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Filing year 2024

DEROY TESTAMENTARY FOUNDATION

Southfield, Michigan·EIN 38-2208833·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$1.3M
Total assets
$24.8M
Total expenses
$17.3M
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan.

President/chairperson
Board President
Above 90th percentile
$218k
$230k
Vice President/treasurer
Board President
75th to 90th percentile
$138k
$145k
Secretary/program Director
Unclassified
$32k
$33k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at DEROY TESTAMENTARY FOUNDATION equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
1%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$16.4M

Itemized grants

18

Median grant

$61k

RecipientLocationPurposeAmount
INSPIRATIONAL FUTURES FOUNDATION INCN PALM BEACH, FLCHARITABLE$15M
DEROY EDUCATION PARTNERSWEST BLOOMFIELD, MICHARITABLE$500k
ZEKELMAN HOLOCAUST CENTERFARMINGTON HILLS, MICHARITABLE$180k
GESHER HUMAN SERVICESSOUTHFIELD, MICHARITABLE$125k
CRANBROOK EDUCATIONAL COMMUNITYBLOOMFIELD HILLS, MICHARITABLE$117k
MICHIGAN HUMANE SOCIETYDETROIT, MICHARITABLE$100k
SHAW FESTIVAL FOUNDATIONBUFFALO, NYCHARITABLE$75k
FRESH AIR SOCIETYBLOOMFIELD HILLS, MICHARITABLE$75k
BARBARA ANN KARMANOS CANCER INSTITUTEDETROIT, MICHARITABLE$72k
COLLEGE FOR CREATIVE STUDIESDETROIT, MICHARITABLE$50k
COMMUNITY HOUSEBIRMINGHAM, MICHARITABLE$45k
JARCBLOOMFIELD HILLS, MICHARITABLE$30k
UNIVERSITY OF DETROIT JESUIT HIGH SCHOOL AND ACADEMYDETROIT, MICHARITABLE$20k
ORCHARDS CHILDREN'S SERVICESSOUTHFIELD, MICHARITABLE$20k
MICHIGAN STATE UNIVERSITY HILLELEAST LANSING, MICHARITABLE$15k
TRINITY HEALTH - MICHIGANPONTIAC, MICHARITABLE$15k
COUNCIL OF MICHIGAN FOUNDATIONSDETROIT, MICHARITABLE$9k
HADASSAHNEW YORK, NYCHARITABLE$258
Compare this foundation's grantees

Up 3%
from 2023

From $211k in 2023 to $218k in 2024.

$211k
2023
$218k
2024
In today's dollarsEst.
Roughly flat in real terms$229k to $230k

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 3% from 2023 to 2024, while revenue fell 67%.

$211k in 2023 to $218k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about DEROY TESTAMENTARY FOUNDATION

What does the Board President of DEROY TESTAMENTARY FOUNDATION earn?

In 2024, the Board President of DEROY TESTAMENTARY FOUNDATION received $218,052 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Michigan: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at DEROY TESTAMENTARY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan, the 2024 pay of the Board President at DEROY TESTAMENTARY FOUNDATION falls in the top 10%. In 2024, the highest total compensation at DEROY TESTAMENTARY FOUNDATION equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are DEROY TESTAMENTARY FOUNDATION's revenue and expenses?

In 2024, DEROY TESTAMENTARY FOUNDATION reported $1.3M in total revenue and $17.3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.