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North Carolina private foundations

There are 3,387 private foundations in North Carolina. Combined, these North Carolinian private foundations employ 404 people, earn more than $4 billion in revenue each year, and have assets of $20 billion.
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Types of private foundations in North Carolina

Nonprofit typeNumberRevenues
Private foundations
 
3,387
 
$3,811,997,115
Corporate foundations
 
60
 
$614,490,141
Showing 2 of 2 categories

Private foundations by major North Carolina cities

Metro areaNonprofitsRevenues
Charlotte
 
814
 
$2,203,124,611
Raleigh
 
586
 
$302,789,109
Durham
 
278
 
$242,002,365
Greensboro
 
267
 
$198,777,159
Winston-Salem
 
215
 
$104,148,935
Asheville
 
161
 
$277,148,775
Fayetteville, NC
 
155
 
$12,669,034
Wilmington
 
112
 
$31,451,378
Hickory
 
89
 
$36,817,943
Greenville, NC
 
60
 
$62,469,450
Showing 10 of 17 metros

Sizes of private foundations in North Carolina

Revenues per organizationNumber of organizations
< $250k
 
1,709
$250k to $1M
 
303
$1M to $5M
 
192
$5M to $25M
 
54
$25M to $100M
 
13
$100M+
 
5
Key takeaways for revenue stats:

Directory of private foundations in North Carolina

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1-20 of 3,387

The Gambrell Foundation

The Gambrell Foundation is a private foundation located in Charlotte, NC. Last year, it made $6,365,070 in annual grants and has total assets of $126,401,755.
Revenue
$18.3m
Assets
$172.6m
Employees
9
EIN
56-2120679
IRS type
501(c)(3)

Merancas Foundation

A Charlotte-based private foundation that funds services for adults with disabilities, scholarships, food program for seniors, housing stability and youth mentorship.
Revenue
$38.2m
Assets
$174.4m
Employees
0
EIN
56-1677733
IRS type
501(c)(3)

Charles A Cannon Trust No 1

The C. A. Cannon Charitable Trust #1 primarily funds general support, faith community nurse, debt reduction, hvac replacement, technology upgrades, parking lot repavement, windows and facade, window replacement, and w.
Revenue
$39.4m
Assets
$415.5m
Employees
5
EIN
56-6132354
IRS type
501(c)(3)

The Ezrah Charitable Trust

The Ezrah Charitable Trust is a private foundation located in Charlotte, NC. It primarily funds general support and has made 11 grants to organizations including One Acre Fund US and others last year.
Revenue
$37.8m
Assets
$498.3m
Employees
1
EIN
81-2608588
IRS type
501(c)(3)

Duke Endowment

The Duke Endowment works to help people and strengthen communities in North Carolina and South Carolina by nurturing children, promoting health, educating minds and enriching spirits.
Revenue
$370.6m
Assets
$3.6b
Employees
70
EIN
56-0529965
IRS type
501(c)(3)

David Belk Cannon Foundation

To make charitable distributions and provide support to or for the use of, and to perform the functions of, the Community Foundation of Gaston County.
Revenue
$8.4m
Assets
$132.5m
Employees
0
EIN
27-0004751
IRS type
501(c)(3)

The Cannon Foundation

The Cannon Foundation is located in Concord, NC and made 174 grants last year. The types of grants given were to the Boys and Girls Club Of Cabarrus County Inc. The trustees are William C Cannon JR, Thomas M Grady, William M Connolly.
Revenue
$24.8m
Assets
$351.7m
Employees
3
EIN
56-6042532
IRS type
501(c)(3)

John M Belk Endowment (JMBE)

John M Belk Endowment's goal is to empower today's workforce by creating pathways to and through postsecondary education for underrepresented students in North Carolina.
Revenue
$39.5m
Assets
$379.0m
Employees
5
EIN
56-1954114
IRS type
501(c)(3)

