Executive compensation
Form 990-PF · Part VIII · 13 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.
| Position | Total |
|---|---|
President Board President Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Virginia | $288k $306k |
Executive Vice President Median to 75th percentile | $210k $223k |
Vice President Board Vice President 75th to 90th percentile | $168k $178k |
Director Unclassified | $9k $10k |
Director Unclassified | $9k $10k |
Chairman Board Chair 25th percentile to median | $9k $10k |
Director Unclassified | $9k $10k |
Director Unclassified | $9k $10k |
Director Unclassified | $9k $10k |
Director Unclassified | $9k $10k |
Director Unclassified | $9k $10k |
Director Unclassified | $9k $10k |
Director Unclassified | $9k $10k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at GEORGE AND CAROL OLMSTED FOUNDATION equaled 10% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
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
$1.2M
Itemized grants
69
Median grant
$14k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| US AIR FORCE ACADEMY ASSOCIATION OF GRADUATES AND FOUNDATION | USAF ACADEMY, CO | UNDERGRADUATE OVERSEAS TRAVEL, STUDENT CONFERENCE | $115k |
| US MILITARY ACADEMY ASSOCIATION OF GRADUATES | WEST POINT, NY | UNDERGRADUATE OVERSEAS TRAVEL, STUDENT CONFERENCE | $115k |
| US NAVAL ACADEMY ALUMNI ASSOCIATION AND FOUNDATION | ANNAPOLIS, MD | UNDERGRADUATE OVERSEAS TRAVEL, STUDENT CONFERENCE | $115k |
| UNIVERSITY OF NORTH GEORGIA FOUNDATION | DAHLONEGA, GA | UNDERGRADUATE IMMERSION TRAVEL | $26k |
| NORWICH UNIVERSITY | NORTHFIELD, VT | UNDERGRADUATE IMMERSION TRAVEL | $25k |
| THE CITADEL FOUNDATION | CHARLESTON, SC | UNDERGRADUATE IMMERSION TRAVEL | $20k |
| US COAST GUARD ACADEMY | NEW LONDON, CT | UNDERGRADUATE IMMERSION TRAVEL | $20k |
| VIRGINIA MILITARY INSTITUTE FOUNDATION | LEXINGTON, VA | UNDERGRADUATE IMMERSION TRAVEL | $20k |
| VIRGINIA TECH FOUNDATION | BLACKSBURG, VA | UNDERGRADUATE IMMERSION TRAVEL | $20k |
| THE SOCIETY OF THE CINCINNATI | WASHINGTON, DC | PUBLIC EDUCATION | $15k |
| NORFOLK STATE UNIVERSITY | NORFOLK, VA | UNDERGRADUATE IMMERSION TRAVEL | $6k |
Up 5%
from 2023
From $274k in 2023 to $288k in 2024.
Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board President pay rose 5% from 2023 to 2024, while revenue rose 116%.
- Executive Vice President pay rose 3% from 2023 to 2024.
- Board Vice President pay rose 2% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), 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.
Common questions about GEORGE AND CAROL OLMSTED FOUNDATION
What does the Board President of GEORGE AND CAROL OLMSTED FOUNDATION earn?
In 2024, the Board President of GEORGE AND CAROL OLMSTED FOUNDATION received $287,970 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Virginia: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board President pay at GEORGE AND CAROL OLMSTED FOUNDATION compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Virginia, the 2024 pay of the Board President at GEORGE AND CAROL OLMSTED FOUNDATION falls in the top 10%. In 2024, the highest total compensation at GEORGE AND CAROL OLMSTED FOUNDATION equaled 10% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are GEORGE AND CAROL OLMSTED FOUNDATION's revenue and expenses?
In 2024, GEORGE AND CAROL OLMSTED FOUNDATION reported $3.9M in total revenue and $2.7M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.
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