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Filing year 2024

THE DAN AND MARGARET MADDOX FUND INC

Nashville, Tennessee·EIN 23-7017790·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$5.7M
Total assets
$45.9M
Total expenses
$3.3M
Reported officers
16

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

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

Executive Director
Median to 75th percentile
$171k
$182k
Progam Officer
Unclassified
$107k
$114k

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 14 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 THE DAN AND MARGARET MADDOX FUND INC equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
5%
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

$1.9M

Itemized grants

81

Median grant

$20k

RecipientLocationPurposeAmount
ASSOCIATION OF BLACK FOUNDATION EXECUTIVESNEW YORK, NYTO PROVIDE OPERATING SUPPORT$3k

Up 6%
from 2023

From $161k in 2023 to $171k in 2024.

$161k
2023
$171k
2024
In today's dollarsEst.
Up 3% in real terms$176k to $182k

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 rose 6% from 2023 to 2024, while revenue fell 9%.

$161k in 2023 to $171k 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 ($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 THE DAN AND MARGARET MADDOX FUND INC

What does the Chief Executive Officer of THE DAN AND MARGARET MADDOX FUND INC earn?

In 2024, the Chief Executive Officer of THE DAN AND MARGARET MADDOX FUND INC received $171,160 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Tennessee, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE DAN AND MARGARET MADDOX FUND INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Tennessee, the 2024 pay of the Chief Executive Officer at THE DAN AND MARGARET MADDOX FUND INC falls between the median and the 75th percentile. In 2024, the highest total compensation at THE DAN AND MARGARET MADDOX FUND INC equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE DAN AND MARGARET MADDOX FUND INC's revenue and expenses?

In 2024, THE DAN AND MARGARET MADDOX FUND INC reported $5.7M in total revenue and $3.3M 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.