The Foundation serves as an education advocate and provides a central voice for strategic engagement on issues relating to education which impact our schools. We interact with local and state leaders and education stakeholders, while serving as a vehicle for individuals and businesses to support public education in Madison County.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations in Alabama.
| Position | Total |
|---|---|
Executive Director 25th percentile to median | $70k $75k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 18 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at THE SCHOOLS FOUNDATION INC equaled 14% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education 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.
Held roughly steady
over 2 years
From $71k in 2022 to $70k in 2024.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 2% from 2022 to 2024, while revenue rose 5%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about THE SCHOOLS FOUNDATION INC
What does the Chief Executive Officer of THE SCHOOLS FOUNDATION INC earn?
In 2024, the Chief Executive Officer of THE SCHOOLS FOUNDATION INC received $70,350 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in Alabama, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at THE SCHOOLS FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Education organizations in Alabama, the 2024 pay of the Chief Executive Officer at THE SCHOOLS FOUNDATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at THE SCHOOLS FOUNDATION INC equaled 14% of the organization's total expenses. The median for education organizations is 7%.
What are THE SCHOOLS FOUNDATION INC's revenue and expenses?
In 2024, THE SCHOOLS FOUNDATION INC reported $631k in total revenue and $512k in total expenses on its IRS Form 990.
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