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 Philanthropy, Voluntarism & Grantmaking organizations in New York.
| Position | Total |
|---|---|
Executive Director Above 90th percentile | $464k $502k |
Former Executive Director 75th to 90th percentile | $246k $266k |
Chief Operating Officer Median to 75th percentile | $228k $246k |
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 4 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at THE CARMEL HILL FUND equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
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
$10.1M
Itemized grants
41
Median grant
$100k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| RSF SOCIAL FINANCE | SAN FRANCISCO, CA | DONOR ADVISED FUND - PLANNED FOR GIFTS FOR DONEE'S EXEMPT PURPOSE AND CAUSE | $2.2M |
| VERMONT COMMUNITY FOUNDATION | MIDDLEBURY, VA | DONOR ADVISED FUND - PLANNED FOR GIFTS FOR DONEE'S EXEMPT PURPOSE AND CAUSE | $2.2M |
| FUND FOR PUBLIC SCHOOLS | NEW YORK, NY | SUPPORT FOR STUDENT LITERACY & READING OUTCOMES; NYC READS EVALUATION & FAMILY ENGAGEMENT ACTIVITIES | $860k |
| BRAIN AND BEHAVIOR RESEARCH FOUNDATION | NEW YORK, NY | YOUNG INVESTIGATORS PROGRAM AND RUANE PRIZE RESEARCH AWARDS | $550k |
| READ ALLIANCE | NEW YORK, NY | NYC READS INITIATIVE LITERACY ACTIVITIES | $300k |
| CHILDREN'S AID SOCIETY | NEW YORK, NY | SCHOLARSHIPS, YOUTH MENTAL HEALTHCARE, AND AFTER-SCHOOL PROGRAMMING | $292k |
| READING PARTNERS | NEW YORK, NY | NYC READS INITIATIVE LITERACY ACTIVITIES | $288k |
| MADISON SQUARE BOYS AND GIRLS CLUB | NEW YORK, NY | GENERAL OPERATING EXPENSES | $275k |
| PARENTCHILD | NEW YORK, NY | NYC READS INITIATIVE LITERACY ACTIVITIES | $271k |
| LITERACY INC | NEW YORK, NY | NYC READS INITIATIVE LITERACY ACTIVITIES | $258k |
| BOSTON MEDICAL CENTER | BOSTON, MA | TEAM UP | $250k |
| EXPANDED | NEW YORK, NY | NYC READS INITIATIVE LITERACY ACTIVITIES | $205k |
| COLUMBIA UNIVERSITY | NEW YORK, NY | DEPARTMENT OF PSYCHIATRY | $200k |
| NEW VISIONS FOR PUBLIC SCHOOLS | NEW YORK, NY | LITERACY ACADEMY COLLECTIVE | $200k |
| CITY YEAR | BOSTON, MA | NYC READS INITIATIVE LITERACY ACTIVITIES | $155k |
| HENRY STREET SETTLEMENT | NEW YORK, NY | YOUTH MENTAL HEALTH CLINICAL CARE STAFFING | $150k |
| UNIVERSITY SETTLEMENT | NEW YORK, NY | MENTAL HEALTH SERVICES FOR YOUTH AGES 14-24 | $125k |
| REACH OUT AND READ OF GREATER NEW YORK | NEW YORK, NY | NYC READS INITIATIVE LITERACY ACTIVITIES | $108k |
| CITIZENS COMMITTEE FOR CHILDREN OF NEW YORK | NEW YORK, NY | CAMPAIGN FOR HEALTHY MINDS, HEALTHY KIDS | $100k |
| EDUCATORS FOR EXCELLENCE | NEW YORK, NY | ELEVATE EDUCATOR VOICE AND SUPPORT FOR HIGH-QUALITY LITERACY INSTRUCTION THROUGHOUT NEW YORK CITY | $100k |
| HOPELAB FOUNDATION | SAN FRANCISCO, CA | RESPONSIBLE TECHNOLOGY YOUTH POWER FUND | $100k |
| INSEPARABLE | WASHINGTON, DC | GENERAL OPERATING EXPENSES | $100k |
| URBAN ASSEMBLY | NEW YORK, NY | GENERAL OPERATING EXPENSES | $100k |
| NEW YORK PUBLIC LIBRARY | NEW YORK, NY | NYC READS INITIATIVE LITERACY ACTIVITIES | $98k |
| ROOTS FAMILY CENTER | DENVER, CO | LITERACY THROUGH HOME VISITATION PROGRAMS FOR FAMILIES WITH CHILDREN 0-5 YEARS OLD IN SOUTHWEST DENVER | $95k |
Up 7%
from 2023
From $436k in 2023 to $464k in 2024.
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.
Chief Executive Officer pay rose 7% from 2023 to 2024, while revenue rose 435%.
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 ($150M - $1B), 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 CARMEL HILL FUND
What does the Chief Executive Officer of THE CARMEL HILL FUND earn?
In 2024, the Chief Executive Officer of THE CARMEL HILL FUND received $463,900 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at THE CARMEL HILL FUND compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2024 pay of the Chief Executive Officer at THE CARMEL HILL FUND falls in the top 10%. In 2024, the highest total compensation at THE CARMEL HILL FUND equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are THE CARMEL HILL FUND's revenue and expenses?
In 2024, THE CARMEL HILL FUND reported $55.1M in total revenue and $22.4M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.