FOUNDATION FOR INNOVATION AND LIFE, INC.'S MISSION IS TO HELP OUR SPONSORS DEVELOP UNIQUE TOOLS AND NOVEL METHODS TO PROMOTE EARLY DIAGNOSIS AND DEVELOP INNOVATIVE TREATMENTS FOR COMPLEX DISEASES. THE FOUNDATION SPECIALIZES IN THE DEVELOPMENT AND APPLICATION OF NOVEL MINIMALLY INVASIVE TECHNIQUES IN THE FIELDS OF CARDIOLOGY, ENDOSCOPY, SURGERY, DRUG, AND DEVICE DELIVERY, DRUG AND DEVICE SAFETY, AND DIAGNOSTIC IMAGING.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Health Care organizations in Massachusetts.
- Base
- $377k
- Bonus
- $400k
- Other
- —
- Benefits
- $14k
- Base
- $256k
- Bonus
- $95k
- Other
- —
- Benefits
- $8k
- Base
- $212k
- Bonus
- $95k
- Other
- —
- Benefits
- $21k
- Base
- $164k
- Bonus
- $95k
- Other
- —
- Benefits
- $21k
- Base
- $243k
- Bonus
- $50k
- Other
- —
- Benefits
- $21k
- Base
- $163k
- Bonus
- $84k
- Other
- —
- Benefits
- $21k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO 75th to 90th percentile | $377k | $400k | — | $14k | $989k $1.1M |
VP Pathology Board Vice President Above 90th percentile | $256k | $95k | — | $8k | $669k $737k |
VP Vet Svcs Board Vice President Above 90th percentile | $212k | $95k | — | $21k | $637k $701k |
VP MED Writers/hr Board Vice President Above 90th percentile | $164k | $95k | — | $21k | $587k $646k |
Pathology Highest Compensated Employee Median to 75th percentile | $243k | $50k | — | $21k | $473k $521k |
Dir., Bus Dev Highest Compensated Employee Median to 75th percentile | $163k | $84k | — | $21k | $273k $301k |
Treasurer/clerk/consultant Officer (Unspecified) | — | — | — | — | $8k $8k |
Board Director Board Member Below 10th percentile | — | — | — | — | $8k $8k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 1 unpaid individual.
Top pay as a share of expenses
In 2023, the highest total compensation at FOUNDATION FOR INNOVATION AND LIFE INC equaled 6% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about FOUNDATION FOR INNOVATION AND LIFE INC
What does the Chief Executive Officer of FOUNDATION FOR INNOVATION AND LIFE INC earn?
In 2023, the Chief Executive Officer of FOUNDATION FOR INNOVATION AND LIFE INC received $988,703 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Health Care organizations in Massachusetts, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at FOUNDATION FOR INNOVATION AND LIFE INC compare with similar nonprofits?
Compared with the same role at Health Care organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at FOUNDATION FOR INNOVATION AND LIFE INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at FOUNDATION FOR INNOVATION AND LIFE INC equaled 6% of the organization's total expenses. The median for health care organizations is 4%.
What are FOUNDATION FOR INNOVATION AND LIFE INC's revenue and expenses?
In 2023, FOUNDATION FOR INNOVATION AND LIFE INC reported $12.1M in total revenue and $16M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
Nonprofit Executive Director Salary
What nonprofit executive directors earn, what drives the number, and how to use public compensation data whether you are a candidate, a current ED, or a board member.
Read moreHow to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read moreAre Nonprofit Salaries Public?
What IRS Form 990 discloses about executive compensation, who has to report it, and how to look it up.
Read more