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PeerBasis
Compensation Comparability Determination

The Ivy Foundation

Executive Director / CEO

EIN 311685355
VA · NTEE B114
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of Kari Evans, Executive Director / CEO ($104,004) against every comparable organization that fit the selection criteria — 32 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 91st percentile of comparable organizationsabove the 90th percentile — board review recommended

Benchmarked executive: Kari Evans — reported title “EXECUTIVE DIRECTOR”, a direct title match to the Executive Director / CEO role.

How comparable organizations were selected

32 organizations qualified on sector, size, and geography 32 within the band form the benchmarked peer set.

Distribution of comparable compensation

$209 total compensation of comparable organizations → $251,642 $104,004
$1,63410th
$3,65825th
$17,226Median
$35,78975th
$94,85990th
$104,004This org · 91st
p10$1,634
p25$3,658
p50$17,226
p75$35,789
p90$94,859
$104,004

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
Junior Achievement Of Eastern Iowa IA$54,804 Authorized Agent $8,616 $9,491 2024
Barat Education Foundation IL$52,959 Treasurer $3,000 $2,891 2025
The Drost Family Foundation NY$52,606 Trustee $2,860 $2,677 2023
Wilson Area Partners In Education Founda PA$57,003 Executive Director $29,446 $30,412 2023
Charles Henry Leach Ii Fund For Duquesne University PA$57,036 Pres/director $134,644 $135,073 2024
Berea College Leverage Lender Inc KY$57,546 President/as President Of Berea College/director $57,401 $63,871 2023
St Hope Endowment CA$58,061 Ceo $234 $209 2023
Friends Of The San Rafael Public Library CA$60,014 Director $2,310 $1,955 2025
Susquehanna University And PA$60,368 Trustee $30,266 $29,580 2025
Wood Colony Christian School CA$61,546 President $7,475 $6,685 2023
Go Topeka Etlc Support Corporation KS$45,915 President $34,884 $39,031 2023
Maurice River Education Foundation NJ$62,775 Secretary $19,539 $17,097 2025
Westerville Rotary Foundation OH$63,485 Treasurer $1,500 $1,598 2024
Honorable Character TX$64,308 Director $990 $997 2024
Cardinal Education Foundation Inc TX$64,486 President $16,005 $16,106 2024
Jakc Foundation KS$43,884 Chief Executive Officer $14,942 $16,238 2024
Mbbs-us Inc CA$64,801 University President (Part Year) $38,809 $34,708 2023
Eastern New Mexico University Ruidoso Foundation NM$66,380 Executive Director $62,602 $67,734 2024
Bill And Vieve Gore Endowment Fund UT$67,313 Trustee $123,960 $131,398 2023
Kipp St Louis Facilities Fund MO$40,853 Chairman $51,519 $56,514 2023
Denver Christian Schools Foundation Inc CO$67,909 Head Of School $17,985 $17,861 2023
Alleghany Highlands Regional Library Foundation VA$39,981 Secretary $22,953 $21,720 2025
Green Town Properties Inc NC$39,550 President $91,458 $97,873 2023
Coachella Valley Unified School District CA$39,498 President $21,198 $18,958 2023
Mississippi 8 Conference MN$69,671 Executive Secretary $16,958 $17,354 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to VA cost of living and 2023 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 default91st
Total compensation (D + F), as reported (no adjustments)91st
Reportable pay only (column D), adjusted100th
All sources (D + E + F), adjusted47th

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 (Kari Evans) 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 32 similarly situated organizations (Same NTEE sector (B11), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $104,004 is reasonable (approximately the 91st 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.