Executive compensation
Form 990-PF · Part VIII · 7 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations nationwide.
| Position | Total |
|---|---|
Board Member 25th percentile to medianvs Education peers in Indiana | $13k $14k |
Treasurer Board Treasurer Median to 75th percentile | $12k $13k |
Board Member 25th percentile to medianvs Education peers in Indiana | $12k $13k |
Board Member 25th percentile to medianvs Education peers in Indiana | $12k $13k |
Secretary Board Secretary 25th percentile to median | $12k $13k |
President Board President 25th percentile to median | $12k $13k |
Chairman Board Chair 25th percentile to median | $12k $13k |
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 WILLIAM E SCHMIDT FOUNDATION INC equaled 0.6% 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
$413k
Itemized grants
35
Median grant
$5k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| SARASOTA OPERA ASSOCIATION | SARASOTA, FL | YOUTH OPERA PLEDGE | $105k |
| TENNESSEE GOLF FOUNDATION | FRANKLIN, TN | SCHOLARSHIP | $40k |
| YMCA CAMP CARSON | PRINCETON, IN | MILITARY FAMILY SUPPORT | $38k |
| DAN SCISM COLLEGE SCHOLARSHIP FUND | EVANSVILLE, IN | SCHOLARSHIP SPONSOR | $25k |
| MIAMI UNIVERSITY | OXFORD, OH | DONATION | $25k |
| UNIVERSITY OF EVANSVILLE | EVANSVILLE, IN | DONATION | $25k |
| MANATEE TECHNICAL COLLEGE | BRADENTON, FL | DONATION | $20k |
| TRINITY UNITED METHODIST CHURCH | EVANSVILLE, IN | DONATION | $20k |
| TRANSFORMATION NASHVILLE | NASHVILLE, TN | DONATION | $20k |
| DREAM CENTER EVANSVILLE | EVANSVILLE, IN | DONATION | $15k |
| EVANSVILLE PHILHARMONIC ORCHESTRA | EVANSVILLE, IN | DONATION | $10k |
| HELEN B GOODLIN FOUNDATION | SAN DIEGO, CA | CONTEST FUNDS | $10k |
| STUDIO TENN THEATRE COMPANY | FRANKLIN, TN | DONATION | $9k |
| MATTINGLY CHARITIES | SHELTON, CT | GRANT | $8k |
| ARAPAHO UNITED METHODIST CHURCH | RICHARDSON, TX | DONATION | $5k |
| BEA GADDY FAMILY CENTERS INC | BALTIMORE, MD | DONATION | $5k |
| NAVY LEAGUE MEMPHIS COUNCIL | GERMANTOWN, TN | DONATION | $5k |
| OPERA ON TAP | BROOKLYN, NY | DONATION | $5k |
| PALM BEACH ATLANTIC UNIVERSITY | WEST PALM BEACH, FL | DONATION | $5k |
| GREAT LAKES CHAMBER MUSIC FESTIVAL | SOUTHFIELD, MI | DONATION | $3k |
| UMOJA PARTNERSHIP INC | INDIANAPOLIS, IN | DONATION | $3k |
| BUTLER UNIVERSITY | INDIANAPOLIS, IN | DONATION | $2k |
| NORTH UNITED METHODIST CHURCH | EVANSVILLE, IN | DONATION | $2k |
| EPISCOPAL SCHOOL OF NASHVILLE | NASHVILLE, TN | DONATION | $1k |
| GRACE UNITED METHODIST CHURCH | SOUTH BEND, IN | DONATION | $1k |
Up 6%
from 2023
From $12k in 2023 to $13k 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 219% from 2023 to 2024, while revenue rose 12%.
- Board Secretary pay held roughly steady from 2023 to 2024.
- Board President pay held roughly steady from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
WILLIAM E SCHMIDT FOUNDATION INC reported revenue and expenses across 2 filing years.
This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.
What Education executives earn in Indiana
Comparable education organizations in Indiana pay their highest-earning executive a median of $76,362.
These are education sector-wide figures, not this organization's reported pay. Based on 531 organizations across 531 filings (2022 – 2024).
See full Education pay data for Indiana →Common questions about WILLIAM E SCHMIDT FOUNDATION INC
What does the Board Member of WILLIAM E SCHMIDT FOUNDATION INC earn?
In 2024, the Board Member of WILLIAM E SCHMIDT FOUNDATION INC received $12,750 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Education organizations in Indiana, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at WILLIAM E SCHMIDT FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Education organizations in Indiana, the 2024 pay of the Board Member at WILLIAM E SCHMIDT FOUNDATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at WILLIAM E SCHMIDT FOUNDATION INC equaled 0.6% of the organization's total expenses. The median for education organizations is 7%.
What are WILLIAM E SCHMIDT FOUNDATION INC's revenue and expenses?
In 2024, WILLIAM E SCHMIDT FOUNDATION INC reported $2.5M in total revenue and $2.3M in total expenses on its IRS Form 990.
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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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