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Filing year 2023

THE MOREHEAD-CAIN FOUNDATION

Chapel Hill, North Carolina·EIN 56-0599225·NTEE B82Z · Education·501(c)(3)
Total revenue
$15.3M
Total assets
$225.5M
Total expenses
$16.7M
Reported officers
13

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.

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.

Browse compensation in Education

Pay in context

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%.

This organization (2023)
3%
Sector median
7%
Middle half of sector
2% to 17%

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

RecipientLocationPurposeAmount
UNC CHAPEL HILL - SCHOLARSHIP PROGRAMCHAPEL HILL, NCSUPPORT AND PROMOTION OF THE MOREHEAD-CAIN SCHOLARS PROGRAM$3.5M
UNC CHAPEL HILL - MOREHEAD HOUSE MAINTENANCECHAPEL HILL, NCTO MAINTAIN FACILITY FOR DISTINGUISHED GUESTS$160k
UNC CHAPEL HILL - MOREHEAD PLANETARIUM AND SCIENCE CENTERCHAPEL HILL, NCDONATION$50k
THE EDUCATIONAL FOUNDATION INCCHAPEL HILL, NCDONATION$4k
NC NETWORK OF GRANTMAKERSRALEIGH, NCDONATION$4k
HAPPY ROOTS INCSALISBURY, NCDONATION$3k
DOWNTOWN SALISBURY INCSALISBURY, NCDONATION$3k
Compare this foundation's grantees

Down 44%
from 2022

From $892k in 2022 to $499k in 2023.

$892k
2022
$499k
2023
In today's dollarsEst.
Down 46% in real terms$1M to $545k

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 President pay fell 44% from 2022 to 2023, while revenue rose 45%.

$892k in 2022 to $499k in 2023.
  • 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.

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 ($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.

1
THE MOREHEAD-CAIN FOUNDATION2023
$499k
2
ARCUS FOUNDATION2024
$449k
3
The Terry Foundation2024
$423k
Compare compensation across all Education organizations
FAQ

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.

THE MOREHEAD-CAIN FOUNDATION | Executive Pay $3k-$499k | Lucido