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Filing year 2024

DIANA DAVIS SPENCER FOUNDATION INC

Bethesda, Maryland·EIN 20-3672969·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$39M
Total assets
$1.3B
Total expenses
$79.2M
Reported officers
10

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 Philanthropy, Voluntarism & Grantmaking organizations nationwide.

Chief Investment Officer
Unclassified
$894k
$950k
CEO & President
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Maryland
$833k
$884k
Executive Chairman
Board Chair
Above 90th percentile
$777k
$825k
General Counsel and Secretary
Board Secretary
Above 90th percentile
$688k
$730k
Chief Financial Officer
Above 90th percentile
$644k
$683k
Audit & Investment Committee Member
Unclassified
$100k
$106k
Audit & Investment Committee Member
Unclassified
$75k
$80k
Trustee
Board Member
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Maryland
$30k
$32k

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 2 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 DIANA DAVIS SPENCER FOUNDATION INC equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
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 2024 Form 990-PF, Part XV.

Total granted

$79.9M

Itemized grants

138

Median grant

$188k

RecipientLocationPurposeAmount
DONORS TRUSTALEXANDRIA, VADONOR ADVISED FUND CONTRIBUTION$5M
DONORS TRUSTALEXANDRIA, VADONOR ADVISED FUND CONTRIBUTION$5M
DONORS TRUSTALEXANDRIA, VADONOR ADVISED FUND CONTRIBUTION$5M
HERITAGE FOUNDATIONWASHINGTON, DCEDUCATION AND RESEARCH$5M
HILLSDALE COLLEGEHILLSDALE, MICONSTRUCTION OF THE GRADUATE SCHOOL OF CLASSICAL EDUCATION AND ENDOWMENT$5M
TEXAS A&M UNIVERSITYCOLLEGE STATION, TXBUSH SCHOOL OF GOVERNMENT AND PUBLIC SERVICE GRADUATE PROGRAM$3.5M
TEXAS A&M UNIVERSITYCOLLEGE STATION, TXBUSH SCHOOL OF GOVERNMENT AND PUBLIC SERVICE GRADUATE PROGRAM$3.5M
DONORS TRUSTALEXANDRIA, VADONOR ADVISED FUND CONTRIBUTION$3M
INDEPENDENT WOMEN'S FORUMWINCHESTER, VATHE WINNING WOMEN PROGRAM$2.5M
DONORS TRUSTALEXANDRIA, VADONOR ADVISED FUND CONTRIBUTION$2M
HAZELDEN BETTY FORD FOUNDATIONCENTER CITY, MNFAMILY AND CHILDREN'S PROGRAMS$2M
MAYO CLINICROCHESTER, MNSUPPORT OF INTEGRATED CLINICAL PRACTICE, EDUCATION AND RESEARCH$2M
THE FEDERALIST SOCIETY FOR LAW AND PUBLIC POLICY STUDIESWASHINGTON, DCEDUCATIONAL PROGRAMS$2M
THE JACKSON LABORATORYFARMINGTON, CTVISION RESEARCH$2M
PENTAGON MEMORIAL FUND INCARLINGTON, VA9/11 PENTAGON MEMORIAL VISITOR EDUCATION CENTER AND GENERAL OPERATING FUNDS$1.3M
AMERICAN COUNCIL OF TRUSTEES AND ALUMNIWASHINGTON, DCRECLAIMING AMERICA'S HERITAGE OF FREE SPEECH IN HIGHER EDUCATION PROGRAM$1M
BULLIS SCHOOLPOTOMAC, MDSCHOLARSHIPS AND TECHNOLOGY INVERSTMENTS$1M
CARING FOR MILITARY FAMILIES THE ELIZABETH DOLE FOUNDATIONWASHINGTON, DCTOWARDS HEROES & HISTORY MAKERS CELEBRATION$1M
CHAPEL HAVEN INCNEW HAVEN, CTGENERAL OPERATING SUPPORT$1M
DONORS TRUSTALEXANDRIA, VADONOR ADVISED FUND CONTRIBUTION$1M
FOUNDATION FIGHTING BLINDNESS INCCOLUMBIA, MDRESEARCH AND CAREER DEVELOPMENT AWARD PROGRAM$1M
FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION INCPRINCETON, NJRENEW UNIVERSITIES FROM WITHIN PROJECT$1M
INTERCOLLEGIATE STUDIES INSTITUTE INCWILMINGTON, DECAMPUS CONFERENCE CENTER CONSTRUCTION SUPPORT$1M
MEDIA RESEARCH CENTER INCHERNDON, VAUNLEASH FREE SPEECH PROJECT$1M
MYSA SCHOOL INCWASHINGTON, DCMODEL EXPANSION PROJECT$800k
Compare this foundation's grantees

Up 3%
from 2023

From $871k in 2023 to $894k in 2024.

$871k
2023
$894k
2024
In today's dollarsEst.
Down 1% in real terms$955k to $950k

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 rose 3% from 2023 to 2024, while revenue fell 19%.

$809k in 2023 to $833k in 2024.
  • Board Chair pay rose 2% from 2023 to 2024.
  • Board Secretary 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.

This is a private foundation. Peers are foundations of similar asset size ($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 DIANA DAVIS SPENCER FOUNDATION INC

What does the Chief Executive Officer of DIANA DAVIS SPENCER FOUNDATION INC earn?

In 2024, the Chief Executive Officer of DIANA DAVIS SPENCER FOUNDATION INC received $832,604 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Maryland: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at DIANA DAVIS SPENCER FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Maryland, the 2024 pay of the Chief Executive Officer at DIANA DAVIS SPENCER FOUNDATION INC falls in the top 10%. In 2024, the highest total compensation at DIANA DAVIS SPENCER FOUNDATION INC equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are DIANA DAVIS SPENCER FOUNDATION INC's revenue and expenses?

In 2024, DIANA DAVIS SPENCER FOUNDATION INC reported $39M in total revenue and $79.2M in total expenses on its IRS Form 990.

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