Executive compensation
Form 990-PF · Part VIII · 6 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Connecticut.
| Position | Total |
|---|---|
President/director Board President Above 90th percentile | $171k $184k |
Treasurer/cfo Board Treasurer Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide | $169k $183k |
Vice President/secretary Board President 75th to 90th percentile | $122k $132k |
Director (resigned 2/25/25) Unclassified | $11k $12k |
Director Unclassified | $11k $12k |
Director Unclassified | $11k $12k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, 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 →
Top pay as a share of expenses
In 2024, the highest total compensation at THE MAXIMILIAN E AND MARION O HOFFMAN FOUNDATION INC equaled 6% 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
$2.1M
Itemized grants
54
Median grant
$19k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| PRESIDENT AND TRUSTEES OF BATES COLLEGE | LEWISTON, ME | HOFFMAN FOUNDATION SCHOLARSHIP FUND | $250k |
| AMERICAN MUSEUM TORT LAW INC | WINSTED, CT | GENERAL SUPPORT | $250k |
| JACKSON LABORATORY | BAR HARBOR, ME | RESEARCH | $150k |
| MIDDLESEX HOSPITAL | MIDDLETOWN, CT | NEW AMBULANCE | $150k |
| DOWNTOWN EVENING SOUP KITCHEN INC | NEW HAVEN, CT | DROP-IN AND RESOURCE CENTER CONSTRUCTION | $100k |
| GOODWIN UNIVERSITY | EAST HARTFORD, CT | NURSING SIMULATION TECHNOLOGY AND TRAINING | $75k |
| MY SISTER'S PLACE INC | HARTFORD, CT | GENERAL SUPPORT | $65k |
| FOUNDATION FOR THE ADVANCEMENT OF CATHOLIC SCHOOLS INC | WEATOGUE, CT | SCHOLARSHIPS | $50k |
| PROVIDENCE COLLEGE | PROVIDENCE, RI | NURSING AND HEALTH SCIENCES CENTER | $50k |
| INTENSIVE EDUCATION ACADEMY INC | WEST HARTFORD, CT | UPGRADE CAFETERIA AC UNIT | $50k |
| DANBURY HOSPITAL & NEW MILFORD HOSPITAL FOUNDATION INC | DANBURY, CT | CANCER CENTER RENOVATIONS | $50k |
| EPARCHY OF ST MARON OF BROOKLYN | BROOKLYN, NY | SAINT SHARBEL SPIRITUAL LIFE CENTER | $50k |
| HOLY FAMILY PASSIONIST RETREAT CENTER | WEST HARTFORD, CT | RENOVATIONS | $50k |
| HARTFORD INTERVAL HOUSE INC | HARTFORD, CT | TECHNOLOGY INFRASTRUCTURE | $50k |
| OPERATION FUEL INC | HARTFORD, CT | ENERGY ASSISTANCE | $50k |
| MAKE-A-WISH FOUNDATION OF CT INC | TRUMBULL, CT | FUNDING FOR WISHES | $50k |
| ELIZABETH PARK CONSERVANCY INC | WEST HARTFORD, CT | REPAIRS | $50k |
| RMHC CTMA | NEW HAVEN, CT | GUEST ROOM EXPANSION PROJECT | $50k |
| AMERICAN MURAL PROJECT INC | WINSTED, CT | ROOF RENOVATIONS | $25k |
| GRIFFIN HOSPITAL DEVELOPMENT FUND INC | DERBY, CT | EMERGENCY PSYCHIATRIC UNIT | $25k |
| CHARTER OAK AMATEUR BOXING ACADEMY | HARTFORD, CT | FACILITY AND OPERATIONS | $25k |
| THE MARY WADE HOME INCORPORATED | NEW HAVEN, CT | GENERAL SUPPORT | $25k |
| CONNECTICUT ELECTRIC RAILWAY ASSOCIATION INCORPORATED | EAST WINDSOR, CT | RESTORATION PROJECT | $25k |
| MYSTIC SEAPORT MUSEUM INC | MYSTIC, CT | EXHIBITION SUPPORT | $25k |
| ST VINCENT DEPAUL PLACE MIDDLETOWN INC | MIDDLETOWN, CT | SOUP KITCHEN AND COMMUNITY ASSISTANCE PROGRAM | $20k |
Held steady
from 2023
From $169k in 2023 to $171k in 2024.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board President pay rose 1% from 2023 to 2024, while revenue rose 18%.
- Board Treasurer pay rose 2% from 2023 to 2024.
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 ($25M - $50M), 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 MAXIMILIAN E AND MARION O HOFFMAN FOUNDATION INC
What does the Board President of THE MAXIMILIAN E AND MARION O HOFFMAN FOUNDATION INC earn?
In 2024, the Board President of THE MAXIMILIAN E AND MARION O HOFFMAN FOUNDATION INC received $170,629 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Connecticut: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board President pay at THE MAXIMILIAN E AND MARION O HOFFMAN FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Connecticut, the 2024 pay of the Board President at THE MAXIMILIAN E AND MARION O HOFFMAN FOUNDATION INC falls in the top 10%. In 2024, the highest total compensation at THE MAXIMILIAN E AND MARION O HOFFMAN FOUNDATION INC equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are THE MAXIMILIAN E AND MARION O HOFFMAN FOUNDATION INC's revenue and expenses?
In 2024, THE MAXIMILIAN E AND MARION O HOFFMAN FOUNDATION INC reported $3.3M in total revenue and $3.1M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.
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