Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1969.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
79 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
14 people listed on the 990; $512K paid to officers and key staff.
Wendi Safstrom’s $291K as President is at the 67th percentile of top reported officer pay among 661 $10–100M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Wendi Safstrom | $290,734 | $335,561 | $331,214 | $272,512 | $255,686 |
| Ellen Christman | $187,122 | $229,327 | $184,384 | $175,647 | $149,800 |
| Clayton Lord | $186,220 | $178,496 | — | — | — |
| Madison Schaffer | $131,505 | — | — | — | — |
| Elizabeth Kohm | $111,716 | $117,280 | — | — | — |
| Lana Williams | $114,306 | — | — | — | — |
| Mariya Chetyrkina | — | — | — | — | $107,012 |
| Mary Wright | — | — | $100,474 | $100,466 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Mobilizes HR and donors to drive positive social change for work, workers, and workplaces.
Questions for Shrm Foundation INC
Your first name shows with your question. Shrm Foundation INC answers here, for everyone.
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The foundation inspires and empowers HR to lead social change in the workplace: inspire and INFLUENCE/LEAD the creation of inclusive workplace cultures, recognize and celebrate visionary, innovative business practice, collaborate with internal stakeholders and external thought leaders to commission research linked to safe and inclusive…
The foundation inspires and empowers the next generation of HR leaders: inspire students, young professionals, and untapped talent pools to pursue and advance their careers in HR, mobilize future HR leaders to learn and grow with active support from professional members, and scholarships, awards and grants to further their…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $3.0M | $2.2M |
| InvestmentsLn 11–13 | $19.3M | $22.0M |
| Total assetsLn 16 | $22.9M | $25.3M |
| LiabilitiesLn 26 | $957K | $1.3M |
| Net assetsLn 32 | $21.9M | $24.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $479K | $479K | ||
| Grants and assistance to foreign recipientsLn 3 | $2K | $2K | ||
| Pay of current officers, directors and key staffLn 5 | $336K | $252K | $37K | $47K |
| Other salaries and wagesLn 7 | $647K | $543K | $33K | $72K |
| Pension plan contributionsLn 8 | $65K | $57K | $1K | $6K |
| Other employee benefitsLn 9 | $76K | $62K | $5K | $9K |
| Payroll taxesLn 10 | $58K | $47K | $4K | $7K |
| Legal feesLn 11b | $27K | $27K | ||
| Professional fundraising feesLn 11e | $45K | $45K | ||
| Investment management feesLn 11f | $97K | $97K | ||
| Other fees for servicesLn 11g | $1.3M | $1.1M | $135K | $106K |
| Advertising and promotionLn 12 | $350K | $350K | ||
| Office expensesLn 13 | $21K | $276 | $20K | $241 |
| TravelLn 17 | $30K | $3K | $25K | $3K |
| Conferences, conventions and meetingsLn 19 | $5K | $550 | $5K | |
| Other expenses (24a–d)Ln 24 | $132K | $31K | $21K | $79K |
| Total functional expensesLn 25 | $3.7M | $2.9M | $410K | $375K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $10.4M | $8.5M | $1.9M | $29.0M | 990 PDF |
| FY2023 | $5.9M | $8.6M | −$2.8M | $26.2M | 990 PDF |
| FY2022 | $8.5M | $6.2M | $2.3M | $26.3M | 990 PDF |
| FY2021 | $5.6M | $4.1M | $1.5M | $27.4M | 990 PDF |
| FY2020 Viewing | $6.7M | $3.7M | $3.0M | $24.0M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $6,668,448 revenue, 12 lines filed
Part VI · Governance 10 of 11 board members independent, no flags
Part VIII · Statement of revenue $6,668,448 across 7 lines filed
Part IX · Statement of functional expenses $3,686,816 across 16 lines filed
Part X · Balance sheet $25,309,940 assets, 16 lines filed
Part XI · Reconciliation of net assets $23,987,259 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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