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Filing year 2023

HENRY FORD COLLEGE FOUNDATION

Dearborn, Michigan·EIN 38-2421276·NTEE B114 · Education·501(c)(3)
Total revenue
$4.7M
Total assets
$24.1M
Total expenses
$2.1M
Reported officers
24
Mission

THE HENRY FORD COLLEGE FOUNDATION IS ORGANIZED AS A MICHIGAN CHARITABLE ORGANIZATION, IS EXEMPT FROM FEDERAL INCOME TAX LIABILITY BY INTERNAL REVENUE CODE SECTION 501(C)(3) AND QUALIFIES AS A PUBLIC CHARITY UNDER INTERNAL REVENUE CODE SECTION 509. THE MISSION OF THE HENRY FORD COLLEGE FOUNDATION IS TO RAISE CHARITABLE SUPPORT FOR THE COLLEGE BY BUILDING LONG-TERM RELATIONSHIPS WITH SUCH CONSTITUTENTS AS BUSINESS, CIVIC AND COMMUNITY LEADERS, ALUMNI, CORPORATE AND PHILANTHROPIC FOUNDATIONS, AND INDIVIDUALS OF INFLUENCE AND AFFLUENCE, IN SUPPORT OF THE GOALS AND OBJECTIVES OF THE COLLEGE AND THE EDUCATIONAL AND CAREER ASPIRATIONS OF HENRY FORD COLLEGE STUDENTS. THE FOUNDATION IS COMMITTED TO PROVIDING KNOWLEDGE, COMMUNICATION SKILLS, AND CULTURAL OPPORTUNITITES TO PREPARE OUR DIVERSE STUDENT POPULATION FOR A RAPIDLY CHANGING WORLD AND WORKPLACE. OURS IS A TRADITION OF BUILDING FUTURES.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Michigan.

President of Hfc
75th to 90th percentile
$177k
$193k
Executive Director
Median to 75th percentile
$102k
$111k

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.

Plus 22 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at HENRY FORD COLLEGE FOUNDATION equaled 9% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
9%
Sector median
7%
Middle half of sector
2% to 17%

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.

Up 4%
from 2022

From $171k in 2022 to $177k in 2023.

$171k
2022
$177k
2023
In today's dollarsEst.
Down 2% in real terms$197k to $193k

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

Chief Executive Officer pay rose 4% from 2022 to 2023, while revenue rose 67%.

$171k in 2022 to $177k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Among peers

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

FAQ

Common questions about HENRY FORD COLLEGE FOUNDATION

What does the Chief Executive Officer of HENRY FORD COLLEGE FOUNDATION earn?

In 2023, the Chief Executive Officer of HENRY FORD COLLEGE FOUNDATION received $177,441 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Michigan, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HENRY FORD COLLEGE FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Michigan, the 2023 pay of the Chief Executive Officer at HENRY FORD COLLEGE FOUNDATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at HENRY FORD COLLEGE FOUNDATION equaled 9% of the organization's total expenses. The median for education organizations is 7%.

What are HENRY FORD COLLEGE FOUNDATION's revenue and expenses?

In 2023, HENRY FORD COLLEGE FOUNDATION reported $4.7M in total revenue and $2.1M in total expenses on its IRS Form 990.

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