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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking Michael and Karen Schley Foundation

Michael and Karen Schley Foundation

Fiscal year ending 2024. Filed on November 5, 2025.

PO Box 27443
Raleigh, North Carolina 27611

Michael and Karen Schley Foundation (EIN: 47-5393391) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Michael and Karen Schley Foundation, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$193,328

Expenses

$325,759

Employee compensation

—
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Karen Schley
Director
$0
Michael Schley
Director
$0

Benchmark Employee Compensation

Revisions to this organization profile

November 5, 2025:
2024 Michael and Karen Schley Foundation 990 filed
November 15, 2024:
2023 Michael and Karen Schley Foundation 990 filed
November 15, 2023:
2022 Michael and Karen Schley Foundation 990 filed

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