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Filing year 2024

Democracy Fund Inc

Washington, District of Columbia·EIN 38-3926408·NTEE P20 · Human Services·501(c)(3)
Total revenue
$64M
Total assets
$15.8M
Total expenses
$61.6M
Reported officers
7

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Human Services organizations in District of Columbia.

President & CEO
Above 90th percentile
$521k
$553k
General Counsel & Secretary
Board Secretary
Above 90th percentilevs Human Services peers nationwide
$312k
$331k
Treasurer & Senior Director of Finance
75th to 90th percentile
$241k
$256k
Director
Unclassified
$20k
$21k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Democracy Fund Inc equaled 0.8% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2024)
0.8%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services 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

$49.2M

Itemized grants

237

Median grant

$165k

RecipientLocationPurposeAmount
New Venture FundWashington, DCProgram support for Trusted Elections Fund$1.5M
Solutions Project IncOakland, CAProgram support to advance climate and migrant justice$1.5M
Borealis PhilanthropyMinneapolis, MNProgram support for the Racial Equity in Journalism Fund$1M
JustFundUsOakland, CAProgram support for Building Power Fund$934k
Hopewell FundWashington, DCProgram Support for Free Election Fund$750k
The Project on Government Oversight IncWashington, DCGeneral support$750k
New Venture FundWashington, DCProgram support for Future Currents$720k
Democracy Forward FoundationWashington, DCGeneral support$700k
Free PressWashington, DCGeneral support$700k
Lawyers' Committee for Civil Rights Under LawWashington, DCGeneral support$600k
People's Action InstituteChicago, ILGeneral support$560k
Proteus Fund IncWaltham, MAProgram support for Rise Together Fund$550k
Partnership for Public Service IncWashington, DCGeneral support$525k
American Journalism ProjectWashington, DCGeneral support$500k
Center for Media JusticeOakland, CAGeneral support$500k
Global ImpactWashington, DCProgram support for GovAct$500k
Global ImpactWashington, DCProgram support for Legal Accountability Center$500k
State Leadership ProjectRaleigh, NCProgram support to bring new funding to nonpartisan civic engagement$500k
The Miami Foundation IncMiami, FLProgram Support for Press Forward$500k
Way to RiseWashington, DCProgram support for Valiente Fund$500k
Voter Registration ProjectWashington, DCGeneral support$473k
Allied Media Projects IncDetroit, MIProgram support for Detroit Community Tech Project$450k
AccountableUSWashington, DCGeneral support$415k
University of MarylandCollege Park, MDProgram support for the Election Talent Study Group$412k
Rural Digital Youth Resiliency Project IncMorgantown, WVGeneral support$400k
Compare this foundation's grantees

Held steady
from 2023

From $522k in 2023 to $521k in 2024.

$522k
2023
$521k
2024
In today's dollarsEst.
Down 3% in real terms$573k to $553k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, 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 held roughly steady from 2023 to 2024, while revenue rose 2443%.

$522k in 2023 to $521k in 2024.
  • Board Secretary pay rose 6% from 2023 to 2024.
  • Chief Financial Officer pay rose 4% 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.
Financial trend

Revenue and expenses over time

Democracy Fund Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.5M
$100M
2023
$64M
$61.6M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Human Services executives earn in District of Columbia

Comparable human services organizations in District of Columbia pay their highest-earning executive a median of $128,550.

25th percentile
$69k
Median
$128,550
75th percentile
$202k
90th percentile
$323k

These are human services sector-wide figures, not this organization's reported pay. Based on 288 organizations across 288 filings (2022 – 2024).

See full Human Services pay data for District of Columbia
FAQ

Common questions about Democracy Fund Inc

What does the Chief Executive Officer of Democracy Fund Inc earn?

In 2024, the Chief Executive Officer of Democracy Fund Inc received $520,858 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Human Services organizations in District of Columbia: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Democracy Fund Inc compare with similar nonprofits?

Compared with the same role at Human Services organizations in District of Columbia, the 2024 pay of the Chief Executive Officer at Democracy Fund Inc falls in the top 10%. In 2024, the highest total compensation at Democracy Fund Inc equaled 0.8% of the organization's total expenses. The median for human services organizations is 8%.

What are Democracy Fund Inc's revenue and expenses?

In 2024, Democracy Fund Inc reported $64M in total revenue and $61.6M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.