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Filing year 2024

NC STATE ENGINEERING FOUNDATION INC

Raleigh, North Carolina·EIN 56-6046987·NTEE B124 · Education·501(c)(3)
Total revenue
$38.5M
Total assets
$224.9M
Total expenses
$11.6M
Reported officers
42
Mission

TO AID AND PROMOTE, BY FINANCIAL ASSISTANCE AND OTHERWISE, EDUCATIONAL, RESEARCH, AND EXTENSION IN THE COLLEGE OF ENGINEERING AT NORTH CAROLINA STATE UNIVERSITY

Executive compensation

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in North Carolina.

Treasurer
Officer (Unspecified)
$79k
$84k
Staff
Highest Compensated Employee
Below 10th percentile
$57k
$60k
Assistant Treasurer
25th percentile to median
$56k
$59k
Staff
Highest Compensated Employee
Below 10th percentile
$48k
$51k
President
10th to 25th percentile
$40k
$42k
Secretary
Secretary (Operational)
25th percentile to medianvs Education peers nationwide
$26k
$27k

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 36 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NC STATE ENGINEERING FOUNDATION INC equaled 0.7% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
0.7%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

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

Up 4%
from 2023

From $77k in 2023 to $79k in 2024.

$77k
2023
$79k
2024
In today's dollarsEst.
Up 1% in real terms$84k to $84k

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

Chief Financial Officer pay fell 27% from 2023 to 2024, while revenue rose 180%.

$77k in 2023 to $56k 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about NC STATE ENGINEERING FOUNDATION INC

What does the Highest Compensated Employee of NC STATE ENGINEERING FOUNDATION INC earn?

In 2024, the Highest Compensated Employee of NC STATE ENGINEERING FOUNDATION INC received $56,517 in total compensation. This pay is in the bottom 10% for Highest Compensated Employee roles among Education organizations in North Carolina: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at NC STATE ENGINEERING FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations in North Carolina, the 2024 pay of the Highest Compensated Employee at NC STATE ENGINEERING FOUNDATION INC falls in the bottom 10%. In 2024, the highest total compensation at NC STATE ENGINEERING FOUNDATION INC equaled 0.7% of the organization's total expenses. The median for education organizations is 7%.

What are NC STATE ENGINEERING FOUNDATION INC's revenue and expenses?

In 2024, NC STATE ENGINEERING FOUNDATION INC reported $38.5M in total revenue and $11.6M in total expenses on its IRS Form 990.

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