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 Michigan.
| Position | Total |
|---|---|
Trustee Board Member Median to 75th percentile | $23k $25k |
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 →
Top pay as a share of expenses
In 2024, the highest total compensation at VICTOR AND MARY NELSON SCHOLARSHIP FUND equaled 6% 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
$277k
Itemized grants
16
Median grant
$8k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| UNIVERSITY OF WISCONSIN-MADISON | MADISON, WI | SCHOLARSHIP | $77k |
| UNIVERISTY OF MINNESOTA DULUTH | DULUTH, MN | SCHOLARSHIP | $40k |
| UNIVERSITY OF WISCONSIN-SUPERIOR | SUPERIOR, WI | SCHOLARSHIP | $32k |
| UNIVERISTY OF MINNESOTA - TWIN CITIES | MINNEAPOLIS, MN | SCHOLARSHIP | $27k |
| NORTH DAKOTA STATE UNIVERSITY | FARGO, ND | SCHOLARSHIP | $23k |
| COLLEGE OF ST SCHOLASTICA INC | DULUTH, MN | SCHOLARSHIP | $11k |
| BEMIDJI STATE UNIVERSITY | BEMIDJI, MN | SCHOLARSHIP | $10k |
| MICHIGAN TECHOLOGICAL UNIVERSITY | HOUGHTON, MI | SCHOLARSHIP | $9k |
| LOYOLA UNIVERSITY CHICAGO | CHICAGO, IL | SCHOLARSHIP | $8k |
| WELLESLEY COLLEGE | WELLESLEY, MA | SCHOLARSHIP | $8k |
| UNIVERSITY OF WISCONSIN - EAU CLAIRE | EAU CLAIRE, WI | SCHOLARSHIP | $8k |
| KANSAS STATE UNIVERSITY | MANHATTAN, KS | SCHOLARSHIP | $7k |
| HAMPSHIRE COLLEGE | AMHERST, MA | SCHOLARSHIP | $7k |
| UNIVERSITY OF WISCONSIN - RIVER FALLS | RIVER FALLS, WI | SCHOLARSHIP | $6k |
| HAMLINE UNIVERISTY | ST PAUL, MN | SCHOLARSHIP | $5k |
| LAKE SUPERIOR COLLEGE | DULUTH, MN | SCHOLARSHIP | $3k |
Up 36%
from 2023
From $17k in 2023 to $23k 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 Member pay rose 36% from 2023 to 2024, while revenue fell 85%.
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 ($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.
Common questions about VICTOR AND MARY NELSON SCHOLARSHIP FUND
What does the Board Member of VICTOR AND MARY NELSON SCHOLARSHIP FUND earn?
In 2024, the Board Member of VICTOR AND MARY NELSON SCHOLARSHIP FUND received $22,845 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Michigan, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at VICTOR AND MARY NELSON SCHOLARSHIP FUND compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan, the 2024 pay of the Board Member at VICTOR AND MARY NELSON SCHOLARSHIP FUND falls between the median and the 75th percentile. In 2024, the highest total compensation at VICTOR AND MARY NELSON SCHOLARSHIP FUND equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are VICTOR AND MARY NELSON SCHOLARSHIP FUND's revenue and expenses?
In 2024, VICTOR AND MARY NELSON SCHOLARSHIP FUND reported $205k in total revenue and $411k 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.
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