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Filing year 2024

IVY TECH FOUNDATION INC

Indianapolis, Indiana·EIN 23-7073977·NTEE B114 · Education·501(c)(3)
Total revenue
$40.3M
Total assets
$165.5M
Total expenses
$30.6M
Reported officers
51
Mission

TO RECEIVE, HOLD, INVEST AND ADMINISTER PROPERTY; AND TO SOLICIT AND RECEIVE CONTRIBUTIONS; TO MAKE EXPENDITURES TO OR FOR THE BENEFIT OF IVY TECH COMMUNITY COLLEGE.

Executive compensation

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

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

President, College
Median to 75th percentile
$133k
$143k
Assistant Treasurer
25th percentile to median
$51k
$55k
Assistant Secretary
Secretary (Operational)
25th percentile to medianvs Education peers nationwide
$44k
$47k
President, Foundation
10th to 25th percentile
$30k
$33k
Vice President
10th to 25th percentilevs Education peers nationwide
$26k
$28k
Vice President, Former
Vice President
10th to 25th percentilevs Education peers nationwide
$19k
$21k

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 45 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at IVY TECH FOUNDATION INC equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
0.4%
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 14%
from 2023

From $116k in 2023 to $133k in 2024.

$116k
2023
$133k
2024
In today's dollarsEst.
Up 11% in real terms$128k to $143k

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

Chief Executive Officer pay rose 14% from 2023 to 2024, while revenue rose 75%.

$116k in 2023 to $133k in 2024.
  • Chief Financial Officer pay rose 8% from 2023 to 2024.
  • Secretary (Operational) pay rose 29% 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 IVY TECH FOUNDATION INC

What does the Chief Executive Officer of IVY TECH FOUNDATION INC earn?

In 2024, the Chief Executive Officer of IVY TECH FOUNDATION INC received $132,985 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Indiana, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at IVY TECH FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations in Indiana, the 2024 pay of the Chief Executive Officer at IVY TECH FOUNDATION INC falls between the median and the 75th percentile. In 2024, the highest total compensation at IVY TECH FOUNDATION INC equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

What are IVY TECH FOUNDATION INC's revenue and expenses?

In 2024, IVY TECH FOUNDATION INC reported $40.3M in total revenue and $30.6M in total expenses on its IRS Form 990.

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