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Filing year 2024

Francis M Barnes Memorial Trust Jennifer B Thigpen

Williamston, North Carolina·EIN 20-1533095·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.1M
Total assets
$5.4M
Total expenses
$319k
Reported officers
2

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in North Carolina.

Trustee
Board Member
Median to 75th percentile
$23k
$24k
Trustee
Board Member
Median to 75th percentile
$23k
$24k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Francis M Barnes Memorial Trust Jennifer B Thigpen equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
7%
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

$216k

Itemized grants

1

Median grant

$216k

Down 26%
from 2023

From $31k in 2023 to $23k in 2024.

$31k
2023
$23k
2024
In today's dollarsEst.
Down 28% in real terms$34k to $24k

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.

Pay for the position

Board Member pay fell 26% from 2023 to 2024, while revenue rose 146%.

$31k in 2023 to $23k in 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 ($1M - $10M), 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 Francis M Barnes Memorial Trust Jennifer B Thigpen

What does the Board Member of Francis M Barnes Memorial Trust Jennifer B Thigpen earn?

In 2024, the Board Member of Francis M Barnes Memorial Trust Jennifer B Thigpen received $22,805 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in North Carolina, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at Francis M Barnes Memorial Trust Jennifer B Thigpen compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in North Carolina, the 2024 pay of the Board Member at Francis M Barnes Memorial Trust Jennifer B Thigpen falls between the median and the 75th percentile. In 2024, the highest total compensation at Francis M Barnes Memorial Trust Jennifer B Thigpen equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Francis M Barnes Memorial Trust Jennifer B Thigpen's revenue and expenses?

In 2024, Francis M Barnes Memorial Trust Jennifer B Thigpen reported $1.1M in total revenue and $319k 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.