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PeerBasis
Compensation Comparability Determination

Natural Refrigeration Foundation

Executive Director / CEO

EIN 208044425
VA · NTEE B82
FY ending 2025-06-30
June 10, 2026

This analysis benchmarks the total compensation of Gary Schrift, Executive Director / CEO ($365,313) against every comparable organization that fit the selection criteria — 206 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 100th percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: Gary Schrift — reported title “IIAR PRESIDENT”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

206 organizations qualified on sector, size, and geography 206 within the band form the benchmarked peer set.

Distribution of comparable compensation

$274 total compensation of comparable organizations → $334,321 $365,313
$12,43410th
$28,61225th
$63,762Median
$101,99775th
$137,31490th
$365,313This org · 100th
p10$12,434
p25$28,612
p50$63,762
p75$101,997
p90$137,314
$365,313

Comparable organizations

Each figure is Form 990 Part VII columns D + F (reportable pay plus other compensation and benefits; column F may include amounts from related organizations), normalized to VA cost of living (BEA RPP, 2023) and to its filing year (CPI-U); the reported amount is on each linked 990.

OrganizationStateRevenueMatched titleComp
(reported)
Comp
(adjusted)
FY
Imagine Scholar Inc WA$482,994 Executive Dir. $97,402 $92,706 2024
Ohio Restaurant Association Education OH$480,705 Executive Director $94,328 $109,348 2023
Black In Ai CA$480,536 Ceo $197,918 $181,685 2024
Hyde Park Institute IL$483,854 Trustee/dire $148,332 $155,028 2024
South Central Section Pga Foundation OK$479,970 Executive Director $25,405 $29,739 2024
Great Sso Inc GA$479,813 President $35,500 $39,068 2023
The Douglas And Frances Lanier Foundation Inc MS$486,469 President $15,750 $18,649 2024
Hispanic Heritage Scholarship Fund Inc FL$476,823 Executive Director $95,000 $94,876 2024
Warren Alvarado Oslo Public School Education Foundation MN$475,891 Chairman $1,200 $1,298 2023
The Adirondack Scholar Found Inc NY$475,721 Executive Di $19,375 $18,613 2024
222 Foundation IL$488,843 Executive Director $110,250 $118,631 2023
Educational Foundation Of The Southeast Texas TX$474,724 Executive Director $137,774 $150,839 2023
Usa Patriots Veteran Athletics FL$473,066 Executive Director $125,000 $124,836 2024
Kiwanis Club Of Bradenton Foundation FL$492,276 Executive Director $19,454 $19,429 2024
Center For Advancing Community RI$492,491 Executive Director $134,616 $137,224 2024
Secu Md Foundation Inc MD$471,662 Executive Director $98,996 $98,391 2024
Bright Choice Foundation TX$492,742 Ceo $62,083 $67,970 2023
Gccs Educational Foundation IN$470,769 Executive Director $83,612 $91,320 2025
National Hook-up Of Black Womenjoliet Chapter IL$494,813 President $48,327 $50,509 2024
Loretta K Vogt Charitable Trust WI$498,412 Trustee $38,022 $42,214 2024
Nevada Broadcasters Foundation NV$465,663 Executive Di $22,815 $24,312 2024
Northern California Laborers CA$498,744 President $149,680 $137,403 2024
Isabella Grimes Educational Fund IL$499,972 Trustee $1,500 $1,568 2024
Scholarship Fund For Rainier Scholars WA$462,794 Director Of Finance And Operations $132,403 $126,020 2024
Ndoto TX$461,884 Executive Director $69,290 $73,684 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to VA cost of living and 2025 dollars. Click any organization to verify the figure on ProPublica.

Methodology

Comparable organizations were drawn from electronically filed IRS Form 990 returns and matched on sector (NTEE code), budget (a size-adaptive revenue band that tightens as the organization grows), and geography (same-state first, broadening only when too few peers qualify); every organization within the band forms the peer set. To compare fairly across regions and years, peer compensation is normalized to VA cost of living (BEA Regional Price Parities, 2023) and to the subject's filing year (CPI-U). The figure benchmarked is Form 990 Part VII, Section A, columns D + F — reportable pay plus other compensation, benefits, and deferred amounts (column F may include amounts from related organizations) — with the chief executive matched by role. Related-organization amounts (column E) and institutional trustees are excluded. Full methodology: peerbasis.org/methodology.

Sample, role match & sensitivity

Sensitivity — the subject's percentile under alternative compensation definitions:

BasisSubject percentile
Total compensation (D + F), cost-of-living + inflation adjusted — the PeerBasis default100th
Total compensation (D + F), as reported (no adjustments)100th
Reportable pay only (column D), adjusted100th
All sources (D + E + F), adjusted90th

If the percentile moves materially across these definitions, the result is sensitive to methodology choices, and the board should weigh which basis best fits its facts.

Rebuttable presumption of reasonableness · 26 CFR 53.4958-6

Compensation paid by a tax-exempt organization is presumed reasonable — shifting the burden to the IRS — when three requirements are met. This report supplies the comparability data for the second. The board should record the following in its minutes concurrently with its decision:

Draft board minutes — executive compensation

  1. The compensation of the Executive Director / CEO (Gary Schrift) was approved in advance by [the Board / Compensation Committee], composed of members with no conflict of interest with respect to the arrangement.
  2. Prior to its determination, the authorized body obtained and relied upon appropriate comparability data, namely the PeerBasis Compensation Comparability Determination dated June 10, 2026, comparing compensation against 206 similarly situated organizations (Same NTEE sector (B82), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $365,313 is reasonable (approximately the 100th percentile of comparable organizations) and documented the basis for this determination concurrently, on [date], by a vote of [__ for / __ against].

Sources: IRS Form 990 e-file data (apps.irs.gov); IRS Business Master File (NTEE classification). Every figure traces to an original public filing — click any organization above to verify it on ProPublica. PeerBasis is a service of Prismind Analytics; its methodology is published, was commissioned for independent adversarial review, and discloses its own limitations. This report is comparability data to support a board's good-faith determination under IRC 4958; it is not legal or tax advice. Generated by PeerBasis on June 10, 2026.