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Filing year 2023

Indiana University Foundation

Bloomington, Indiana·EIN 35-6018940·NTEE B110 · Education·501(c)(3)
Total revenue
$447.8M
Total assets
$4.4B
Total expenses
$281.6M
Reported officers
72
Mission

The Indiana University Foundation (IUF) maximizes private philanthropic support for Indiana University by fostering lifelong relationships with key stakeholders and providing advancement leadership and fundraising services for (Continued on Schedule O) campuses and units across the university.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2023

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

Co-cio
Key Employee
Above 90th percentile
$818k
$904k
Base
$316k
Bonus
$414k
Other
$7k
Benefits
$40k
Co-cio
Key Employee
Above 90th percentile
$816k
$902k
Base
$317k
Bonus
$414k
Other
$1k
Benefits
$43k
EVP for Finance & Oper. Until 10/23
Executive Vice President
75th to 90th percentile
$659k
$728k
Base
$285k
Bonus
Other
$63k
Benefits
$24k
President and CEO
Above 90th percentilevs Education peers in Indiana
$558k
$617k
Base
$472k
Bonus
Other
$13k
Benefits
$32k
Director of Investments
Highest Compensated Employee
Above 90th percentilevs Education peers in Indiana
$502k
$555k
Base
$166k
Bonus
$247k
Other
Benefits
$48k
EVP for Development
Executive Vice President
75th to 90th percentile
$410k
$453k
Base
$321k
Bonus
Other
$14k
Benefits
$33k
Vp, Adv Proj Mgt, Support & Tech Serv
Board Vice President
75th to 90th percentile
$304k
$336k
Base
$255k
Bonus
Other
$1k
Benefits
$17k
Vp, Principal Gifts
Board Vice President
75th to 90th percentile
$304k
$336k
Base
$245k
Bonus
Other
$12k
Benefits
$16k
Vp, University Advancement
Board Vice President
75th to 90th percentile
$301k
$333k
Base
$259k
Bonus
$4k
Other
$6k
Benefits
$698
Evp, Gen Counsel & Corp Board Secretary
Board President
Above 90th percentile
$295k
$326k
Base
$223k
Bonus
Other
$7k
Benefits
$37k
Senior Vp, Human Resources & Culture
Senior Vice President
Median to 75th percentile
$292k
$322k
Base
$228k
Bonus
$7k
Other
$4k
Benefits
$25k
Chief of Staff & Sr Vp, Strat Initiatives
Board Vice President
75th to 90th percentile
$283k
$312k
Base
$216k
Bonus
Other
$4k
Benefits
$36k
VP of Development
Board Vice President
75th to 90th percentile
$272k
$301k
Base
$202k
Bonus
Other
$12k
Benefits
$32k
Vp, Administration
Board Vice President
75th to 90th percentile
$269k
$297k
Base
$203k
Bonus
Other
$720
Benefits
$42k

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.

Plus 58 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Indiana University Foundation equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.3%
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.

Held steady
from 2022

From $817k in 2022 to $818k in 2023.

$817k
2022
$818k
2023
In today's dollarsEst.
Down 4% in real terms$937k to $904k

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.

Pay for the position

Key Employee pay held roughly steady from 2022 to 2023, while revenue rose 5%.

$817k in 2022 to $818k in 2023.
  • Executive Vice President pay rose 68% from 2022 to 2023.
  • Chief Executive Officer pay rose 5% from 2022 to 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 Indiana University Foundation

What does the Key Employee of Indiana University Foundation earn?

In 2023, the Key Employee of Indiana University Foundation received $818,201 in total compensation. This pay is in the top 10% for Key Employee roles among Education organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Key Employee pay at Indiana University Foundation compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Key Employee at Indiana University Foundation falls in the top 10%. In 2023, the highest total compensation at Indiana University Foundation equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.

What are Indiana University Foundation's revenue and expenses?

In 2023, Indiana University Foundation reported $447.8M in total revenue and $281.6M in total expenses on its IRS Form 990.

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