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Filing year 2024

THE UNITED COMPANY FOUNDATION

Bristol, Virginia·EIN 54-1390453·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$5.3M
Total assets
$55.3M
Total expenses
$3.2M
Reported officers
11

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

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

Executive Director
25th percentile to median
$75k
$80k
President/ceo
Board President
Median to 75th percentile
$54k
$57k

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 9 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE UNITED COMPANY FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
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 2024 Form 990-PF, Part XV.

Total granted

$2.7M

Itemized grants

96

Median grant

$10k

RecipientLocationPurposeAmount
BALLAD HEALTH FOUNDATIONJOHNSON CITY, TNFUND NEW MOBILE COACH AND 3D MAMMOGRAPHY UNIT$350k
FEEDING AMERICA SOUTHWEST VIRGINIASALEM, VAMOBILE FOOD PANTRY ASSISTANCE$200k
YMCA OF BUCHANAN COUNTYGRUNDY, VAGENERAL SUPPORT$188k
MILLIGAN COLLEGEMILLIGAN COLLEGE, TNEDUCATION - TUITION$115k
APPALACHIAN HIGHLANDS COMMUNITY DENTAL CENTERABINGDON, VASUPPORT OF CLINIC EXPANSION AND ONGOING OPERATION$100k
BOYS AND GIRLS CLUB OF CENTRAL APPALACHIAGRUNDY, VAPOWER HOUR - STEAM AT 6 LOCATIONS THOUGHOUT BUCHANAN CO VA$100k
EDWARD VIA VA COLLEGE OF OSTEOPATHIC MEDICINEBLACKSBURG, VASCHOLARSHIP FUND FOR MEDICAL STUDENTS AT VCOM WHO COMMIT TO PRACTICE IN SOUTHWEST VA$100k
FOUNDATION FOR EDUCATIONAL AND DEVELOPMENTAL OPPORTUNITIES INCBRISTOL, VASUPPORT TUITION GRANT FUND$100k
EAST TENNESSEE STATE UNIVERSITYJOHNSON CITY, TNEDUCATION - TUITION$90k
JOHNSON UNIVERSITYKNOXVILLE, TNEDUCATION - TUITION$75k
QUINNIPIAC UNIVERSITYHAMDEN, CTEDUCATION - TUITION$60k
COMMUNITIES IN SCHOOLS OF APPLACHIAN HIGHLANDSBRISTOL, VACOATS, SHOES, & BACKPACKS FOR STUDENTS IN NEED; BRISTOL, VA & BUCHANAN COUNTY PUBLIC SCHOOLS$56k
YWCA - BRISTOLBRISTOL, TNSCHOLARSHIPS FOR MCGLOTHLIN STREET CHILDCARE CENTER$55k
BARTER FOUNDATION INCABINGDON, VAFUND INNOVATIVE, UNDUPLICATED EDUCATION PROGRAMMING$50k
BLUEFIELD COLLEGEBLUEFIELD, VASCHOLARSHIPS FOR OFF-SITE TRAINING IN CHRISTIAN MINISTERIAL LEADERSHIP CLASSES$50k
CROSSROADS MEDICAL MISSIONBRISTOL, VASUPPORT HEALTH CARE SAFETY NET PROJECT AND STAFF DEVELOPMENT$50k
HEALING HANDS HEALTH CENTER INCBRISTOL, TNDENTAL PROGRAM FOR WORKING, UNINSURED IN NE TN, SW VA$50k
PARAMOUNT CENTER FOR THE ARTSBRISTOL, TNRESTORATION PROJECT OF THE PARAMOUNT$50k
WINGATE UNIVERSITYWINGATE, NCEDUCATION - TUITION$44k
GRAND CANYON UNIVERSITYPHOENIX, AZEDUCATION - TUITION$43k
EMORY AND HENRY COLLEGEEMORY, VAEDUCATION - TUITION$33k
VIRGINIA TECHBLACKSBURG, VAEDUCATION - TUITION$33k
FEEDING MY SHEEP INCVANSANT, VAPROVIDE FOOD ASSISTANCE IN SW VA WHERE POVERTY IS HIGH AND DESTRUCTIVE$30k
FOOD BANK OF WISE COUNTY INCORPORATEDWISE, VAPROVIDE FOOD ASSISTANCE IN WISE COUNTY$30k
ALICE LLOYD COLLEGEPIPPA PASSES, KYSCHOLARSHIPS FOR NEEDY STUDENTS$25k
Compare this foundation's grantees

Up 16%
from 2023

From $65k in 2023 to $75k in 2024.

$65k
2023
$75k
2024
In today's dollarsEst.
Up 12% in real terms$71k to $80k

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

Chief Executive Officer pay rose 16% from 2023 to 2024, while revenue rose 60%.

$65k in 2023 to $75k in 2024.
  • Board President pay rose 72% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 ($50M - $150M), 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 UNITED COMPANY FOUNDATION

What does the Chief Executive Officer of THE UNITED COMPANY FOUNDATION earn?

In 2024, the Chief Executive Officer of THE UNITED COMPANY FOUNDATION received $75,000 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Virginia, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE UNITED COMPANY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Virginia, the 2024 pay of the Chief Executive Officer at THE UNITED COMPANY FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at THE UNITED COMPANY FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE UNITED COMPANY FOUNDATION's revenue and expenses?

In 2024, THE UNITED COMPANY FOUNDATION reported $5.3M in total revenue and $3.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.