Executive compensation
Form 990-PF · Part VIII · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts.
| Position | Total |
|---|---|
President Board President 25th percentile to median | $9k $10k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 2 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2023, the highest total compensation at THE PROSPECT ADVANCEMENT FUND equaled 16% 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.
Grants paid
Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.
Total granted
$27k
Itemized grants
3
Median grant
$2k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| WE WILL ALL RISE | BALTIMORE, MD | FELLOWSHIPS FOR YOUNG MEN OF COLOR | $25k |
| BROTHERS LIBERATING OUR COMMUNITIES | KANSAS CITY, MO | FELLOWSHIPS FOR BLACK MALE EDUCATORS | $2k |
| HAYMARKET PEOPLE'S FUND | JAMAICA PLAIN, MA | SOCIAL JUSTICE CAUSES IN NEW ENGLAND | $515 |
This is a private foundation. Peers are foundations of similar asset size (Under $1M), 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 PROSPECT ADVANCEMENT FUND
What does the Board President of THE PROSPECT ADVANCEMENT FUND earn?
In 2023, the Board President of THE PROSPECT ADVANCEMENT FUND received $9,000 in total compensation. This pay is below the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Board President pay at THE PROSPECT ADVANCEMENT FUND compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, the 2023 pay of the Board President at THE PROSPECT ADVANCEMENT FUND falls between the 25th percentile and the median. In 2023, the highest total compensation at THE PROSPECT ADVANCEMENT FUND equaled 16% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are THE PROSPECT ADVANCEMENT FUND's revenue and expenses?
In 2023, THE PROSPECT ADVANCEMENT FUND reported $40k in total revenue and $55k 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.
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