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Filing year 2024

BF FOUNDATION

Grundy, Virginia·EIN 54-1388355·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$1.4M
Total assets
$7.3M
Total expenses
$739k
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

Secretary/treasurer
Board Treasurer
75th to 90th percentile
$43k
$46k

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 5 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at BF FOUNDATION equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
6%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$588k

Itemized grants

14

Median grant

$16k

RecipientLocationPurposeAmount
BUCHANAN COUNTY YMCAGRUNDY, VAEDUCATIONAL$231k
BOYS & GIRLS CLUB OF CENTRAL APPALACHIAGRUNDY, VAEDUCATIONAL$150k
ALICE LLYOD COLLEGEPIPPA PASSES, KYEDUCATIONAL$60k
BUCHANAN COUNTY TECHNOLOGY AND CAREER CENTERGRUNDY, VAEDUCATIONAL$30k
APPALACHAIN HIGHLANDS COMMUNITY DENTAL CENTERABINGDON, VAEDUCATIONAL$25k
THEATRE GUILD OF BUCHANAN COUNTY INCVANSANT, VAEDUCATIONAL$20k
THE COMMUNITY FOUNDATION OF WESTERN NC INCASHEVILLE, NCEDUCATIONAL$16k
BAPTIST GENERAL ASSOCIAION OF VIRGINIAHENRICO, VAEDUCATIONAL$16k
SAMARITANS PURSEBOONE, NCEDUCATIONAL$15k
FRIENDS OF BUCHANAN COUNTY LIBRARYBUCHANAN, VAEDUCATIONAL$13k
BUCHANAN FIRST PRESBYTERIAN CHURCHGRUNDY, VAEDUCATIONAL$5k
WILLIAM KING MUSEUM OF ARTABINGDON, VAEDUCATIONAL$5k
GRUNDY HIGH SCHOOL - ART DEPARTMENTGRUNDY, VAEDUCATIONAL$3k
29TH JUDICIAL DISTRICT COURT APPOINTED SPECIAL ADVOCATES PROGRAMGRUNDY, VAEDUCATIONAL$600
Compare this foundation's grantees

Held steady
from 2023

From $43k in 2023 to $43k in 2024.

$43k
2023
$43k
2024
In today's dollarsEst.
Down 3% in real terms$47k to $46k

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

Board Treasurer pay held roughly steady from 2023 to 2024, while revenue rose 82%.

$43k in 2023 to $43k 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.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about BF FOUNDATION

What does the Board Treasurer of BF FOUNDATION earn?

In 2024, the Board Treasurer of BF FOUNDATION received $43,260 in total compensation. This pay is in the top quarter for Board Treasurer roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Treasurer pay at BF FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board Treasurer at BF FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at BF FOUNDATION equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are BF FOUNDATION's revenue and expenses?

In 2024, BF FOUNDATION reported $1.4M in total revenue and $739k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.