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Filing year 2024

MW ARMISTEAD III FAMILY FOUNDATION

Roanoke, Virginia·EIN 03-0435755·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$125k
Total assets
$1.7M
Total expenses
$166k
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

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

Trustee
Board Member
Median to 75th percentile
$19k
$20k

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 3 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MW ARMISTEAD III FAMILY FOUNDATION equaled 12% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
12%
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

$143k

Itemized grants

20

Median grant

$5k

RecipientLocationPurposeAmount
ROANOKE AREA MINISTRIESROANOKE, VAOPERATIONS$35k
GOOD SAMARITAN HOSPICE INCROANOKE, VAOPERATIONS$19k
FREE CLINIC OF FRANKLIN COUNTYROCKY MOUNT, VACHARITABLE$15k
APPLE RIDGE FARMROANOKE, VAOPERATIONS$10k
BRADLEY FREE CLINICROANOKE, VAPROJECT ACCESS PROGRAM$10k
ST FRANCIS OF ASSIST SERVICE DOGROANOKE, VAOPERATIONS$8k
OAKLAND SCHOOLTROY, VASUPPORT FOR SUMMER CAMP$6k
SCRUGGS VOLUNTEER FIRE DEPARTMENTHARDY, VAOPERATIONS$5k
HABITAT FOR HUMANITY OF FRANKLIN COUNTYROCKY MOUNT, VAOPERATIONS$5k
LOA MEALS ON WHEELSROANOKE, VAOPERATIONS$5k
GOOD NEIGHBORS FUNDROANOKE, VAOPERATIONS$4k
RONALD MCDONALD HOUSE ROANOKEROANOKE, VAOPERATIONS$3k
MONETA RESCUE SQUADMONETA, VAOPERATIONS$3k
BRAIN INJURY SERVICES OF SW VAROANOKE, VASUPPORT CASE MGMT FOR$3k
RENOVATION ALLIANCEROANOKE, VAOPERATIONS$3k
FEEDING SOUTHWEST VIRGINIASALEM, VAPROVIDE FOOD ASSISTANCE$3k
SMITH MTN LAKE MARINE VOLUNTEER FIRE/RESCUEHARDY, VAOPERATIONS$2k
SOUTHWEST VIRGINIA WILDLIFE CENTERROANOKE, VAFEED AND CARE OF ANIMALS$2k
NEW FREEDOM FARMBUCHANAN, VAOPERATIONS$2k
SML GOOD NEIGHBORSMONETA, VAOPERATIONS$2k
Compare this foundation's grantees

Down 20%
from 2023

From $24k in 2023 to $19k in 2024.

$24k
2023
$19k
2024
In today's dollarsEst.
Down 22% in real terms$26k to $20k

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.

Pay for the position

Board Member pay fell 20% from 2023 to 2024, while revenue fell 44%.

$24k in 2023 to $19k in 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 ($1M - $10M), 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 MW ARMISTEAD III FAMILY FOUNDATION

What does the Board Member of MW ARMISTEAD III FAMILY FOUNDATION earn?

In 2024, the Board Member of MW ARMISTEAD III FAMILY FOUNDATION received $19,150 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Virginia, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at MW ARMISTEAD III FAMILY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Virginia, the 2024 pay of the Board Member at MW ARMISTEAD III FAMILY FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at MW ARMISTEAD III FAMILY FOUNDATION equaled 12% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MW ARMISTEAD III FAMILY FOUNDATION's revenue and expenses?

In 2024, MW ARMISTEAD III FAMILY FOUNDATION reported $125k in total revenue and $166k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.