Bill & Agnes Monk Family Foundation
The Bill & Agnes Monk Family Foundation is a private foundation based in Greenville, North Carolina. Its 2025 grants went to organizations including schools, colleges, health foundations, arts and aquarium organizations, a community shelter, and other charitable organizations.
Bill & Agnes Monk Family Foundation at a glance
In short: Bill & Agnes Monk Family Foundation gave $1.7M across 40 grants in 2025 (avg $43K), mostly in North Carolina. 64% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,709,334
- +18.3% vs 2024
- Grants made (2025)
- 40
- +110.5% vs 2024
- Average grant
- $42,733
- -43.8% vs 2024
- Median grant
- $10,000
- Total assets
- $21,778,702
- +4.3% vs 2024
- New grantees (estimate)
- 64% first-time grantees (25 of 39, 2025)
- Primary geography
- North Carolina (88% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Bill & Agnes Monk Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 500-C Red Banks Road, Greenville, NC 27858
Phone: (252) 753-6555
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Bill & Agnes Monk Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was University of North Carolina ($250K). Together the top 10 received $1.4M.
Grant Size Distribution
113 grants across all recorded years
The most common grant size was under $50K: 66 grants of 113 (58%).
Geographic Focus
Where this funder awards grants
In 2025, 88% of grant dollars went to recipients in North Carolina, 8% to Georgia, 3% to Texas, and 1% to California. The filing also lists 0% for Alabama.
Grant Distribution by State
Share of 2025 grant dollars across all 40 itemized grants.
Cities
Is Bill & Agnes Monk Family Foundation open to new grantees?
64%
first-time grantees, 2025
In 2025, 25 of 39 grantees (64%) were first-time recipients. First grants averaged $30K; repeat grants $68K. How we count
Medians: $5K first-time, $30K repeat.
- 28% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+18%). Method
- In 2025 it paid out 78% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $803K (2020) to $1.7M (2025). In 2025 it made 40 grants totaling $1.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of North Carolina Chapel Hill, NC | Various Programs | $250,000 |
| The Oakwood School Greenville, NC | Monk Family Scholars/General FD | $200,000 |
| NC Aquarium Society Raleigh, NC | Various Programs | $200,000 |
| Saint Mary's School Raleigh, NC | Various Programs | $166,667 |
| NC Musuem of Art Foundation Raleigh, NC | Various Programs | $166,667 |
| Pitt Community College Foundation Greenville, NC | 15 in Five Endowment Campaign | $125,000 |
| Heart of ENC Greenville, NC | Various Programs | $100,000 |
| Schwab Charitable Fund Winston-Salem, NC | Donor Advised | $50,000 |
| ECU Health Foundation Greenville, NC | Invest in Our Future Fund | $50,000 |
| Greenville Community Shelters Inc Greenville, NC | Building Project Fund | $50,000 |
Ready to take the next step with Bill & Agnes Monk Family Foundation?
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 | $21,778,702 | $2,822,405 | $1,888,373 | $1,709,334 | 40 | $1,762,780 | $2,751,873 | $2,259,031 |
| 2024 | $20,890,163 | $4,727,702 | $1,571,754 | $1,445,168 | 19 | $1,504,633 | $4,660,730 | $1,987,246 |
| 2023 | $17,764,908 | $1,036,100 | $1,560,606 | $1,462,500 | 19 | $1,514,056 | $909,990 | $1,563,898 |
| 2022 | $18,350,921 | $123,386 | $1,553,574 | $1,444,810 | 18 | $1,490,959 | $390,998 | $1,268,285 |
| 2021 | $19,844,424 | $1,611,196 | $1,298,517 | $1,228,550 | 17 | $1,247,382 | $1,420,827 | $1,692,177 |
| 2020 | $19,605,281 | $499,450 | $868,876 | $802,500 | 21 | — | $433,654 | $1,330,438 |
Under IRS private-foundation payout rules, Bill & Agnes Monk Family Foundation reported a distributable amount of $2.3M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for organizations working in areas such as education, healthcare, arts and culture, and human services. For example, The Oakwood School says it seeks to develop students’ character, creativity, and wisdom; Saint Mary’s School describes itself as an independent college-preparatory girls’ school; and the Pitt Community College Foundation says it secures resources for scholarships, academic programs, and other college activities.
