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Filing year 2024

The Commonwealth Fund

New York, New York·EIN 13-1635260·NTEE T21 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$39.8M
Total assets
$922.7M
Total expenses
$52M
Reported officers
16

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York.

President
Board President
Above 90th percentile
$776k
$839k
Executive Vice President and Chief Operating Officer
Above 90th percentile
$514k
$556k
Executive Vice President for Programs
Executive Vice President
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$418k
$452k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at The Commonwealth Fund equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
1%
Sector median
15%
Middle half of sector
5% to 24%

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 2024 Form 990-PF, Part XV.

Total granted

$31.3M

Itemized grants

534

Median grant

$15k

RecipientLocationPurposeAmount
The Commonwealth FundNew York, NYHarkness Fellowships in Health Care Policy and Practice: Authorization for 2024-25 Class$2.3M
President and Fellows of Harvard CollegeCambridge, MAThe Commonwealth Fund Fellowship in Minority Health Policy at Harvard University, 2025-26$850k
SSRSGlen Mills, PAInternational Health Policy Survey, 2025$800k
Georgetown UniversityWashington, DCAnalysis of Policies Affecting Health Insurance Access, Affordability, Adequacy, and Equity in the Individual and Small-Group Markets, Year 14$639k
Rush University Medical CenterChicago, ILTesting, Scaling, and Disseminating the Racial Equity in Healthcare Progress Report, Phase 2$639k
SSRSGlen Mills, PA2025 Health Care Affordability Research, Adults 19 to 64$560k
SSRSGlen Mills, PAThe Commonwealth Fund 2024 Biennial Health Insurance Survey$515k
SSRSGlen Mills, PAInternational Health Policy Survey, 2024$490k
Urban InstituteWashington, DCModeling Policies That Could Expand and Improve Health Coverage and Affordability - or Roll Back Progress$440k
Urban InstituteWashington, DCAnalyzing Emerging Health Reform Proposals$431k
Johns Hopkins UniversityBaltimore, MDEvaluating Proposed Medicare Policy Changes for Their Impact on Solvency, Spending, and Beneficiaries$396k
Bailit Health Purchasing LLCNeedham, MATechnical Assistance for Design and Implementation of State Strategies to Increase Affordability in Commercial Markets, Phase 2$384k
The Commonwealth FundNew York, NYHarkness Fellowships Centennial Celebration: Authorization for Support$337k
President and Fellows of Harvard CollegeCambridge, MAWinding Down the Maintenance-of-Eligibility Requirement for Medicaid: Impacts on Low-Income Adults in Four Southern States$322k
First Nation Development InstituteLongmont, CONative American Experiences with Health Care and Maternal Care Systems$313k
Bipartisan Policy Center IncWashington, DCEducating Policymakers and Providing Strategic Guidance on Artificial Intelligence in Health Care and Primary Payment Reform$306k
AcademyHealthWashington, DCPlanning Grant to Support the Design of the Commonwealth Fund's New International U.S. Leadership Program$302k
Vanderbilt University Medical CenterNashville, TNThe Inflation Reduction Act's Price Negotiation Program: Implications for Patient Access to and Affordability of Medications$300k
Center for Health Policy DevelopmentWashington, DCSupporting State Policymakers to Understand Private Equity in Health Care through Data$280k
The Brigham and Womens Hospital IncBoston, MAInvestigating Novel Strategies for Drug Pricing and Spending Reform: Patents, Negotiation, and Pricing Policy Innovation$260k
New York UniversityNew York, NYContributing to Health Reform: Analysis and Technical Assistance$254k
University of Southern CaliforniaLos Angeles, CAInforming the Future of Medicare Advantage Policy$249k
Health Care Without HarmReston, VASafeguarding Access to Care Through IRA-Supported Investments in Essential Hospitals$240k
Center for Health Care Strategies IncHamilton, NJImplementing Primary Care Population-Based Payments in Medicaid to Promote High-Quality, Equitable Care, Phase 2$230k
Center for Excellence in Health Care JournalismColumbia, MOU.S. Health System Reporting Fellowship and International Health Study Fellowship$228k
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 3%
from 2023

From $755k in 2023 to $776k in 2024.

$755k
2023
$776k
2024
In today's dollarsEst.
Down 1% in real terms$847k to $839k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 3% from 2023 to 2024, while revenue fell 2%.

$755k in 2023 to $776k in 2024.
  • Chief Executive Officer pay fell 8% from 2023 to 2024.
  • Executive Vice President pay rose 3% 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.

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.

FAQ

Common questions about The Commonwealth Fund

What does the Board President of The Commonwealth Fund earn?

In 2024, the Board President of The Commonwealth Fund received $776,270 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at The Commonwealth Fund compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2024 pay of the Board President at The Commonwealth Fund falls in the top 10%. In 2024, the highest total compensation at The Commonwealth Fund equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are The Commonwealth Fund's revenue and expenses?

In 2024, The Commonwealth Fund reported $39.8M in total revenue and $52M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.