Robert R McCormick Foundation
Chicago, IL · EIN 36-3689171 · Philanthropy and grantmaking · Rank 5,159 by total revenue
Provides grants and program support to organizations building thriving communities.
Money, Form 990 for tax year 2024
- Total revenue
- $105,305,792
- Total expenses
- $114,636,034
- Total assets
- $1,752,906,507
- Salary base (all salaries and wages)
- $3,391,280
- Salaries, other pay and benefits
- $4,140,259
- Employees
- 15
- Salary base per employee
- $226,085
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (11)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Timothy Knight | PRESIDENT & CHIEF EXECUTIVE OFFICER | Officer | 28 | $868,623 |
| Carla Beal | CIO & TREASURER | Officer | 32 | $633,360 |
| Andres Torres | VP-STRATEGY, PLANNING & OPS./SEC. | Officer | 24 | $359,530 |
| Dennis Fitzsimons | CHAIRMAN OF THE BOARD | Board, Officer | 2 | $55,000 |
| Oscar Regalado | VP-HUMAN RESOURCES | Key employee | 24 | $328,990 |
| Lee Henderson | DIRECTOR | Board | 2 | $55,000 |
| Mary K Lawler | DIRECTOR (AS OF 06/24) | Board | 2 | $55,000 |
| William McClean | DIRECTOR | Board | 2 | $55,000 |
| Ruthellyn Musil | DIRECTOR | Board | 2 | $55,000 |
| Celena Roldan | DIRECTOR | Board | 2 | $55,000 |
| Scott Smith | DIRECTOR | Board | 2 | $55,000 |
Top 10 paid people listed
These 10 people received $3,382,437, which is 99.7% of the $3,391,280 salary base shared by 15 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Timothy Knight | PRESIDENT & CHIEF EXECUTIVE OFFICER | Officer | 28 | $566,311 | $242,705 | $59,607 | $868,623 |
| Carla Beal | CIO & TREASURER | Officer | 32 | $462,758 | $115,689 | $54,913 | $633,360 |
| Andres Torres | VP-STRATEGY, PLANNING & OPS./SEC. | Officer | 24 | $183,199 | $122,133 | $54,198 | $359,530 |
| Oscar Regalado | VP-HUMAN RESOURCES | Key employee | 24 | $168,951 | $112,633 | $47,406 | $328,990 |
| Bryan Stokes | DIRECTOR, EDUCATION PORTFOLIO | Highly paid employee | 40 | $199,112 | $0 | $32,938 | $232,050 |
| Anna Laubach | DIRECTOR, SPECIAL INITIATIVES | Highly paid employee | 40 | $191,986 | $0 | $38,027 | $230,013 |
| Katya Nuques | DIRECTOR, LITTLE VILLAGE PORTFOLIO | Highly paid employee | 40 | $190,061 | $0 | $35,322 | $225,383 |
| Mirlene Dossous | DIRECTOR, ENGLEWOOD PORTFOLIO | Highly paid employee | 40 | $185,933 | $0 | $39,260 | $225,193 |
| Jose Rodriguez | DIRECTOR,COMMUNITY CAPITAL PORTFOLIO | Highly paid employee | 40 | $192,893 | $0 | $31,402 | $224,295 |
| Dennis Fitzsimons | CHAIRMAN OF THE BOARD | Board, Officer | 2 | $27,500 | $27,500 | $0 | $55,000 |
Sources
- IRS e-file return 202543219349309464 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 36-3689171
- Organization website (as filed): www.mccormickfoundation.org