Executive compensation
Form 990-PF · Part VIII · 8 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations nationwide.
| Position | Total |
|---|---|
President Board President Above 90th percentile | $164k $176k |
Chairman & Managing Director Board Chair 25th percentile to median | $39k $42k |
Director Unclassified | $3k $3k |
Vice Chair & Director Board Vice Chair 10th to 25th percentile | $3k $3k |
Secretary & Director Unclassified | $3k $3k |
Treasurer & Director Unclassified | $3k $3k |
Director Unclassified | $3k $3k |
Director Unclassified | $2k $2k |
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.
Plus 1 unpaid individual.
Top pay as a share of expenses
In 2024, the highest total compensation at The Bright Foundation equaled 6% 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
$2.2M
Itemized grants
3
Median grant
$803k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Iowa State University Foundation | Ames, IA | Scholarships | $904k |
| University Of Iowa Center for Advancement | Iowa City, IA | Scholarships | $803k |
| University Of Northern Iowa Foundation | Cedar Falls, IA | Scholarships | $495k |
Up 15%
from 2023
From $143k in 2023 to $164k in 2024.
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.
Board President pay rose 15% from 2023 to 2024, while revenue rose 34%.
- Board Chair pay fell 3% from 2023 to 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 ($25M - $50M), 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 The Bright Foundation
What does the Board President of The Bright Foundation earn?
In 2024, the Board President of The Bright Foundation received $163,614 in total compensation. This pay is in the top 10% for Board President roles among Education organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board President pay at The Bright Foundation compare with similar nonprofits?
Compared with the same role at Education organizations nationwide, the 2024 pay of the Board President at The Bright Foundation falls in the top 10%. In 2024, the highest total compensation at The Bright Foundation equaled 6% of the organization's total expenses. The median for education organizations is 7%.
What are The Bright Foundation's revenue and expenses?
In 2024, The Bright Foundation reported $3M in total revenue and $2.8M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.
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