Compensation 990

Robert R Mccormick Foundation

Fiscal year ending 2024. Filed on November 17, 2025.

205 N Michigan Avenue Suite 4300
Suite 1300
Chicago, Illinois 60601

Robert R Mccormick Foundation (EIN: 36-3689171), also known as Mccormick Foundation, has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Robert R Mccormick Foundation, a 501(c)(3) charitable organization, reported compensation for 9 out of 15 total employees. Among the employees shown here, the average compensation is $369,715. The highest compensated employee at Robert R Mccormick Foundation is Timothy Knight with fiscal year 2024 compensation of $868,623.

Revenue, expenses, and employee compensation

Revenue

$105,305,792

Expenses

$114,636,034

Employee compensation

$4,140,259
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋5.7%vs 2023
Timothy Knight
President and Chief Executive Officer
$868,623
$566,311 from org$242,705 from related$59,607 other
＋16.3%vs 2023
Carla Beal
CIO and Treasurer
$633,360
$462,758 from org$115,689 from related$54,913 other
＋22.9%vs 2023
Andres Torres
Vp-Strategy, Planning and Ops./Sec.
$359,530
$183,199 from org$122,133 from related$54,198 other
＋12.4%vs 2023
Oscar Regalado
Vice President, Human Resources
$328,990
$168,951 from org$112,633 from related$47,406 other
＋7.8%vs 2023
Bryan Stokes
Director, Education Portfolio
$232,050
$199,112 from orgNo related comp$32,938 other
＋5.8%vs 2023
Anna Laubach
Director, Special Initiatives
$230,013
$191,986 from orgNo related comp$38,027 other
＋8.6%vs 2023
Katya Nuques
Director, Little Village Portfolio
$225,383
$190,061 from orgNo related comp$35,322 other
New in 2024
Mirlene Dossous
Director, Englewood Portfolio
$225,193
$185,933 from orgNo related comp$39,260 other
＋9.7%vs 2023
Jose Rodriguez
Director,Community Capital Portfolio
$224,295
$192,893 from orgNo related comp$31,402 other

Non-Employee Board Members

±0%vs 2023
Lee Henderson
Director
$55,000
$27,500 from org$27,500 from relatedNo other comp
New in 2024
Mary K Lawler
Director
$55,000
$27,500 from org$27,500 from relatedNo other comp
±0%vs 2023
William McClean
Director
$55,000
$27,500 from org$27,500 from relatedNo other comp
±0%vs 2023
Celena Roldan
Director
$55,000
$27,500 from org$27,500 from relatedNo other comp
±0%vs 2023
Scott Smith
Director
$55,000
$27,500 from org$27,500 from relatedNo other comp
±0%vs 2023
Dennis Fitzsimons
Board Chair
$55,000
$27,500 from org$27,500 from relatedNo other comp
±0%vs 2023
Ruthellyn Musil
Director
$55,000
$27,500 from org$27,500 from relatedNo other comp

Mission Statement

THE ROBERT R. MCCORMICK FOUNDATION INVESTS IN ORGANIZATIONS BUILDING THRIVING COMMUNITIES WHERE ALL INDIVIDUALS HAVE ACCESS TO THE OPPORTUNITIES THEY NEED TO SUCCEED.

Revisions to this organization profile

November 17, 2025:
2024 Robert R Mccormick Foundation 990 filed
November 11, 2024:
2023 Robert R Mccormick Foundation 990 filed
November 14, 2023:
2022 Robert R Mccormick Foundation 990 filed

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