Reporting and Expanded Education Reporting | $300k |
| WFYI | Indianapolis, IN | Continued Support for Side Effects Health Reporting and Expanded Education Reporting | $260k |
| EdChoice | Indianapolis, IN | Operating Support 2023-2025 | $250k |
| The Damien Center | Indianapolis, IN | Capital Support for New Facility | $250k |
| Indianapolis Chamber of Commerce Foundation | Indianapolis, IN | Business Equity for Indy Best Practice Implementation Pilot | $242k |
| The Mind Trust | Indianapolis, IN | Pilot to improve math instruction in Marion County in partnership with Instruction Partners | $210k |
| ETH Zurich Foundation USA | New York, NY | CEMETS iLab Indiana | $187k |
| Teach Indy | Indianapolis, IN | 2023 Strategic Plan Development | $175k |
| Indiana Commission for Higher Education | Indianapolis, IN | Support for expanded FAFSA/college enrollment supports as part of College Matters | $161k |
| Indiana Latino Institute Inc | Indianapolis, IN | Support for expanded FAFSA/college enrollment supports as part of College Matters | $150k |
| Center for Leadership Development | Indianapolis, IN | Support for expanded FAFSA/college enrollment supports as part of College Matters | $100k |
| Indiana Black Expo Inc | Indianapolis, IN | Support for expanded FAFSA/college enrollment supports as part of College Matters | $100k |
| Indianapolis Chamber of Commerce Foundation | Indianapolis, IN | Modern Youth Apprenticeship Program-Employer Engagement Strategy & Planning | $100k |
| Indianapolis Urban League | Indianapolis, IN | Support for expanded FAFSA/college enrollment supports as part of College Matters | $100k |
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.
Common questions about Richard M Fairbanks Foundation Inc
What does the Chief Executive Officer of Richard M Fairbanks Foundation Inc earn?
In 2023, the Chief Executive Officer of Richard M Fairbanks Foundation Inc received $415,557 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Richard M Fairbanks Foundation Inc compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2023 pay of the Chief Executive Officer at Richard M Fairbanks Foundation Inc falls in the top 10%. In 2023, the highest total compensation at Richard M Fairbanks Foundation Inc equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are Richard M Fairbanks Foundation Inc's revenue and expenses?
In 2023, Richard M Fairbanks Foundation Inc reported $31.3M in total revenue and $25.3M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.
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