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Filing year 2023

THE UWM FOUNDATION INC

Milwaukee, Wisconsin·EIN 23-7337744·NTEE B430 · Education·501(c)(3)
Total revenue
$48.6M
Total assets
$275.8M
Total expenses
$29.1M
Reported officers
41
Mission

THE MISSION OF THE UWM FOUNDATION, INC. IS TO SUPPORT THE EDUCATIONAL, LITERARY, AND SCIENTIFIC ENDEAVORS OF THE UNIVERSITY OF WISCONSIN-MILWAUKEE BY RECEIVING, MANAGING, AND DISTRIBUTING GIFTS TO BENEFIT THE UNIVERSITY'S STUDENTS, FACULTY, PROGRAMS, AND COMMUNITY. IN ADDITION, THE UWM FOUNDATION PROVIDES LEADERSHIP, OVERSIGHT, AND DIRECTION TO ITS AFFILIATED CORPORATIONS, THE UWM REAL ESTATE FOUNDATION, INC. AND THE UWM RESEARCH FOUNDATION, INC. THESE CORPORATIONS CREATE NEW UNIVERSITY FACILITIES TO SUPPORT STUDENT LIFE, RESEARCH, ACADEMICS AND REGIONAL ECONOMIC DEVELOPMENT, AND PROVIDE NEW SOURCES OF REVENUE FROM RESEARCH, COMMERCIALIZATION, AND ENTREPRENEURIAL ACTIVITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Wisconsin.

President; Ex-officio
Above 90th percentile
$365k
$403k
Base
$274k
Bonus
$30k
Other
Benefits
$37k
President - Uwm Research Fdn
Highest Compensated Employee
75th to 90th percentile
$225k
$249k
Base
$158k
Bonus
$25k
Other
Benefits
$28k
Coo; Ex-officio
75th to 90th percentilevs Education peers nationwide
$211k
$233k
Base
$164k
Bonus
$11k
Other
Benefits
$23k
IT Systems Manager
IT Manager
Median to 75th percentilevs all sectors nationwide
$155k
$171k
Base
$111k
Bonus
Other
Benefits
$36k
Former Uwm Reserach President
Highest Compensated Employee
25th percentile to median
$137k
$152k
Sr. Tech Manager (uwm Research Fdn)
Highest Compensated Employee
10th to 25th percentile
$135k
$149k

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 35 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE UWM FOUNDATION INC equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
1%
Sector median
7%
Middle half of sector
2% to 17%

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 9%
from 2022

From $336k in 2022 to $365k in 2023.

$336k
2022
$365k
2023
In today's dollarsEst.
Up 5% in real terms$386k to $403k

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 rose 9% from 2022 to 2023, while revenue rose 82%.

$336k in 2022 to $365k in 2023.
  • Highest Compensated Employee pay fell 22% from 2022 to 2023.
  • Chief Operating Officer pay rose 6% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE UWM FOUNDATION INC

What does the Chief Executive Officer of THE UWM FOUNDATION INC earn?

In 2023, the Chief Executive Officer of THE UWM FOUNDATION INC received $364,911 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Wisconsin: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE UWM FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations in Wisconsin, the 2023 pay of the Chief Executive Officer at THE UWM FOUNDATION INC falls in the top 10%. In 2023, the highest total compensation at THE UWM FOUNDATION INC equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are THE UWM FOUNDATION INC's revenue and expenses?

In 2023, THE UWM FOUNDATION INC reported $48.6M in total revenue and $29.1M in total expenses on its IRS Form 990.

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