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Filing year 2024

SELBY AND RICHARD MCRAE FOUNDATION

Jackson, Mississippi·EIN 64-6026795·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$1.9M
Total assets
$36.3M
Total expenses
$2.9M
Reported officers
4

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 nationwide.

Executive Director
25th percentile to median
$52k
$55k

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 3 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 SELBY AND RICHARD MCRAE FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
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

$2.4M

Itemized grants

44

Median grant

$25k

RecipientLocationPurposeAmount
MISSISSIPPI'S TOUGHEST KIDS FOUNDATIONCRYSTAL SPRINGS, MSCAMP KAMASSA ACTIVITY CENTER, SIDEWALKS, & FAMILY CABIN$310k
ST ANDREW'S EPISCOPAL SCHOOLRIDGELAND, MSCHAPEL, CLASSROOM, & LOWER SCHOOL CONSTRUCTION$275k
JACKSON PREPARATORY SCHOOLFLOWOOD, MSCAPITAL CAMPAIGN$200k
UNIVERSITY OF NORTH CAROLINA ASHEVILLE FOUNDATION INCASHEVILLE, NCSTUDENT SCHOLARSHIPS & ATHLETIC ENHANCEMENTS$200k
AMERICAN RED CROSSJACKSON, MSDISASTER RELIEF HURRICAN HELENE WESTERN NORTH CAROLINA$190k
MISSISSIPPI CENTER FOR JUSTICEJACKSON, MSPROVIDE LEGAL SERVICES FOR LOW-INCOME PEOPLE OF MISSISSIPPI$125k
GALLOWAY UNITED METHODIST CHURCHJACKSON, MSGENERAL CHURCH BUDGET$104k
FRANKLIN ROAD ACADEMYNASHVILLE, TNCAPITAL CAMPAIGN$100k
STEWPOT COMMUNITY SERVICESJACKSON, MSASSISTANCE TO HOMELESS PEOPLES$80k
MISSISSIPPI SYMPHONY ORCHESTRAJACKSON, MSCONCERT SPONSORSHIP$60k
MISSISSIPPI MUSEUM OF ARTJACKSON, MSEXHIBIT SPONSORSHIP$50k
PISGAH LEGAL SERVICESASHEVILLE, NCPROVIDE LEGAL SERVICES FOR LOW INCOME PEOPLE OF NC$50k
WILSON RESEARCH FOUNDATIONJACKSON, MSNEW EQUIPMENT$50k
YMCA OF WESTERN NORTH CAROLINAASHEVILLE, NCCAMP WATIA$50k
CHURCH OF ST MICHAEL AND ST GEORGEST LOUIS, MOPLAYGROUND CONSTRUCTION$50k
COMMUNITY FOUNDATION OF WESTERN NCASHEVILLE, NCDISASTER RESPONSE HURRICANE HELENE$50k
WE WILL GO MINISTRIESJACKSON, MSLITERACY EXPANSION PROJECT$48k
COMMUNITY FOUNDATION OF MISSISSIPPIJACKSON, MSMS BOOK FESTIVAL$40k
MISSISSIPPI STATE MEDICAL ASSOCIATION FOUNDATIONRIDGELAND, MSUNIV OF MS MEDICAL SCHOOL RURAL PHYSICIANS SCHOLARSHIP$35k
BADDOUR CENTERSENATOBIA, MSTRIP SPONSORSHIP FOR MENTALLY CHALLENGED ADULTS$28k
CAMP TWIN LAKES INCATLANTA, GACAMP SPONSORSHIP FOR MENTALLY CHALLENGED CHILDREN$25k
HABITAT FOR HUMANITY OF MISSISSIPPIJACKSON, MSSURPLUS STORE$25k
VERNER CENTER FOR EARLY LEARNINGASHEVILLE, NCGENERAL FUND$25k
EASTMAN MEMORIAL FOUNDATIONMERIDIAN, MSLAUREN ROGERS MUSEUM OF ART SPEAKER SERIES$25k
FIRST ROBOTICS - LOUISIANA MISSISSIPPIMETAIRIE, LAROBOTICS TEAM SUPPORT AND EVENT SPONSORSHIP$25k
Compare this foundation's grantees

Fell 20%
over 2 years

From $65k in 2022 to $52k in 2024.

$65k
2022
$47k
2023
$52k
2024
In today's dollarsEst.
Down 26% in real terms$74k to $55k

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 20% from 2022 to 2024, while revenue fell 40%.

$65k in 2022 to $52k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 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 ($25M - $50M), 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 SELBY AND RICHARD MCRAE FOUNDATION

What does the Chief Executive Officer of SELBY AND RICHARD MCRAE FOUNDATION earn?

In 2024, the Chief Executive Officer of SELBY AND RICHARD MCRAE FOUNDATION received $51,797 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SELBY AND RICHARD MCRAE FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Chief Executive Officer at SELBY AND RICHARD MCRAE FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at SELBY AND RICHARD MCRAE FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are SELBY AND RICHARD MCRAE FOUNDATION's revenue and expenses?

In 2024, SELBY AND RICHARD MCRAE FOUNDATION reported $1.9M in total revenue and $2.9M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.