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Filing year 2024

Melvin Douglas and Victoria Kay Ivester Foundation Inc

Atlanta, Georgia·EIN 45-4004727·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$17.8M
Total assets
$78.6M
Total expenses
$3.7M
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 5 reported individuals · Filing year 2024

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

Director, President
Board President
Median to 75th percentile
$136k
$142k
Director,cfo,treasurer,secretary,
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$135k
$141k
Director
Unclassified
$10k
$10k
Director
Unclassified
$10k
$10k
Director
Unclassified
$10k
$10k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Atlanta-Sandy Springs-Roswell, GA metro-area CPI-U, restating filed pay into April 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 Melvin Douglas and Victoria Kay Ivester Foundation Inc equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
4%
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

$2.9M

Itemized grants

13

Median grant

$100k

RecipientLocationPurposeAmount
Hall County School DistrictGainesville, GAHoward E. IvesterEarly CollegeNorth Campus$1M
Atlanta Botanical GardenAtlanta, GAChildrens Gardenand Orchard Parking$700k
Brenau UniversityGainesville, GAIvester CollegeOf Health Sciences$550k
University of Georgia FoundationAthens, GAUGA Scholarhipsand Study AbroadPrograms$145k
Brenau UniversityGainesville, GAEndowed Scholarhship Barnett/Skleder$140k
Brenau UniversityGainesville, GABrenau UniversityScholarships$113k
Hall County School DistrictGainesville, GALearning Commons$100k
Hall County School DistrictGainesville, GAHoward E. IvesterEarly College/UGA Partnership$100k
Hall County School DistrictGainesville, GAHall County SchoolDistrict Teacherof Year Program$25k
Gainesville City School SystemGainesville, GACity of GainesvilleTeacher ofYear Program$10k
University of Georgia FoundationAthens, GAScholarship-CAESMassey/Ivester Foundation$8k
Theatre Wings Endowment FundGainesville, GAProduction Sponsorship$4k
Lake Lanier Olympic Park FoundationGainesville, GALake Lanier OlympicPark ProjectInvestments$3k
Compare this foundation's grantees

Up 26%
from 2023

From $107k in 2023 to $136k in 2024.

$107k
2023
$136k
2024
In today's dollarsEst.
Up 23% in real terms$115k to $142k

Estimated with Atlanta-Sandy Springs-Roswell, GA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 26% from 2023 to 2024, while revenue rose 7%.

$107k in 2023 to $136k in 2024.
  • Chief Financial Officer 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.

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 Melvin Douglas and Victoria Kay Ivester Foundation Inc

What does the Board President of Melvin Douglas and Victoria Kay Ivester Foundation Inc earn?

In 2024, the Board President of Melvin Douglas and Victoria Kay Ivester Foundation Inc received $135,500 in total compensation. This pay is above the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Georgia, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board President pay at Melvin Douglas and Victoria Kay Ivester Foundation Inc compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Georgia, the 2024 pay of the Board President at Melvin Douglas and Victoria Kay Ivester Foundation Inc falls between the median and the 75th percentile. In 2024, the highest total compensation at Melvin Douglas and Victoria Kay Ivester Foundation Inc equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Melvin Douglas and Victoria Kay Ivester Foundation Inc's revenue and expenses?

In 2024, Melvin Douglas and Victoria Kay Ivester Foundation Inc reported $17.8M in total revenue and $3.7M 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.