Executive compensation
Form 990-PF · Part VIII · 3 reported individuals · 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, CEO Above 90th percentile | $391k $421k |
Treasurer Board Treasurer Above 90th percentile | $244k $263k |
Trustee Board Member 25th percentile to median | $8k $9k |
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.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at THE WEGE FOUNDATION equaled 1% 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
$21.8M
Itemized grants
1
Median grant
$21.8M
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| SEE ATTACHED DETAIL | GRAND RAPIDS, MI | SEE ATTACHED | $21.8M |
Up 14%
from 2023
From $343k in 2023 to $391k 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.
Chief Executive Officer pay rose 14% from 2023 to 2024, while revenue rose 237%.
- Board Treasurer pay rose 15% from 2023 to 2024.
- Board Member pay held roughly steady 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 ($150M - $1B), 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 WEGE FOUNDATION
What does the Chief Executive Officer of THE WEGE FOUNDATION earn?
In 2024, the Chief Executive Officer of THE WEGE FOUNDATION received $391,150 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Michigan: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at THE WEGE FOUNDATION compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan, the 2024 pay of the Chief Executive Officer at THE WEGE FOUNDATION falls in the top 10%. In 2024, the highest total compensation at THE WEGE FOUNDATION equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are THE WEGE FOUNDATION's revenue and expenses?
In 2024, THE WEGE FOUNDATION reported $24.4M in total revenue and $27.5M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.
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