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Filing year 2024

HENRY FORD HEALTH SYSTEM FOUNDATION

Detroit, Michigan·EIN 23-7383042·NTEE E110 · Health Care·501(c)(3)
Total revenue
$9.5M
Total assets
$394.3M
Total expenses
$18.9M
Reported officers
40
Mission

THE HENRY FORD HEALTH SYSTEM FOUNDATION (THE FOUNDATION) IS AN AFFILIATE OF HENRY FORD HEALTH SYSTEM DBA HENRY FORD HEALTH ("HF HEALTH" ) SERVING THE METROPOLITAN DETROIT MICHIGAN COMMUNITIES. AS AN INTEGRATED COMPONENT OF ONE OF THE NATION'S LEADING COMPREHENSIVE, INTEGRATED HEALTH SYSTEMS, THE FOUNDATION EXISTS TO ADVANCE THE GOALS AND MISSION OF HF HEALTH AND TO IMPROVE THE QUALITY OF HUMAN LIFE THROUGH ITS SUPPORT OF THE SCIENCE AND ART OF HEALTH CARE AND HEALING. THE ORGANIZATION PROVIDES FINANCING TO VARIOUS RESEARCH AND OTHER INITIATIVES OF HF HEALTH.

Executive compensation

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

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

Physician Trustee
Board Member
75th to 90th percentile
$370k
$390k
Trustee
Board Member
Median to 75th percentile
$119k
$126k
Treasurer
25th percentile to median
$65k
$68k
Physician Trustee
Board Member
Median to 75th percentile
$64k
$67k
Trustee/ President/ceo
10th to 25th percentile
$62k
$65k
Physician Trustee
Board Member
25th percentile to median
$58k
$61k
Secretary
Secretary (Operational)
10th to 25th percentilevs Health Care peers nationwide
$16k
$17k

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 33 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at HENRY FORD HEALTH SYSTEM FOUNDATION equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
2%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care 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 10%
from 2023

From $335k in 2023 to $370k in 2024.

$335k
2023
$370k
2024
In today's dollarsEst.
Up 7% in real terms$364k to $390k

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

Board Member pay rose 10% from 2023 to 2024, while revenue fell 27%.

$335k in 2023 to $370k in 2024.
  • Chief Financial Officer pay rose 4% from 2023 to 2024.
  • Chief Executive Officer pay rose 8% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 HEALTH SYSTEM FOUNDATION

What does the Board Member of HENRY FORD HEALTH SYSTEM FOUNDATION earn?

In 2024, the Board Member of HENRY FORD HEALTH SYSTEM FOUNDATION received $369,661 in total compensation. This pay is in the top quarter for Board Member roles among Health Care organizations in Michigan, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at HENRY FORD HEALTH SYSTEM FOUNDATION compare with similar nonprofits?

Compared with the same role at Health Care organizations in Michigan, the 2024 pay of the Board Member at HENRY FORD HEALTH SYSTEM FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at HENRY FORD HEALTH SYSTEM FOUNDATION equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

What are HENRY FORD HEALTH SYSTEM FOUNDATION's revenue and expenses?

In 2024, HENRY FORD HEALTH SYSTEM FOUNDATION reported $9.5M in total revenue and $18.9M in total expenses on its IRS Form 990.

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