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Filing year 2023

FOUNDATION FOR INNOVATION AND LIFE INC

Brookline, Massachusetts·EIN 20-4325286·NTEE E05 · Health Care·3
Total revenue
$12.1M
Total assets
$16.7M
Total expenses
$16M
Reported officers
9
Mission

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 · Schedule J · 8 reported individuals · Filing year 2023

$989k
$1.1M
Base
$377k
Bonus
$400k
Other
Benefits
$14k
VP Pathology
vice president
$669k
$737k
Base
$256k
Bonus
$95k
Other
Benefits
$8k
VP Vet Svcs
vice president
$637k
$701k
Base
$212k
Bonus
$95k
Other
Benefits
$21k
VP MED Writers/hr
vice president
$587k
$646k
Base
$164k
Bonus
$95k
Other
Benefits
$21k
Pathology
highest compensated employee
$473k
$521k
Base
$243k
Bonus
$50k
Other
Benefits
$21k
Dir., Bus Dev
highest compensated employee
$273k
$301k
Base
$163k
Bonus
$84k
Other
Benefits
$21k
Board Director
board member
$8k
$8k
Treasurer/clerk/consultant
officer (unspecified)
$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.

Browse compensation in Health Care

Sector benchmark

What Health Care executives earn in Massachusetts

Comparable health care organizations in Massachusetts pay their highest-earning executive a median of $169,601.

25th percentile
$66k
Median
$169,601
75th percentile
$296k
90th percentile
$481k

These are health care sector-wide figures, not this organization's reported pay. Based on 82 organizations across 82 filings (2022 – 2023).

See full Health Care pay data for Massachusetts
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