THE MISSION OF THE HENRICO EDUCATION FOUNDATION (HEF) IS TO STRENGTHEN PUBLIC EDUCATION BY ADVANCING INNOVATIVE PROGRAMS AND INITIATIVES DESIGNED TO IMPROVE STUDENT ACHIEVEMENT.
Executive compensation
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Virginia.
| Position | Total |
|---|---|
Chief Operating Officer 10th to 25th percentile | $111k $121k |
Chief Development Officer 10th to 25th percentilevs Education peers nationwide | $107k $117k |
Chief Executive Officer 25th percentile to median | $72k $79k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 23 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at HENRICO EDUCATION FOUNDATION INC equaled 1% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Down 13%
from 2022
From $127k in 2022 to $111k in 2023.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Operating Officer pay rose 21% from 2022 to 2023, while revenue fell 14%.
- Chief Development Officer pay rose 18% from 2022 to 2023.
- Chief Executive Officer pay fell 44% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about HENRICO EDUCATION FOUNDATION INC
What does the Chief Operating Officer of HENRICO EDUCATION FOUNDATION INC earn?
In 2023, the Chief Operating Officer of HENRICO EDUCATION FOUNDATION INC received $111,256 in total compensation. This pay is in the bottom quarter for Chief Operating Officer roles among Education organizations in Virginia, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Operating Officer pay at HENRICO EDUCATION FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Education organizations in Virginia, the 2023 pay of the Chief Operating Officer at HENRICO EDUCATION FOUNDATION INC falls between the 10th and 25th percentiles. In 2023, the highest total compensation at HENRICO EDUCATION FOUNDATION INC equaled 1% of the organization's total expenses. The median for education organizations is 7%.
What are HENRICO EDUCATION FOUNDATION INC's revenue and expenses?
In 2023, HENRICO EDUCATION FOUNDATION INC reported $8.5M in total revenue and $7.9M in total expenses on its IRS Form 990.
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