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Filing year 2024

THE HOSPICE OF THE WESTERN RESERVE FOUNDATION

Cleveland, Ohio·EIN 86-3150092·501(c)(3)
Total revenue
$15.7M
Total assets
$18.6M
Total expenses
$6.4M
Reported officers
13
Mission

THE FOUNDATION HAS BEEN FORMED BY HOSPICE OF THE WESTERN RESERVE (HWR) FOR THE PURPOSES OF CONTINUING THE PHILANTHROPIC AND FUNDRAISING ACTIVITIES THAT HAVE TRADITIONALLY BEEN UNDERTAKEN BY HWR. AS A SUPPORTING ORGANIZATION OF HWR, THE FOUNDATION HAS BEEN FORMED FOR THE PURPOSES OF HELPING TO ENSURE THE FINANCIAL SUSTAINABILITY OF HWR THROUGH AMBASSADORSHIP, ADVOCACY, FUNDRAISING, AND TO ESTABLISH AN ENDOWMENT FOR THE BENEFIT OF HWR AND ITS MISSION. THIS WILL ALLOW HWR TO FOCUS ON PROVIDING HOSPICE CARE TO ITS PATIENTS, WHILE THE FOUNDATION WILL FOCUS ON FUNDRAISING.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Director
Officer (Unspecified)
$36k
$39k
President of Hwr Foundatio
10th to 25th percentile
$29k
$31k
Director & Treasurer
Officer (Unspecified)
$19k
$20k

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 10 unpaid individuals.

Funded by

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

Held steady
from 2023

From $37k in 2023 to $36k in 2024.

$37k
2023
$36k
2024
In today's dollarsEst.
Down 3% in real terms$40k to $39k

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 held roughly steady from 2023 to 2024, while revenue rose 77%.

$29k in 2023 to $29k 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 HOSPICE OF THE WESTERN RESERVE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.8M
2023
$15.7M
$6.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE HOSPICE OF THE WESTERN RESERVE FOUNDATION

What does the Chief Executive Officer of THE HOSPICE OF THE WESTERN RESERVE FOUNDATION earn?

In 2024, the Chief Executive Officer of THE HOSPICE OF THE WESTERN RESERVE FOUNDATION received $28,740 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE HOSPICE OF THE WESTERN RESERVE FOUNDATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at THE HOSPICE OF THE WESTERN RESERVE FOUNDATION falls between the 10th and 25th percentiles.

What are THE HOSPICE OF THE WESTERN RESERVE FOUNDATION's revenue and expenses?

In 2024, THE HOSPICE OF THE WESTERN RESERVE FOUNDATION reported $15.7M in total revenue and $6.4M in total expenses on its IRS Form 990.

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THE HOSPICE OF THE WESTERN RESERVE FOUNDATION | Cleveland, OH | Lucido