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Filing year 2024

THE MCRAE FOUNDATION

Kinston, North Carolina·EIN 56-2274002·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$3k
Total assets
$114k
Total expenses
$7k
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. THE MCRAE FOUNDATION reported 5 unpaid officers and board members on its 990-PF.

Pres./direct
Director
Vice Pres
Vice Pres.
Secretary

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$6k

Itemized grants

4

Median grant

$1k

RecipientLocationPurposeAmount
EAST CAROLINA COUNCIL BOY SCOUTS OF AMERICAKINSTON, NCYOUTH PROGRAMS$2k
BOYS & GIRLS CLUB OF COASTAL PLAINWINTERVILLE, NCYOUTH PROGRAMS$2k
COMMUNITY COUNCIL FOR THE ARTSKINSTON, NCARTS AND EDUCATION$1k
MARY'S KITCHEN INCKINSTON, NCFIGHT HUNGER$1k
Financial trend

Revenue and expenses over time

THE MCRAE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$3k
$7k
2023
$3k
$7k
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

THE MCRAE FOUNDATION 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 MCRAE FOUNDATION

What are THE MCRAE FOUNDATION's revenue and expenses?

In 2024, THE MCRAE FOUNDATION reported $3k in total revenue and $7k 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.