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Filing year 2023

THE EDUCATIONAL FOUNDATION INC

Chapel Hill, North Carolina·EIN 56-6058412·501(c)(3)
Total revenue
$76.5M
Total assets
$223.1M
Total expenses
$64.6M
Reported officers
37

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
Above 90th percentile
$685k
$748k
Base
$543k
Bonus
$87k
Other
$20k
Benefits
$16k
Sr Assoc Exec Dir Lead Gif
Officer (Unspecified)
$358k
$391k
Base
$275k
Bonus
$41k
Other
$6k
Benefits
$16k
CFO & General Counsel
Above 90th percentile
$295k
$322k
Base
$222k
Bonus
$30k
Other
$11k
Benefits
$16k
Chief Revenue Officer
Highest Compensated Employee
75th to 90th percentile
$292k
$319k
Base
$228k
Bonus
$28k
Other
$6k
Benefits
$12k
Chief Strategy & Comms Off
Officer (Unspecified)
$270k
$295k
Base
$206k
Bonus
$28k
Other
$6k
Benefits
$13k
Senior Director of Major G
Highest Compensated Employee
75th to 90th percentile
$238k
$260k
Base
$178k
Bonus
$22k
Other
$9k
Benefits
$16k
Senior Dir of Principal Gifts
Highest Compensated Employee
Median to 75th percentile
$230k
$252k
Base
$186k
Bonus
$23k
Other
$6k
Benefits
$592
Major Gifts Director
Highest Compensated Employee
Median to 75th percentile
$214k
$234k
Base
$166k
Bonus
$21k
Other
$3k
Benefits
$11k
Senior Philanthropy Officer
Highest Compensated Employee
Median to 75th percentile
$209k
$228k
Base
$158k
Bonus
$28k
Other
$4k
Benefits
$7k
Senior Director of Finance
Median to 75th percentile
$141k
$154k

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 27 unpaid individuals.

Funded by

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

Up 7%
from 2022

From $641k in 2022 to $685k in 2023.

$641k
2022
$685k
2023
In today's dollarsEst.
Up 2% in real terms$732k to $748k

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 7% from 2022 to 2023, while revenue fell 7%.

$641k in 2022 to $685k in 2023.
  • Chief Financial Officer pay held roughly steady from 2022 to 2023.
  • Highest Compensated Employee pay rose 36% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE EDUCATIONAL FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$81.8M
$78.8M
2022
$76.5M
$64.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE EDUCATIONAL FOUNDATION INC

What does the Chief Executive Officer of THE EDUCATIONAL FOUNDATION INC earn?

In 2023, the Chief Executive Officer of THE EDUCATIONAL FOUNDATION INC received $685,350 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE EDUCATIONAL FOUNDATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at THE EDUCATIONAL FOUNDATION INC falls in the top 10%.

What are THE EDUCATIONAL FOUNDATION INC's revenue and expenses?

In 2023, THE EDUCATIONAL FOUNDATION INC reported $76.5M in total revenue and $64.6M in total expenses on its IRS Form 990.

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