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Filing year 2024

THE MONFORD D AND LUCY L CUSTER FOUNDATION

Leland, North Carolina·EIN 54-1839172·NTEE T70Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$167k
Total assets
$1.7M
Total expenses
$126k
Reported officers
6

Reported officers (all unpaid)

No paid executives reported in 2024. THE MONFORD D AND LUCY L CUSTER FOUNDATION reported 6 unpaid officers and board members on its 990-PF.

President Emeritus
Vp/treas/dir
Vp/director
Vp/director
Pres/dir
Director

Grants paid

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

Total granted

$97k

Itemized grants

8

Median grant

$10k

RecipientLocationPurposeAmount
UNITED WAY OF ROANOKEROANOKE, VAGENERAL SUPPORT$35k
HOPE HOUSELIBERTY HILL, TXGENERAL SUPPORT$12k
TIMBER RIDGE SCHOOLCROSS JUNCTION, VAGENERAL SUPPORT$12k
ARTS SOUTHEASTSAVANNAH, GAGENERAL SUPPORT$11k
FREEMONT STREET NURSERY INCWINCHESTER, VAGENERAL SUPPORT$9k
LAUREL RIDGE CC EDUCATIONALMIDDLETOWN, VAGENERAL SUPPORT$8k
TEMPLE CHILDREN'S MUSEUMTEMPLE, TXGENERAL SUPPORT$5k
NEW HOPE CLINICSOUTHPORT, NCGENERAL SUPPORT$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE MONFORD D AND LUCY L CUSTER FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$134k
$123k
2023
$167k
$126k
2024
Total revenue and total expenses from IRS Form 990 filings.

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 MONFORD D AND LUCY L CUSTER 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 MONFORD D AND LUCY L CUSTER FOUNDATION

What are THE MONFORD D AND LUCY L CUSTER FOUNDATION's revenue and expenses?

In 2024, THE MONFORD D AND LUCY L CUSTER FOUNDATION reported $167k in total revenue and $126k 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.