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Filing year 2023

SIEMENS FOUNDATION

Iselin, New Jersey·EIN 52-2136074·NTEE B82 · Education·501(c)(3)
Total revenue
$15.9M
Total assets
$78.3M
Total expenses
$8.4M
Reported officers
15

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in New Jersey.

CEO
Above 90th percentile
$507k
$569k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at SIEMENS FOUNDATION equaled 6% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
6%
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 2023 Form 990-PF, Part XV.

Total granted

$6.9M

Itemized grants

14

Median grant

$375k

RecipientLocationPurposeAmount
WASHINGTON ASSOCIATION FOR COMMUNITY HEALTHOLYMPIA, WAIN REACH PROGRAM EXTENSION$1.3M
AMALGAMATED CHARITABLE FOUNDATIONWASHINGTON, DCEV WORKFORCE RAPID RESPONSE FUND$1.3M
NEW AMERICA FOUNDATIONWASHINGTON, DCPARTNERSHIP TO ADVANCE YOUTH APPRETICESHIP$1M
NORTH CAROLINA BUSINESS COMMITTEERALEIGH, NCEV CHARGING PRE & APPRENTICESHIP DEVELOPMENT$869k
NATIONAL GOVERNORS ASSOCIATION CENTER FOR BEST PRACTICESWASHINGTON, DCEV WORKFORCE COLLABORATIVE PROJECT$558k
CHOOSE HEALTHY LIFEEAST STROUDSBURG, PAHEALTH DISPARITIES IN UNDERSERVED COMMUNITIES$500k
NATIONAL LEAGUE OF CITIESWASHINGTON, DCEV WORKFORCE COLLABORATIVE$500k
HEALTHY AMERICA FOUNDATIONWASHINGTON, DCHEALTH DISPARITIES - UNDERSERVED COMMUNITIES$250k
NATIONAL CAREER TECHSILVER SPRING, MDBUILDING SUSTAINABLE SYSTEMS$121k
FUNDERS TOGETHER TO END HOMELESSNESSBOSTON, MASPONSOR - FURTHER TOGETHER CONFERENCE$15k
THE MILKEN INSTITUTELOS ANGELES, CASPONSOR -PUBLIC FINANCE PROGRAM$10k
Compare this foundation's grantees

Up 18%
from 2022

From $429k in 2022 to $507k in 2023.

$429k
2022
$507k
2023
In today's dollarsEst.
Up 14% in real terms$499k to $569k

Estimated with New York-Newark-Jersey City, NY-NJ-PA 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

Chief Executive Officer pay rose 18% from 2022 to 2023, while revenue rose 92%.

$429k in 2022 to $507k in 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.
Financial trend

Revenue and expenses over time

SIEMENS FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.3M
$9M
2022
$15.9M
$8.4M
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Education executives earn in New Jersey

Comparable education organizations in New Jersey pay their highest-earning executive a median of $97,504.

25th percentile
$31k
Median
$97,504
75th percentile
$191k
90th percentile
$304k

These are education sector-wide figures, not this organization's reported pay. Based on 648 organizations across 648 filings (2022 – 2024).

See full Education pay data for New Jersey
FAQ

Common questions about SIEMENS FOUNDATION

What does the Chief Executive Officer of SIEMENS FOUNDATION earn?

In 2023, the Chief Executive Officer of SIEMENS FOUNDATION received $506,861 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in New Jersey: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SIEMENS FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in New Jersey, the 2023 pay of the Chief Executive Officer at SIEMENS FOUNDATION falls in the top 10%. In 2023, the highest total compensation at SIEMENS FOUNDATION equaled 6% of the organization's total expenses. The median for education organizations is 7%.

What are SIEMENS FOUNDATION's revenue and expenses?

In 2023, SIEMENS FOUNDATION reported $15.9M in total revenue and $8.4M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.