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Filing year 2023

WESTERN MICHIGAN UNIVERSITY FOUNDATION

Kalamazoo, Michigan·EIN 38-2138856·NTEE B110 · Education·501(c)(3)
Total revenue
$58.8M
Total assets
$1.1B
Total expenses
$56.4M
Reported officers
28
Mission

MISSION STATEMENT (ADOPTED 2018) THE MISSION OF THE WESTERN MICHIGAN UNIVERSITY FOUNDATION IS TO PROMOTE AND SUPPORT WESTERN MICHIGAN UNIVERSITY SO THAT IT CAN EFFECTIVELY CARRY OUT ITS MISSION OF TEACHING, RESEARCH AND SERVICE. THE FOUNDATION ACCOMPLISHES ITS MISSION BY MAINTAINING AND ENLARGING AN ENDOWMENT FUND, THE INCOME FROM WHICH PROVIDES SUPPLEMENTAL FINANCIAL ASSISTANCE FOR CURRENT DEMANDS. THE FOUNDATION ALSO FULFILLS ITS MISSION THROUGH: COST-EFFECTIVE FUND-RAISING PROGRAMS, CONDUCTED BY THE UNIVERSITY ADVANCEMENT OFFICE, WHICH SEEK PARTICIPATION FROM A VARIETY OF WESTERN MICHIGAN UNIVERSITY CONSTITUENTS; PRUDENT AND RESPONSIBLE ADMINISTRATION OF THE ASSETS ENTRUSTED TO IT BY ITS MANY CONSTITUENTS; AND EFFECTIVE DISTRIBUTION OF ITS RESOURCES TO AREAS OF PRIORITY WITHIN WESTERN MICHIGAN THE WMU FOUNDATION IS ADMINISTERED BY THE EXECUTIVE DIRECTOR/SECRETARY, WHO ALSO SERVES AS THE VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT, AND A VOLUNTEER BOARD OF DIRECTORS, WHO OVERSEE HOW FU

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

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

Designated D
Board Member
75th to 90th percentile
$74k
$82k
Secretary, E
Officer (Unspecified)
$47k
$52k
Treasurer
Officer (Unspecified)
$47k
$51k
Assistant Tr
Officer (Unspecified)
$40k
$44k

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 24 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WESTERN MICHIGAN UNIVERSITY FOUNDATION equaled 0.1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.1%
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 1%
from 2022

From $73k in 2022 to $74k in 2023.

$73k
2022
$74k
2023
In today's dollarsEst.
Down 3% in real terms$84k to $82k

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

Board Member pay rose 1% from 2022 to 2023, while revenue rose 23%.

$73k in 2022 to $74k in 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 WESTERN MICHIGAN UNIVERSITY FOUNDATION

What does the Board Member of WESTERN MICHIGAN UNIVERSITY FOUNDATION earn?

In 2023, the Board Member of WESTERN MICHIGAN UNIVERSITY FOUNDATION received $73,811 in total compensation. This pay is in the top quarter for Board Member roles among Education organizations in Michigan, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at WESTERN MICHIGAN UNIVERSITY FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Michigan, the 2023 pay of the Board Member at WESTERN MICHIGAN UNIVERSITY FOUNDATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at WESTERN MICHIGAN UNIVERSITY FOUNDATION equaled 0.1% of the organization's total expenses. The median for education organizations is 7%.

What are WESTERN MICHIGAN UNIVERSITY FOUNDATION's revenue and expenses?

In 2023, WESTERN MICHIGAN UNIVERSITY FOUNDATION reported $58.8M in total revenue and $56.4M in total expenses on its IRS Form 990.

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