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Filing year 2024

SEARS FAMILY FOUNDATION

Lake Placid, New York·EIN 11-7040015·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$384k
Total assets
$2.4M
Total expenses
$375k
Reported officers
2

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

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

CFO
Below 10th percentile
$8k
$9k

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.

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at SEARS FAMILY FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,948 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

$241k

Itemized grants

5

Median grant

$40k

RecipientLocationPurposeAmount
WILL'S GARDENCOOPERSTOWN, NYCONTEMPORY DANCE, MUSIC AND PERFORMANCES ON ICE$120k
COOPERSTOWN THEATRE FESTIVALCOOPERSTOWN, NYPROVIDE A PROGRAM OF COMMUNITY SUMMER CONCERTS$64k
BALLET THEATRE FOUNDATIONNEW YORK CITY, NYDANCE PERFORMANCES$40k
ICE THEATRE OF NYNEW YORK CITY, NYDANCE ON ICE$12k
GLIMMER GLASS OPERACOOPERSTOWN, NYOPERA SINGING$5k
Pay for the position

Chief Financial Officer pay rose 7% from 2023 to 2024, while revenue fell 23%.

$8k in 2023 to $8k in 2024.

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.

FAQ

Common questions about SEARS FAMILY FOUNDATION

What does the Chief Financial Officer of SEARS FAMILY FOUNDATION earn?

In 2024, the Chief Financial Officer of SEARS FAMILY FOUNDATION received $8,000 in total compensation. This pay is in the bottom 10% for Chief Financial Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in New York: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Financial Officer pay at SEARS FAMILY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2024 pay of the Chief Financial Officer at SEARS FAMILY FOUNDATION falls in the bottom 10%. In 2024, the highest total compensation at SEARS FAMILY FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are SEARS FAMILY FOUNDATION's revenue and expenses?

In 2024, SEARS FAMILY FOUNDATION reported $384k in total revenue and $375k 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.