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Filing year 2024

RIVES C MINOR AND ASALIE M PRESTON EDUCATIONAL FUND INC

Charlottesville, Virginia·EIN 52-1279007·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$8k
Total assets
$39k
Total expenses
$32k
Reported officers
5

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

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

Executive Director
Below 10th percentile
$17k
$18k

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 4 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 RIVES C MINOR AND ASALIE M PRESTON EDUCATIONAL FUND INC equaled 51% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
51%
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.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$10k

Itemized grants

7

Median grant

$2k

Down 33%
from 2023

From $25k in 2023 to $17k in 2024.

$25k
2023
$17k
2024
In today's dollarsEst.
Down 35% in real terms$27k to $18k

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 33% from 2023 to 2024, while revenue fell 58%.

$25k in 2023 to $17k 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.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Among peers

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

FAQ

Common questions about RIVES C MINOR AND ASALIE M PRESTON EDUCATIONAL FUND INC

What does the Chief Executive Officer of RIVES C MINOR AND ASALIE M PRESTON EDUCATIONAL FUND INC earn?

In 2024, the Chief Executive Officer of RIVES C MINOR AND ASALIE M PRESTON EDUCATIONAL FUND INC received $16,607 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Virginia: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at RIVES C MINOR AND ASALIE M PRESTON EDUCATIONAL FUND INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Virginia, the 2024 pay of the Chief Executive Officer at RIVES C MINOR AND ASALIE M PRESTON EDUCATIONAL FUND INC falls in the bottom 10%. In 2024, the highest total compensation at RIVES C MINOR AND ASALIE M PRESTON EDUCATIONAL FUND INC equaled 51% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are RIVES C MINOR AND ASALIE M PRESTON EDUCATIONAL FUND INC's revenue and expenses?

In 2024, RIVES C MINOR AND ASALIE M PRESTON EDUCATIONAL FUND INC reported $8k in total revenue and $32k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.