THE FOUNDATION WAS ESTABLISHED TO ADVANCE THE MISSION AND GOALS OF FERRIS STATE UNIVERSITY BY GENERATING AND MANAGING PRIVATE SUPPORT FOR THE UNIVERSITY.
Executive compensation
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
| Position | Total |
|---|---|
Board Member/professor of Sociology Board Member Median to 75th percentile | $49k $54k |
Board Member/professor of Marketing Board Member Median to 75th percentile | $44k $48k |
President, Ferris State University 10th to 25th percentile | $41k $46k |
Executive Board/vp of Advancement Officer (Unspecified) | $37k $41k |
Executive Director 10th to 25th percentile | $22k $24k |
Treasurer 10th to 25th percentile | $11k $12k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 28 unpaid individuals.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 1%
from 2022
From $48k in 2022 to $49k in 2023.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board Member pay rose 1% from 2022 to 2023, while revenue rose 29%.
- Chief Executive Officer pay rose 7% from 2022 to 2023.
- Chief Financial Officer pay fell 76% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
FERRIS FOUNDATION reported revenue and expenses across 2 filing years.
Common questions about FERRIS FOUNDATION
What does the Board Member of FERRIS FOUNDATION earn?
In 2023, the Board Member of FERRIS FOUNDATION received $48,573 in total compensation. This pay is above the median (the midpoint) for Board Member roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at FERRIS FOUNDATION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at FERRIS FOUNDATION falls between the median and the 75th percentile.
What are FERRIS FOUNDATION's revenue and expenses?
In 2023, FERRIS FOUNDATION reported $10.8M in total revenue and $8.4M in total expenses on its IRS Form 990.
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