THE MISSION OF THE UNIVERSITY OF TOLEDO FOUNDATION IS TO SECURE THE FUTURE FOR THE UNIVERSITY OF TOLEDO, THROUGH PRUDENT ASSET MANAGEMENT AND PHILANTHROPY. WE BUILD STRONG LINKAGES BETWEEN ALUMNI AND THE UNIVERSITY, FOSTERING A SPIRIT OF LOYALTY AND OPPORTUNITY FOR ENGAGEMENT.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Ohio.
- Base
- $236k
- Bonus
- —
- Other
- $26k
- Benefits
- $44k
- Base
- $247k
- Bonus
- $5k
- Other
- $3k
- Benefits
- $10k
- Base
- $182k
- Bonus
- —
- Other
- $17k
- Benefits
- $25k
- Base
- $178k
- Bonus
- —
- Other
- $2k
- Benefits
- $19k
- Base
- $176k
- Bonus
- $2k
- Other
- $1k
- Benefits
- $17k
- Base
- $138k
- Bonus
- —
- Other
- $992
- Benefits
- $24k
- Base
- $149k
- Bonus
- —
- Other
- $965
- Benefits
- $8k
- Base
- $132k
- Bonus
- —
- Other
- $888
- Benefits
- $17k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Vice-president for Advancement Key Employee Above 90th percentile | $236k | — | $26k | $44k | $372k $411k |
President 75th to 90th percentile | $247k | $5k | $3k | $10k | $283k $313k |
Associate VP of Alumni Eng Board Vice President 75th to 90th percentile | $182k | — | $17k | $25k | $238k $262k |
Associate VP of Advancement Services Board Vice President 75th to 90th percentile | $178k | — | $2k | $19k | $212k $234k |
CFO 75th to 90th percentile | $176k | $2k | $1k | $17k | $209k $231k |
Director of Development Median to 75th percentilevs Education peers nationwide | $138k | — | $992 | $24k | $174k $192k |
Associate VP of Health Finance Board Vice President Median to 75th percentile | $149k | — | $965 | $8k | $169k $186k |
Associate VP of HR & Adv. Operations Board Vice President Median to 75th percentile | $132k | — | $888 | $17k | $159k $176k |
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 27 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at THE UNIVERSITY OF TOLEDO FOUNDATION equaled 1% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 13%
from 2022
From $329k in 2022 to $372k in 2023.
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.
Key Employee pay rose 13% from 2022 to 2023, while revenue rose 18%.
- Chief Executive Officer pay rose 4% from 2022 to 2023.
- Board Vice President pay rose 9% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about THE UNIVERSITY OF TOLEDO FOUNDATION
What does the Key Employee of THE UNIVERSITY OF TOLEDO FOUNDATION earn?
In 2023, the Key Employee of THE UNIVERSITY OF TOLEDO FOUNDATION received $372,475 in total compensation. This pay is in the top 10% for Key Employee roles among Education organizations in Ohio: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Key Employee pay at THE UNIVERSITY OF TOLEDO FOUNDATION compare with similar nonprofits?
Compared with the same role at Education organizations in Ohio, the 2023 pay of the Key Employee at THE UNIVERSITY OF TOLEDO FOUNDATION falls in the top 10%. In 2023, the highest total compensation at THE UNIVERSITY OF TOLEDO FOUNDATION equaled 1% of the organization's total expenses. The median for education organizations is 7%.
What are THE UNIVERSITY OF TOLEDO FOUNDATION's revenue and expenses?
In 2023, THE UNIVERSITY OF TOLEDO FOUNDATION reported $35.4M in total revenue and $29.2M in total expenses on its IRS Form 990.
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