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Filing year 2024

THE FORD FOUNDATION VEBA TRUST

New York, New York·EIN 27-0904683·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$8.3M
Total assets
$37.2M
Total expenses
$7.6M
Reported officers
2
Mission

THE FORD FOUNDATION VEBA TRUST IS A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION WHOSE PRIMARY PURPOSE IS TO PROVIDE MEDICAL, DENTAL AND LIFE BENEFITS FOR ELIGIBLE RETIREES OF THE FORD FOUNDATION.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations in New York.

Trustee (thru 12/12/2024)
Board Member
Median to 75th percentile
$25k
$27k

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 1 unpaid individual.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE FORD FOUNDATION VEBA TRUST equaled 0.3% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
0.3%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 75%
from 2023

From $100k in 2023 to $25k in 2024.

$100k
2023
$25k
2024
In today's dollarsEst.
Down 76% in real terms$113k to $27k

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 Member pay fell 75% from 2023 to 2024, while revenue rose 303%.

$100k in 2023 to $25k in 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.
Financial trend

Revenue and expenses over time

THE FORD FOUNDATION VEBA TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.1M
$5.4M
2023
$8.3M
$7.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn in New York

Comparable mutual & membership benefit organizations in New York pay their highest-earning executive a median of $38,192.

25th percentile
$6k
Median
$38,192
75th percentile
$139k
90th percentile
$319k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 136 organizations across 136 filings (2021 – 2024).

See full Mutual & Membership Benefit pay data for New York
FAQ

Common questions about THE FORD FOUNDATION VEBA TRUST

What does the Board Member of THE FORD FOUNDATION VEBA TRUST earn?

In 2024, the Board Member of THE FORD FOUNDATION VEBA TRUST received $24,726 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Mutual & Membership Benefit organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at THE FORD FOUNDATION VEBA TRUST compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations in New York, the 2024 pay of the Board Member at THE FORD FOUNDATION VEBA TRUST falls between the median and the 75th percentile. In 2024, the highest total compensation at THE FORD FOUNDATION VEBA TRUST equaled 0.3% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are THE FORD FOUNDATION VEBA TRUST's revenue and expenses?

In 2024, THE FORD FOUNDATION VEBA TRUST reported $8.3M in total revenue and $7.6M in total expenses on its IRS Form 990.

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