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Filing year 2023

THE EDUCATIONAL FOUNDATION INC

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

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2023

Executive Director
$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
$295k
$322k
Base
$222k
Bonus
$30k
Other
$11k
Benefits
$16k
Chief Revenue Officer
highest compensated employee
$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
$238k
$260k
Base
$178k
Bonus
$22k
Other
$9k
Benefits
$16k
Senior Dir of Principal Gifts
highest compensated employee
$230k
$252k
Base
$186k
Bonus
$23k
Other
$6k
Benefits
$592
Major Gifts Director
highest compensated employee
$214k
$234k
Base
$166k
Bonus
$21k
Other
$3k
Benefits
$11k
Senior Philanthropy Officer
highest compensated employee
$209k
$228k
Base
$158k
Bonus
$28k
Other
$4k
Benefits
$7k
Senior Director of Finance
$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.

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.

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.
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