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Filing year 2024

THE HORIZON FOUNDATION INC

Grundy, Virginia·EIN 54-2043359·NTEE B82 · Education·501(c)(3)
Total revenue
$496k
Total assets
$15.2M
Total expenses
$1.4M
Reported officers
2

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 Education organizations nationwide.

Secretary
Board Secretary
Above 90th percentile
$245k
$260k

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 1 unpaid individual.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE HORIZON FOUNDATION INC equaled 17% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
17%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education 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

$942k

Itemized grants

41

Median grant

$10k

RecipientLocationPurposeAmount
BUCHANAN FIRST PRESBY CHURCHGRUNDY, VASCHOLORSHIP FUND$375k
APPALACHIAN COLLEGE OF PHARMACYOAKWOOD, VASCHOLARSHIP$48k
UNIVERSITY OF KYLEXINGTON, KYSCHOLARSHIPS$36k
APPALACHIAN TEEN CHALLANGEPRINCETON, WVUNRESTRICTED$30k
EAST TENNESSEE STATE UNIVERSITYJOHNSON CITY, TNSCHOLARSHIP$28k
BOYSGIRLS CLUB OF CENTRAL APPALACHGRUNDY, VAUNRESTRICTED$25k
GRUNDY BAPTIST CHURCHGRUNDY, VAUNRESTICTED$25k
KENTUCKY CHRISTIAN UNIVERSITYGRAYSON, KYSCHOLARSHIP$25k
VANSANT CHURCH OF CHRISTVANSANT, VAUNRESTRICTED$25k
HUB ON CAMPUS - BLACKSBURGBLACKSBURG, VASCHOLARSHIP$21k
CHRISTIANS UNITED FOR ISREALSAN ANTONIA, TXUNRESTRICTED$20k
FIRST ASSEMBLY OF GODPRINCETON, WVUNRESTRICTED$20k
INTL FELLOWSHIP OF CHRISTIANS & JEWCHICAGO, ILUNRESTRICTED$20k
SAMARITAN'S PURSEBOONE, NCUNRESTRICTED$20k
TOOKLAND PENTECOSTAL CHURCHGUNDY, VAUNRESTRICTED$20k
VA TECHBLACKSBURG, VASCHOLARSHIPS$17k
APPALCHAIN SCHOOL OF LAWGRUNDY, VASCHOLARSHIP$15k
BACK PACK BLESSINGSGRUNDY, VAUNRESTRICTED$15k
UNIVERSITY OF PIKEVILLEPIKEVILLE, KYSCHOLARSHIP$11k
GRAND CANYON UNIVERSITYPHOENIX, AZSCHOLARSHIPS$11k
MILLIGAN UNIVERSITYMILLIGEN COLLEGE, TNSCHOLARSHIP$10k
BLUEFIELD UNIVERSITYBLUEFIELD, VASCHOLARSHIPS$10k
CONCORD UNIVERSITYATHENS, WVSCHOLARSHIPS$10k
HIGHLANDS FELLOWSHIPBLUEFIELD, VAUNRESTRICTED$10k
JIMMY SWAGGART MINISTRIESBATON ROUGE, LAUNRESTRICTED$10k
Compare this foundation's grantees

Up 73%
from 2023

From $142k in 2023 to $245k in 2024.

$142k
2023
$245k
2024
In today's dollarsEst.
Up 68% in real terms$155k to $260k

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

Board Secretary pay rose 73% from 2023 to 2024, while revenue fell 59%.

$142k in 2023 to $245k 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.
Financial trend

Revenue and expenses over time

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

RevenueExpenses
$1.2M
$1.6M
2023
$496k
$1.4M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Education executives earn in Virginia

Comparable education organizations in Virginia pay their highest-earning executive a median of $84,317.

25th percentile
$42k
Median
$84,317
75th percentile
$191k
90th percentile
$356k

These are education sector-wide figures, not this organization's reported pay. Based on 773 organizations across 773 filings (2021 – 2024).

See full Education pay data for Virginia
FAQ

Common questions about THE HORIZON FOUNDATION INC

What does the Board Secretary of THE HORIZON FOUNDATION INC earn?

In 2024, the Board Secretary of THE HORIZON FOUNDATION INC received $245,000 in total compensation. This pay is in the top 10% for Board Secretary roles among Education organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Secretary pay at THE HORIZON FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2024 pay of the Board Secretary at THE HORIZON FOUNDATION INC falls in the top 10%. In 2024, the highest total compensation at THE HORIZON FOUNDATION INC equaled 17% of the organization's total expenses. The median for education organizations is 7%.

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

In 2024, THE HORIZON FOUNDATION INC reported $496k in total revenue and $1.4M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.