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Filing year 2024

MARGARET C WOODSON FOUNDATION INC

Charlotte, North Carolina·EIN 56-6064938·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$856k
Total assets
$380k
Total expenses
$1.1M
Reported officers
9

Executive compensation

Form 990-PF · Part VIII · 9 reported individuals · Filing year 2024

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

Director
Unclassified
$6k
$7k
Director
Unclassified
$4k
$4k
Director
Unclassified
$4k
$4k
Chair
Board Chair
10th to 25th percentile
$4k
$4k
Director
Unclassified
$4k
$4k
Director
Unclassified
$4k
$4k
Director
Unclassified
$4k
$4k
Director
Unclassified
$4k
$4k
Director
Unclassified
$4k
$4k

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 MARGARET C WOODSON FOUNDATION INC equaled 0.6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.6%
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

$1M

Itemized grants

72

Median grant

$8k

RecipientLocationPurposeAmount
CATAWBA COLLEGESALISBURY, NCSCHOLARSHIP SUPPORT - ROWAN AND DAVIE COUNTY STUDENTS$75k
CHILDREN'S HOPE ALLIANCEBARIUM SPRINGS, NCHEALING THE HURT THROUGH OUTPATIENT THERAPY$75k
DAVIDSON COLLEGEDAVIDSON, NC2023-24 MARGARET C. WOODSON SCHOLARSHIP$75k
MARY BALDWIN UNIVERSITYSTAUNTON, VAWOODSON 1ST SCHOLARSHIP - COHORT 3$75k
COMMUNITY CARE CLINIC OF ROWAN COUNTY INCSALISBURY, NCMEDICAL, DENTAL, AND PHARMACY OPERATING EXPENSES$45k
ROWAN HELPING MINISTRIESSALISBURY, NCCRISIS ASSISTANCE NETWORK - FINANCIAL ASSISTANCE; MIRACLES ON THE HORIZON; IN HONOR & APPRECIATION OF TRICIA JOHNSON FOR HER SERVICE ON THE WOODSON FOUNDATION BOARD$45k
TERRIE HESS CHILD ADVOCACY CENTERSALISBURY, NCGENERAL SUPPORT$37k
LIVINGSTONE COLLEGESALISBURY, NCSCHOLARSHIPS FOR UNDER-RESOURCED STUDENTS$35k
ROWAN-SALISBURY SCHOOL SYSTEMSALISBURY, NCHORIZON UNLIMITED - MARGARET C. WOODSON PLANETARIUM MAINTENANCE IN 2023$26k
MEALS ON WHEELS OF ROWAN INCSALISBURY, NCNUTRITIOUS MEALS AND GROCERIES$25k
NEXT GENERATION SPORTS ACADEMYSALISBURY, NCACADEMIC EXCELLENCE$25k
ROWAN-CABARRUS COMMUNITY COLLEGE FOUNDATIONSALISBURY, NCREMOVING EDUCATIONAL BARRIERS: SCHOLARSHIPS AND EMERGENCY FUNDING$25k
DRAGONFLY HOUSE CHILDREN'S ADVOCACY CENTERMOCKSVILLE, NCCOMMUNITY OUTREACH AND EDUCATION$20k
STOREHOUSE FOR JESUSMOCKSVILLE, NCFREE MEDICAL CARE FOR LOW INCOME UNINSURED INDIVIDUALS$20k
HOOD THEOLOGICAL SEMINARYSALISBURY, NCWOODSON ENDOWED SCHOLARSHIP AND ANNUAL FUND PROGRAM$18k
DAVIE COUNTY NORTH CAROLINAMOCKSVILLE, NCDAVIE CENTER FOR VIOLENCE PREVENTION OPERATING FUND$18k
FAMILY CRISIS COUNCIL OF ROWAN INCSALISBURY, NCFAMILY CRISIS COUNCIL OF ROWAN OPERATING SUPPORT$15k
HUMANE SOCIETY OF ROWAN COUNTY INCSALISBURY, NCMARGARET C. WOODSON SPAY/NEUTER AND VACCINE PROGRAM$15k
PARTNERS IN LEARNING CHILD DEVELOPMENT CENTERSALISBURY, NCNEW FACILITY AND CLINICAL SERVICES$15k
CAPSTONE RECOVERY CENTER INCSALISBURY, NCSUBSTANCE ABUSE/MENTAL HEALTH TREATMENT PROGRAM$10k
COMMUNITIES IN SCHOOLS OF ROWAN COUNTYSALISBURY, NCVOLUNTEER COORDINATOR$10k
DAVIE COUNTY EMERGENCY SERVICESMOCKSVILLE, NCDAVIE COUNTY COMMUNITY PARAMEDIC PROGRAM$10k
FAMILY PROMISE OF DAVIE COUNTYMOCKSVILLE, NCHOMELESSNESS PREVENTION AND SHELTER DIVERSION$10k
HABITAT FOR HUMANITY OF ROWAN COUNTYSALISBURY, NCPURCHASE OF BUILDING LOTS$10k
HAPPY ROOTS INCSALISBURY, NCROWAN COUNTY SCHOOL GARDEN PROGRAMS$10k
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Pay for the position

Board Chair pay held roughly steady from 2023 to 2024, while revenue fell 6%.

$4k in 2023 to $4k in 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 (Under $1M), 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 MARGARET C WOODSON FOUNDATION INC

What does the Board Chair of MARGARET C WOODSON FOUNDATION INC earn?

In 2024, the Board Chair of MARGARET C WOODSON FOUNDATION INC received $4,000 in total compensation. This pay is in the bottom quarter for Board Chair roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Chair pay at MARGARET C WOODSON FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board Chair at MARGARET C WOODSON FOUNDATION INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at MARGARET C WOODSON FOUNDATION INC equaled 0.6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MARGARET C WOODSON FOUNDATION INC's revenue and expenses?

In 2024, MARGARET C WOODSON FOUNDATION INC reported $856k in total revenue and $1.1M in total expenses on its IRS Form 990.

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