Executive compensation
Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations nationwide.
| Position | Total |
|---|---|
President Se Board President Median to 75th percentile | $27k $29k |
Vice Preside Board Vice President Below 10th percentile | $8k $8k |
Director Unclassified | $500 $540 |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2024, the highest total compensation at RWMD SCHOLARSHIP FUND INC equaled 8% of the organization's total expenses. The median for education organizations is 7%.
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
$275k
Itemized grants
4
Median grant
$55k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| DUKE UNIVERSITY SCHOOL OF NURSING | DURHAM, NC | TO ACCOMPLISH CHARITABLE PURPOSE | $125k |
| UNIVERSITY OF CHICAGO | CHICAGO, IL | TO ACCOMPLISH CHARITABLE PURPOSE | $55k |
| BARUCH COLLEGE | NEW YORK, NY | TO ACCOMPLISH CHARITABLE PURPOSE | $55k |
| DUKE UNIVERSITY - TRINITY COLLEGE OF ARTS & SCIENCES | DURHAM, NC | TO ACCOMPLISH CHARITABLE PURPOSE | $40k |
Up 49%
from 2023
From $18k in 2023 to $27k in 2024.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board President pay rose 49% from 2023 to 2024, while revenue fell 78%.
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 RWMD SCHOLARSHIP FUND INC
What does the Board President of RWMD SCHOLARSHIP FUND INC earn?
In 2024, the Board President of RWMD SCHOLARSHIP FUND INC received $26,881 in total compensation. This pay is above the median (the midpoint) for Board President roles among Education organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board President pay at RWMD SCHOLARSHIP FUND INC compare with similar nonprofits?
Compared with the same role at Education organizations nationwide, the 2024 pay of the Board President at RWMD SCHOLARSHIP FUND INC falls between the median and the 75th percentile. In 2024, the highest total compensation at RWMD SCHOLARSHIP FUND INC equaled 8% of the organization's total expenses. The median for education organizations is 7%.
What are RWMD SCHOLARSHIP FUND INC's revenue and expenses?
In 2024, RWMD SCHOLARSHIP FUND INC reported $416k in total revenue and $324k 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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