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 Ohio.
| Position | Total |
|---|---|
President Board President Median to 75th percentile | $66k $70k |
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.
Plus 7 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at THIRD FEDERAL FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
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
$3.9M
Itemized grants
91
Median grant
$25k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| UNIVERSITY SETTLEMENT | CLEVELAND, OH | CHARITABLE PURPOSE | $430k |
| CLEVELAND CENTRAL CATHOLIC HIGH SCHOOL | CLEVELAND, OH | CHARITABLE PURPOSE | $300k |
| TWO FOUNDATION | CHAGRIN FALLS, OH | CHARITABLE PURPOSE | $151k |
| NEIGHBORHOOD RENAISSANCE INC | WEST PALM BEACH, FL | CHARITABLE PURPOSE | $150k |
| THE LITERACY COOPERATIVE OF GREATER CLEVELAND | CLEVELAND, OH | CHARITABLE PURPOSE | $140k |
| BOYS AND GIRLS CLUB OF CLEVELAND | CLEVELAND, OH | CHARITABLE PURPOSE | $125k |
| GILMOUR ACADEMY | GATES MILLS, OH | CHARITABLE PURPOSE | $110k |
| FIRST TEE OF CLEVELAND | NEWBURGH HEIGHTS, OH | CHARITABLE PURPOSE | $100k |
| STELLA MARIS | CLEVELAND, OH | CHARITABLE PURPOSE | $100k |
| WESTERN RESERVE LAND CONSERVANCY | MORELAND HILLS, OH | CHARITABLE PURPOSE | $100k |
| CITY YEAR CLEVELAND | CLEVELAND, OH | CHARITABLE PURPOSE | $85k |
| JENNINGS CENTER FOR OLDER ADULTS | GARFIELD HEIGHTS, OH | CHARITABLE PURPOSE | $85k |
| YOUTH OPPORTUNITIES UNLIMITED | CLEVELAND, OH | CHARITABLE PURPOSE | $85k |
| AMERICA SCORES CLEVELAND | CLEVELAND, OH | CHARITABLE PURPOSE | $75k |
| CHN HOUSING PARTNERS | CLEVELAND, OH | CHARITABLE PURPOSE | $75k |
| CLEVELAND NEIGHBORHOOD PROGRESS | CLEVELAND, OH | CHARITABLE PURPOSE | $75k |
| FAMILY CONNECTIONS | SHAKER HTS, OH | CHARITABLE PURPOSE | $75k |
| SLAVIC VILLAGE DEVELOPMENT | CLEVELAND, OH | CHARITABLE PURPOSE | $75k |
| TAMPA BAY NEIGHBORHOOD HOUSING SERVICES INC | CLEARWATER, FL | CHARITABLE PURPOSE | $75k |
| ENTERPRISE COMMUNITY PARTNERS | CLEVELAND, OH | CHARITABLE PURPOSE | $70k |
| ANOTHER CHANCE OF OHIO | CLEVELAND, OH | CHARITABLE PURPOSE | $50k |
| EMPOWERING AND STRENGTHENING OHIO'S PEOPLE | CLEVELAND, OH | CHARITABLE PURPOSE | $50k |
| FUND FOR OUR ECONOMIC FUTURE | CLEVELAND, OH | CHARITABLE PURPOSE | $50k |
| HISPANIC UNITY OF FLA | HOLLYWOOD, FL | CHARITABLE PURPOSE | $50k |
| HOUSING FOUNDATION OF AMERICA | PEMBROKE PRINES, FL | CHARITABLE PURPOSE | $50k |
Down 78%
from 2023
From $299k in 2023 to $66k in 2024.
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.
Board President pay fell 78% from 2023 to 2024, while revenue rose 5%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), 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.
Common questions about THIRD FEDERAL FOUNDATION
What does the Board President of THIRD FEDERAL FOUNDATION earn?
In 2024, the Board President of THIRD FEDERAL FOUNDATION received $65,512 in total compensation. This pay is above the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Ohio, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board President pay at THIRD FEDERAL FOUNDATION compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Ohio, the 2024 pay of the Board President at THIRD FEDERAL FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at THIRD FEDERAL FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are THIRD FEDERAL FOUNDATION's revenue and expenses?
In 2024, THIRD FEDERAL FOUNDATION reported $3.1M in total revenue and $4.2M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.
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