Other 2025 recipients include UNC Health Foundation, which says it inspires philanthropic support for UNC Health and UNC School of Medicine, and Greenville Community Shelters Inc., which received a grant for a building project fund.
Grantmaking
In 2025, the foundation made 40 grants totaling $1,709,334. Grant amounts ranged from $2,500 to $250,000, with a median grant of $10,000. It made 19 grants totaling $1,445,168 in 2024 and 19 grants totaling $1,462,500 in 2023.
Among its largest 2025 grants were $250,000 to the University of North Carolina at Chapel Hill for various programs; $200,000 to The Oakwood School for the Monk Family Scholars/general fund; $200,000 to the NC Aquarium Society for various programs; and $166,667 each to Saint Mary’s School and the NC Museum of Art Foundation for various programs. Pitt Community College Foundation received $125,000 for its 15 in Five Endowment Campaign. Other grants included $100,000 to Heart of ENC for various programs and $50,000 each to ECU Health Foundation, Greenville Community Shelters Inc., Scouting for America, UNC Health Foundation, and Schwab Charitable Fund.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Aurelia Stafford Monk as President/Secretary, Molly Monk as Vice President, and William C. Monk Jr. as Chair/Treasurer.
Bill & Agnes Monk Family Foundation is led by Aurelia Stafford Monk, President & Secretary on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Aurelia Stafford Monk
President & Secretary
On filings since 2020
No compensation reported
William C. Monk Jr.
Chair & Treasurer
On filings since 2020
No compensation reported
Molly Monk
Vice President
On filings since 2021
No compensation reported
Former officers (1)
- Former: Molly Monk Mears (2020) — Vice President
Data from IRS Form 990 filings, 2020–2025. "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 Bill & Agnes Monk Family Foundation
How much does Bill & Agnes Monk Family Foundation give each year?
Bill & Agnes Monk Family Foundation gave $1.7M across 40 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.4M across 19 grants.
What is Bill & Agnes Monk Family Foundation's typical grant size?
Bill & Agnes Monk Family Foundation's median grant in 2025 was $10,000, and its average grant was $42,733, across 40 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Bill & Agnes Monk Family Foundation that year got $30K on average.
Where does Bill & Agnes Monk Family Foundation give grants?
Bill & Agnes Monk Family Foundation gives mostly in North Carolina: 88% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Georgia (8%). The most frequent recipient cities were Atlanta, GA (14 grants), Greenville, NC (10 grants), Raleigh, NC (3 grants) and Chapel Hill, NC (2 grants).
Does Bill & Agnes Monk Family Foundation give general operating support?
Yes: 10% of Bill & Agnes Monk Family Foundation's 2025 grants with a stated purpose (4 of 40) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Various Programs" (27 grants).
Who are Bill & Agnes Monk Family Foundation's largest grantees?
Bill & Agnes Monk Family Foundation's largest 2025 grantees include University of North Carolina ($250,000), The Oakwood School ($200,000) and NC Aquarium Society ($200,000), according to its 2025 IRS Form 990-PF. Together they received 38% of its itemized 2025 grant dollars.
How large is Bill & Agnes Monk Family Foundation?
Bill & Agnes Monk Family Foundation reported $21.8M in total assets on its 2025 IRS Form 990-PF. It paid out $1.8M in qualifying distributions that year, against a required minimum of $2.3M (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 does Bill & Agnes Monk Family Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants show support for organizations working in areas such as education, healthcare, arts and culture, and human services. See mission & focus areas ↑
How do I apply for a grant from Bill & Agnes Monk Family Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Bill & Agnes Monk Family Foundation's EIN?
Bill & Agnes Monk Family Foundation's EIN (Employer Identification Number) is 47-5450179. IRS Form 990 filing data is available on this page for 2020–2025.
Does Bill & Agnes Monk Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 10, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
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Cite this profile
Grantable. (2026). Bill & Agnes Monk Family Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/bill-and-agnes-monk-family-foundation-morg_680eb78990b14cb997d5eaf8f23c90d4
BibTeX
@misc{grantable_475450179_2026,
author = {{Grantable}},
title = {{Bill \& Agnes Monk Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/bill-and-agnes-monk-family-foundation-morg_680eb78990b14cb997d5eaf8f23c90d4},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Bill & Agnes Monk Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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