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Filing year 2023

THE LENFEST SCHOLARS FOUNDATION INC

Wayne, Pennsylvania·EIN 47-1810540·NTEE B82 · Education·501(c)(3)
Total revenue
$2.3M
Total assets
$61.6M
Total expenses
$3.9M
Reported officers
14

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2023

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

Executive Director
75th to 90th percentile
$255k
Secretary & Director of Operations
10th to 25th percentile
$81k

Plus 12 unpaid individuals.

Browse compensation in Education →

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE LENFEST SCHOLARS FOUNDATION INC equaled 6% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
6%
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.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$1.9M

Itemized grants

3

Median grant

$150k

Up 3%
from 2022

From $248k in 2022 to $255k in 2023.

$248k
2022
$255k
2023
Pay for the position

Chief Executive Officer pay rose 3% from 2022 to 2023, while revenue rose 75%.

$248k in 2022 to $255k in 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.

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.

FAQ

Common questions about THE LENFEST SCHOLARS FOUNDATION INC

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

In 2023, the Chief Executive Officer of THE LENFEST SCHOLARS FOUNDATION INC received $255,273 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Pennsylvania, though not the top 10% of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in Pennsylvania, the 2023 pay of the Chief Executive Officer at THE LENFEST SCHOLARS FOUNDATION INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at THE LENFEST SCHOLARS FOUNDATION INC equaled 6% of the organization's total expenses. The median for education organizations is 7%.

What are THE LENFEST SCHOLARS FOUNDATION INC's revenue and expenses?

In 2023, THE LENFEST SCHOLARS FOUNDATION INC reported $2.3M in total revenue and $3.9M 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.