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Filing year 2024

THE MARY MORTON PARSONS FOUNDATION

Richmond, Virginia·EIN 54-1530891·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$14.2M
Total assets
$137.6M
Total expenses
$10.8M
Reported officers
5

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 Philanthropy, Voluntarism & Grantmaking organizations in Virginia.

Executive Director
25th percentile to median
$93k
$99k

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 4 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE MARY MORTON PARSONS FOUNDATION equaled 0.9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.9%
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

$9.5M

Itemized grants

71

Median grant

$50k

RecipientLocationPurposeAmount
VIRGINIA MUSEUM OF FINE ARTSRICHMOND, VASUPPORT CAPITAL CAMPAIGN WITH FOCUS ON RENOVATION OF THE LESLIE CHEEK THEATER$1M
VPM PUBLIC MEDIARICHMOND, VABUILD A NEW HEADQUARTERS IN DOWNTOWN RICHMOND$750k
CROSS-OVER MINISTRYRICHMOND, VAPURCHASE AND RENOVATE HENRICO CLINIC BUILDING AND RENOVATE RICHMOND CLINIC BUILDING$605k
BETTER HOUSING COALITIONRICHMOND, VASUPPORT THE COLBROOK DEVELOPMENT$500k
LIBERATION VETERAN SERVICES INCRICHMOND, VASUPPORT CONSTRUCTION OF PHASE I OF VETERANS VILLAGE, A NEW 38-UNIT MICRO-APARTMENT BUILDING$500k
RONALD MCDONALD HOUSE CHARITIES OF RICHMONDRICHMOND, VASUPPORT THE CONSTRUCTION OF THE RONALD MCDONALD HOUSE AT VCU CHILDREN'S TOWER AND THE NEW GUESTROOM RONALD MCDONAL HOUSE IN RICHMOND$500k
VIRGINIA REPERTORY THEATRERICHMOND, VASUPPORT THE GREAT STAGES CAMPAIGN AND CAPITAL PROJECTS$500k
CARITASRICHMOND, VASUPPORT DINWIDDIE AVENUE MEN'S CAMPUS RENOVATION PROJECT$365k
COLONIAL WILLIAMSBURG FOUNDATIONWILLIAMSBURG, VARESTORE THE POWDER MAGAZINE$320k
HAMPDEN-SYDNEY COLLEGEHAMPDENSYDNEY, VACOMPLETE A COMPREHENSIVE HISTORIC RENOVATION OF VENABLE HALL$300k
VIRGINIA TECH FOUNDATION INCBLACKSBURG, VASUPPORT THE RENOVATION, UPGRADES, AND IMPROVEMENTS TO WAR MEMORIAL HALL$300k
BRIDGEWATER COLLEGEBRIDGEWATER, VASUPPORT RENOVATIONS TO BOWMAN HALL$250k
PCS FOR PEOPLEST PAUL, MNEXPAND DIGITAL INCLUSION PROGRAM TO RICHMOND-HAMPTON ROADS REGION$250k
RANDOLPH COLLEGELYNCHBURG, VASUPPORT THE SCIENCE MATTERS CAMPAIGN$250k
VERITAS SCHOOLRICHMOND, VASUPPORT CAMPUS EXPANSION CAMPAIGN$250k
VIRGINIA MUSEUM OF HISTORY & CULTURERICHMOND, VASUPPORT 250TH INITIATIVE$250k
AUTISM PROGRAM OF VA INC - COMMONWEALTH AUTISMRICHMOND, VABUILD AN AUTISM WORKFORCE EDUCATIONAL FACILITY$150k
FRIENDS OF HOLLYWOOD CEMETERYRICHMOND, VASUPPORT RESTORATION OF LONG BOTTOM AND RESTORATION OF HISTORIC IRON FENCES$150k
NATIONAL D-DAY MEMORIAL FOUNDATION LTDBEDFORD, VASUPPORT CAPITAL CAMPAIGN FOR A WALKING TRAIL, A WWII "MOTOR POOL" BUILDING, A MULTI-USE OUTDOOR AMPHITHEATER AND EDUCATION CENTER AND MUSEUM$150k
SPORTS BACKERSRICHMOND, VASUPPORT THE ACTIVE LIVING HUB$150k
THE FAISON CENTERRICHMOND, VAREFRESH INTERIOR AND EXTERIOR OF THE FAISON RESIDENCE$125k
BOYS HOME OF VIRGINIAHENRICO, VASUPPORT CRITICAL CAPITAL IMPROVEMENTS$120k
STRATFORD HALLSTRATFORD, VASUPPORT THE SEMIQUINCENTENNIAL ROOF RESTORATION PROJECT$105k
CHILD DEVELOPMENT RESOURCES INCNORGE, VASUPPORT FACILITY RENOVATIONS$100k
HABITAT FOR HUMANITY-POWHATANPOWHATAN, VADEVELOP A CONSERVATION SUBDIVISION AND PURCHASE THE BUILDING AND LAND THAT HOUSES THE RESTORE AND OFFICES$100k
Compare this foundation's grantees

Up 4%
from 2023

From $90k in 2023 to $93k in 2024.

$90k
2023
$93k
2024
In today's dollarsEst.
Up 1% in real terms$98k to $99k

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 4% from 2023 to 2024, while revenue rose 57%.

$90k in 2023 to $93k 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.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), 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 MARY MORTON PARSONS FOUNDATION

What does the Chief Executive Officer of THE MARY MORTON PARSONS FOUNDATION earn?

In 2024, the Chief Executive Officer of THE MARY MORTON PARSONS FOUNDATION received $93,312 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Virginia, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE MARY MORTON PARSONS FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Virginia, the 2024 pay of the Chief Executive Officer at THE MARY MORTON PARSONS FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at THE MARY MORTON PARSONS FOUNDATION equaled 0.9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE MARY MORTON PARSONS FOUNDATION's revenue and expenses?

In 2024, THE MARY MORTON PARSONS FOUNDATION reported $14.2M in total revenue and $10.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.