Aj Fletcher Foundation logo

Aj Fletcher Foundation

RALEIGH, NC EIN: 23-7423031 Website

The A.J. Fletcher Foundation is a 501(c)(3) nonprofit organization and supporting organization based in Raleigh, North Carolina. Established in 1975, the foundation works to improve the lives and well-being of North Carolinians by supporting nonprofit organizations that recognize and solve social and civic problems. The foundation serves as a supporting organization for the Fletcher Academy School of Achievement, an independent, co-educational day school serving approximately 200 students in grades 1-12 with learning disabilities and attention deficit disorders.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$279.2M

+5.8% YoY

Annual Giving

$8.8M

+32.3% YoY

Grant Count

70

+14.8% YoY

Avg Grant Size

$126K

+15.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to support nonprofit organizations in their endeavors to enrich the lives and well-being of people in North Carolina. The foundation partners with nonprofit organizations that recognize and solve social and civic problems and provides resources to advance bold ideas.

The foundation supports public charities located in North Carolina or serving North Carolina residents that have as one of their purposes:

  • Care or support of the elderly, infirm, or indigent
  • Promotion of education
  • Artistic endeavors
  • Communication arts
  • Public recreation
  • Fostering of religious faith

Education and the arts have historically been cornerstones of the foundation's work. The foundation also prioritizes issues around poverty programs and statewide service organizations, and offers seed money to new and emerging nonprofits.

Grantmaking

The foundation does not accept unsolicited applications and operates on an invite-only basis.

Grant Range

$6,000 to $1,000,000

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in North Carolina, with some activity in Tennessee and the District of Columbia.

Grant Distribution by State

3states

Cities

AshevilleBakersvilleBayboroBooneBristolBurnsvilleCarrboroCaryChapel HillCharlotteClaytonDurhamFuquay VarinaLinvilleManteoMouth Of WilsonNewlandNewportOld FortRaleigh

Financial History

Multi-year comparison from IRS filings

Assets:

  • $279,221,023 (2024)
  • $264,000,000 (2023)

Annual Giving:

  • $8,833,250 (2024)
  • $6,587,600 (2023)
  • $6,158,250 (grants to charitable organizations, recent year)

Total Revenue:

  • $12,098,985 (2024)

Total Expenses:

  • $10,308,195 (2024)
  • $8,070,000 (2023)

Giving Rate: 2.5% of assets

Staffing: 5 employees (2024)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28M$57M$85M$114M20202021202220232024
Metric202420232022
Total Assets$279,221,023$263,837,938$240,226,445
Revenue$12,098,985$6,065,550$103,189,395
Expenses$10,308,195$8,073,377$8,049,293
Qualifying Distributions
Net Investment Income$12,149,563$4,698,561$103,189,395
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$7M$9M33 grants202051 grants202163 grants202261 grants202370 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NORTH CAROLINA COMMUNITY…$1.0MOCCONEECHEE COUNCIL INC …$219KHEALING TRANSITIONS INC$200KNORTH CAROLINA JUSTICE C…$200KCOMMON CAUSE EDUCATION F…$180KAPPALACHIAN REGIONAL HEA…$175KLEADERSHIP TRIANGLE INC$150KSAFECHILD$150KNOTE IN THE POCKET INC$127KCASA$108K

Grant Size Distribution

233 grants across all recorded years

101<$50K52$50–100K59$100–250K10$250–500K5$500K–1M6$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DAMON J CIRCOSTAV.P/ EXEC. DIR./ASST SECRE$219KNICOLE STEWARTDIRECTOR OF ENGAGMENT$111K

From 2024 filing

NameTitleHoursCompensation
JAMES F GOODMONCHAIRMAN OF THE BOARD2
BETH BRIGGSDIRECTOR1
MARIA SPAULDINGDIRECTOR1
MICHAEL GOODMONDIRECTOR1
JAMES F GOODMON JRDIRECTOR1
GREG PATTERSONDIRECTOR/TREASURER2
STEVE HAMMELDIRECTOR1
DANIEL P MCGRATHTREASURER/SECRETARY1
BARBARA L GOODMONPRESIDENT1
DAMON J CIRCOSTAV.P/ EXEC. DIR./ASST SECRE40$219,205
NICOLE STEWARTDIRECTOR OF ENGAGMENT40$111,019

Recent News & Activity

Recent developments and announcements

The foundation renewed ties with Elon University to champion first-generation student success

The A.J. Fletcher Foundation renews ties with Elon to champion first-generation

The foundation awarded more than $1 million in grants and loans to East Durham

A.J. Fletcher Foundation Awards More Than $1 Million in Grants and Loans

The foundation made a $1 million donation to Healing Transitions

A.J. Fletcher Foundation Awards More Than $1 Million in Grants and Loans

Contact Information

  • Address: 909 Glenwood Avenue, Raleigh, NC 27605-1511
  • Phone: (919) 322-2580
  • Website: www.ajf.org
  • EIN: 23-7423031

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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