The W Duke Kimbrell Family Foundation

The The W Duke Kimbrell Family Foundation is a private foundation that primarily funds capital, tax exempt educational purpose of the school, aid to the poor. Grantees include Gaston County Family Ymca. Made three grants last year.
Revenue
$6.0m
Assets
$97.3m
Employees
0
EIN
20-3390787
IRS type
501(c)(3)

The Leon Levine Foundation

The Leon Levine Foundation is a Charlotte-based family foundation funding Carolinas nonprofits in education, healthcare, human services, and Jewish values through grants and investments.
Revenue
$1.1b
Assets
$1.9b
Employees
20
EIN
58-1427515
IRS type
501(c)(3)

Eddie and Jo Allison Smith Family Foundation

The Eddie and Jo Allison Smith Family Foundation is a private foundation that provides grants to Vidant Health Foundation and other organizations. It made 210 grants last year.
Revenue
$29.4m
Assets
$302.1m
Employees
3
EIN
56-1844198
IRS type
501(c)(3)

RB Terry Charitable Foundation

The R B Terry Charitable Foundation is a private foundation that provides grants to the NC Veterinary Medical Foundation. It made four grants last year and its trustees are Arch K Schoch Iv, Charles L Odom, Oscar Fletcher. It is located in High Point, NC.
Revenue
$18.9m
Assets
$202.5m
Employees
0
EIN
56-2066238
IRS type
501(c)(3)

The William R Kenan JR Fund

The William R Kenan JR Fund is a private foundation that is located in Chapel Hill, NC. The amount of annual grants made by the foundation is $2,879,500 and the total assets held by the foundation are $43,910,333.
Revenue
$6.5m
Assets
$64.7m
Employees
2
EIN
57-0757568
IRS type
501(c)(3)

Mary Reynolds Babcock Foundation

Private foundation in Winston-Salem, NC that funds general operating, rapid response, and project support grants for Opportunity Finance Network and others.
Revenue
$20.7m
Assets
$181.7m
Employees
15
EIN
56-0690140
IRS type
501(c)(3)

John William Pope Foundation

The Pope Foundation works to improve the well-being of the citizens of North Carolina and the nation through the advancement of individual freedom and personal responsibility.
Revenue
$8.4m
Assets
$120.7m
Employees
4
EIN
58-1691765
IRS type
501(c)(3)

The Cemala Foundation

The Cemala Foundation continues a family tradition of commitment to enhancing the quality of life of the community through grants to qualified organizations.
Revenue
$5.8m
Assets
$34.5m
Employees
2
EIN
56-1528982
IRS type
501(c)(3)

The Morehead-Cain Foundation

The Morehead-Cain Foundation provides scholarships to students attending the University of North Carolina at Chapel Hill. Last year, the Foundation made grants totaling $9,966,648.
Revenue
$16.7m
Assets
$225.0m
Employees
8
EIN
56-0599225
IRS type
501(c)(3)

The Bolick Foundation

The Bolick Foundation supports Gateway International Missions and made 130 grants last year. The foundation is supported by Jerome W Bolick Trust and is a private foundation located in Conover, NC.
Revenue
$10.8m
Assets
$55.1m
Employees
1
EIN
56-6086348
IRS type
501(c)(3)

David R Hayworth Foundation

The David R Hayworth Foundation is a private foundation that primarily funds general support, upkeep at swimming center, unrestricted bldg impr, tiffany glass: painting, say yes to education fund, chapel renovations, 20/20 vision campaig.
Revenue
$5.7m
Assets
$48.9m
Employees
1
EIN
58-1705607
IRS type
501(c)(3)

Z. Smith Reynolds Foundation (ZSR)

The Z. Smith Reynolds Foundation (ZSR) is committed to improving the quality of life of all North Carolinians. ZSR invests in statewide, regional and community-based organizations that are dedicated to building an inclusive, sustainable and vibrant State.
Revenue
$25.3m
Assets
$23.6m
Employees
18
EIN
58-6038145
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "T20: Private Foundations" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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