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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.