Executive compensation
Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana.
| Position | Total |
|---|---|
Executive Director 75th to 90th percentile | $161k $173k |
Operations Director 25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers nationwide | $118k $127k |
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 12 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at The Clowes Fund Incorporated equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 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
$3.1M
Itemized grants
1
Median grant
$3.1M
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| See Attached Statement | Indianapolis, IN | See Attached | $3.1M |
Up 3%
from 2023
From $156k in 2023 to $161k 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.
Chief Executive Officer pay rose 3% from 2023 to 2024, while revenue rose 15%.
- Chief Operating Officer pay rose 4% 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 ($50M - $150M), 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 Clowes Fund Incorporated
What does the Chief Executive Officer of The Clowes Fund Incorporated earn?
In 2024, the Chief Executive Officer of The Clowes Fund Incorporated received $160,750 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at The Clowes Fund Incorporated compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2024 pay of the Chief Executive Officer at The Clowes Fund Incorporated falls between the 75th and 90th percentiles. In 2024, the highest total compensation at The Clowes Fund Incorporated equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are The Clowes Fund Incorporated's revenue and expenses?
In 2024, The Clowes Fund Incorporated reported $4.8M in total revenue and $4.1M 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.
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