THE FOUNDATION SUPPORTS THE OPERATIONS OF THE SONIA SHANKMAN ORTHOGENIC SCHOOL AND THE HYDE PARK DAY SCHOOLS AND MANAGES THE INVESTMENTS IT OWNS FOR THIS USE. ADDITIONALLY, IT IS THE OWNER OF FEDC HOLDINGS LLC, A DISREGARDED ENTITY, WHICH HOLDS REAL ESTATE ASSETS OF THE ORGANIZATION.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois.
| Position | Total |
|---|---|
CFO & Executive Director 10th to 25th percentile | $44k $48k |
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 5 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2023, the highest total compensation at THE FOUNDATION FOR THE EDUCATIONAL DEVELOPMENT OF CHILDREN 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.
Down 81%
from 2022
From $233k in 2022 to $44k in 2023.
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.
Chief Executive Officer pay fell 81% from 2022 to 2023, while revenue rose 16%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about THE FOUNDATION FOR THE EDUCATIONAL DEVELOPMENT OF CHILDREN
What does the Chief Executive Officer of THE FOUNDATION FOR THE EDUCATIONAL DEVELOPMENT OF CHILDREN earn?
In 2023, the Chief Executive Officer of THE FOUNDATION FOR THE EDUCATIONAL DEVELOPMENT OF CHILDREN received $43,527 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at THE FOUNDATION FOR THE EDUCATIONAL DEVELOPMENT OF CHILDREN compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2023 pay of the Chief Executive Officer at THE FOUNDATION FOR THE EDUCATIONAL DEVELOPMENT OF CHILDREN falls between the 10th and 25th percentiles. In 2023, the highest total compensation at THE FOUNDATION FOR THE EDUCATIONAL DEVELOPMENT OF CHILDREN equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are THE FOUNDATION FOR THE EDUCATIONAL DEVELOPMENT OF CHILDREN's revenue and expenses?
In 2023, THE FOUNDATION FOR THE EDUCATIONAL DEVELOPMENT OF CHILDREN reported $2.3M in total revenue and $1M in total expenses on its IRS Form 990.
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