Bill & Peggy Britt Foundation Inc
Bill & Peggy Britt Foundation Inc is a private foundation, based in Chapel Hill, NC. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $56.6M in total assets. In 2025, it awarded 7 grants totaling $25.0M. Net investment income was $237K.
Bill & Peggy Britt Foundation Inc at a glance
In short: Bill & Peggy Britt Foundation Inc gave $25.0M across 7 grants in 2025 (avg $3.6M), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $25,020,000
- +734.0% vs 2024
- Grants made (2025)
- 7
- +250.0% vs 2024
- Average grant
- $3,574,286
- +138.3% vs 2024
- Median grant
- $5,000,000
- Total assets
- $56,550,174
- +20161.0% vs 2024
- Primary geography
- North Carolina (72% 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 Bill & Peggy Britt Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was William Peace University ($5.0M). Together the top 7 received $25.0M.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was in the $1–5M range: 9 grants of 22 (41%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
Cities
How Bill & Peggy Britt Foundation Inc gives
- Giving grew 400% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). 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 2022 to 2025, annual grant giving ranged from $2.0M (2023) to $25.0M (2025). In 2025 it made 7 grants totaling $25.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| William Peace University Raleigh, NC | Scholarship Fund & Education | $5,000,000 |
| Samaritan's Purse Boone, NC | Assisting Families & Individuals in Need | $5,000,000 |
| Hayes Barton Baptist Church Raleigh, NC | Religious | $5,000,000 |
| St Jude Children's Research Hospita Memphis, TN | Pediatric Cancer Research, Care & Treatment | $5,000,000 |
| SPCA of Wake County Raleigh, NC | Care & Adoption of Pets | $2,020,000 |
| Jacksonville Humane Society Jacksonville, FL | Assisting Abandoned Pets | $2,000,000 |
| Animal Protection Society Mebane, NC | Care & Adoption of Pets | $1,000,000 |
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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 | $56,550,174 | $80,857,413 | $25,122,055 | $25,020,000 | 7 | $25,020,000 | $237,413 | $1,066,254 |
| 2024 | $279,108 | $3,011,583 | $3,004,029 | $3,000,000 | 2 | $3,000,000 | $11,583 | — |
| 2023 | $271,554 | $2,009,976 | $2,006,659 | $2,000,000 | 6 | $2,000,000 | $9,976 | — |
| 2022 | $268,237 | $5,268,412 | $5,000,175 | $5,000,000 | 7 | $5,000,000 | $18,412 | $32,355 |
Under IRS private-foundation payout rules, Bill & Peggy Britt Foundation Inc reported a distributable amount of $1.1M for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Bill & Peggy Britt Foundation Inc is led by J. William Blue Jr., President since 2025 (on filings since 2022); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
J. William Blue Jr.
President
Vice President → President, 2025
On filings since 2022
No compensation reported
Jean E. Britt
Vice President
Secretary → Vice President, 2025
On filings since 2022
No compensation reported
Thom W. Cox
Secretary
New on the 2025 filing
No compensation reported
Former officers (1)
- Former: G. Bryant Garner (2022–2024) — President
Data from IRS Form 990 filings, 2022–2025. "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 & Peggy Britt Foundation Inc
How much does Bill & Peggy Britt Foundation Inc give each year?
Bill & Peggy Britt Foundation Inc gave $25.0M across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3.0M across 2 grants.
What is Bill & Peggy Britt Foundation Inc's typical grant size?
Bill & Peggy Britt Foundation Inc's median grant in 2025 was $5,000,000, and its average grant was $3,574,286, across 7 grants on its 2025 IRS Form 990-PF.
Where does Bill & Peggy Britt Foundation Inc give grants?
Bill & Peggy Britt Foundation Inc gives mostly in North Carolina: 72% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Tennessee (20%) and Florida (8%). The most frequent recipient cities were Raleigh, NC (3 grants).
Does Bill & Peggy Britt Foundation Inc give general operating support?
Not in 2025: none of the 7 grants with a stated purpose on Bill & Peggy Britt Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
Who are Bill & Peggy Britt Foundation Inc's largest grantees?
Bill & Peggy Britt Foundation Inc's largest 2025 grantees include William Peace University ($5,000,000), Samaritan's Purse ($5,000,000) and Hayes Barton Baptist Church ($5,000,000), according to its 2025 IRS Form 990-PF. Together they received 60% of its itemized 2025 grant dollars.
How large is Bill & Peggy Britt Foundation Inc?
Bill & Peggy Britt Foundation Inc reported $56.6M in total assets on its 2025 IRS Form 990-PF. It paid out $25.0M in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets).
What is Bill & Peggy Britt Foundation Inc's EIN?
Bill & Peggy Britt Foundation Inc's EIN (Employer Identification Number) is 88-1729194. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 3, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 26, 2026)
- IRS filings on file for fiscal years 2022–2024
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