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PeerBasis
Compensation Comparability Determination

The Stanley Fund For The Broad Institute

Executive Director / CEO

EIN 465574304
MA · NTEE T90
FY ending 2024-12-31
June 9, 2026

This analysis benchmarks the total compensation of Morgan Sheng, Executive Director / CEO ($63,638) against every comparable organization that fit the selection criteria — 631 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 69th percentile of comparable organizationswithin the typical range

Benchmarked executive: Morgan Sheng — 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

631 organizations qualified on sector, size, and geography 631 within the band form the benchmarked peer set.

Distribution of comparable compensation

$110 total compensation of comparable organizations → $833,302 $63,638
$8,81910th
$24,93625th
$44,943Median
$71,07775th
$104,14290th
$63,638This org · 69th
p10$8,819
p25$24,936
p50$44,943
p75$71,077
p90$104,142
$63,638

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 MA 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
Stop Poaching Now Inc FL$207,120 Managing Director $8,182 $8,554 2024
Us Presidential Scholars Foundation MA$206,776 Interim Exec Director $7,520 $7,520 2024
Building Industry Charitable Foundation KY$206,718 Executive Vice-president $13,400 $16,021 2024
Phillips County Healthcare Foundation CO$206,586 Executive Director $19,000 $20,873 2023
Tallahassee Action Grants FL$207,411 Executive Director $40,000 $41,816 2024
Growing Years Children's Academy CA$206,512 President $26,000 $25,722 2023
Foundation Of The Vna NJ$206,433 President & Ceo $62,249 $61,849 2024
Talitha Koum Womens Recovery House IN$206,242 Director $25,920 $30,418 2024
Penn-harris Madison Educational IN$206,063 Executive Director $48,431 $58,515 2023
Commonwealth Corporation Foundation MA$206,047 President/ceo (04/23) $25,988 $26,756 2023
Foundation For Dubuque Public Schools IA$205,992 Exec. Director As Of Jun 2023 $32,939 $41,321 2023
White Family Supporting Foundation KS$207,970 Executive Director $36,272 $44,895 2023
Sitka Sportsmans Assoc AK$205,603 Vice President $100 $110 2023
Heads Hearts & Hands Of Heartland Inc FL$205,501 Ceo/executive Director $24,500 $27,450 2022
De Marchena-huyke Foundation CA$208,537 President & Ceo $24,000 $22,467 2025
Chasdei Eliyahu PA$208,638 Treasurer $12,000 $13,317 2024
Nehemiah Community Foundation CA$205,259 Coo $85,180 $84,269 2023
The Grace Bomb Company MD$205,156 President $134,249 $143,796 2023
Angels On The Bay Inc NY$205,028 Vp $34,692 $34,885 2024
Muscatine Chamber Of Commerce IA$209,493 President/ce $3,906 $4,636 2025
American Charitable Trust Inc AZ$204,431 Director And Chief Financial Officer $2,595 $2,706 2025
Marilyn Mcgowan Foundation Inc FL$209,648 Trustee $20,000 $20,908 2024
Chortek Weisman Family Foundation CA$209,916 Vice President $67,184 $66,465 2023
Unity Music Foundation CA$209,951 Secretary $23,168 $22,920 2023
The Peoples Port Authority RI$203,982 Executive Director $80,000 $87,886 2023

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to MA 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 MA 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 default69th
Total compensation (D + F), as reported (no adjustments)75th
Reportable pay only (column D), adjusted0th
All sources (D + E + F), adjusted96th

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 (Morgan Sheng) 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 631 similarly situated organizations (Same NTEE major group (T), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $63,638 is reasonable (approximately the 69th 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.