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 Education organizations nationwide.
| Position | Total |
|---|---|
Executive Dir/president/sec/dir Board President Above 90th percentile | $138k $148k |
Chief Financial Officer 25th percentile to median | $100k $107k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2024, the highest total compensation at THE GROMET FOUNDATION equaled 18% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education 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
$110k
Itemized grants
26
Median grant
$5k
Up 10%
from 2023
From $125k in 2023 to $138k in 2024.
Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Board President pay rose 10% from 2023 to 2024, while revenue rose 41%.
- Chief Financial 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 ($1M - $10M), 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 GROMET FOUNDATION
What does the Board President of THE GROMET FOUNDATION earn?
In 2024, the Board President of THE GROMET FOUNDATION received $137,550 in total compensation. This pay is in the top 10% for Board President roles among Education organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board President pay at THE GROMET FOUNDATION compare with similar nonprofits?
Compared with the same role at Education organizations nationwide, the 2024 pay of the Board President at THE GROMET FOUNDATION falls in the top 10%. In 2024, the highest total compensation at THE GROMET FOUNDATION equaled 18% of the organization's total expenses. The median for education organizations is 7%.
What are THE GROMET FOUNDATION's revenue and expenses?
In 2024, THE GROMET FOUNDATION reported $789k in total revenue and $774k in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
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