Asheboro City Schools Education Foundation

Foundation · Grantmaker ASHEBORO, NC EIN: 56-1761842

To award scholarships to seniors graduating from Asheboro High School and attending institutions of higher learning. Also to provide a conduit for public donations that are intended to be paid to Asheboro City Schools for upgrades of facilities and supplementation of educational programs.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.0M

+2.7% YoY

Annual Giving

$25K

Grant Count

1

Avg Grant Size

$25K

About Asheboro City Schools Education Foundation

Based on IRS filings

Asheboro City Schools Education Foundation is a nonprofit organization focused on Education, based in ASHEBORO, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 1 grants totaling $25K. Net investment income was $26K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Asheboro

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$69K$138K$208K$277K20212022202320242025
Metric202520242023
Total Assets$1,013,267$986,347$878,983
Revenue$64,452$94,776$251,574
Expenses$82,012$53,241$83,628
Qualifying Distributions
Net Investment Income$26,393$22,912$18,388
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$9K$18K$27K$36K0 grants20210 grants20221 grants20230 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Asheboro City Schools$25K

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Asheboro City Schools ($24,590).

RecipientPurposeAmount
Asheboro City Schools Asheboro, NCSchedule I, Part II, Line 1 - The Asheboro City Schools Education Foundation received two donations (one in the amount of $15,000, and one in the $9590). The $15,000 donation was for improvements at the South Asheboro Middle School Athletic Track. The $9,590 donation was for medical internship opportunities for Asheboro High School Students.$24,590

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
Carla FreemyerMember at Large2
Carle HallMember at Large0.25
Sam RamseyMember at Large0.25
Janice KiteMember at Large0.25
Kathryn LailMember at Large0.25
Sandra SpiveyVice President0.5
Aaron WoodyPresident0.25
Kristen WrightTreasurer3
Chandra ManningSecretary2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Asheboro City Schools Education Foundation?

Asheboro City Schools Education Foundation is a nonprofit organization focused on Education, based in ASHEBORO, NC. It holds $1.0M in total assets as of 2025.

How large is Asheboro City Schools Education Foundation?

As of 2025, Asheboro City Schools Education Foundation holds $1.0M in total assets with $64K in annual revenue. It awarded 1 grants totaling $25K in 2025.

Where does Asheboro City Schools Education Foundation operate?

Asheboro City Schools Education Foundation has awarded grants in North Carolina.

What size grants does Asheboro City Schools Education Foundation award?

In 2025, Asheboro City Schools Education Foundation awarded 1 grants totaling $25K — an average of about $25K per grant, based on its IRS Form 990 filings.

What is Asheboro City Schools Education Foundation's EIN?

Asheboro City Schools Education Foundation's EIN (Employer Identification Number) is 56-1761842. IRS Form 990 filing data is available on this page for 2021–2025.

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

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