Million Dollar Round Table
To be a valued member-driven global network of leading insurance and investment financial service professionals who serve their clients by exemplary performance and the highest standard of ethics, knowledge, service, and productivity.
Million Dollar Round Table at a glance
In short: Million Dollar Round Table gave $13.1M across 4 grants in 2024 (avg $3.3M), mostly in Illinois. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $13,079,422
- +3948.9% vs 2023
- Grants made (2024)
- 4
- +100.0% vs 2023
- Average grant
- $3,269,856
- +1924.5% vs 2023
- Median grant
- $1,756,548
- Total assets
- $153,169,745
- +1.6% vs 2023
- Primary geography
- Illinois (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Million Dollar Round Table funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was The MDRT Academy ($9.6M). Together the top 4 received $13.1M.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 5 grants of 13 (38%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How Million Dollar Round Table gives
- Giving grew 1423% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $323K (2023) to $13.1M (2024). In 2024 it made 4 grants totaling $13.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The MDRT Academy Park Ridge, IL | Intercompany Debt Cancellation | $9,556,327 |
| MDRT Global Services Park Ridge, IL | Intercompany Debt Cancellation | $3,198,678 |
| MDRT Foundation Park Ridge, IL | Grants to Other Charitable Organizations | $314,417 |
| Asae Foundation Washington, DC | Contributions | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $153,169,745 | $85,265,275 | $82,717,930 | $13,079,422 | 4 | $9,996,310 |
| 2023 | $150,827,969 | $69,970,199 | $64,463,660 | $323,033 | 2 | $1,692,140 |
| 2022 | $136,935,617 | $60,723,868 | $66,256,825 | $323,843 | 2 | $-968,703 |
| 2021 | $156,791,326 | $77,496,799 | $53,477,385 | $858,528 | 3 | $18,930,272 |
| 2020 | $144,260,991 | $46,003,696 | $40,541,289 | $769,887 | 2 | $6,156,224 |
About Million Dollar Round Table
Based on IRS filings
Million Dollar Round Table is a public charity, based in Park Ridge, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $153.2M in total assets. In 2024, it awarded 4 grants totaling $13.1M. Net investment income was $10.0M.
Leadership & Key People
Officers and directors from IRS filings
Million Dollar Round Table is led by Stephen Stahr, CEO on every filing since 2020; all 12 officers listed in 2024 are compensated.
Officers on the 2024 filing
Stephen Stahr
CEO
On filings since 2020
39 hrs/week
$759K (2020) → $994K (2024)
Carol Kheng
President
2nd Vice President → 1st Vice President, 2023
1st Vice President → President, 2024
On filings since 2021
5 hrs/week
$15K (2021) → $112K (2024)
Barbara O'Connor
Managing Director
On filings since 2020
39.5 hrs/week
$267K (2020) → $334K (2024)
James Unander
Senior Director of It
Senior Director → Senior Director of It, 2024
On filings since 2020
39.5 hrs/week
$233K (2020) → $258K (2024)
Laura Good
Senior Director
On filings since 2020
39.5 hrs/week
$229K (2020) → $281K (2024)
Pamela Brown
Director of Leadership
Director Strategic Engagem → Director of Leadership & Guided Development, 2022
Director of Leadership & Guided Development → Director of Leadership, 2024
On filings since 2020
39.5 hrs/week
$230K (2020) → $266K (2024)
Smruti Rajagopalan
Senior Director & Strategy
On filings since 2021
39.5 hrs/week
$280K (2021) → $286K (2024)
Greg Gagne
Past President
1st Vice President → President, 2023
President → Past President, 2024
On filings since 2020
10 hrs/week
$15K (2020) → $89K (2024)
Peggy Tsai
Former Past President
President → Past President, 2023
Past President → Former Past President, 2024
On filings since 2020
5 hrs/week
$45K (2020) → $61K (2024)
John Nichols
1st Vice President
Secretary → 2nd Vice President, 2023
2nd Vice President → 1st Vice President, 2024
On filings since 2022
5 hrs/week
$15K (2022) → $49K (2024)
Clay Gillespie
2nd Vice President
Secretary → 2nd Vice President, 2024
On filings since 2023
5 hrs/week
$22K (2023) → $59K (2024)
Aurora Tancock
Secretary
New on the 2024 filing
5 hrs/week
$35K (2024)
Former officers (7)
- Former: Randy Scritchfield (2020–2023) — Former Past President
- Former: David Dickhudt (2023) — Senior Director of Finance
- Former: Pam Brown (2023) — Director of Leadership
- Former: Ian Green (2020–2022) — Past President
- Former: Mark Leon (2020–2022) — Senior Director & Finance
- Former: Regina Bedoya (2020–2021) — Past President
- Former: Ross Vanderwolf (2020) — Past President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $994K, to Stephen Stahr (CEO). 12 officers or directors reported compensation on that filing.
Frequently asked questions about Million Dollar Round Table
How much does Million Dollar Round Table give each year?
Million Dollar Round Table gave $13.1M across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $323K across 2 grants.
What is Million Dollar Round Table's typical grant size?
Million Dollar Round Table's median grant in 2024 was $1,756,548, and its average grant was $3,269,856, across 4 grants on its 2024 IRS Form 990.
Where does Million Dollar Round Table give grants?
Million Dollar Round Table gives mostly in Illinois: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Park Ridge, IL (3 grants).
Does Million Dollar Round Table give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on Million Dollar Round Table's 2024 IRS Form 990 were described as general or operating support.
How large is Million Dollar Round Table?
Million Dollar Round Table reported $153.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $85.3M.
What is Million Dollar Round Table's EIN?
Million Dollar Round Table's EIN (Employer Identification Number) is 36-2138427. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS December 4, 2024)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS June 19, 2025)
- IRS filings on file for fiscal years 2020–2024
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Million Dollar Round Table down — hundreds of funders to go?