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Filing year 2024

The Schooner Foundation

Boston, Massachusetts·EIN 04-3347626·NTEE T20J · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$18.7M
Total assets
$253.7M
Total expenses
$27.7M
Reported officers
10

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

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

Executive Director
75th to 90th percentile
$204k
$218k

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 9 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 Schooner Foundation equaled 0.7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.7%
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.

Grants paid

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

Total granted

$19.4M

Itemized grants

129

Median grant

$90k

RecipientLocationPurposeAmount
NAACPBaltimore, MDBuilding Community Voices Fund$2M
NAACPBaltimore, MDBuilding Community Voices Fund$1.5M
The Nature ConservancyArlington, VALeveraging our Lands$1.4M
Trustees of Boston UniversityBoston, MABoston University Center for Innovation in Social Work and Health$1M
Brigham and Women's HospitalBoston, MAPaul Farmer, MD, PhD, Distinguished Chair$625k
Here Right Matters FoundationDumfries, VAGeneral Operations$590k
Brigham and Women's HospitalBoston, MAHiatt Residency$500k
State Leadership ProjectRaleigh, NCStrategic Victory Fund$500k
Trustees of Boston UniversityBoston, MACenter for Forced Displacement$500k
American Ireland FundBoston, MATrinity College Dublin$444k
Turquoise Mountain FoundationWashington, DCFocused Support$350k
Partners in Health a Non Profit CorporationBoston, MAFocused Support$300k
NAACPBaltimore, MDFocused Support$258k
African Visionary FundBoston, MAGeneral Support$250k
Hopewell FundWashington, DCFree Election Fund$250k
Last Mile HealthBoston, MAGeneral Support (Liberia, Malawi)$250k
Madre IncNew York, NYGeneral Support$250k
Massachusetts General HospitalBoston, MARural Health Fellowship Program$250k
Protect DemocracyWashington, DCGeneral Support$250k
Roddenberry FoundationNorth Hollywood, CAPlus 1 Global Fund for Food Security$250k
Seed Global Health IncBoston, MAGeneral operations in Uganda$250k
Syrian American Medical Society FoundationWashington, DCFocused Support$250k
Syrian American Medical Society FoundationWashington, DCFocused Support$250k
UCSF FoundationSan Francisco, CAHEAL Initiative$250k
Vet Voice Foundation IncPortland, ORFocused Support$250k
Compare this foundation's grantees

Up 24%
from 2023

From $164k in 2023 to $204k in 2024.

$164k
2023
$204k
2024
In today's dollarsEst.
Up 20% in real terms$181k to $218k

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.

Pay for the position

Chief Executive Officer pay rose 24% from 2023 to 2024, while revenue rose 7%.

$164k in 2023 to $204k in 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.

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 Schooner Foundation

What does the Chief Executive Officer of The Schooner Foundation earn?

In 2024, the Chief Executive Officer of The Schooner Foundation received $203,870 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at The Schooner Foundation compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, the 2024 pay of the Chief Executive Officer at The Schooner Foundation falls between the 75th and 90th percentiles. In 2024, the highest total compensation at The Schooner Foundation equaled 0.7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are The Schooner Foundation's revenue and expenses?

In 2024, The Schooner Foundation reported $18.7M in total revenue and $27.7M 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.