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Filing year 2024

SchermCo Foundation

Charlotte, North Carolina·EIN 85-3967606·NTEE B02 · Education·501(c)(3)
Total revenue
$350k
Total assets
$321k
Total expenses
$312k
Reported officers
4
Mission

The organization was formed to further invest and support equity in education.

Reported officers (all unpaid)

No paid executives reported in 2024. SchermCo Foundation reported 4 unpaid officers and board members on its 990.

Board Chair
Secretary
Treasurer
Director

Funded by

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

Financial trend

Revenue and expenses over time

SchermCo Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$246k
$160k
2023
$350k
$312k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in North Carolina

SchermCo Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable education organization in North Carolina earns a median of $87,501.

25th percentile
$44k
Median
$87,501
75th percentile
$137k
90th percentile
$250k

These are education sector-wide figures, not this organization's reported pay. Based on 873 organizations across 873 filings (2021 – 2024).

See full Education pay data for North Carolina
FAQ

Common questions about SchermCo Foundation

What are SchermCo Foundation's revenue and expenses?

In 2024, SchermCo Foundation reported $350k in total revenue and $312k in total expenses on its IRS Form 990.

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