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Magnus Charitable Trust Salary

Magnus Charitable Trust Salary

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As of October 2026, the average annual salary for employees at Magnus Charitable Trust in the United States is $94,257. This translates to an approximate hourly wage of $45. Salaries at Magnus Charitable Trust typically range from $82,683 to $106,819 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magnus Charitable Trust Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnus Charitable Trust. Based on our data, the highest paying job is the Manager, with an annual salary of $103,334. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Magnus Charitable Trust’s Pay Competitive? Salary Benchmarking Analysis

How does Magnus Charitable Trust's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Fsbp LP $98,719
+4.7%
Supported by Fsbp LP's high-margin contracts allowing higher overhead.
Equity Residental $108,729
+15.4%
Influenced by prevailing union wage agreements specific to Equity Residental's sector.
GLAS Education - Geneva Lake Astrophysics and STEAM $87,390
-7.3%
Normalized for lower cost-of-living zones where GLAS Education - Geneva Lake Astrophysics and STEAM primarily operates.
R2 Ventures Inc $87,485
-7.2%
R2 Ventures Inc may offer non-monetary perks in lieu of competitive base salaries.
Financial Services Industry $121,514
+28.9%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Magnus Charitable Trust's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Magnus Charitable Trust. Click a company name to learn more.

Employee Reviews: Working at Magnus Charitable Trust

Considering a career at Magnus Charitable Trust? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Employees are encouraged to take initiative and recognized for their efforts regularly. It’s a steady role for those who value routine over fast-paced or creative job functions. Training is available but sometimes lacks depth. We're empowered to provide personalized solutions rather than push products. Collaboration across teams fosters knowledge sharing and professional development. Integration b...
Commented in March 15, 2025
32
0
It demonstrates a true investment in developing talent from within the company, which is greatly appreciated by all employees. Flexible working arrangements support work-life balance. There's a strong ethical foundation, and our financial services truly make a difference. Follow-up check-ins ensure smooth transitions. The financial solutions we offer are impactful and relevant.
Commented in March 09, 2025
45
1
Every day brings a new opportunity to grow. Team leads are open to suggestions, and cross-team collaboration is encouraged. Resources are ample, allowing us to focus on quality work rather than budget constraints.
Commented in January 19, 2024
26
2

Magnus Charitable Trust Overview

Website
www.magnuscharitable.org
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Financial Services
Headquarter Address
230 E Ohio St Chicago Illinois IL 60611
Revenue
<$5 Million
Phone Number
+1 3126373500
Social Media
About Magnus Charitable Trust
The Magnus Charitable Trust was founded by Alexander B. Magnus, Jr., and Maria Magnus with the hope that they could make a positive impact on the world by helping to educate those that were greatly in need. Since its inception, the Trust has partnered with many organizations to help eliminate hunger and obstacles to obtaining education. On August 21, 2002, Mr Magnus died after giving financial aid

What Benefits Does Magnus Charitable Trust Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magnus Charitable Trust offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Magnus Charitable Trust.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Magnus Charitable Trust, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Magnus Charitable Trust salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magnus Charitable Trust

1. What is the typical salary range (low to high) for most roles at Magnus Charitable Trust?

The typical annual salary range for most roles at Magnus Charitable Trust is approximately from $82,683 to $106,819. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Magnus Charitable Trust pay compared to Fsbp LP?

The average annual salary at Magnus Charitable Trust is $94,257, or an hourly wage of $45, in comparison to Fsbp LP which pays $98,719 per year or $47 per hour.

3. How does experience level affect salary at Magnus Charitable Trust?

Experience level is a significant factor in determining salary at Magnus Charitable Trust, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Magnus Charitable Trust in Chicago is fair given the local cost of living?

To determine if a salary offer from Magnus Charitable Trust in Chicago is fair, first compare the gross salary to our data for similar roles at Magnus Charitable Trust and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

5. Are the salaries listed for Magnus Charitable Trust on Salary.com pre-tax or after-tax?

All salary figures displayed for Magnus Charitable Trust, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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