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Filing year 2024

The Henry Luce Foundation Inc

New York, New York·EIN 13-6001282·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$81M
Total assets
$1.1B
Total expenses
$75.9M
Reported officers
20

Executive compensation

Form 990-PF · Part VIII · 19 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 & Director Through 9/15/2024
Board President
Above 90th percentile
$704k
$762k
Vice President, Interim President As of 9/15/2024
Board Vice President
Above 90th percentile
$399k
$432k
CFO & Treasurer
Above 90th percentile
$383k
$414k
Co-chair & Director
Unclassified
$35k
$38k
Co-chair & Director
Unclassified
$35k
$38k
Director
Unclassified
$25k
$27k
Director
Unclassified
$25k
$27k
Director
Unclassified
$25k
$27k
Director
Unclassified
$25k
$27k
Director
Unclassified
$25k
$27k
Director Through 11/14/2024
Unclassified
$25k
$27k
Director
Unclassified
$25k
$27k
Director
Unclassified
$25k
$27k
Director
Unclassified
$25k
$27k
Director
Unclassified
$25k
$27k
Director
Unclassified
$25k
$27k
Director Through 10/16/2024
Unclassified
$20k
$21k
Director As of 9/18/2024
Unclassified
$7k
$8k
Director Through 2/2/2024
Unclassified
$2k
$2k

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 Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at The Henry Luce Foundation Inc equaled 0.9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.9%
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

$49.3M

Itemized grants

652

Median grant

$50k

RecipientLocationPurposeAmount
American Council of Learned SocietiesNew York, NYSupport for academic fellowships$1.3M
First Nations Development InstituteLongmont, COSupport for fellowships$750k
First Nations Development InstituteLongmont, COSupport for fellowships$550k
First Nations Development InstituteLongmont, COSupport for fellowships$500k
Colby CollegeWaterville, MESupport for the Clare Boothe Luce STEM program$458k
Creighton UniversityOmaha, NESupport for the Clare Boothe Luce STEM program$458k
Fordham UniversityThe Bronx, NYSupport for the Clare Boothe Luce STEM program$458k
Georgetown UniversityWashington, DCSupport for the Clare Boothe Luce STEM program$458k
Marymount UniversityArlington, VASupport for the Clare Boothe Luce STEM program$458k
Mount Holyoke CollegeSouth Hadley, MASupport for the Clare Boothe Luce STEM program$458k
Santa Clara UniversitySanta Clara, CASupport for the Clare Boothe Luce STEM program$458k
Seton Hall UniversitySouth Orange, NJSupport for the Clare Boothe Luce STEM program$458k
St Johns UniversityQueens, NYSupport for the Clare Boothe Luce STEM program$458k
Trinity Washington UniversityWashington, DCSupport for the Clare Boothe Luce STEM program$458k
University of Notre DameNotre Dame, INSupport for the Clare Boothe Luce STEM program$458k
Villanova Preparatory SchoolOjai, CASupport for the Clare Boothe Luce STEM program$458k
University of Wisconsin FoundationMadison, WISupport for academic research$450k
American Council of Learned SocietiesNew York, NYSupport for PhD dissertation fellowships$407k
Morgan State UniversityBaltimore, MDSupport for research networks and public programs$400k
National Museum of American History Smithsonian InstitutionWashington, DCSupport for convening and related publication$400k
University of California BerkeleyBerkeley, CASupport for research network$400k
The Stimson CenterWashington, DCSupport for policy research and workshops$350k
East-West CenterHonolulu, HISupport for academic research$315k
AAPI Civic Engagement FundLos Angeles, CASupport for civic engagement$300k
First Nations Development InstituteLongmont, COFellowship support$300k
Compare this foundation's grantees

Down 10%
from 2023

From $783k in 2023 to $704k in 2024.

$783k
2023
$704k
2024
In today's dollarsEst.
Down 13% in real terms$879k to $762k

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 fell 10% from 2023 to 2024, while revenue rose 25%.

$783k in 2023 to $704k in 2024.
  • Chief Financial Officer pay rose 21% 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 ($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 Henry Luce Foundation Inc

What does the Board President of The Henry Luce Foundation Inc earn?

In 2024, the Board President of The Henry Luce Foundation Inc received $704,445 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 Henry Luce Foundation Inc 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 Henry Luce Foundation Inc falls in the top 10%. In 2024, the highest total compensation at The Henry Luce Foundation Inc equaled 0.9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are The Henry Luce Foundation Inc's revenue and expenses?

In 2024, The Henry Luce Foundation Inc reported $81M in total revenue and $75.9M in total expenses on its IRS Form 990.

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