Executive compensation
Form 990-PF · Part VIII · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan.
| Position | Total |
|---|---|
President/treasurer Board President Median to 75th percentile | $40k $43k |
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 3 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at THE KORFF FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
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
$487k
Itemized grants
80
Median grant
$3k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| MOUNT ST MICHAEL ACADEMY | BRONX, NY | EDUCATIONAL | $50k |
| SAMARTITAN'S PURSE | BOONE, NC | CHARITABLE | $35k |
| ALLIANCE DEFENDING FREEDOM | SCOTTSDALE, AZ | RELIGIOUS | $25k |
| HILLSDALE COLLEGE VAN ANDEL GRADUATE SCHOOL OF STATESMANSHIP | HILLSDALE, MI | EDUCATIONAL | $25k |
| WASHINGTON UNIVERSITY IN ST LOUIS | ST LOUIS, MO | EDUCATIONAL | $25k |
| HILLSDALE COLLEGE K-12 INITIATIVE | HILLSDALE, MI | EDUCATIONAL | $20k |
| AQUINAS COLLEGE | GRAND RAPIDS, MI | EDUCATIONAL | $15k |
| BLACKSTONE LEGAL FELLOWSHIP | SCOTTSDALE, AZ | EDUCATIONAL | $15k |
| MARY FREE BED REHABILITATION HOSPITAL FOUNDATION | GRAND RAPIDS, MI | CHARITABLE | $15k |
| ST ANN'S PARISH AND IT'S MISSIONS | GRAND RAPIDS, MI | RELIGIOUS | $15k |
| BISSELL PET FOUNDATION | GRAND RAPIDS, MI | CHARITABLE | $10k |
| CATHOLIC CHARITIES OF WEST MICHIGAN | GRAND RAPIDS, MI | RELIGIOUS | $10k |
| HARBOR HOSPICE FOUNDATION | MUSKEGON, MI | CHARITABLE | $6k |
| THE BLOOD CANCER FOUNDATION OF MICHIGAN | GRAND RAPIDS, MI | CHARITABLE | $6k |
| ADOPTION SOLUTIONS OF ARIZONA | TUCSON, AZ | CHARITABLE | $5k |
| ALBION COLLEGE | ALBION, MI | EDUCATIONAL | $5k |
| AMERICAN WILD HORSE CONSERVATION | DAVIS, CA | CHARITABLE | $5k |
| D A BLODGETT ST JOHNS | GRAND RAPIDS, MI | CHARITABLE | $5k |
| CATHEDRAL OF ST ANDREW | GRAND RAPIDS, MI | RELIGIOUS | $5k |
| CHILDREN'S ADVOCACY CENTER OF KENT COUNTY | GRAND RAPIDS, MI | CHARITABLE | $5k |
| CLARK RETIREMENT COMMUNITY FOUNDATION | GRAND RAPIDS, MI | CHARITABLE | $5k |
| CONSERVATION RESOURCE ALLIANCE | BEND, OR | CHARITABLE | $5k |
| DAVENPORT UNIVERSITY | GRAND RAPIDS, MI | EDUCATIONAL | $5k |
| ELE'S PLACE | GRAND RAPIDS, MI | CHARITABLE | $5k |
| EMMANUEL HOSPICE | GRAND RAPIDS, MI | CHARITABLE | $5k |
Held steady
from 2023
From $40k in 2023 to $40k in 2024.
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.
Board President pay held roughly steady from 2023 to 2024, while revenue rose 186%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), 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.
Common questions about THE KORFF FOUNDATION
What does the Board President of THE KORFF FOUNDATION earn?
In 2024, the Board President of THE KORFF FOUNDATION received $40,000 in total compensation. This pay is above the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Michigan, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board President pay at THE KORFF FOUNDATION compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan, the 2024 pay of the Board President at THE KORFF FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at THE KORFF FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are THE KORFF FOUNDATION's revenue and expenses?
In 2024, THE KORFF FOUNDATION reported $908k in total revenue and $607k in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
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