Executive compensation
Form 990-PF · Part VIII · 12 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in North Carolina.
| Position | Total |
|---|---|
President Board President Above 90th percentilevs Education peers nationwide | $499k $545k |
Treasurer Board Treasurer Above 90th percentilevs Education peers nationwide | $234k $256k |
Vice President Board Vice President Median to 75th percentilevs Education peers nationwide | $234k $256k |
Director of Development Median to 75th percentilevs Education peers nationwide | $199k $217k |
Vice President of Community Board Vice President 10th to 25th percentilevs Education peers nationwide | $113k $123k |
Chairman/trustee Unclassified | $5k $6k |
Trustee Board Member Below 10th percentile | $3k $3k |
Trustee Board Member Below 10th percentile | $3k $3k |
Trustee Board Member Below 10th percentile | $3k $3k |
Trustee Board Member Below 10th percentile | $3k $3k |
Vice Chairman/trustee Unclassified | $3k $3k |
Trustee Board Member Below 10th percentile | $3k $3k |
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 1 unpaid individual.
Top pay as a share of expenses
In 2023, the highest total compensation at THE MOREHEAD-CAIN FOUNDATION equaled 3% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education 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
$13.8M
Itemized grants
409
Median grant
$28k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| UNC CHAPEL HILL - SCHOLARSHIP PROGRAM | CHAPEL HILL, NC | SUPPORT AND PROMOTION OF THE MOREHEAD-CAIN SCHOLARS PROGRAM | $3.5M |
| UNC CHAPEL HILL - MOREHEAD HOUSE MAINTENANCE | CHAPEL HILL, NC | TO MAINTAIN FACILITY FOR DISTINGUISHED GUESTS | $160k |
| UNC CHAPEL HILL - MOREHEAD PLANETARIUM AND SCIENCE CENTER | CHAPEL HILL, NC | DONATION | $50k |
| THE EDUCATIONAL FOUNDATION INC | CHAPEL HILL, NC | DONATION | $4k |
| NC NETWORK OF GRANTMAKERS | RALEIGH, NC | DONATION | $4k |
| HAPPY ROOTS INC | SALISBURY, NC | DONATION | $3k |
| DOWNTOWN SALISBURY INC | SALISBURY, NC | DONATION | $3k |
Down 44%
from 2022
From $892k in 2022 to $499k in 2023.
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.
Board President pay fell 44% from 2022 to 2023, while revenue rose 45%.
- Board Treasurer pay fell 44% from 2022 to 2023.
- Board Vice President pay rose 3% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), 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.
Common questions about THE MOREHEAD-CAIN FOUNDATION
What does the Board President of THE MOREHEAD-CAIN FOUNDATION earn?
In 2023, the Board President of THE MOREHEAD-CAIN FOUNDATION received $499,196 in total compensation. This pay is in the top 10% for Board President roles among Education organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board President pay at THE MOREHEAD-CAIN FOUNDATION compare with similar nonprofits?
Compared with the same role at Education organizations nationwide, the 2023 pay of the Board President at THE MOREHEAD-CAIN FOUNDATION falls in the top 10%. In 2023, the highest total compensation at THE MOREHEAD-CAIN FOUNDATION equaled 3% of the organization's total expenses. The median for education organizations is 7%.
What are THE MOREHEAD-CAIN FOUNDATION's revenue and expenses?
In 2023, THE MOREHEAD-CAIN FOUNDATION reported $15.3M in total revenue and $16.7M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.
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