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Filing year 2024

FOUNDATION 28

Charlotte, North Carolina·EIN 93-1854528·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$287k
Total assets
$2.2M
Total expenses
$218k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. FOUNDATION 28 reported 3 unpaid officers and board members on its 990-PF.

President
Director
Director

Grants paid

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

Total granted

$160k

Itemized grants

5

Median grant

$25k

RecipientLocationPurposeAmount
IMPACT FOUNDATIONCHARLOTTE, NCGENERAL SUPPORT$65k
WEST BLVD MINISTRYCHARLOTTE, NCGENERAL SUPPORT$35k
NOTRE DAME HIGH SCHOOLEASTON, PAGENERAL SUPPORT$25k
NEW CITY CHURCHCHARLOTTE, NCGENERAL SUPPORT$25k
MISSION TRIANGLERALEIGH, NCGENERAL SUPPORT$10k
Financial trend

Revenue and expenses over time

FOUNDATION 28 reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.3M
$203k
2023
$287k
$218k
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 Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

FOUNDATION 28 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 FOUNDATION 28

What are FOUNDATION 28's revenue and expenses?

In 2024, FOUNDATION 28 reported $287k in total revenue and $218k 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.