Armat Foundation Inc
Armat Foundation Inc is a private foundation, based in Winston-Salem, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 4 grants totaling $172K. Net investment income was $272K.
Armat Foundation Inc at a glance
In short: Armat Foundation Inc gave $172K across 4 grants in 2025 (avg $43K), mostly in Tennessee. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $172,000
- +59.4% vs 2024
- Grants made (2025)
- 4
- -20.0% vs 2024
- Average grant
- $43,000
- +99.3% vs 2024
- Median grant
- $25,000
- Total assets
- $1,499,783
- +6.9% vs 2024
- Primary geography
- Tennessee (70% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Armat Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was McCallie School ($120K). Together the top 4 received $172K.
Grant Size Distribution
46 grants across all recorded years
The most common grant size was under $50K: 41 grants of 46 (89%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How Armat Foundation Inc gives
- Giving grew 1046% from 2022 to 2025. Method
- In 2025 it paid out 100% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $15K (2022) to $172K (2025). In 2025 it made 4 grants totaling $172K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| McCallie School Chattanooga, TN | Ronnie Thomas Scholarship/Pat Woolsey Plaque | $120,000 |
| Surry Arts Council Mount Airy, NC | Unrestricted | $35,000 |
| Mount Airy Restoration Foundation Mount Airy, NC | Unrestricted | $15,000 |
| Mount Airy City Schools Foundation Mount Airy, NC | Unrestricted | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,499,783 | $276,025 | $179,611 | $172,000 | 4 | $173,982 | $272,060 | $174,263 |
| 2024 | $1,403,369 | $113,268 | $114,010 | $107,900 | 5 | $109,587 | $108,845 | $175,393 |
| 2023 | $1,404,111 | $120,459 | $133,132 | $125,750 | 3 | $127,738 | $117,249 | $135,019 |
| 2022 | $1,416,784 | $46,677 | $21,407 | $15,010 | 21 | $16,735 | $51,285 | $107,601 |
| 2021 | $1,391,514 | $98,581 | $157,331 | $151,800 | 13 | $153,300 | $95,485 | $95,126 |
| 2020 | $1,450,264 | $69,342 | $117,844 | $109,125 | 18 | — | $67,294 | $85,856 |
| 2019 | $1,498,766 | $58,513 | $128,035 | $117,705 | 19 | — | $64,337 | $104,932 |
Under IRS private-foundation payout rules, Armat Foundation Inc reported a distributable amount of $174K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Armat Foundation Inc is led by Betty Wright, President & Secretary on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Betty Wright
President & Secretary
On filings since 2019
1 hr/week
No compensation reported
Tamra Wright Thomas
Assistant Secretary
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Armat Foundation Inc
How much does Armat Foundation Inc give each year?
Armat Foundation Inc gave $172K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $108K across 5 grants.
What is Armat Foundation Inc's typical grant size?
Armat Foundation Inc's median grant in 2025 was $25,000, and its average grant was $43,000, across 4 grants on its 2025 IRS Form 990-PF.
Where does Armat Foundation Inc give grants?
Armat Foundation Inc gives mostly in Tennessee: 70% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was North Carolina (30%). The most frequent recipient cities were Mount Airy, NC (3 grants).
Does Armat Foundation Inc give general operating support?
Yes: 75% of Armat Foundation Inc's 2025 grants with a stated purpose (3 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Armat Foundation Inc?
Armat Foundation Inc reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $174K in qualifying distributions that year, against a required minimum of $174K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Armat Foundation Inc's EIN?
Armat Foundation Inc's EIN (Employer Identification Number) is 56-2045002. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 14, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 4, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Armat Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Armat Foundation Inc's focus areas in our free grants database
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