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Filing year 2024

THE SK WELLMAN FOUNDATION

Independence, Ohio·EIN 34-6520032·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$511k
Total assets
$3.5M
Total expenses
$375k
Reported officers
5

Executive compensation

Form 990-PF · Part VIII · 5 reported individuals · Filing year 2024

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

Trustee
Board Member
75th to 90th percentile
$37k
$39k
Trustee
Board Member
10th to 25th percentile
$3k
$3k
Trustee
Board Member
10th to 25th percentile
$3k
$3k
Trustee
Board Member
10th to 25th percentile
$3k
$3k
Trustee
Board Member
10th to 25th percentile
$3k
$3k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest 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 SK WELLMAN FOUNDATION equaled 10% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
10%
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

$241k

Itemized grants

84

Median grant

$2k

RecipientLocationPurposeAmount
UNIVERSITY HOSPITALS - RAINBOWCLEVELAND, OHYOUTH CARE AND DEVELOPMENT$10k
MALACHI HOUSECLEVELAND, OHAID TO NEEDY$8k
SALVATION ARMY OF CLEVELANDCLEVELAND, OHAID TO NEEDY$8k
CLEVELAND RAPE CRISIS CENTERCLEVELAND, OHSUPPORT FOR ABUSED WOMEN$7k
BELLEFAIRECLEVELAND HTS, OHAID TO NEEEY$5k
CLEVELAND ANIMAL PROTECTIVE LEAGUECLEVELAND, OHFOSTERING ANIMAL ADOPTION$5k
CLEVELAND CLINIC TAUSSIG CANCER CENTERCLEVELAND, OHCANCER SUPPORT$5k
CLEVELAND METROPARKSCLEVELAND, OHNATURE PRESERVATION$5k
EDEN HOUSECLEVELAND, OHHOUSING SUPPORT$5k
FIELDSTONE FARM- THERAPEUTIC RIDING CENTERCHAGRIN FALLS, OHTHERAPY SUPPORT$5k
GREATER CLEVELAND FOOD BANKCLEVELAND, OHNUTRITIONAL SUPPORT$5k
HOSPICE OF THE WESTERN RESERVECLEVELAND, OHAID TO TERMINALLY ILL$5k
LUTHERAN METROPOLITAN MINISTRYCLEVELAND, OHRELIGIOUS SUPPORT$5k
ST MARTIN DE PORRESCLEVELAND, OHEDUCATIONAL SCHOLARSHIPS$5k
CLEVELAND ZOOLOGICAL SOCIETYCLEVELAND, OHEDUCATIONAL PROGRAMS$4k
FAMILY PROMISE OF GREATER CLEVELANDCLEVELAND, OHAID TO HOMELESS$4k
FOOD RESOURCE CENTERWICKLIFFE, OHCOMMUNITY SUPPORT$4k
GIRL SCOUTS OF NORTHEAST OHIOMACEDONIA, OHCOMMUNITY OUTREACH$4k
HAPPY TRAILS FARM ANIMAL SANCTUARYRAVENNA, OHANIMAL RESCUE$4k
PROVIDENCE HOUSECLEVELAND, OHAID TO NEEDY$4k
BUILDING HOPE IN THE CITYCLEVELAND, OHCOMMUNITY OUTREACH$3k
CLEVELAND ANGELSCLEVELAND, OHCOMMUNITY OUTREACH$3k
CLEVELAND INSTITUTE OF ARTCLEVELAND, OHSCHOLARSHIPS$3k
CLEVELAND PLAYHOUSECLEVELAND, OHART EDUCATION AND COMMUNITY OUTREACH$3k
CLEVELAND SIGHT CENTERCLEVELAND, OHAID TO THE BLIND$3k
Compare this foundation's grantees

Up 2%
from 2023

From $36k in 2023 to $37k in 2024.

$36k
2023
$37k
2024
In today's dollarsEst.
Down 1% in real terms$40k to $39k

Estimated with BLS CPI-U for the Midwest 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 2% from 2023 to 2024, while revenue rose 203%.

$36k in 2023 to $37k 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 ($1M - $10M), 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 SK WELLMAN FOUNDATION

What does the Board Member of THE SK WELLMAN FOUNDATION earn?

In 2024, the Board Member of THE SK WELLMAN FOUNDATION received $36,667 in total compensation. This pay is in the top quarter for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Ohio, though not the top 10% of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Ohio, the 2024 pay of the Board Member at THE SK WELLMAN FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at THE SK WELLMAN FOUNDATION equaled 10% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE SK WELLMAN FOUNDATION's revenue and expenses?

In 2024, THE SK WELLMAN FOUNDATION reported $511k in total revenue and $375k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.