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Filing year 2024

THE SCHENECTADY FOUNDATION

Schenectady, New York·EIN 14-6019650·NTEE T11 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$3.5M
Total assets
$56M
Total expenses
$2.5M
Reported officers
14
Mission

THE MISSION OF THE SCHENECTADY FOUNDATION IS TO ACHIEVE SUSTAINABLE IMPROVEMENT IN THE HEALTH AND WELFARE OF PEOPLE, ORGANIZATIONS AND NEIGHBORHOODS IN SCHENECTADY COUNTY THROUGH THE INVESTMENT OF PHILANTHROPIC RESOURCES.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

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

Trustee
Board Member
Above 90th percentile
$189k
$204k
Trustee
Board Member
75th to 90th percentile
$26k
$29k
Executive Director and Sec
Below 10th percentile
$15k
$16k
Trustee
Board Member
25th percentile to median
$5k
$6k

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.

Plus 10 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 SCHENECTADY FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
7%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 14%
from 2023

From $166k in 2023 to $189k in 2024.

$166k
2023
$189k
2024
In today's dollarsEst.
Up 10% in real terms$185k to $204k

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.

Pay for the position

Board Member pay rose 14% from 2023 to 2024, while revenue rose 17%.

$166k in 2023 to $189k in 2024.
  • Chief Executive Officer pay fell 16% from 2023 to 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 SCHENECTADY FOUNDATION

What does the Board Member of THE SCHENECTADY FOUNDATION earn?

In 2024, the Board Member of THE SCHENECTADY FOUNDATION received $188,697 in total compensation. This pay is in the top 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at THE SCHENECTADY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2024 pay of the Board Member at THE SCHENECTADY FOUNDATION falls in the top 10%. In 2024, the highest total compensation at THE SCHENECTADY FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE SCHENECTADY FOUNDATION's revenue and expenses?

In 2024, THE SCHENECTADY FOUNDATION reported $3.5M in total revenue and $2.5M in total expenses on its IRS Form 990.

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