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Filing year 2024

University of Maine Foundation

Orono, Maine·EIN 01-6011501·NTEE B110 · Education·3
Total revenue
$60.4M
Total assets
$458.3M
Total expenses
$31.1M
Reported officers
17
Mission

The University of Maine Foundation, acting as a separate organization, will work collaboratively with all entities to encourage philanthropic support for the University of Maine and other charitable organizations while carrying out the donor's wishes in perpetuity.

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2024

$430k
$465k
Base
$349k
Bonus
$46k
Other
$4k
Benefits
$2k
Vice President & CFO
$280k
$303k
Base
$178k
Bonus
$27k
Other
$1k
Benefits
$32k
VP & Foundation General Counsel
vice president
$232k
$250k
Base
$165k
Bonus
$13k
Other
$5k
Benefits
$30k
Senior Director of Philanthropy
highest compensated employee
$213k
$230k
Base
$147k
Bonus
$11k
Other
$8k
Benefits
$30k
Senior Director of Philanthropy
highest compensated employee
$210k
$227k
Base
$161k
Bonus
$12k
Other
$6k
Benefits
$14k
Senior Director of Philanthropy
highest compensated employee
$188k
$203k
Base
$142k
Bonus
$9k
Other
$7k
Benefits
$13k
Sr. Dir. of Annual Giving, Marketing, & Eve
highest compensated employee
$188k
$202k
Base
$134k
Bonus
$9k
Other
$697
Benefits
$28k

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 10 unpaid individuals.

Browse compensation in Education

Held steady
from 2023

From $434k in 2023 to $430k in 2024.

$434k
2023
$430k
2024
In today's dollarsEst.
Down 4% in real terms$485k to $465k

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.

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

Revenue and expenses over time

University of Maine Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$64.7M
$32.9M
2023
$60.4M
$31.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Maine

Comparable education organizations in Maine pay their highest-earning executive a median of $80,951.

25th percentile
$39k
Median
$80,951
75th percentile
$149k
90th percentile
$374k

These are education sector-wide figures, not this organization's reported pay. Based on 67 organizations across 67 filings (2022 – 2023).

See full Education pay data for Maine
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