Bill & Agnes Monk Family Foundation
The Bill & Agnes Monk Family Foundation is a private foundation based in Greenville, North Carolina. Established in 2016, the foundation honors the legacy of Bill and Agnes Monk of Farmville, NC, who were longtime community supporters. The foundation operates as a 501(c)(3) private foundation with no employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.9M
+17.6% YoY
Annual Giving
$1.4M
-1.2% YoY
Grant Count
19
+0.0% YoY
Avg Grant Size
$76K
-1.2% YoY
Mission & Focus Areas
The foundation primarily funds:
- Education — including scholarships, academic programs, and educational institutions
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation supports general needs, scholarship funds, capital campaigns, and endowed programs across its focus areas.
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in North Carolina, Virginia, and Georgia, with particular emphasis on eastern North Carolina.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $17,764,908
- Total Revenues: $1,036,100
- Total Expenses: $1,560,606
- Total Giving: $1,445,168
As of 2024:
- Total Assets: $20,890,163
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,890,163 | $17,764,908 | $18,350,921 |
| Revenue | $4,727,702 | $1,036,100 | $123,386 |
| Expenses | $1,571,754 | $1,560,606 | $1,553,574 |
| Qualifying Distributions | $1,504,633 | $1,514,056 | $1,490,959 |
| Net Investment Income | $4,660,730 | $909,990 | $390,998 |
| Distributable Amount | $1,987,246 | $1,563,898 | $1,268,285 |
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
94 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation was established by and honors the memory of Bill and Agnes Monk. The Monk family continues to support the foundation's mission, including William Monk Jr. (Class of 1986) and his wife Aurelia Stafford Monk (Class of 1985), along with Molly Monk Mears (Class of 1984) and her husband John.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AURELIA STAFFORD MONK | PRES./SECRET | — | — |
| MOLLY MONK | VICE PRESIDE | — | — |
| WILLIAM C MONK JR | CHAIR/TREASU | — | — |
Recent News & Activity
Recent developments and announcements
The foundation supports internship opportunities for students in eastern North Carolina and beyond through an endowed fund at the University of North Carolina at Chapel Hill. The Monk Family Internship program provides opportunities for students from eastern North Carolina participating in internships elsewhere, as well as students serving in internships within the region.
Monk Family Fund will support internships in eastern N.C. and beyond - CarolinaThe Monk Family Scholarship at The Oakwood School continues to accept applications annually, with the 2026-2027 scholarship cycle open to new rising 9th to 12th grade students.
Monk Family Scholarship - The Oakwood SchoolSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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