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PeerBasis
Compensation Comparability Determination

Patricia V Damon Scholarship Fund For The

Executive Director / CEO

EIN 686229419
WI · NTEE B11
FY ending 2023-12-31
June 9, 2026

This analysis benchmarks the total compensation of George Parke Iii, Executive Director / CEO ($5,000) against every comparable organization that fit the selection criteria — 72 in total — drawn systematically from IRS Form 990 filings, not a hand-picked subset.

Compensation sits at approximately the 8th percentile of comparable organizationsbelow the typical range for comparable organizations

Benchmarked executive: George Parke Iii — 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

72 organizations qualified on sector, size, and geography 72 within the band form the benchmarked peer set.

Distribution of comparable compensation

$406 total compensation of comparable organizations → $181,325 $5,000
$5,64610th
$13,66825th
$25,810Median
$45,37375th
$77,99590th
$5,000This org · 8th
p10$5,646
p25$13,668
p50$25,810
p75$45,373
p90$77,995
$5,000

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 WI 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
Shattuck - St Mary's School MN$131,619 Cfo $14,480 $13,700 2023
The Montgomery Academy Foundation AL$131,040 Head Of School $19,179 $19,840 2023
1910 Properties WA$130,590 President $29,159 $24,280 2024
Caribbean Consolidated Schools PR$130,562 Head Of Scho $38,000 $38,000 2023
Global Campaign For Education-us DC$129,276 Executive Director $114,917 $93,789 2024
Washburn University Charitable Gift Fund KS$127,901 President $49,918 $48,863 2025
Extravagant Love Project PA$135,234 Executive Di $43,395 $40,248 2024
Pots Building For The Future NY$127,704 President $18,860 $15,850 2024
Ridgeway Community Association MN$135,697 Secretary/clerk $442 $406 2024
Central Washington University Alumni WA$126,733 Executive Director $31,835 $26,509 2024
Ah Capital Campaign Inc GA$126,583 President & Ceo $42,717 $39,946 2024
Lps Education Foundation Inc MI$136,977 Executive Director(non-vote) $42,850 $40,075 2025
Our House Community Investment AR$126,049 Vice Chairman $11,199 $11,708 2024
Montreat College Foundation NC$137,178 Ceo $58,089 $57,472 2023
White Plains Library Foundation Inc NY$138,562 Part Time Executive Direct $72,000 $62,297 2023
C F Kellogg Est M M Kellogg Unitrust NY$123,733 Trustee $18,277 $15,361 2024
West Coast Thunder CA$140,749 Executive Dir. $31,268 $25,111 2024
Friends And Foundation CA$122,000 Executive Dir. $50,764 $41,973 2023
Bear Valley Usd Education Foundation CA$141,267 President $1,910 $1,494 2025
Butler Foundation IN$121,511 President $64,768 $63,524 2024
Friends Of Soldiers Memorial Library ME$142,337 Library Director $14,153 $13,570 2023
Liberty University Foundation VA$118,139 Director/president $17,026 $15,741 2023
Friends Of Vada At Santa Barbara High School CA$145,475 Director/chairman $10,000 $7,824 2025
Cascia Hall Foundation OK$147,933 Assistant Treasurer $14,275 $15,051 2023
Mustang Mockingbird Properties TX$151,250 President $85,562 $79,601 2024

Comp (reported) is the figure on each organization's Form 990 (columns D + F); Comp (adjusted) normalizes it to WI 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 WI 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 default8th
Total compensation (D + F), as reported (no adjustments)7th
Reportable pay only (column D), adjusted67th
All sources (D + E + F), adjusted7th

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 (George Parke Iii) 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 72 similarly situated organizations (Same NTEE sector (B11), nationwide + budget 0.67–1.5× revenue).
  3. The authorized body determined that total compensation of $5,000 is reasonable (approximately the 8th 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.