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Filing year 2023

BURROUGHS WELLCOME FUND

Durham, North Carolina·EIN 23-7225395·NTEE T21 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$70.5M
Total assets
$848M
Total expenses
$45.5M
Reported officers
20

Executive compensation

Form 990-PF · Part VIII · 18 reported individuals · Filing year 2023

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

President - Director
Board President
Above 90th percentile
$499k
$545k
V.p. Finance
Unclassified
$438k
$478k
Board Member, Board Chair
Board Chair
25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers nationwide
$15k
$16k
Board Member, Investment Chair
Board Chair
25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers nationwide
$12k
$13k
Board Member
25th percentile to median
$11k
$12k
Board Member
25th percentile to median
$10k
$11k
Board Member
25th percentile to median
$10k
$11k
Board Member
25th percentile to median
$10k
$11k
Board Member
25th percentile to median
$10k
$11k
Board Member
25th percentile to median
$10k
$11k
Board Member
25th percentile to median
$10k
$11k
Board Member
25th percentile to median
$10k
$11k
Board Member/invest Committee
Unclassified
$10k
$11k
Board Member/invest Committee
Unclassified
$2k
$2k
Investment Commitee
Unclassified
$2k
$2k
Board Member/invest Committee
Unclassified
$2k
$2k
Investment Committee
Unclassified
$1k
$1k
Board Member&liason Invst Comm
Unclassified
$500
$546

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 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at BURROUGHS WELLCOME FUND equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
1%
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 2023 Form 990-PF, Part XV.

Total granted

$37.7M

Itemized grants

1

Median grant

$37.7M

RecipientLocationPurposeAmount
SEE GRANTS PAID ATTACHMENTDURHAM, NCSEE GRANTS PAID ATTACHMENT$37.7M

Up 5%
from 2022

From $476k in 2022 to $499k in 2023.

$476k
2022
$499k
2023
In today's dollarsEst.
Roughly flat in real terms$543k to $545k

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 President pay rose 5% from 2022 to 2023, while revenue rose 151%.

$476k in 2022 to $499k in 2023.
  • Board Member pay fell 31% from 2022 to 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.

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), 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 BURROUGHS WELLCOME FUND

What does the Board President of BURROUGHS WELLCOME FUND earn?

In 2023, the Board President of BURROUGHS WELLCOME FUND received $499,365 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at BURROUGHS WELLCOME FUND compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in North Carolina, the 2023 pay of the Board President at BURROUGHS WELLCOME FUND falls in the top 10%. In 2023, the highest total compensation at BURROUGHS WELLCOME FUND equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are BURROUGHS WELLCOME FUND's revenue and expenses?

In 2023, BURROUGHS WELLCOME FUND reported $70.5M in total revenue and $45.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.