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Filing year 2024

ALBEMARLE FOUNDATION

Charlotte, North Carolina·EIN 20-4798471·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.3M
Total assets
$30.2M
Total expenses
$3.9M
Reported officers
8

Reported officers (all unpaid)

No paid executives reported in 2024. ALBEMARLE FOUNDATION reported 8 unpaid officers and board members on its 990-PF.

Director/president
Director/treasurer
Director
Director
Director
Director
Director
Executive Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$3.7M

Itemized grants

147

Median grant

$1k

RecipientLocationPurposeAmount
American Online Giving FoundationNewark, DEProgram Assistance$1.4M
American Online Giving FoundationNewark, DEProgram Assistance$1.1M
American National Red CrossWASHINGTON, DCProgram Assistance$250k
American Online Giving FoundationNewark, DEProgram Assistance$176k
FOUNDATION FOR THE CAROLINASCHARLOTTE, NCProgram Assistance$100k
American Online Giving FoundationNewark, DEProgram Assistance$89k
National Environmental Education FoundationWashington DC, DCProgram Assistance$80k
HEART MATH TUTORING INCCHARLOTTE, NCProgram Assistance$75k
Footprint ProjectNew Orleans, LAProgram Assistance$50k
Junior Achievement International China IncCHProgram Assistance$50k
NORTH CAROLINA HOME BUILDERS ASSOC EDUCATIONAL & CHARITABLE FOUNDATIORALEIGH, NCProgram Assistance$35k
NC Home Builders Educational and Charitable FoundationRaleigh, NCProgram Assistance$35k
Project ScientistCharlotte, NCProgram Assistance$25k
BOYS & GIRLS OF MAGNOLIAMAGNOLIA, ARProgram Assistance$21k
Trustees of Boston CollegeChestnut Hill, MAProgram Assistance$14k
The UK Online Giving FoundationUKProgram Assistance$10k
Granny's Goodies of IllinoisHighland Park, ILProgram Assistance$10k
Communities In Schools of CharlotteCharlotte, NCProgram Assistance$9k
The UK Online Giving FoundationUKProgram Assistance$7k
The UK Online Giving FoundationUKProgram Assistance$7k
DRESS FOR SUCCESS CHARLOTTECHARLOTTE, NCProgram Assistance$5k
BEST BUDDIES INTERNATIONAL INCMIAMI, FLProgram Assistance$5k
MIT Student Financial ServicesCambridge, MAProgram Assistance$5k
University of Wisconsin MadisonMadison, WIProgram Assistance$5k
Community Math AcademyShelby, NCProgram Assistance$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

ALBEMARLE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.3M
$6M
2023
$1.3M
$3.9M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

ALBEMARLE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in North Carolina earns a median of $42,970.

25th percentile
$10k
Median
$42,970
75th percentile
$100k
90th percentile
$204k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 471 organizations across 471 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for North Carolina
FAQ

Common questions about ALBEMARLE FOUNDATION

What are ALBEMARLE FOUNDATION's revenue and expenses?

In 2024, ALBEMARLE FOUNDATION reported $1.3M in total revenue and $3.9M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.