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 Education organizations in Iowa.
| Position | Total |
|---|---|
Trustee Board Member 75th to 90th percentile | $75k $81k |
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.
Top pay as a share of expenses
In 2024, the highest total compensation at W D & Shirley Schafer-Ray Educational Trust equaled 20% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education 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
$289k
Itemized grants
28
Median grant
$3k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Southwestern Community College | Creston, IA | Scholarship | $115k |
| Iowa State University | Ames, IA | Scholarship | $38k |
| University of Memphis | Memphis, TN | Education of the learning disabled | $29k |
| University of Iowa | Iowa City, IA | Scholarship | $13k |
| Des Moines University | West Des Moines, IA | Scholarship | $10k |
| University of Northern Iowa | Cedar Falls, IA | Scholarship | $9k |
| Northwest Missouri State University | Maryville, MO | Scholarship | $9k |
| Drake University | Des Moines, IA | Scholarship | $8k |
| South Dakota State University | Brookings, SD | Scholarship | $6k |
| Columbia College | Dubuque, IA | Scholarship | $5k |
| Kirkwood Community College | Cedar Rapids, IA | Scholarship | $5k |
| Morningside University | Sioux City, IA | Scholarship | $5k |
| Graceland University | Lamoni, IA | Scholarship | $4k |
| Simpson College | Indianola, IA | Scholarship | $3k |
| Creighton University | Omaha, NE | Scholarship | $3k |
| Grandview University | Des Moines, IA | Scholarship | $3k |
| Southeastern Community College | Burlington, IA | Scholarship | $3k |
| Pennsylvania State University | University Park, PA | Scholarship | $3k |
| University of Kansas | Lawrence, KS | Scholarship | $3k |
| Univership of Nebraska Lincoln | Lincoln, NE | Scholarship | $3k |
| University of Pittsburg | Pittsburg, PA | Scholarship | $3k |
| William Jewel Colleg | Liberty, MO | Scholarship | $3k |
| Buena Vista University | Storm Lake, IA | Scholarship | $1k |
| Kansas State University | Manhattan, KS | Scholarship | $1k |
| Northwest Lineman College | Meridian, ID | Scholarship | $1k |
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 W D & Shirley Schafer-Ray Educational Trust
What does the Board Member of W D & Shirley Schafer-Ray Educational Trust earn?
In 2024, the Board Member of W D & Shirley Schafer-Ray Educational Trust received $75,000 in total compensation. This pay is in the top quarter for Board Member roles among Education organizations in Iowa, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at W D & Shirley Schafer-Ray Educational Trust compare with similar nonprofits?
Compared with the same role at Education organizations in Iowa, the 2024 pay of the Board Member at W D & Shirley Schafer-Ray Educational Trust falls between the 75th and 90th percentiles. In 2024, the highest total compensation at W D & Shirley Schafer-Ray Educational Trust equaled 20% of the organization's total expenses. The median for education organizations is 7%.
What are W D & Shirley Schafer-Ray Educational Trust's revenue and expenses?
In 2024, W D & Shirley Schafer-Ray Educational Trust reported $183k in total revenue and $374k 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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