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Filing year 2023

THE CHICAGO SCHOLARS FOUNDATION

Chicago, Illinois·EIN 36-4117530·NTEE B80 · Education·501(c)(3)
Total revenue
$6.5M
Total assets
$11.1M
Total expenses
$7.6M
Reported officers
35
Mission

CHICAGO SCHOLARS IS TRANSFORMING THE LEADERSHIP LANDSCAPE OF OUR CITY BY RESOLVING THE FUNDAMENTAL BARRIERS TO SUCCESS FOR ACADEMICALLY DRIVEN, FIRST GENERATION COLLEGE STUDENTS FROM UNDER-RESOURCED COMMUNITIES. THROUGH COLLEGE COUNSELING, MENTORING, AND BY PROVIDING A SUPPORTIVE COMMUNITY TO OUR SCHOLARS THROUGH EACH PHASE OF OUR PROGRAM: COLLEGE ACCESS: LAUNCH, COLLEGE PERSISTENCE: LIFT AND COLLEGE TO CAREERS: LEAD, WE ENSURE THAT THEY REALIZE THEIR FULL POTENTIAL AS STUDENTS AND LEADERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

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

CEO
Median to 75th percentile
$221k
$244k
Base
$211k
Bonus
Other
Benefits
$6k
President
Median to 75th percentile
$192k
$213k
Base
$173k
Bonus
Other
Benefits
$15k
Chief Development & Operations Officer
Median to 75th percentilevs Education peers nationwide
$170k
$188k
Base
$166k
Bonus
Other
Benefits
$1k
VP of Programs
Board Vice President
25th percentile to median
$151k
$167k
Base
$134k
Bonus
Other
Benefits
$15k
Managing Director,strategi
Highest Compensated Employee
Below 10th percentile
$109k
$121k

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 30 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE CHICAGO SCHOLARS FOUNDATION equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
3%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 2%
from 2022

From $216k in 2022 to $221k in 2023.

$216k
2022
$221k
2023
In today's dollarsEst.
Down 1% in real terms$248k to $244k

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

Chief Executive Officer pay rose 2% from 2022 to 2023, while revenue fell 5%.

$216k in 2022 to $221k in 2023.
  • Chief Development Officer pay rose 2% from 2022 to 2023.
  • Board Vice President pay held roughly steady from 2022 to 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE CHICAGO SCHOLARS FOUNDATION

What does the Chief Executive Officer of THE CHICAGO SCHOLARS FOUNDATION earn?

In 2023, the Chief Executive Officer of THE CHICAGO SCHOLARS FOUNDATION received $220,682 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Illinois, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE CHICAGO SCHOLARS FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2023 pay of the Chief Executive Officer at THE CHICAGO SCHOLARS FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at THE CHICAGO SCHOLARS FOUNDATION equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are THE CHICAGO SCHOLARS FOUNDATION's revenue and expenses?

In 2023, THE CHICAGO SCHOLARS FOUNDATION reported $6.5M in total revenue and $7.6M in total expenses on its IRS Form 990.

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