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Filing year 2024

CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED

Martinsville, Virginia·EIN 54-0490435·NTEE B12 · Education·501(c)(3)
Total revenue
$6.7M
Total assets
$74.1M
Total expenses
$4.7M
Reported officers
8

Executive compensation

Form 990-PF · Part VIII · 8 reported individuals · Filing year 2024

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

Vice President
Board Vice President
10th to 25th percentile
$53k
$56k
Treasurer/secre
Board Treasurer
Median to 75th percentilevs Education peers nationwide
$15k
$16k
President
Board President
25th percentile to medianvs Education peers nationwide
$14k
$15k
Trustee
Board Member
25th percentile to median
$13k
$14k
Trustee
Board Member
10th to 25th percentile
$12k
$13k
Trustee
Board Member
10th to 25th percentile
$12k
$12k
Trustee
Board Member
10th to 25th percentile
$11k
$12k
Trustee
Board Member
10th to 25th percentile
$11k
$12k

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.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
1%
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.

Grants paid

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

Total granted

$3.9M

Itemized grants

14

Median grant

$100k

RecipientLocationPurposeAmount
FORK UNION MILITARY ACADEMYFORK UNION, VASTUDENT GRANTS FOR TUITION, BOOKS, FEES, ETC$100k
HARGRAVE MILITARY ACADEMYCHATHAM, VASTUDENT GRANTS FOR TUITION, BOOKS, FEES, ETC.$100k
AVERETT UNIVERSITYDANVILLE, VASTUDENT GRANTS FOR TUITION, BOOKS, FEES, ETC.$33k
BLUEFIELD UNIVERSITYBLUEFIELD, VASTUDENT GRANTS FOR TUITION, BOOKS, FEES, ETC.$25k
Compare this foundation's grantees

Down 7%
from 2023

From $57k in 2023 to $53k in 2024.

$57k
2023
$53k
2024
In today's dollarsEst.
Down 10% in real terms$62k to $56k

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 Vice President pay fell 7% from 2023 to 2024, while revenue rose 163%.

$57k in 2023 to $53k in 2024.
  • Board Treasurer pay fell 10% from 2023 to 2024.
  • Board President pay fell 14% 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.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), 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.

1
JT-MINNIE MAUDE CHARITABLE TRUST2024
$116k
2
CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED2024
$53k
Compare compensation across all Education organizations
FAQ

Common questions about CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED

What does the Board Vice President of CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED earn?

In 2024, the Board Vice President of CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED received $52,850 in total compensation. This pay is in the bottom quarter for Board Vice President roles among Education organizations in Virginia, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Vice President pay at CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED compare with similar nonprofits?

Compared with the same role at Education organizations in Virginia, the 2024 pay of the Board Vice President at CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED falls between the 10th and 25th percentiles. In 2024, the highest total compensation at CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED's revenue and expenses?

In 2024, CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED reported $6.7M in total revenue and $4.7M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.