Bailey Endowment Inc
Bailey Endowment Inc is a private foundation based in Raleigh, North Carolina. Established in 1992, the organization operates as a 501(c)(3) charitable entity focused on making charitable contributions to support various causes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.2M
-0.2% YoY
Annual Giving
$155K
+9.9% YoY
Grant Count
30
+11.1% YoY
Avg Grant Size
$5K
-1.1% YoY
Under IRS private-foundation payout rules, Bailey Endowment Inc reported a distributable amount of $155K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Animal Welfare
- Welfare of Children
- Religion
- Community Development
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations and programs in North Carolina, with a particular focus on the Raleigh area.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $3,183,328
- Total Revenues: $196,422
- Total Expenses: $204,648
- Number of Employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,183,328 | $3,191,219 | $3,205,049 |
| Revenue | $196,422 | $169,891 | $138,349 |
| Expenses | $204,648 | $183,909 | $235,210 |
| Qualifying Distributions | $155,000 | $138,000 | $182,000 |
| Net Investment Income | $160,751 | $137,773 | $96,978 |
| Distributable Amount | $154,985 | $155,983 | $160,417 |
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
174 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ncsu Student Aid Association ($25,000), Shopspace ($15,000), Arts Nc State ($11,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMER'S ASSOCIATION CHARLOTTE, NC | OPERATIONAL SUPPORT | $1,000 |
| ARTS NC STATE RALEIGH, NC | OPERATIONAL SUPPORT | $11,000 |
| ASSOCIATION FOR WELFARE OF ANIMALS SHELBY, NC | OPERATIONAL SUPPORT | $10,000 |
| CAMPBELL UNIVERSITY LAW SCHOOL RALEIGH, NC | OPERATIONAL SUPPORT | $1,500 |
| CAROLINA TIGER RESCUE PITTSBORO, NC | OPERATIONAL SUPPORT | $4,500 |
| CLEVELAND COUNTY ARTS COUNCIL SHELBY, NC | OPERATIONAL SUPPORT | $3,500 |
| CLEVELAND VOLUNTEER FIRE DEPT SHELBY, NC | OPERATIONAL SUPPORT | $2,500 |
| FRIENDS OF THE PARKS SHELBY, NC | OPERATIONAL SUPPORT | $1,000 |
| GWU SCHOOL OF DIVINITY BOILING SPRINGS, NC | OPERATIONAL SUPPORT | $10,000 |
| INTERFAITH FOOD SHUTTLE RALEIGH, NC | OPERATIONAL SUPPORT | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HOYT G TESSNER | PRESIDENT | 1 | — |
| MELANIE KNIGHT | SECRETARY/TR | 1 | — |
| CYNTHIA BUCKINGHAM | VP | 1 | — |
| ANNE BAILEY | DIRECTOR | 1 | — |
| NICHOLAS TESSENER | DIRECTOR | 1 | — |
| A BAILEY KNIGHT | DIRECTOR | 1 | — |
Contact Information
Address: PO Box 10788 Raleigh, NC 27605-0788
Telephone: 919-749-5254
Frequently Asked Questions
What does Bailey Endowment Inc fund?
The foundation's primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Animal Welfare • Welfare of Children • Religion • Community Development
How do I apply for a grant from Bailey Endowment Inc?
**Grant Activity:** • Made 41 grants in 2024 • Typical grant awards range from $500 to $25,000 • Total giving in 2024: $155,000 **Recent Grant Recipients (2024):** • Shopspace: $15,000 (Operational Support) • Association for the Welfare of Animals: $10,000 (Operational Support) • Samaritan's Purse: $10,000 (Operational Support) • Wildlife Welfare: $8,000 (Operational Support)
Where does Bailey Endowment Inc make grants?
The foundation primarily funds organizations and programs in North Carolina, with a particular focus on the Raleigh area.
What size grants does Bailey Endowment Inc award?
In 2024, Bailey Endowment Inc awarded 30 grants totaling $155K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Bailey Endowment Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bailey Endowment Inc reported a distributable amount of $155K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bailey Endowment Inc's EIN?
Bailey Endowment Inc's EIN (Employer Identification Number) is 56-1802700. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Bailey Endowment Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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