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Filing year 2024

JOHN REX ENDOWMENT

Raleigh, North Carolina·EIN 31-1678223·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$6.5M
Total assets
$71.8M
Total expenses
$5M
Reported officers
14

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

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

President/ceo
Board President
75th to 90th percentile
$251k
$266k

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 13 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at JOHN REX ENDOWMENT equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
5%
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

$2.3M

Itemized grants

48

Median grant

$25k

RecipientLocationPurposeAmount
WAKE COUNTY SMART STARTRALEIGH, NCTHE KALEIDOSCOPE PROJECT EXPANSION II$254k
NC COUNTS COALITIONRALEIGH, NCBEHAVIORAL HEALTH AND WESTERN NC SUPPORT$175k
100 BLACK MEN TRIANGLE EAST INCRALEIGH, NCSMALL GRASSROOTS ORGANIZATIONAL DEVELOPMENT GRANT$150k
SMART BUSRALEIGH, NCSMALL GRASSROOTS ORGANIZATIONAL DEVELOPMENT GRANT$150k
THE RESILIENCY COLLABORATIVERALEIGH, NCSMALL GRASSROOTS ORGANIZATIONAL DEVELOPMENT GRANT$150k
THE GIFTED ARTS INCRALEIGH, NCSMALL GRASSROOTS ORGANIZATIONAL DEVELOPMENT GRANT$150k
ARTS ACCESS INCRALEIGH, NCRACIAL EQUITY AND DISABILITY$75k
ARTSPACERALEIGH, NCIDEAS FOR INCLUSION, DIVERSITY, EQUITY, ACCESS, AND SUCESS IN THE WAKE COUNTY ARTS SECTOR$75k
BIG BROTHERS BIG SISTERS OF THE TRIANGLEMORRISVILLE, NCBBBST RACIAL EQUITY CAPACITY BUILDING$75k
EL PUEBLO INCRALEIGH, NCCOUNTERACTING THE NARRATIVE$75k
HAVEN HOUSE SERVICESRALEIGH, NCHAVEN HOUSE SERVICES RACIAL EQUITY$75k
LEARNING TOGETHER INCRALEIGH, NCINCREASING RACIAL EQUITY KNOWLEDGE AND RESOURCES TO BETTER SERVE FAMILIES AND CHILDREN$75k
THE CORRAL RIDING ACADEMYCARY, NCCORRAL RIDING ACADEMY$75k
THE HOPE CENTER AT PULLENRALEIGH, NCCENTERING RACIAL EQUITY TO IMPROVE THE SOCIAL-EMOTIONAL HEALTH OF WAKE COUNTY'S FOSTER YOUTH$75k
EDUCATION JUSTICE ALLIANCERALEIGH, NCEDUCATION JUSTICE ALLIANCE SMALL GRASSROOTS ORGANIZATIONAL DEVELOPMENT GRANT$75k
FIESTA CRISTIANA MISSION CONGREGATIONAPEX, NCFIESTA CRISTIANA MISSION CONGREGATION SMALL GRASSROOTS ORGANIZATIONAL DEVELOPMENT GRANT$75k
FOUNDATION FOR APPALACHIAN KENTUCKYAPPALACHIA FUNDERS NETWORKHAZARD, MACAPACITY SUPPORT FOR APPALACHIA FUNDERS NETWORK$75k
WAKEED PARTNERSHIPRALEIGH, NCWAKE EDUCATION PARTNERSHIP STRATEGIC PLAN$75k
NC COUNTS COALITIONRALEIGH, NCHURRICANE HELENE RELIEF$50k
NORTH CAROLINA COMMUNITY FOUNDATIONRALEIGH, NCINVEST EARLY NC FUND #2011$50k
TRIANGLE COMMUNITY FOUNDATIONDURHAM, DCTCBN$50k
WAKE COUNTYRALEIGH, NCCAPACITY BUILDING SUPPORT FOR WAKE COUNTY - ODEI, DIVISION OF RACE EQUITY$50k
ALICE AYCOCK POE CENTER FOR HEALTH EDUCATIONRALEIGH, NCPOE CENTER EQUITY CAPACITY BUILDING$25k
LGBT CENTER OF RALEIGHRALEIGH, NCLGBT CENTER OF RALEIGH'S CAPACITY BUILDING FOR LGBTQ+ YOUTH PROGRAMS$25k
RALEIGH LITTLE THEATRERALEIGH, NCREDEFINING STANDARDS & RENEWING COMMUNITY AT RLT$25k
Compare this foundation's grantees

Up 7%
from 2023

From $233k in 2023 to $251k in 2024.

$233k
2023
$251k
2024
In today's dollarsEst.
Up 4% in real terms$255k to $266k

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 President pay rose 7% from 2023 to 2024, while revenue rose 65%.

$233k in 2023 to $251k 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 ($50M - $150M), 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 REX ENDOWMENT

What does the Board President of JOHN REX ENDOWMENT earn?

In 2024, the Board President of JOHN REX ENDOWMENT received $250,569 in total compensation. This pay is in the top quarter for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in North Carolina, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at JOHN REX ENDOWMENT compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in North Carolina, the 2024 pay of the Board President at JOHN REX ENDOWMENT falls between the 75th and 90th percentiles. In 2024, the highest total compensation at JOHN REX ENDOWMENT equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are JOHN REX ENDOWMENT's revenue and expenses?

In 2024, JOHN REX ENDOWMENT reported $6.5M in total revenue and $5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.