Armat Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOUNT AIRY, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 5 grants totaling $108K. Net investment income was $109K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
-0.1% YoY
Annual Giving
$108K
-14.2% YoY
Grant Count
5
+66.7% YoY
Avg Grant Size
$22K
-48.5% YoY
About Armat Foundation Inc
Based on IRS filings
Armat Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOUNT AIRY, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 5 grants totaling $108K. Net investment income was $109K.
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 | $1,403,369 | $1,404,111 | $1,416,784 |
| Revenue | $113,268 | $120,459 | $46,677 |
| Expenses | $114,010 | $133,132 | $21,407 |
| Qualifying Distributions | $109,587 | $127,738 | $16,735 |
| Net Investment Income | $108,845 | $117,249 | $51,285 |
| Distributable Amount | $175,393 | $135,019 | $107,601 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
60 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 |
|---|---|---|---|
| BETTY WRIGHT | PRESIDENT, SECRETARY | 1 | — |
| TAMRA WRIGHT THOMAS | ASST. SEC. | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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