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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·3
Total revenue
$17.8M
Total assets
$78.6M
Total expenses
$0
Reported officers
6

Executive compensation

Form 990-PF · Schedule J · 5 reported individuals · Filing year 2024

Director, President
unclassified
$136k
$142k
Director,cfo,treasurer,secretary,
$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

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Melvin Douglas and Victoria Kay Ivester Foundation Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$16.6M
2023
$17.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Georgia

Comparable philanthropy, voluntarism & grantmaking organizations in Georgia pay their highest-earning executive a median of $33,220.

25th percentile
$13k
Median
$33,220
75th percentile
$69k
90th percentile
$194k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 93 organizations across 93 filings (2021 – 2023).

See full Philanthropy, Voluntarism & Grantmaking pay data for Georgia
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