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Filing year 2023

THE MCMICHAEL FAMILY FOUNDATION

Madison, North Carolina·EIN 56-1774976·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$2.7M
Total assets
$43.6M
Total expenses
$3.9M
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

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

Secretary/ju
Board Secretary
Median to 75th percentile
$11k
$12k

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 5 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE MCMICHAEL FAMILY FOUNDATION equaled 0.3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
0.3%
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 2023 Form 990-PF, Part XV.

Total granted

$3.1M

Itemized grants

8

Median grant

$205k

RecipientLocationPurposeAmount
GRANTS UNDER 100000 AVAILABLE UPON REQUESTMADISON, NCVARIOUS-DETAILS UPON REQUEST$1.6M
UNIVERSITY OF GEORGIAATHENS, GAGODFREY DEPT OF ECONOMICS$427k
ELON UNIVERSITYELON, NCGENERAL PURPOSE$220k
HIGH POINT REGIONAL HEALTH SYSTEMHIGH POINT, NCGENERAL PURPOSE$209k
NC STATE UNIVERSITYRALEIGH, NCENDOWED SCHOLARSHIP$200k
PROJECT LIBERIACINCINNATI, OHGENERAL PURPOSE$200k
NATIONAL CHRISTIAN FOUNDATION KYLEXINGTON, KYGENERAL PURPOSE$155k
MENINAK CLUB FOUNDATIONJACKSONVILLE, FLGENERAL PURPOSE$103k
Compare this foundation's grantees

Down 17%
from 2022

From $13k in 2022 to $11k in 2023.

$13k
2022
$11k
2023
In today's dollarsEst.
Down 20% in real terms$15k to $12k

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 fell 17% from 2022 to 2023, while revenue fell 19%.

$13k in 2022 to $11k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 ($25M - $50M), 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 MCMICHAEL FAMILY FOUNDATION

What does the Board Secretary of THE MCMICHAEL FAMILY FOUNDATION earn?

In 2023, the Board Secretary of THE MCMICHAEL FAMILY FOUNDATION received $10,839 in total compensation. This pay is above the median (the midpoint) for Board Secretary roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Secretary pay at THE MCMICHAEL FAMILY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2023 pay of the Board Secretary at THE MCMICHAEL FAMILY FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at THE MCMICHAEL FAMILY FOUNDATION equaled 0.3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE MCMICHAEL FAMILY FOUNDATION's revenue and expenses?

In 2023, THE MCMICHAEL FAMILY FOUNDATION reported $2.7M in total revenue and $3.9M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.