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Filing year 2024

DON AND MILLIE NELMS FOUNDATION

Fayetteville, Arkansas·EIN 92-2516020·NTEE H80 · Medical Research·501(c)(3)
Total revenue
$68k
Total assets
$1.1M
Total expenses
$1M
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Director/secretary/treasurer
Unclassified
$204k
$216k

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 3 unpaid individuals.

Browse compensation in Medical Research

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at DON AND MILLIE NELMS FOUNDATION equaled 20% of the organization's total expenses. The median for medical research organizations is 10%.

This organization (2024)
20%
Sector median
10%
Middle half of sector
4% to 21%

Based on 1,118 medical research 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

$748k

Itemized grants

2

Median grant

$374k

RecipientLocationPurposeAmount
NELMS DYSLEXIA FOUNDATIONFAYETTEVILLE, ARDyslexia Center programs:teacher training, student therapy, student assessments, research$736k
NWA AUDUBON SOCIETYFORT SMITH, ARMISSION TO REBUILD THE MUHOLLAN BLIND / CONSERVATION$12k
Financial trend

Revenue and expenses over time

DON AND MILLIE NELMS FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.1M
$24k
2023
$68k
$1M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Medical Research executives earn

Comparable medical research organizations nationwide pay their highest-earning executive a median of $120,264.

25th percentile
$48k
Median
$120,264
75th percentile
$252k
90th percentile
$466k

These are medical research sector-wide figures, not this organization's reported pay. Based on 1,118 organizations across 1,118 filings (2020 – 2024).

See full Medical Research compensation data
FAQ

Common questions about DON AND MILLIE NELMS FOUNDATION

What are DON AND MILLIE NELMS FOUNDATION's revenue and expenses?

In 2024, DON AND MILLIE NELMS FOUNDATION reported $68k in total revenue and $1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.