Appalachian Real Estate Development

BOONE, NC EIN: 56-2161660

TO EXERCISE ANY AND ALL RIGHTS OF OWNERSHIP WITH RESPECT TO REAL PROPERTY AND PERSONAL PROPERTY IN CONNECTION THEREWITH FOR THE BENEFIT OF THE UNIVERSITY, INCLUDING TO ACQUIRE, OWN, DEVELOP, LEASE, FINANCE, MANAGE, OPERATE, SELL, AND TRANSFER PROPERTY. TO DO ANY AND ALL OTHER ACTS AND THINGS THAT ARE CONSISTENT WITH THE PURPOSES ABOVE AND THAT MAY BE DEEMED DESIRABLE OR EXPEDIENT FOR THE BENEFIT OF THE UNIVERSITY, ITS PROGRAMS, AND ITS FACULTY, STAFF AND STUDENTS.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$94.0M

+0.5% YoY

Annual Giving

-100.0% YoY

Grant Count

0

-100.0% YoY

Avg Grant Size

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$11M20202021202220232024
Metric202420232022
Total Assets$93,971,383$93,486,656$99,024,525
Revenue$9,554,888$8,834,099$6,456,684
Expenses$7,174,777$10,440,577$5,799,935
Qualifying Distributions
Net Investment Income$248,290$181,138$22,087
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$6M1 grants20201 grants20211 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K$100–250K$250–500K1$500K–1M2$1–5M1$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Appalachian Real Estate Development fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMES J BROWNPRESIDENT1
DAVID T JAMISONDIRECTOR1
MATTHEW C DULLSECRETARY & TREASURER7
SCOTT K LAMPEDIRECTOR1
JAMES M BARNESCHAIR1
FAIRLEY BELL COOKVICE CHAIR1
JOHN E ADAMSDIRECTOR1
CANTEY ALEXANDERDIRECTOR1
NICK KATERSDIRECTOR1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

Cities

Boone

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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