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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 Education The Morehead-Cain Foundation

The Morehead-Cain Foundation

Fiscal year ending 2021. Filed on May 16, 2022.

Post Office Box 690
Chapel Hill, North Carolina 27514

The Morehead-Cain Foundation (EIN: 56-0599225) has filed an IRS Form 990 since fiscal year 2021. In its fiscal year 2021 IRS Form 990 filing, The Morehead-Cain Foundation, a 501(c)(3) charitable organization, reported compensation for 12 employees. Among the employees shown here, the average compensation is $122,054. The highest compensated employee at The Morehead-Cain Foundation is Charles E Lovelace Jr with fiscal year 2021 compensation of $629,567.

Revenue, expenses, and employee compensation

Revenue

$29,358,947

Expenses

$13,459,617

Employee compensation

—
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Charles E Lovelace Jr
Executive Director
$629,567
$615,388 No related comp$14,179
Steven R Michalak
Treasurer
$216,499
$203,796 No related comp$12,703
Megan M Mazzocchi
Associate Director
$213,018
$203,796 No related comp$9,222
David B Greer
Development Director
$192,858
$174,292 No related comp$18,566
David C Wright III
Chair and Trustee
$22,664
$22,664 No related compNo other comp
Peter A Larkin Jr
Trustee
$11,332
$11,332 No related compNo other comp
Timothy P Sullivan
Trustee
$11,332
$11,332 No related compNo other comp
W Frank Dowd IV
Trustee
$11,332
$11,332 No related compNo other comp
A Holly C Gwynne-Timothy
Trustee
$11,332
$11,332 No related compNo other comp
Rachel M Pfeifer
Trustee
$11,332
$11,332 No related compNo other comp
Terri Lacy
Trustee
$11,332
$11,332 No related compNo other comp
Jennifer Halsey Evans
Trustee
$0

Benchmark Employee Compensation

Revisions to this organization profile

May 1, 2025:
2024 The Morehead-Cain Foundation 990 filed
May 13, 2024:
2023 The Morehead-Cain Foundation 990 filed
May 15, 2023:
2022 The Morehead-Cain Foundation 990 filed

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