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Filing year 2024

TRUST EDUCATION FOUNDATION INC CO FIRST

Raleigh, North Carolina·EIN 23-7170672·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$426k
Total assets
$1.7M
Total expenses
$354k
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

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

Executive Director
25th percentile to median
$60k
$64k

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 3 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 TRUST EDUCATION FOUNDATION INC CO FIRST equaled 17% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
17%
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

$85k

Itemized grants

1

Median grant

$85k

RecipientLocationPurposeAmount
CAMPBELL UNIVERSITYBUIES CREEK, NCEDUCATION$85k
Compare this foundation's grantees

Up 85%
from 2023

From $33k in 2023 to $60k in 2024.

$33k
2023
$60k
2024
In today's dollarsEst.
Up 79% in real terms$35k to $64k

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 85% from 2023 to 2024, while revenue rose 11%.

$33k in 2023 to $60k in 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 ($1M - $10M), 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 TRUST EDUCATION FOUNDATION INC CO FIRST

What does the Chief Executive Officer of TRUST EDUCATION FOUNDATION INC CO FIRST earn?

In 2024, the Chief Executive Officer of TRUST EDUCATION FOUNDATION INC CO FIRST received $60,000 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in North Carolina, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at TRUST EDUCATION FOUNDATION INC CO FIRST compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in North Carolina, the 2024 pay of the Chief Executive Officer at TRUST EDUCATION FOUNDATION INC CO FIRST falls between the 25th percentile and the median. In 2024, the highest total compensation at TRUST EDUCATION FOUNDATION INC CO FIRST equaled 17% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are TRUST EDUCATION FOUNDATION INC CO FIRST's revenue and expenses?

In 2024, TRUST EDUCATION FOUNDATION INC CO FIRST reported $426k in total revenue and $354k 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.