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Filing year 2024

ANCHOR SCHOLARSHIP FOUNDATION INC

Virginia Beach, Virginia·EIN 32-0109100·NTEE B82 · Education·501(c)(3)
Total revenue
$826k
Total assets
$2.4M
Total expenses
$434k
Reported officers
16
Mission

TO AWARD COLLEGE SCHOLARSHIPS TO DEPENDENT CHILDREN AND SPOUSES OF ACTIVE DUTY, RETIRED AND HONORABLY DISCHARGED SURFACE NAVY PERSONNEL.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Executive Di
25th percentile to median
$80k
$85k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 15 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ANCHOR SCHOLARSHIP FOUNDATION INC equaled 18% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
18%
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.

Down 3%
from 2023

From $83k in 2023 to $80k in 2024.

$83k
2023
$80k
2024
In today's dollarsEst.
Down 6% in real terms$90k to $85k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 3% from 2023 to 2024, while revenue rose 74%.

$83k in 2023 to $80k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 ANCHOR SCHOLARSHIP FOUNDATION INC

What does the Chief Executive Officer of ANCHOR SCHOLARSHIP FOUNDATION INC earn?

In 2024, the Chief Executive Officer of ANCHOR SCHOLARSHIP FOUNDATION INC received $79,800 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in Virginia, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ANCHOR SCHOLARSHIP FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations in Virginia, the 2024 pay of the Chief Executive Officer at ANCHOR SCHOLARSHIP FOUNDATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at ANCHOR SCHOLARSHIP FOUNDATION INC equaled 18% of the organization's total expenses. The median for education organizations is 7%.

What are ANCHOR SCHOLARSHIP FOUNDATION INC's revenue and expenses?

In 2024, ANCHOR SCHOLARSHIP FOUNDATION INC reported $826k in total revenue and $434k in total expenses on its IRS Form 990.

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