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Filing year 2024

THE JIM AND BETTY YOUNG FAMILY FOUNDATION INC

Charlotte, North Carolina·EIN 20-1819749·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$60k
Total assets
$460k
Total expenses
$56k
Reported officers
7

Executive compensation

Form 990-PF · Part VIII · 7 reported individuals · Filing year 2024

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

Secretary
Board Secretary
10th to 25th percentile
$3k
$3k
Director
Unclassified
$3k
$3k
Director
Unclassified
$3k
$3k
Community Li
Unclassified
$3k
$3k
Director
Unclassified
$3k
$3k
President
Board President
10th to 25th percentilevs Philanthropy, Voluntarism & Grantmaking peers in North Carolina
$3k
$3k
Treasurer
Board Treasurer
10th to 25th percentile
$3k
$3k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE JIM AND BETTY YOUNG FAMILY FOUNDATION 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

$31k

Itemized grants

4

Median grant

$9k

RecipientLocationPurposeAmount
SOUTH MAIN & MERCY CENTERANDERSON, SCOPERATIONS$10k
ANDERSON INTERFAITH MINISTRIESANDERSON, SCOPERATIONS$10k
MEALS ON WHEELSANDERSON, SCOPERATIONS$8k
THE LOT PROJECT INCANDERSON, SCOPERATIONS$3k
Compare this foundation's grantees
Pay for the position

Board Secretary pay rose 46% from 2023 to 2024, while revenue rose 48%.

$2k in 2023 to $3k in 2024.
  • Board President pay rose 46% from 2023 to 2024.
  • Board Treasurer pay rose 46% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), 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 JIM AND BETTY YOUNG FAMILY FOUNDATION INC

What does the Board Secretary of THE JIM AND BETTY YOUNG FAMILY FOUNDATION INC earn?

In 2024, the Board Secretary of THE JIM AND BETTY YOUNG FAMILY FOUNDATION INC received $2,929 in total compensation. This pay is in the bottom quarter for Board Secretary roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Secretary pay at THE JIM AND BETTY YOUNG FAMILY FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board Secretary at THE JIM AND BETTY YOUNG FAMILY FOUNDATION INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at THE JIM AND BETTY YOUNG FAMILY FOUNDATION INC equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE JIM AND BETTY YOUNG FAMILY FOUNDATION INC's revenue and expenses?

In 2024, THE JIM AND BETTY YOUNG FAMILY FOUNDATION INC reported $60k in total revenue and $56k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.