Executive compensation
Form 990-PF · Part VIII · 4 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Medical Research organizations nationwide.
| Position | Total |
|---|---|
Trustee, Treasurer Board Member 25th percentile to median | $40k $44k |
Trustee, Chairman Board Chair 25th percentile to median | $40k $44k |
Trustee Board Member 10th to 25th percentile | $10k $11k |
Trustee Board Member 10th to 25th percentile | $10k $11k |
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.
Top pay as a share of expenses
In 2023, the highest total compensation at THE RICBAC FOUNDATION equaled 2% of the organization's total expenses. The median for medical research organizations is 10%.
Based on 1,118 medical research 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
$2.3M
Itemized grants
5
Median grant
$162k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| MASS GENERAL HOSPITAL | CHARLESTOWN, MA | MEDICAL CANCER RESEARCH | $1.5M |
| COOPER UNION - PRIOR YEAR GRANTS PAID IN CURRENT YEAR | NEW YORK, NY | MEDICAL CANCER RESEARCH | $537k |
| MARINE BIOLOGICAL LABORATORY | WOODS HOLE, MA | MEDICAL CANCER RESEARCH | $162k |
| UNITED HATZALA | NEW YORK, NY | EMERGENCY MEDICAL TRAINING AND TREATMENT | $25k |
| AMERICAN FRIENDS OF MAGEN DAVID ADOM | NEW YORK, NY | EMERGENCY MEDICAL TRAINING AND TREATMENT | $25k |
Held steady
from 2022
From $40k in 2022 to $40k in 2023.
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.
Board Member pay held roughly steady from 2022 to 2023, while revenue rose 36%.
- Board Chair pay held roughly steady from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
THE RICBAC FOUNDATION reported revenue and expenses across 2 filing years.
This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.
What Medical Research executives earn in Massachusetts
Comparable medical research organizations in Massachusetts pay their highest-earning executive a median of $183,768.
These are medical research sector-wide figures, not this organization's reported pay. Based on 74 organizations across 74 filings (2022 – 2024).
See full Medical Research pay data for Massachusetts →Common questions about THE RICBAC FOUNDATION
What does the Board Member of THE RICBAC FOUNDATION earn?
In 2023, the Board Member of THE RICBAC FOUNDATION received $40,000 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Medical Research organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at THE RICBAC FOUNDATION compare with similar nonprofits?
Compared with the same role at Medical Research organizations nationwide, the 2023 pay of the Board Member at THE RICBAC FOUNDATION falls between the 25th percentile and the median. In 2023, the highest total compensation at THE RICBAC FOUNDATION equaled 2% of the organization's total expenses. The median for medical research organizations is 10%.
What are THE RICBAC FOUNDATION's revenue and expenses?
In 2023, THE RICBAC FOUNDATION reported $2.6M in total revenue and $2.1M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.
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