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
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
Cities
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)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
233 grants across all recorded years
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES F GOODMON | CHAIRMAN OF THE BOARD | 2 | — |
| BETH BRIGGS | DIRECTOR | 1 | — |
| MARIA SPAULDING | DIRECTOR | 1 | — |
| MICHAEL GOODMON | DIRECTOR | 1 | — |
| JAMES F GOODMON JR | DIRECTOR | 1 | — |
| GREG PATTERSON | DIRECTOR/TREASURER | 2 | — |
| STEVE HAMMEL | DIRECTOR | 1 | — |
| DANIEL P MCGRATH | TREASURER/SECRETARY | 1 | — |
| BARBARA L GOODMON | PRESIDENT | 1 | — |
| DAMON J CIRCOSTA | V.P/ EXEC. DIR./ASST SECRE | 40 | $219,205 |
| NICOLE STEWART | DIRECTOR OF ENGAGMENT | 40 | $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-generationThe 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 LoansThe foundation made a $1 million donation to Healing Transitions
A.J. Fletcher Foundation Awards More Than $1 Million in Grants and LoansContact 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
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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