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Filing year 2023

Research Triangle Foundation of NC

Research Triangle Park, North Carolina·EIN 56-0853674·4
Total revenue
$16.7M
Total assets
$216.6M
Total expenses
$23.5M
Reported officers
26
Mission

TO PROMOTE UNIVERSITY, ACADEMIC, INDUSTRY AND GOVERNMENT COLLABORATIONS LEADING TO THE ESTABLISHMENT AND MAINTENANCE OF RESEARCH, SCIENTIFIC AND TECHNOLOGY-BASED FACILITIES WITHIN THE RESEARCH TRIANGLE AND NORTH CAROLINA, CREATING QUALITY JOBS AND OPPORTUNITIES FOR ITS CITIZENS.

Executive compensation, broken down

Form 990 · Schedule J · 9 reported individuals · Filing year 2023

$682k
$745k
Base
$493k
Bonus
$102k
Other
$12k
Benefits
$14k
EVP & COO (thru 4/15/2024)
$506k
$552k
Base
$352k
Bonus
$81k
Other
$12k
Benefits
$15k
VP Real Estate
vice president
$272k
$297k
Base
$200k
Bonus
$30k
Other
$12k
Benefits
$7k
VP Finance & Administration
vice president
$238k
$260k
Base
$169k
Bonus
$25k
Other
Benefits
$23k
Senior Director Placemaking
highest compensated employee
$162k
$177k
Base
$111k
Bonus
$14k
Other
Benefits
$23k
Accounting Manager
highest compensated employee
$142k
$155k
VP Planning & Public Policy
vice president
$138k
$151k
Director of IT
chief information officer
$126k
$138k
Former Officer
former officer/director/trustee
$117k
$128k
Base
$77k
Bonus
Other
$25k
Benefits
$7k

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 17 unpaid individuals.

Down 3%
from 2022

From $707k in 2022 to $682k in 2023.

$707k
2022
$682k
2023
In today's dollarsEst.
Down 8% in real terms$806k to $745k

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

Research Triangle Foundation of NC reported revenue and expenses across 2 filing years.

RevenueExpenses
$31.8M
$21.8M
2022
$16.7M
$23.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
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