Lowes Foundation is focused on closing the skilled trades labor gap across the United States. Our mission is to develop a community of skilled tradespeople who can build and revitalize our homes neighborhoods and infrastructure for the future.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations in North Carolina.
- Base
- $185k
- Bonus
- —
- Other
- —
- Benefits
- $14k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Director Key Employee 75th to 90th percentile | $185k | — | — | $14k | $222k $235k |
Sr Manager Highest Compensated Employee Median to 75th percentile | — | — | — | — | $161k $171k |
Manager Highest Compensated Employee 25th percentile to median | — | — | — | — | $133k $141k |
Manager Highest Compensated Employee 25th percentile to median | — | — | — | — | $131k $139k |
Manager Highest Compensated Employee 25th percentile to median | — | — | — | — | $123k $130k |
Manager Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $114k $121k |
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 14 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at Lowes Foundation equaled 1.0% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 15%
from 2023
From $192k in 2023 to $222k in 2024.
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.
Key Employee pay rose 15% from 2023 to 2024, while revenue rose 29%.
- Highest Compensated Employee pay rose 26% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Lowes Foundation
What does the Key Employee of Lowes Foundation earn?
In 2024, the Key Employee of Lowes Foundation received $221,522 in total compensation. This pay is in the top quarter for Key Employee roles among Education organizations in North Carolina, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Key Employee pay at Lowes Foundation compare with similar nonprofits?
Compared with the same role at Education organizations in North Carolina, the 2024 pay of the Key Employee at Lowes Foundation falls between the 75th and 90th percentiles. In 2024, the highest total compensation at Lowes Foundation equaled 1.0% of the organization's total expenses. The median for education organizations is 7%.
What are Lowes Foundation's revenue and expenses?
In 2024, Lowes Foundation reported $25.3M in total revenue and $22.8M in total expenses on its IRS Form 990.
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