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Filing year 2023

MEDI-REC FOUNDATION INC

Apex, North Carolina·EIN 06-6182480·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$28k
Total assets
$267k
Total expenses
$38k
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

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

President
Board President
25th percentile to median
$6k
$7k

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 5 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MEDI-REC FOUNDATION INC equaled 16% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
16%
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 2023 Form 990-PF, Part XV.

Total granted

$29k

Itemized grants

9

Median grant

$300

RecipientLocationPurposeAmount
FORDHAM UNIVERSITYBOSTON, MAANNUAL DONATION (UNRESTRICTED)$22k
MOUNT ST MICHAEL ACADEMYBRONX, NYANNUAL DONATION (UNRESTRICTED)$5k
DANA FARBER CANCER INSTITUTEBROOKLINE, MAANNUAL DONATION (UNRESTRICTED)$300
SPECIAL OLYMPICS NCRALEIGH, NCANNUAL DONATION (UNRESTRICTED)$300
CARLOS BELTRAN BASEBALL ACADEMYCOTO LAUREL, PRANNUAL DONATION (UNRESTRICTED)$300
SAINT ANNE'S SHRINEISLE MOTTE, VTANNUAL DONATION (UNRESTRICTED)$300
NEW CANAAN LIBRARYNEW CANAAN, CTANNUAL DONATION (UNRESTRICTED)$200
MEALS ON WHEELSRALEIGH, NCANNUAL DONATION (UNRESTRICTED)$150
AMERICAN CANCER SOCIETY INCCHARLOTTE, NCANNUAL DONATION (UNRESTRICTED)$100
Pay for the position

Board President pay held roughly steady from 2022 to 2023, while revenue rose 6%.

$6k in 2022 to $6k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 MEDI-REC FOUNDATION INC

What does the Board President of MEDI-REC FOUNDATION INC earn?

In 2023, the Board President of MEDI-REC FOUNDATION INC received $6,000 in total compensation. This pay is below the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in North Carolina, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board President pay at MEDI-REC FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in North Carolina, the 2023 pay of the Board President at MEDI-REC FOUNDATION INC falls between the 25th percentile and the median. In 2023, the highest total compensation at MEDI-REC FOUNDATION INC equaled 16% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MEDI-REC FOUNDATION INC's revenue and expenses?

In 2023, MEDI-REC FOUNDATION INC reported $28k in total revenue and $38k 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.