1880 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $352K in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $27K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$352K
+24.4% YoY
Annual Giving
$10K
-33.3% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$10K
+33.3% YoY
Under IRS private-foundation payout rules, 1880 Foundation reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.
About 1880 Foundation
Based on IRS filings
1880 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $352K in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $27K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $352,323 | $283,208 | $277,940 |
| Revenue | $79,700 | $2,505 | $37,705 |
| Expenses | $17,756 | $22,438 | $24,836 |
| Qualifying Distributions | $14,830 | $19,750 | $21,800 |
| Net Investment Income | $26,520 | $7,471 | $29,954 |
| Distributable Amount | $15,135 | $13,585 | $14,521 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Alamance Community Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALAMANCE COMMUNITY FOUNDATION BURLINGTON, NC | GRATITUDE SCHOLARSHIP FUND | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| M ELIZABETH GANT | PRESIDENT | — | — |
| ALLEN E GANT JR | VICE PRESIDENT | — | — |
| DEREK B STEED | SECRETARY | — | — |
| SUZANNE ALLEN | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is 1880 Foundation?
1880 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. It holds $352K in total assets as of 2024.
How large is 1880 Foundation?
As of 2024, 1880 Foundation holds $352K in total assets with $80K in annual revenue. It awarded 1 grants totaling $10K in 2024.
Where does 1880 Foundation operate?
1880 Foundation has awarded grants in North Carolina, New Jersey, New York, South Carolina.
What size grants does 1880 Foundation award?
In 2024, 1880 Foundation awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is 1880 Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, 1880 Foundation reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is 1880 Foundation's EIN?
1880 Foundation's EIN (Employer Identification Number) is 81-0704727. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in 1880 Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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