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Filing year 2024

Polk County Community Foundation Inc

Tryon, North Carolina·EIN 51-0168751·NTEE T31Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(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 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

President & CEO
75th to 90th percentile
$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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Polk County Community Foundation Inc equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
7%
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.

Funded by

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

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.

Pay for the position

Chief Executive Officer pay fell 1% from 2023 to 2024, while revenue rose 71%.

$245k in 2023 to $242k 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 Polk County Community Foundation Inc

What does the Chief Executive Officer of Polk County Community Foundation Inc earn?

In 2024, the Chief Executive Officer of Polk County Community Foundation Inc received $241,500 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in North Carolina, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Polk County Community Foundation Inc compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in North Carolina, the 2024 pay of the Chief Executive Officer at Polk County Community Foundation Inc falls between the 75th and 90th percentiles. In 2024, the highest total compensation at Polk County Community Foundation Inc equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Polk County Community Foundation Inc's revenue and expenses?

In 2024, Polk County Community Foundation Inc reported $4.4M in total revenue and $3.6M in total expenses on its IRS Form 990.

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