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Filing year 2023

THE KATHERINE AND THOMAS BELK FOUNDATION INC

Charlotte, North Carolina·EIN 56-2220828·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$16k
Total assets
$2.2M
Total expenses
$740k
Reported officers
6

Reported officers (all unpaid)

No paid executives reported in 2023. THE KATHERINE AND THOMAS BELK FOUNDATION INC reported 6 unpaid officers and board members on its 990-PF.

Vice President/director
President/director
Vice President/director
Assistant Secretary
Secretary/director
Treasurer/director

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$680k

Itemized grants

12

Median grant

$6k

RecipientLocationPurposeAmount
MYERS PARK PRESBYTERIAN CHURCHCHARLOTTE, NCANNUAL FUND$600k
CHARLOTTE MECKLENBURG DREAM CENTERCHARLOTTE, NCANNUAL FUND$20k
GOOD FELLOWSCHARLOTTE, NCANNUAL FUND$10k
DAVIDSON COLLEGEDAVIDSON, NCANNUAL FUND$10k
CHARLOTTE FAMILY HOUSINGCHARLOTTE, NCANNUAL FUND$10k
WILLIAMS YMCA OF AVERY COUNTYLINVILLE, NCANNUAL FUND$8k
BOY SCOUTS OF AMERICACHARLOTTE, NCANNUAL FUND$5k
AUGUSTINE LITERACY PROJECT - CHARLOTTECHARLOTTE, NCANNUAL FUND$5k
UNION PRESBYTERIAN SEMINARYCHARLOTTE, NCANNUAL FUND$5k
GRANDFATHER MOUNTAIN STEWARDSHIP FOUNDATIONLINVILLE, NCANNUAL FUND$3k
ST ANDREWS SCHOOLMIDDLETOWN, DEANNUAL FUND$3k
WILLIAMS COLLEGEWILLIAMSTOWN, MAANNUAL FUND$3k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

THE KATHERINE AND THOMAS BELK FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in North Carolina earns a median of $42,970.

25th percentile
$10k
Median
$42,970
75th percentile
$100k
90th percentile
$204k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 471 organizations across 471 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for North Carolina
FAQ

Common questions about THE KATHERINE AND THOMAS BELK FOUNDATION INC

What are THE KATHERINE AND THOMAS BELK FOUNDATION INC's revenue and expenses?

In 2023, THE KATHERINE AND THOMAS BELK FOUNDATION INC reported $16k in total revenue and $740k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.