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Filing year 2024

DR MICHAEL & SOPHIA YARBOROUGH FOUNDATION INC

Raleigh, North Carolina·EIN 83-0491533·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$117k
Total assets
$654k
Total expenses
$108k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. DR MICHAEL & SOPHIA YARBOROUGH FOUNDATION INC reported 2 unpaid officers and board members on its 990-PF.

Chairman/president
Vice President/secy/treasu

Grants paid

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

Total granted

$90k

Itemized grants

4

Median grant

$15k

RecipientLocationPurposeAmount
MAYO CLINIC FOUNDATIONROCHESTER, MNCONTINUED FINANCIAL SUPPORT$50k
BEST FRIENDS ANIMAL SOCIETYKANAB, UTFINANCIAL SUPPORT$20k
FIRST PRESBYTERIAN CHURCHRALEIGH, NCCONTINUED FINANCIAL SUPPORT$10k
FOOD BANK OF EASTERN NCRALEIGH, NCFINANCIAL SUPPORT$10k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

DR MICHAEL & SOPHIA YARBOROUGH FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$81k
$174k
2023
$117k
$108k
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

DR MICHAEL & SOPHIA YARBOROUGH FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in North Carolina earns a median of $42,970.

25th percentile
$10k
Median
$42,970
75th percentile
$100k
90th percentile
$204k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 471 organizations across 471 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for North Carolina
FAQ

Common questions about DR MICHAEL & SOPHIA YARBOROUGH FOUNDATION INC

What are DR MICHAEL & SOPHIA YARBOROUGH FOUNDATION INC's revenue and expenses?

In 2024, DR MICHAEL & SOPHIA YARBOROUGH FOUNDATION INC reported $117k in total revenue and $108k in total expenses on its IRS Form 990.

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