The Educational Foundation Inc.
Fiscal year ending 2024. Filed on May 12, 2025.
450 Skipper Bowles Drive
Chapel Hill, North Carolina 27599
The Educational Foundation Inc. (EIN: 56-6058412) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Educational Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 10 out of 60 total employees. Among the employees shown here, the average compensation is $293,208. The highest compensated employee at The Educational Foundation Inc. is John Montgomery with fiscal year 2024 compensation of $685,350.
Revenue, expenses, and employee compensation
Revenue
$76,461,125
Expenses
$64,647,364
Employee compensation
$5,595,136
Reported Compensated Employees
＋6.9%vs 2023
John Montgomery
Executive Director
$685,350
$649,326 from orgNo related comp$36,024 other
＋10.3%vs 2023
Ken Mack
SR Assoc EXEC Director LEAD GIF
$357,624
$322,280 from orgNo related comp$35,344 other
－0.3%vs 2023
Diane Aldridge
CFO and General Counsel
$294,917
$263,040 from orgNo related comp$31,877 other
＋35.7%vs 2023
Seth Reeves
Chief Revenue Officer
$292,000
$262,287 from orgNo related comp$29,713 other
＋6.4%vs 2023
Matt Terrell
Chief Strategy and Comms OFF
$270,171
$240,279 from orgNo related comp$29,892 other
＋24.5%vs 2023
Gary Burns
Senior Director of Major G
$237,880
$208,814 from orgNo related comp$29,066 other
＋25.8%vs 2022
Eric Montross
Senior Director of Principal Gifts
$230,419
$215,630 from orgNo related comp$14,789 other
＋5.3%vs 2023
Emily Stevens
Major Gifts Director
$214,178
$190,250 from orgNo related comp$23,928 other
New in 2024
Elizabeth MacKethan
Senior Philanthropy Officer
$208,810
$190,374 from orgNo related comp$18,436 other
＋7.3%vs 2023
Emily Coble
Senior Director of Finance
$140,726
$118,205 from orgNo related comp$22,521 other
Non-Employee Board Members
Alan Caldwell
Executive Board Member
Alge Crumpler
Executive Board Member
Anne Lloyd
Chair
Aurelia Stafford Monk
Executive Board Member
Brian Golson
Executive Board Member
Dave Boliek
Executive Board Member
Dewey Burke
Executive Board Member
Don Hardison
Executive Board Member
Don Williams
Former Chair
Donna Curtis McClatchey
Executive Board Member
Dwight Stone
Executive Board Member
Frank Brenner
Executive Board Member
Contractors
＋1182.8%vs 2023
Maccurrach Golf Construction
General Contractors
$8,222,324
＋68.9%vs 2023
Ta Loving Company
General Contractors
$8,008,778
－30.2%vs 2023
Frank L Blum Construction
General Contractors
$7,937,020
New in 2024
United Restaurant Equipment
Equipment
$917,515
－19.6%vs 2023
Vision Contractors
General Contractors
$425,294
Mission Statement
SEE SCHEDULE O
Other organizations also named The Educational Foundation
Yuba River Charter School Educational Foundation
Grass Valley, California
Semi-Therm Educational Foundation
Santa Clara, California
Hampton Educational Foundation
Hampton, Virginia
Burlington Educational Foundation
Burlington, Iowa
Claremont Educational Foundation
Claremont, California
Holy Trinity Catholic Schools Educational Foundation
West Point, Iowa
Revisions to this organization profile
May 12, 2025:
2024 The Educational Foundation Inc. 990 filed
May 14, 2024:
2023 The Educational Foundation Inc. 990 filed
May 8, 2023:
2022 The Educational Foundation Inc. 990 filed
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