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Filing year 2024

John M Belk Endowment

Charlotte, North Carolina·EIN 56-1954114·NTEE T22Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$39.5M
Total assets
$379M
Total expenses
$23.1M
Reported officers
3

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.

Board Member
Above 90th percentile
$308k
$327k
Board Chair
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$40k
$42k

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 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at John M Belk Endowment equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
1%
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

$14.7M

Itemized grants

86

Median grant

$5k

RecipientLocationPurposeAmount
College Advising CorpsChapel Hill, NCGeneral Operating Support$2.9M
Foundation For The CarolinasCharlotte, NCGeneral Operating Support$2.7M
James B Hunt Jr Institute For Educational Leadership And PolicyCary, NCGeneral Operating Support$1.5M
Strada Education Foundation IncIndianapolis, INGeneral operating support$1.5M
Myfuturenc IncRaleigh, NCGeneral operating support$1.3M
EducationNCRaleigh, NCGeneral Operating Support$1.1M
Presbyterian HospitalCharlotte, NCGeneral operating support$522k
Latinxed Education CenterSiler City, NCGeneral operating support$500k
Year UpBoston, MAGeneral operating support$500k
Land Of Sky Regional CouncilAsheville, NCGeneral operating support$300k
North Carolina Community CollegesRaleigh, NCGeneral Operating Support$300k
Haywood Community CollegeClyde, NCSupport for NC Reconnect$128k
North Carolina Independent Colleges & UniversitiesRaleigh, NCGeneral Operating Support$125k
Wayne Community CollegeGoldsboro, NCSupport for NC Reconnect$125k
Robeson Community CollegeLumberton, NCJMBE Next NC Acceleration Grant$80k
Robeson Community CollegeLumberton, NCSupport for RCC Reconnect$79k
Central Piedmont Community CollegeCharlotte, NCAdult Learner Toolbox$75k
Forsyth Technical Community CollegeWinstonSalem, NCFAFSA Strong Initiative$75k
University Of North Carolina At CharlotteCharlotte, NCSupport for NC Reconnect$75k
James Sprunt Community CollegeKenansville, NCJMBE Next NC Acceleration Grant$55k
Brunswick Community CollegeSupply, NCNC Reconnect$50k
Catawba Valley Community CollegeHickory, NCNC Reconnect$50k
College Of The AlbermarleElizabeth City, NCSupport NC Reconnect$50k
Central Piedmont Community CollegeCharlotte, NCAdult Learner Toolbox$50k
Davidson-Davie Community CollegeLexington, NCSupport NC Reconnect$50k
Compare this foundation's grantees

Down 23%
from 2023

From $398k in 2023 to $308k in 2024.

$398k
2023
$308k
2024
In today's dollarsEst.
Down 25% in real terms$435k to $327k

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 23% from 2023 to 2024, while revenue rose 1450%.

$398k in 2023 to $308k in 2024.
  • Board Chair pay rose 12% from 2023 to 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 ($150M - $1B), 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 John M Belk Endowment

What does the Board Member of John M Belk Endowment earn?

In 2024, the Board Member of John M Belk Endowment received $308,458 in total compensation. This pay is in the top 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at John M Belk Endowment 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 John M Belk Endowment falls in the top 10%. In 2024, the highest total compensation at John M Belk Endowment equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are John M Belk Endowment's revenue and expenses?

In 2024, John M Belk Endowment reported $39.5M in total revenue and $23.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.