Executive compensation
Form 990-PF · Part VIII · 6 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan.
| Position | Total |
|---|---|
Ceo/secretar Unclassified | $280k $309k |
President/tr Board President 75th to 90th percentile | $120k $133k |
Trustee Board Member Median to 75th percentile | $12k $13k |
Trustee Board Member 10th to 25th percentile | $3k $3k |
Trustee Board Member 10th to 25th percentile | $3k $3k |
Trustee Board Member 10th to 25th percentile | $3k $3k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2023, the highest total compensation at HERRICK FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Grants paid
Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.
Total granted
$7.5M
Itemized grants
53
Median grant
$50k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| INTERLOCHEN CENTER FOR THE ARTS INTERLOCHEN CENTER FOR THE ARTS | INTERLOCHEN, MI | ENVISION INTERLOCHEN AT 100 CAMPAIGN | $1M |
| UNIVERSITY OF MICHIGAN UNIVERSITY OF MICHIGAN | ANN ARBOR, MI | SUPPORT FOR NEW MEDICAL FACILITY | $1M |
| GREAT LAKES CENTER FOR THE ARTS GREAT LAKES CENTER FOR THE ARTS | PETOSKY, MI | SUPPORT SUSTAINABILITY CAMPAIGN | $750k |
| HENRY FORD HEALTH SYSTEM HENRY FORD HEALTH SYSTEM | DETROIT, MI | SUPPORT FOR PRECISION MED. RESEARCH | $500k |
| THE NATURE CONSERVANCY THE NATURE CONSERVANCY | LANSING, MI | CONSERVATION OF KEWEENAW PENINSULA | $500k |
| THE STEWARDSHIP NETWORK THE STEWARDSHIP NETWORK | ANN ARBOR, MI | SUPPORT FOR TSN CAPACITY BUILDING | $250k |
| LACASA LACASA | HOWELL, MI | LEAD THE WAY IMPROWERMENT CAMPAIGN | $250k |
| PRESBYTERIAN VILLAGES OF MI FOUND PRESBYTERIAN VILLAGES OF MI FOUND | SOUTHFIELD, MI | CAMPAIGN FOR THE AGES WESTLAND EXP. | $250k |
| WOMEN'S RESOURCE CENTER NORTHERN MI WOMEN'S RESOURCE CENTER NORTHERN MI | PETOSKEY, MI | SUPPORT EMPOWERING BRIGHT FUTURES | $250k |
| LENAWEE COMMUNITY FOUNDATION LENAWEE COMMUNITY FOUNDATION | ADRIAN, MI | SUPPORT HEALTH HAPPINESS HOPE FUND | $250k |
| THE CENTER FOR MICHIGAN THE CENTER FOR MICHIGAN | YPSILANTI, MI | SUPPORT OF BRIDGE MICHIGAN'S WORK | $167k |
| PETOSKEY-HARBOR SPRINGS COMM FD PETOSKEY-HARBOR SPRINGS COMM FD | PETOSKEY, MI | SUPPORT LOFTS LUMBER SQUARE HOUSING | $150k |
| MICHIGAN COALITION TO END VIOLENCE MICHIGAN COALITION TO END VIOLENCE | OKEMOS, MI | SUPPORT ECONOMIC JUSTICE PROJECT | $150k |
| PETOSKEY-HARBOR SPRINGS COMM FD PETOSKEY-HARBOR SPRINGS COMM FD | PETOSKEY, MI | SUPPORT FUNDRAISING MGT. TRAINING | $150k |
| FAMILY COUNSEL & CHILDRENS SERVICES FAMILY COUNSEL & CHILDRENS SERVICES | ADRIAN, MI | SUPPORT FOR CAPACITY BUILDING | $150k |
| ANN ARBOR AREA COMMUNITY FOUNDATION ANN ARBOR AREA COMMUNITY FOUNDATION | ANN ARBOR, MI | SUPPORT WASHTENAW CTY HOUSING STUDY | $125k |
| INDIANA U LILLY FAMILY SCHOOL INDIANA U LILLY FAMILY SCHOOL | INDIANAPOLIS, IN | SUPPORT CFRM TRAINING PROGRAM | $110k |
| AIM HIGH SCHOOL AIM HIGH SCHOOL | FARMINGTON HILLS, MI | TO SUPPORT HVAC INSTALLATION | $100k |
| THE MICHIGAN WOMEN'S FOUNDATION THE MICHIGAN WOMEN'S FOUNDATION | DETROIT, MI | SUPPORT FOR WOMEN FORWARD CAMPAIGN | $100k |
| ST LOUIS CENTER EXCEPTIONAL CHILD ST LOUIS CENTER EXCEPTIONAL CHILD | CHELSEA, MI | SUPPORT WATER SYSTEM UPGRADE | $100k |
| MCLAREN NORTHERN MICHIGAN FOUND MCLAREN NORTHERN MICHIGAN FOUND | PETOSKEY, MI | SUPPORT NURSE INTERN PROGRAM | $100k |
| JEWISH FAMILY SERVICES WASHTENAW JEWISH FAMILY SERVICES WASHTENAW | ANN ARBOR, MI | SUPPORT REFRIGERATION CAPACITY EXPAN | $100k |
| ARBOR HOSPICE ARBOR HOSPICE | ANN ARBOR, MI | SUPPORT OF SIMULATION LAB PROGRAM | $75k |
| ANN ARBOR SYMPHONY ORCHESTRA ANN ARBOR SYMPHONY ORCHESTRA | ANN ARBOR, MI | SUPPORT PODIUM ENDOWMENT PROGRAM | $75k |
| LEGACY LAND CONSERVANCY LEGACY LAND CONSERVANCY | ANN ARBOR, MI | SUPPORT FOR LAND PROTECTION GROWTH | $75k |
Up 43%
from 2022
From $196k in 2022 to $280k in 2023.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board President pay held roughly steady from 2022 to 2023, while revenue rose 383%.
- Board Member pay held roughly steady from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about HERRICK FOUNDATION
What does the Board President of HERRICK FOUNDATION earn?
In 2023, the Board President of HERRICK FOUNDATION received $120,000 in total compensation. This pay is in the top quarter for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Michigan, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Board President pay at HERRICK FOUNDATION compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan, the 2023 pay of the Board President at HERRICK FOUNDATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at HERRICK FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are HERRICK FOUNDATION's revenue and expenses?
In 2023, HERRICK FOUNDATION reported $7.2M in total revenue and $9M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
How to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read moreAre Nonprofit Salaries Public?
What IRS Form 990 discloses about executive compensation, who has to report it, and how to look it up.
Read moreHow to Benchmark Nonprofit Executive Compensation
A step-by-step approach to using IRS Form 990 data for compensation benchmarking and peer comparison.
Read more