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Filing year 2023

THE CHICAGO SCHOLARS FOUNDATION

Chicago, Illinois·EIN 36-4117530·NTEE B80 · Education·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 · Schedule J · 5 reported individuals · Filing year 2023

Base
$211k
Bonus
Other
Benefits
$6k
$192k
$213k
Base
$173k
Bonus
Other
Benefits
$15k
Chief Development & Operations Officer
$170k
$188k
Base
$166k
Bonus
Other
Benefits
$1k
VP of Programs
vice president
$151k
$167k
Base
$134k
Bonus
Other
Benefits
$15k
Managing Director,strategi
highest compensated employee
$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

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE CHICAGO SCHOLARS FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.9M
$7.8M
2022
$6.5M
$7.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Illinois

Comparable education organizations in Illinois pay their highest-earning executive a median of $79,978.

25th percentile
$25k
Median
$79,978
75th percentile
$195k
90th percentile
$368k

These are education sector-wide figures, not this organization's reported pay. Based on 362 organizations across 362 filings (2021 – 2023).

See full Education pay data for Illinois
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