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Filing year 2024

Polk County Community Foundation Inc

Tryon, North Carolina·EIN 51-0168751·NTEE T31Z · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$4.4M
Total assets
$65.7M
Total expenses
$3.6M
Reported officers
11
Mission

To administer funds entrusted to support charitable, cultural, educational and publicly beneficial activities in the community centered in and around Polk County, N.C. both by directly expending sums for such purposes and in cooperation with institutions qualified to carry out these objectives most efficiently. The foundation works with donors (both individuals and charitable organizations) to establish funds to benefit one or more named charities, to accomplish a certain objective (provide for cultural events, encourage the development of agriculture, provide free activities for youth, improve classroom teaching, etc.), to award scholarships to local students, and to allow the board of the Polk County Community Foundation to address the needs of the community as they change from time to time (unrestricted funds).

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

$242k
$256k
Base
$201k
Bonus
Other
Benefits

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 10 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Down 1%
from 2023

From $245k in 2023 to $242k in 2024.

$245k
2023
$242k
2024
In today's dollarsEst.
Down 4% in real terms$268k to $256k

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.

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

Revenue and expenses over time

Polk County Community Foundation Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.5M
$3.1M
2023
$4.4M
$3.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

Comparable philanthropy, voluntarism & grantmaking organizations in North Carolina pay their highest-earning executive a median of $28,832.

25th percentile
$9k
Median
$28,832
75th percentile
$78k
90th percentile
$141k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 104 organizations across 104 filings (2022 – 2023).

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