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Filing year 2023

WESTERN MICHIGAN UNIVERSITY FOUNDATION

Kalamazoo, Michigan·EIN 38-2138856·NTEE B110 · Education·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 · Schedule J · 4 reported individuals · Filing year 2023

Base salaryExecutive compensation
Designated D
board member
$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

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.

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

Revenue and expenses over time

WESTERN MICHIGAN UNIVERSITY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$47.7M
$60.5M
2022
$58.8M
$56.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Michigan

Comparable education organizations in Michigan pay their highest-earning executive a median of $75,210.

25th percentile
$30k
Median
$75,210
75th percentile
$144k
90th percentile
$278k

These are education sector-wide figures, not this organization's reported pay. Based on 520 organizations across 520 filings (2021 – 2024).

See full Education pay data for Michigan
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