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Filing year 2023

PENCIL FOUNDATION

Nashville, Tennessee·EIN 58-1475675·NTEE B900 · Education·501(c)(3)
Total revenue
$12.6M
Total assets
$8.5M
Total expenses
$12.7M
Reported officers
59
Mission

PENCIL'S MISSION IS LINKING COMMUNITY RESOURCES TO METRO NASHVILLE PUBLIC SCHOOLS (MNPS) TO HELP YOUNG PEOPLE ACHIEVE ACADEMIC SUCCESS AND PREPARE FOR LIFE. AT PENCIL, WE ARE COMMITTED TO ENRICHING STUDENT SUCCESS THROUGH TANGIBLE, ACTIVE, AND ROBUST COMMUNITY PARNERSHIPS, MOST NOTABLY AS PENCIL PARTNERS. OUR PENCIL 2025 STRATEGIC PLAN IDENTIFIES ACTIVITIES BASED ON URGENT MNPS STUDENT AND EDUCATOR NEEDS, ENSURING WE WILL CONTINUE DEEPENING OUR SUPPORT TO NASHVILLE PUBLIC SCHOOLS. THIS WORK INCLUDES IMPROVING EDUCATOR ACCESS TO CRUCIAL CLASSROOM SUPPLIES; RECRUITING VOLUNTEERS TO SUPPORT SCHOOLS' STUDENT CELEBRATION, TEACHER APPRECIATION, AND FAMILY ENGAGEMENT ACTIVITIES; FACILITATING OUTSIDE GRANTS TO MNPS THAT SUPPORT THEIR STRATEGIC INITIATIVES (INCLUDING HIGH-IMPACT LITERACY TUTORING FOR STUDENTS IN GRADES 1-3); AND ELIMINATING GEOGRAPHIC AND SCHEDULING BARRIERS TO MENTORSHIP SUCCESS. IN FY24, PENCIL SECURED 27, 204 VOLUNTEER SERVICE HOURS IN SUPPORT OF SCHOOLS, VALUED AT $1.14M.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

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

President/ceo (partial Year)
75th to 90th percentile
$235k
$256k
Base
$220k
Bonus
Other
Benefits
$8k
Chief Partnerships & Programs Officer
Chief Program Officer
10th to 25th percentilevs Education peers nationwide
$113k
$123k
Chief Philanthropy Officer
Highest Compensated Employee
10th to 25th percentile
$111k
$121k
Chief Administrative Officer
Officer (Unspecified)
$103k
$112k

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 55 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at PENCIL FOUNDATION equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
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.

Among peers

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

FAQ

Common questions about PENCIL FOUNDATION

What does the Chief Executive Officer of PENCIL FOUNDATION earn?

In 2023, the Chief Executive Officer of PENCIL FOUNDATION received $234,527 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Tennessee, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PENCIL FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Tennessee, the 2023 pay of the Chief Executive Officer at PENCIL FOUNDATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at PENCIL FOUNDATION equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are PENCIL FOUNDATION's revenue and expenses?

In 2023, PENCIL FOUNDATION reported $12.6M in total revenue and $12.7M in total expenses on its IRS Form 990.

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