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Filing year 2024

CENTRE FOUNDATION INC

State College, Pennsylvania·EIN 25-1782197·NTEE T31 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$8.4M
Total assets
$83.4M
Total expenses
$7.3M
Reported officers
16
Mission

CENTRE FOUNDATION FORMED TO RECEIVE, HOLD AND ADMINISTER FUNDS FOR THE BENEFIT OF THE COMMUNITY. ENDOWMENT FUNDS GENERATE EARNINGS FOR GRANTS TO LOCAL 501(C)(3) ORGANIZATIONS FOR THE BENEFIT OF ARTS, HUMANITIES, CULTURE, EDUCATION, RECREATION AND SOCIAL SERVICE AGENCIES IN CENTRE COUNTY PENNSYLVANIA AND SURROUNDING REGIONS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

President/ceo
75th to 90th percentile
$179k
$194k
Base
$170k
Bonus
Other
Benefits
$4k
Cfo/coo
Highest Compensated Employee
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$160k
$172k
Base
$144k
Bonus
Other
Benefits
$11k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 14 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 CENTRE FOUNDATION INC equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
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.

Up 4%
from 2023

From $173k in 2023 to $179k in 2024.

$173k
2023
$179k
2024
In today's dollarsEst.
Roughly flat in real terms$193k to $194k

Estimated with BLS CPI-U for the Northeast 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 rose 4% from 2023 to 2024, while revenue rose 39%.

$173k in 2023 to $179k in 2024.
  • Highest Compensated Employee pay rose 5% from 2023 to 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 CENTRE FOUNDATION INC

What does the Chief Executive Officer of CENTRE FOUNDATION INC earn?

In 2024, the Chief Executive Officer of CENTRE FOUNDATION INC received $179,293 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Pennsylvania, though not the top 10% of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Pennsylvania, the 2024 pay of the Chief Executive Officer at CENTRE FOUNDATION INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at CENTRE FOUNDATION INC equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are CENTRE FOUNDATION INC's revenue and expenses?

In 2024, CENTRE FOUNDATION INC reported $8.4M in total revenue and $7.3M in total expenses on its IRS Form 990.

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