The Educational Foundation Inc.
Fiscal year ending 2022. Filed on May 8, 2023.
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 2022 IRS Form 990 filing, The Educational Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 10 out of 49 total employees. Among the employees shown here, the average compensation is $240,452. The highest compensated employee at The Educational Foundation Inc. is John Montgomery with fiscal year 2022 compensation of $554,389.
Revenue, expenses, and employee compensation
Revenue
$82,405,052
Expenses
$44,922,056
Employee compensation
$5,033,159
Reported Compensated Employees
＋7.2%vs 2021
John Montgomery
Executive Director
$554,389
$509,113 from orgNo related comp$45,276 other
＋9.7%vs 2021
Ken Mack
SR Assoc EXEC Director LEAD Gifts
$285,581
$252,385 from orgNo related comp$33,196 other
＋5.7%vs 2021
Tim Smith
Deputy Director
$252,424
$225,445 from orgNo related comp$26,979 other
＋11.9%vs 2021
Diane Aldridge
CFO and General Counsel
$238,435
$212,074 from orgNo related comp$26,361 other
＋12.5%vs 2021
Matt Terrell
Chief Strategy and Comms Officer
$205,150
$179,857 from orgNo related comp$25,293 other
＋4.7%vs 2021
Seth Reeves
Chief Revenue Officer
$201,737
$179,866 from orgNo related comp$21,871 other
＋5.7%vs 2021
Eric Montross
Senior Director of Principal Gifts
$183,230
$170,553 from orgNo related comp$12,677 other
＋11.5%vs 2019
Gary Burns
Senior Director of Major Gifts
$181,990
$156,616 from orgNo related comp$25,374 other
New in 2022
Emily Stevens
Major Gifts Director
$175,076
$154,021 from orgNo related comp$21,055 other
New in 2022
Emily Coble
Senior Director of Finance
$126,507
$105,718 from orgNo related comp$20,789 other
Non-Employee Board Members
Alan Caldwell
Executive Board Member
Alge Crumpler
Executive Board Member
Anne Lloyd
Vice Chair
Brian Golson
Executive Board Member
Chuck Duckett
Executive Board Member
Dave Boliek
Executive Board Member
David Routh
Executive Board Member
Don Hardison
Executive Board Member
Don Williams
Chair
Donna Curtis McClatchey
Executive Board Member
Frank Brenner
Executive Board Member
IV Culp
Executive Board Member
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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