WAYNE STATE UNIVERSITY FOUNDATION WAS ESTABLISHED TO BE A CENTRALIZED MEANS OF ENCOURAGING AND MANAGING FINANCIAL SUPPORT TO WAYNE STATE UNIVERSITY. THIS SUPPORT ALLOWS WAYNE STATE UNIVERSITY TO PROVIDE ITS STUDENTS, FACULTY, AND SCIENTISTS WITH OPPORTUNITIES FOR LEARNING AND DISCOVERY THAT OTHERWISE WOULD NOT HAVE BEEN FINANCIALLY POSSIBLE.
Executive compensation
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 nationwide.
| Position | Total |
|---|---|
University President (former) Former Officer/director/trustee Median to 75th percentile | $170k $185k |
Director/foundation President 25th percentile to medianvs Education peers in Michigan | $62k $67k |
Sr Vp, CFO & Treasurer (part Year) 25th percentile to medianvs Education peers in Michigan | $36k $39k |
Director/university President 10th to 25th percentilevs Education peers in Michigan | $33k $36k |
Secretary Secretary (Operational) 25th percentile to median | $27k $29k |
Director/wsu Law Professor & President of Academic Senate Board President Median to 75th percentile | $25k $27k |
Sr Vp, CFO & Treasurer 25th percentile to medianvs Education peers in Michigan | $25k $27k |
President (former) Former Officer/director/trustee Below 10th percentile | $20k $22k |
Asst VP Treasury Vice President 10th to 25th percentile | $18k $20k |
Director (former) Former Officer/director/trustee Below 10th percentile | $4k $4k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 13 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at WAYNE STATE UNIVERSITY FOUNDATION equaled 0.6% 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 23%
from 2022
From $222k in 2022 to $170k in 2023.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Former Officer/director/trustee pay rose 3346% from 2022 to 2023, while revenue rose 133%.
- Chief Executive Officer pay fell 72% from 2022 to 2023.
- Chief Financial Officer pay rose 12% 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 WAYNE STATE UNIVERSITY FOUNDATION
What does the Former Officer/director/trustee of WAYNE STATE UNIVERSITY FOUNDATION earn?
In 2023, the Former Officer/director/trustee of WAYNE STATE UNIVERSITY FOUNDATION received $170,385 in total compensation. This pay is above the median (the midpoint) for Former Officer/director/trustee roles among Education organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Former Officer/director/trustee pay at WAYNE STATE UNIVERSITY FOUNDATION compare with similar nonprofits?
Compared with the same role at Education organizations nationwide, the 2023 pay of the Former Officer/director/trustee at WAYNE STATE UNIVERSITY FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at WAYNE STATE UNIVERSITY FOUNDATION equaled 0.6% of the organization's total expenses. The median for education organizations is 7%.
What are WAYNE STATE UNIVERSITY FOUNDATION's revenue and expenses?
In 2023, WAYNE STATE UNIVERSITY FOUNDATION reported $21.7M in total revenue and $26.4M in total expenses on its IRS Form 990.
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