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Filing year 2024

SETHNESS FAMILY FOUNDATION

Chicago, Illinois·EIN 83-2750234·NTEE T19 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$77k
Total assets
$2.8M
Total expenses
$253k
Reported officers
4

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 Illinois.

Secretary/dir
Board Secretary
25th percentile to median
$13k
$14k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at SETHNESS FAMILY FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
5%
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 2024 Form 990-PF, Part XV.

Total granted

$192k

Itemized grants

48

Median grant

$3k

Down 46%
from 2023

From $23k in 2023 to $13k in 2024.

$23k
2023
$13k
2024
In today's dollarsEst.
Down 48% in real terms$26k to $14k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Secretary pay fell 46% from 2023 to 2024, while revenue fell 65%.

$23k in 2023 to $13k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 SETHNESS FAMILY FOUNDATION

What does the Board Secretary of SETHNESS FAMILY FOUNDATION earn?

In 2024, the Board Secretary of SETHNESS FAMILY FOUNDATION received $12,636 in total compensation. This pay is below the median (the midpoint) for Board Secretary roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Secretary pay at SETHNESS FAMILY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2024 pay of the Board Secretary at SETHNESS FAMILY FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at SETHNESS FAMILY FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are SETHNESS FAMILY FOUNDATION's revenue and expenses?

In 2024, SETHNESS FAMILY FOUNDATION reported $77k in total revenue and $253k 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.