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Filing year 2023

THE ORBIT FUND

Chicago, Illinois·EIN 36-7086541·NTEE T20J · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1k
Total assets
$307k
Total expenses
$17k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2023. THE ORBIT FUND reported 2 unpaid officers and board members on its 990-PF.

Trustee
Trustee

Grants paid

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

Total granted

$12k

Itemized grants

5

Median grant

$3k

RecipientLocationPurposeAmount
SOCIETY FOR CONTEMPORARY ARTCHICAGO, ILEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED$5k
THE RENAISSANCE SOCIETYCHICAGO, ILEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED$4k
PRIMARY INFORMATIONBROOKLYN, NYEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED$3k
WESTSIDE FOUNDATIONOMAHA, NEEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED$1k
ELMHURST ART COLLEGEELMHURST, ILEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED$500

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Illinois

THE ORBIT FUND reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Illinois earns a median of $20,738.

25th percentile
$7k
Median
$20,738
75th percentile
$60k
90th percentile
$148k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 2,342 organizations across 2,342 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Illinois
FAQ

Common questions about THE ORBIT FUND

What are THE ORBIT FUND's revenue and expenses?

In 2023, THE ORBIT FUND reported $1k in total revenue and $17k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.