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Filing year 2023

THE SUMMIT FOUNDATION

Breckenridge, Colorado·EIN 74-2341399·NTEE T30Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$6.4M
Total assets
$24.9M
Total expenses
$6M
Reported officers
36
Mission

FOR OVER 40 YEARS, THE SUMMIT FOUNDATION HAS BEEN THE TRUSTED PARTNER IN SUPPORTING THE ENTIRE SUMMIT COUNTY COMMUNITY AND PROVIDING STRONG LEADERSHIP TO ADDRESS THE MOST PRESSING COMMUNITY NEEDS. WE ARE RECOGNIZED AS THE LEADING PHILANTHROPIC ORGANIZATION FOR SUMMIT COUNTY AND OUR NEIGHBORING COMMUNITIES. WE ARE COMMITTED TO CREATING EVEN BETTER MOUNTAIN COMMUNITITES BY PROVIDING LEADERSHIP, AND WORKING ACROSS ALL BOUNDARIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

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

Executive Director
Median to 75th percentile
$188k
$206k
Base
$179k
Bonus
Other
Benefits
$4k
Director of Finance
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$82k
$90k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 34 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE SUMMIT FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
3%
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 6%
from 2022

From $177k in 2022 to $188k in 2023.

$177k
2022
$188k
2023
In today's dollarsEst.
Up 2% in real terms$202k to $206k

Estimated with BLS CPI-U for the West region, 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 6% from 2022 to 2023, while revenue fell 12%.

$177k in 2022 to $188k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 SUMMIT FOUNDATION

What does the Chief Executive Officer of THE SUMMIT FOUNDATION earn?

In 2023, the Chief Executive Officer of THE SUMMIT FOUNDATION received $187,801 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Colorado, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE SUMMIT FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Colorado, the 2023 pay of the Chief Executive Officer at THE SUMMIT FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at THE SUMMIT FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE SUMMIT FOUNDATION's revenue and expenses?

In 2023, THE SUMMIT FOUNDATION reported $6.4M in total revenue and $6M in total expenses on its IRS Form 990.

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