Broadreach Foundation
Broadreach Foundation is a private foundation focused on Education, based in Raleigh, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $69K in total assets. In 2025, it awarded 5 grants totaling $15K. Net investment income was $23.
Broadreach Foundation at a glance
In short: Broadreach Foundation gave $15K across 5 grants in 2025 (avg $3K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $15,118
- +43.8% vs 2024
- Grants made (2025)
- 5
- -16.7% vs 2024
- Average grant
- $3,024
- +72.6% vs 2024
- Median grant
- $4,085
- Total assets
- $69,030
- +121.2% vs 2024
- Primary geography
- New York (57% 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 Broadreach Foundation funds
How this funder distributes its grants
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 35 grants of 35 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
How Broadreach Foundation gives
- Giving held roughly steady from 2022 to 2025 (+6%). Method
- In 2025 it paid out 618% of 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 2021 to 2025, annual grant giving ranged from $11K (2024) to $18K (2021). In 2025 it made 5 grants totaling $15K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 5 individual scholarships Recipients not named | — | $15,118 |
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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 | $69,030 | $53,086 | $15,262 | $15,118 | 5 | $15,262 | $23 | $2,468 |
| 2024 | $31,206 | $10,232 | $10,515 | $10,510 | 6 | $10,515 | $32 | $1,544 |
| 2023 | $31,489 | $719 | $17,424 | $17,413 | 9 | $17,424 | $34 | $1,962 |
| 2022 | $48,194 | $25,550 | $15,415 | $14,255 | 7 | $14,255 | — | $2,124 |
| 2021 | $38,062 | $26,110 | $17,675 | $17,675 | 8 | $17,675 | $10 | $1,694 |
| 2020 | $30,728 | $5,219 | $1,113 | — | — | — | $33 | $1,410 |
Under IRS private-foundation payout rules, Broadreach Foundation reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Broadreach Foundation is led by Arisa Yoon, President on every filing since 2021; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Arisa Yoon
President
On filings since 2021
1 hr/week
No compensation reported
Hunter Rimmer
Vice Presidet
On filings since 2022
1 hr/week
No compensation reported
Angela Cumming
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Katie Payne
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (6)
- Former: Kristin Anthony (2020–2024) — Board Member
- Former: Sara Stinnette (2021–2024) — Board Member
- Former: Alexis Bolton (2020–2021) — At Large Director
- Former: Joel Collins (2020–2021) — Vice President
- Former: Motts Mueller (2020) — At Large Director
- Former: Robert Dallas (2020) — Treasurer
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 Broadreach Foundation
How much does Broadreach Foundation give each year?
Broadreach Foundation gave $15K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $11K across 6 grants.
What is Broadreach Foundation's typical grant size?
Broadreach Foundation's median grant in 2025 was $4,085, and its average grant was $3,024, across 5 grants on its 2025 IRS Form 990-PF.
Where does Broadreach Foundation give grants?
Broadreach Foundation gives mostly in New York: 57% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (34%) and North Carolina (9%).
Does Broadreach Foundation give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on Broadreach Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational Tuition Assistance" (5 grants).
How large is Broadreach Foundation?
Broadreach Foundation reported $69K in total assets on its 2025 IRS Form 990-PF. It paid out $15K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
What is Broadreach Foundation?
Broadreach Foundation is a private foundation focused on Education, based in Raleigh, NC. It holds $69K in total assets as of 2025.
What is Broadreach Foundation's EIN?
Broadreach Foundation's EIN (Employer Identification Number) is 56-2103334. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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 November 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS January 14, 2023)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 4, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 23, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 16, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
Live grants for the work Broadreach Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Broadreach Foundation's focus areas in our free grants database
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