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PeerBasis
Compensation Comparability Determination

Schroeder Scholarship Fund

Executive Director / CEO

EIN 232534681
PA · NTEE B820
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Gary Smedley, Executive Director / CEO ($12,300) against every comparable organization that fit the selection criteria — 65 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 23rd percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: Gary Smedley — reported title “TRUSTEE”, selected as the organization's highest-paid individual — no exact title match, so confirm this is a comparable role.

How comparable organizations were selected

65 organizations qualified on sector, size, and geography 65 within the band form the benchmarked peer set.

Distribution of comparable compensation

$1,854 total compensation of comparable organizations → $333,506 $12,300
$5,95610th
$13,25025th
$37,887Median
$69,76575th
$128,26990th
$12,300This org · 23rd
p10$5,956
p25$13,250
p50$37,887
p75$69,765
p90$128,269
$12,300

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 PA 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
Michael Sadler Foundation MI$80,801 President $24,000 $25,575 2023
Texas Food & Fuel Association Scholarship Foundation TX$80,681 President $20,944 $21,009 2024
Air Traffic Control Scholarship Fund VA$82,848 President And Ceo (Former) $42,750 $41,392 2024
Cma Education Foundation Inc CT$79,678 Executive Director $24,000 $23,232 2023
Belafonte Family Foundation Inc NY$79,282 President/exec Director $99,000 $92,357 2023
Blackstone Valley Education Foundation Inc MA$84,170 Executive Director $52,400 $46,001 2025
National Independent Automobile Dealers TX$78,487 President/ceo $15,238 $15,736 2023
Oscar & Mildred Larson Scholarship Trust PA$78,461 Provost $60,531 $62,319 2023
The Buck Scholars Association Inc CA$85,060 Executive Director $42,500 $37,887 2023
Western Telecommunications Alliance MT$77,444 Executive Vice President $51,810 $56,003 2024
United Association Scholarship Trust MD$86,082 Trustee $154,691 $145,023 2024
Sartell-st Stephen Education Foundation MN$86,602 Exec Consultant/pres (Beg 2/2024) $10,800 $10,701 2024
Vada Charitable Foundation Inc VA$75,990 President $90,961 $85,800 2025
Chris Kolenda Saber Six Foundation WI$87,451 Executive Director $68,908 $74,296 2023
Linda Lorelle Scholarship Fund TX$87,813 Ceo $60,000 $58,633 2025
Delores A Sachs Charitable Trust WI$74,789 Trustee $12,929 $13,540 2024
Onnemi International Ministries TX$74,227 Vice President Missionary $30,296 $29,606 2025
Denny Family Foundation VT$74,178 President $46,571 $48,394 2023
The Ad Club Foundation Inc MA$88,872 President & Director $7,941 $7,367 2023
Lift Womens Foundation IL$73,534 Executive Director $13,085 $12,900 2024
Matthew J Deluca-dominic Olivo OH$89,306 Co-chairman $210,111 $229,748 2023
Mz Foundation TX$72,332 Executive Director $254,189 $254,974 2024
Maine Children's Scholarship Fund ME$72,109 Program Dire $19,488 $19,568 2024
Wpma Scholarship Foundation UT$72,092 Secretary/treasurer $31,724 $31,719 2025
Nevada Hospitality Foundation NV$91,113 President, Ceo $35,000 $35,180 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to PA cost of living and 2024 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 PA 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 default23rd
Total compensation (D + F), as reported (no adjustments)25th
Reportable pay only (column D), adjusted68th
All sources (D + E + F), adjusted17th

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 Smedley) 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 9, 2026, comparing compensation against 65 similarly situated organizations (Same NTEE sector (B82), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $12,300 is reasonable (approximately the 23rd 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 9, 2026.