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Filing year 2024

Petty Family Foundation Inc

Randleman, North Carolina·EIN 80-0483917·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$419k
Total assets
$237k
Total expenses
$390k
Reported officers
7
Mission

The Petty Foundation has a strong belief in family values, integrity, education and compassion for others. It is these ideals upon which we build our foundation, giving back to our community and those in need. We aspire to enrich the lives of families affected by serious illness and injury through a variety of charitable events and educational programs. With the help of others, the Petty Family Foundation will build stronger communities as well as bring joy to the lives of those in need.The Foundation's charitable focus is to raise funds primarily for the Victory Junction Gang Camp and Paralyzed Veterans of America and other public charities. The Foundation's fundraising endeavors include the Richard Petty Charity Golf Classic and charity auctions. Through our efforts, the Foundation intends to raise funds to be distributed to Victory Junction to maintain and improve housing facilities and provide new programming for the terminally ill junior campers at Victory Junction. Proceeds will

Reported officers (all unpaid)

No paid executives reported in 2024. Petty Family Foundation Inc reported 7 unpaid officers and board members on its 990.

Prog Director
Pres/sec/ed
Director
Director
Director
CFO
Treasurer
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Petty Family Foundation Inc equaled 18% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 8%.

This organization (2023)
18%
Sector median
8%
Middle half of sector
3% to 18%

Based on 5,862 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Financial trend

Revenue and expenses over time

Petty Family Foundation Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$324k
$299k
2023
$419k
$390k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

Petty Family Foundation Inc reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in North Carolina earns a median of $55,170.

25th percentile
$15k
Median
$55,170
75th percentile
$108k
90th percentile
$204k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 346 organizations across 346 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for North Carolina

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FAQ

Common questions about Petty Family Foundation Inc

What are Petty Family Foundation Inc's revenue and expenses?

In 2024, Petty Family Foundation Inc reported $419k in total revenue and $390k in total expenses on its IRS Form 990.

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