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Filing year 2024

THE LUTHERAN SCHOLARSHIP GRANTING ORGANIZATION OF INDIANA INC

Fort Wayne, Indiana·EIN 45-4856406·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$5.8M
Total assets
$8.5M
Total expenses
$4.2M
Reported officers
6
Mission

THE MISSION OF THE LUTHERAN SCHOLARSHIP GRANTING ORGANIZATION OF INDIANA, INC. IS TO RAISE FUNDS FROM INDIVIDUALS AND BUSINESSES AND DISTRIBUTE SCHOLARSHIP FUNDS TO ALL ELIGIBLE STUDENTS ATTENDING LUTHERAN AND OTHER CHRISTIAN SCHOOLS IN STATES SERVED BY THE LUTHERAN SGO.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana.

Executive Di
25th percentile to median
$69k
$74k

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 5 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE LUTHERAN SCHOLARSHIP GRANTING ORGANIZATION OF INDIANA INC equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Top compensation, year by year

From $19k in 2023 to $69k in 2024.

$19k
2023
$69k
2024
In today's dollarsEst.
Up 263% in real terms$20k to $74k

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.

Pay for the position

Chief Executive Officer pay rose 273% from 2023 to 2024, while revenue rose 16%.

$19k in 2023 to $69k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE LUTHERAN SCHOLARSHIP GRANTING ORGANIZATION OF INDIANA INC

What does the Chief Executive Officer of THE LUTHERAN SCHOLARSHIP GRANTING ORGANIZATION OF INDIANA INC earn?

In 2024, the Chief Executive Officer of THE LUTHERAN SCHOLARSHIP GRANTING ORGANIZATION OF INDIANA INC received $69,000 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE LUTHERAN SCHOLARSHIP GRANTING ORGANIZATION OF INDIANA INC 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 LUTHERAN SCHOLARSHIP GRANTING ORGANIZATION OF INDIANA INC falls between the 25th percentile and the median. In 2024, the highest total compensation at THE LUTHERAN SCHOLARSHIP GRANTING ORGANIZATION OF INDIANA INC equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE LUTHERAN SCHOLARSHIP GRANTING ORGANIZATION OF INDIANA INC's revenue and expenses?

In 2024, THE LUTHERAN SCHOLARSHIP GRANTING ORGANIZATION OF INDIANA INC reported $5.8M in total revenue and $4.2M in total expenses on its IRS Form 990.

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