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Filing year 2024

ROBERT W MCCORMICK SCHOLARSHIP FUND

Charles Town, West Virginia·EIN 55-0734149·NTEE B82Z · Education·501(c)(3)
Total revenue
$121k
Total assets
$1.9M
Total expenses
$127k
Reported officers
2

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

Co-trustee
Unclassified
$24k
$26k
Co-trustee
Unclassified
$14k
$15k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Education →

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ROBERT W MCCORMICK SCHOLARSHIP FUND equaled 19% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
19%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education 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

$85k

Itemized grants

20

Median grant

$1k

Up 6%
from 2023

From $23k in 2023 to $24k in 2024.

$23k
2023
$24k
2024
In today's dollarsEst.
Up 2% in real terms$25k to $26k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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 ($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.

FAQ

Common questions about ROBERT W MCCORMICK SCHOLARSHIP FUND

What are ROBERT W MCCORMICK SCHOLARSHIP FUND's revenue and expenses?

In 2024, ROBERT W MCCORMICK SCHOLARSHIP FUND reported $121k in total revenue and $127k 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.