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Filing year 2024

THE RISC FOUNDATION INC

New Haven, Connecticut·EIN 71-1051630·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$24.7M
Total assets
$279.4M
Total expenses
$14.2M
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2024

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

President/director
Board President
Above 90th percentile
$160k
$173k
Director
Unclassified
$35k
$38k
Treasurer/director
Unclassified
$35k
$38k
V.p./clerk/director
Unclassified
$35k
$38k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE RISC FOUNDATION INC equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
1%
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.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$6.8M

Itemized grants

2

Median grant

$3.4M

RecipientLocationPurposeAmount
COMMUNITY FOUNDATION OF GREATER NEW HAVENNEW HAVEN, CTPROGRAM SUPPORT$6.7M
JACOB'S PILLOW DANCE FESTIVAL INCBECKET, MAPROGRAM SUPPORT$50k
Compare this foundation's grantees

Top compensation, year by year

From $35k in 2023 to $160k in 2024.

$35k
2023
$160k
2024
In today's dollarsEst.
Up 342% in real terms$39k to $173k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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 ($150M - $1B), 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 RISC FOUNDATION INC

What does the Board President of THE RISC FOUNDATION INC earn?

In 2024, the Board President of THE RISC FOUNDATION INC received $160,000 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Connecticut: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at THE RISC FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Connecticut, the 2024 pay of the Board President at THE RISC FOUNDATION INC falls in the top 10%. In 2024, the highest total compensation at THE RISC FOUNDATION INC equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE RISC FOUNDATION INC's revenue and expenses?

In 2024, THE RISC FOUNDATION INC reported $24.7M in total revenue and $14.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.