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.
| Position | Total |
|---|---|
President of Hfc 75th to 90th percentile | $177k |
Executive Director Median to 75th percentile | $102k |
Plus 22 unpaid individuals.
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%.
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.
Chief Executive Officer pay rose 4% from 2022 to 2023, while revenue rose 67%.
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 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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