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Filing year 2023

ROY J CARVER CHARITABLE TRUST

Muscatine, Iowa·EIN 42-1186589·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$17.5M
Total assets
$236.7M
Total expenses
$12.1M
Reported officers
10

Executive compensation

Form 990-PF · Part VIII · 10 reported individuals · Filing year 2023

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

Chief Executive Officer
Above 90th percentile
$454k
$501k
Trustee/chairman
Unclassified
$32k
$35k
Trustee/vice Chairman
Board Chair
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$29k
$32k
Trustee
Board Member
75th to 90th percentile
$27k
$30k
Trustee
Board Member
75th to 90th percentile
$27k
$30k
Trustee
Board Member
75th to 90th percentile
$19k
$21k
Trustee
Board Member
Median to 75th percentile
$11k
$12k
Trustee
Board Member
Median to 75th percentile
$7k
$8k
Trustee
Board Member
Median to 75th percentile
$7k
$8k
Trustee/secretary
Board Secretary
25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers nationwide
$7k
$7k

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

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ROY J CARVER CHARITABLE TRUST equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
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 2023 Form 990-PF, Part XV.

Total granted

$12.1M

Itemized grants

69

Median grant

$50k

RecipientLocationPurposeAmount
UNIVERSITY OF IOWAIOWA CITY, IACCOM - DIRECT THE 2022 GIFT PAYOUT FOR THE IOWA NEUROSCIENCE INSTITUTE$2.8M
UNIVERSITY OF IOWAIOWA CITY, IAENGINEERING - DIRECT THE 2022 GIFT PAYOUT - MAJOR INITIATIVE IN RESPIRATORY AND PULMONARY BME$1.5M
UNIVERSITY OF IOWAIOWA CITY, IADEPARTMENT OF CHEMISTRY - RESEARCH AND INSTRUCTION IN RADIOCHEMISTRY$559k
BETHANY FOR CHILDREN AND FAMILIESDAVENPORT, IAPURCHASE OF A NEW BUILDING$500k
IOWA LAKESIDE LABORATORYMILFORD, IACONSTRUCT A LABORATORY FACILITY$500k
UNIVERSITY OF ILLINOISURBANA, ILPURCHASE ADVANCED OPTICAL MICROSCOPE$493k
UNIVERSITY OF NORTHERN IOWACEDAR FALLS, IAEQUIPMENT FOR INSTRUCTION IN MATERIAL SCIENCE AND ASSOCIATED FIELDS$400k
UNIVERSITY OF IOWAIOWA CITY, IAPURCHASE ADVANCED IMAGING EQUIPMENT$377k
UNIVERSITY OF IOWAIOWA CITY, IAPURCHASE INSTRUMENTATION FOR EARTH SCIENCE$348k
UNIVERSITY OF ILLINOISURBANA, ILPURCHASE OF ADVANCED CONOFOCAL MICROSCOPE$305k
UNIVERSITY OF NORTHERN IOWACEDAR FALLS, IAIMPROVE PROTEIN ANALYSIS CAPABILITIES FOR SCIENCE INSTRUCTION$260k
FOUR OAKS FAMILY AND CHILDREN'S SERVICESIOWA CITY, IAUPDATE RESIDENTIAL FACILITIES$250k
IOWA STATE UNIVERSITY FOUNDATIONAMES, IACARVER STATEWIDE SCHOLARSHIP PROGRAM$245k
UNIVERSITY OF IOWA FOUNDATIONIOWA CITY, IACARVER STATEWIDE SCHOLARSHIPS$245k
UNIVERSITY OF NORTHERN IOWA FOUNDATIONCEDAR FALLS, IACARVER STATEWIDE SCHOLARSHIPS$245k
MUSCATINE COMMUNITY COLLEGEMUSCATINE, IAPURCHASE TECHNOLOGY FOR SCIENCE EDUCATION$238k
NATIONAL MISSISSIPPI RIVER MUSEUM & AQUARIUMDUBUQUE, IARENOVATE EXHIBIT GALLERY$200k
TANAGERMT VERNON, IAIMPROVEMENTS AT CAMP TANAGER$200k
FAMILY RESOURCESDAVENPORT, IAASSIST WITH PROGRAM RELOCATION$167k
ORCHARD PLACEDES MOINES, IASUPPORT IMPROVEMENTS TO CAMPUS SECURITY$161k
UNIVERSITY OF ILLINOISURBANA, ILRESEARCH TO DEFINE INFLUENCES ON FETAL BRAIN DEVELOPMENT$153k
IOWA PUBLIC RADIODES MOINES, IASTUDENT FELLOWSHIP PROGRAM$150k
UNIVERSITY OF IOWAIOWA CITY, IACOLLEGE OF PHARMACY - DIMINUITIVE DOSAGE PLATFORM$140k
UNIVERSITY OF ILLINOISURBANA, ILSTUDY NEURONAL NETWORKS IN PARKINSON'S DISEASE$135k
UNIVERSITY OF NORTHERN IOWACEDAR FALLS, IADEVELOP EDUCATIONAL PROGRAMMING IN PUBLIC HEALTH$130k
Compare this foundation's grantees

Up 6%
from 2022

From $429k in 2022 to $454k in 2023.

$429k
2022
$454k
2023
In today's dollarsEst.
Up 2% in real terms$492k to $501k

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.

Pay for the position

Chief Executive Officer pay rose 6% from 2022 to 2023, while revenue fell 2%.

$429k in 2022 to $454k in 2023.
  • Board Chair pay rose 5% from 2022 to 2023.
  • Board Member pay rose 5% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 ($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.

FAQ

Common questions about ROY J CARVER CHARITABLE TRUST

What does the Chief Executive Officer of ROY J CARVER CHARITABLE TRUST earn?

In 2023, the Chief Executive Officer of ROY J CARVER CHARITABLE TRUST received $453,604 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Iowa: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ROY J CARVER CHARITABLE TRUST compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Iowa, the 2023 pay of the Chief Executive Officer at ROY J CARVER CHARITABLE TRUST falls in the top 10%. In 2023, the highest total compensation at ROY J CARVER CHARITABLE TRUST equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are ROY J CARVER CHARITABLE TRUST's revenue and expenses?

In 2023, ROY J CARVER CHARITABLE TRUST reported $17.5M in total revenue and $12.1M 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.