THE MISSION OF THE UNIVERSITY OF MASSACHUSETTS FOUNDATION, INC. IS TO FOSTER AND PROMOTE THE GROWTH, PROGRESS AND GENERAL WELFARE OF THE UNIVERSITY OF MASSACHUSETTS AS STATED IN THE ORIGINAL 1950 ARTICLES OF ORGANIZATION. THE FOUNDATION RECEIVES, INVESTS AND DISBURSES PRIVATE GIFTS FOR THE BENEFIT OF THE UNIVERSITY OF MASSACHUSETTS AND ITS EDUCATIONAL MISSION.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Massachusetts.
- Base
- $580k
- Bonus
- —
- Other
- $399k
- Benefits
- $40k
- Base
- $689k
- Bonus
- $229k
- Other
- $45k
- Benefits
- $55k
- Base
- $311k
- Bonus
- $119k
- Other
- $162k
- Benefits
- $33k
- Base
- $281k
- Bonus
- $34k
- Other
- $12k
- Benefits
- $32k
- Base
- $251k
- Bonus
- $25k
- Other
- $5k
- Benefits
- $38k
- Base
- $231k
- Bonus
- $40k
- Other
- —
- Benefits
- $33k
- Base
- $263k
- Bonus
- $26k
- Other
- $10k
- Benefits
- $3k
- Base
- $231k
- Bonus
- $16k
- Other
- —
- Benefits
- $31k
- Base
- $170k
- Bonus
- $18k
- Other
- —
- Benefits
- $32k
- Base
- $163k
- Bonus
- $16k
- Other
- —
- Benefits
- $520
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Chief Investment Officer Key Employee Above 90th percentile | $580k | — | $399k | $40k | $1.6M $1.8M |
Chief Executive Officer Above 90th percentile | $689k | $229k | $45k | $55k | $1.1M $1.2M |
Managing Director, Investment Team Highest Compensated Employee Above 90th percentile | $311k | $119k | $162k | $33k | $776k $855k |
Constituent Engmt/asso. Gen Counsel (thru 1/2024 Officer (Unspecified) | $281k | $34k | $12k | $32k | $392k $432k |
General Counsel Officer (Unspecified) | $251k | $25k | $5k | $38k | $348k $383k |
Director of Investment Operations 75th to 90th percentile | $231k | $40k | — | $33k | $345k $380k |
Chief Financial Officer 75th to 90th percentile | $263k | $26k | $10k | $3k | $331k $365k |
Director of Investment Highest Compensated Employee 75th to 90th percentile | $231k | $16k | — | $31k | $319k $351k |
Controller Above 90th percentilevs Education peers nationwide | $170k | $18k | — | $32k | $239k $263k |
Sr. Dir. of IT Infrastructure & Security Highest Compensated Employee Median to 75th percentile | $163k | $16k | — | $520 | $197k $217k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 16 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at UNIVERSITY OF MASSACHUSETTS FOUNDATION INC equaled 3% 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.
Down 14%
from 2022
From $1.9M in 2022 to $1.6M in 2023.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Key Employee pay fell 14% from 2022 to 2023, while revenue fell 10%.
- Chief Executive Officer pay rose 153% from 2022 to 2023.
- Highest Compensated Employee pay rose 1% 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 UNIVERSITY OF MASSACHUSETTS FOUNDATION INC
What does the Key Employee of UNIVERSITY OF MASSACHUSETTS FOUNDATION INC earn?
In 2023, the Key Employee of UNIVERSITY OF MASSACHUSETTS FOUNDATION INC received $1,600,448 in total compensation. This pay is in the top 10% for Key Employee roles among Education organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Key Employee pay at UNIVERSITY OF MASSACHUSETTS FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Education organizations in Massachusetts, the 2023 pay of the Key Employee at UNIVERSITY OF MASSACHUSETTS FOUNDATION INC falls in the top 10%. In 2023, the highest total compensation at UNIVERSITY OF MASSACHUSETTS FOUNDATION INC equaled 3% of the organization's total expenses. The median for education organizations is 7%.
What are UNIVERSITY OF MASSACHUSETTS FOUNDATION INC's revenue and expenses?
In 2023, UNIVERSITY OF MASSACHUSETTS FOUNDATION INC reported $102.2M in total revenue and $46.1M in total expenses on its IRS Form 990.
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