Broadreach Foundation

Foundation · Grantmaker Raleigh, NC EIN: 56-2103334

Broadreach Foundation is a private foundation focused on Education, based in Raleigh, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $31K in total assets. In 2024, it awarded 6 grants totaling $11K. Net investment income was $32.

Key facts about Broadreach Foundation

EIN
56-2103334
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$10,510
Grants made (2024)
6
Average grant
$1,752
Median grant
$1,843
Total assets
$31,206
Primary geography
Michigan (35% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Broadreach Foundation funds

By grant dollars, the top recipient states for Broadreach Foundation's 6 itemized 2024 grants were Michigan (35%), Louisiana (30%) and Minnesota (22%). None of its 6 grants with a stated purpose were described as general or operating support. Recurring purposes include "Educational Tuition Assistance" (6 grants).

How Broadreach Foundation gives

  • Giving fell 41% from 2021 to 2024. Method
  • In 2024 it paid out 681% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$31K

-0.9% YoY

Annual Giving

$11K

-39.6% YoY

Grant Count

6

-33.3% YoY

Avg Grant Size

$2K

-9.5% YoY

Under IRS private-foundation payout rules, Broadreach Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About Broadreach Foundation

Based on IRS filings

Broadreach Foundation is a private foundation focused on Education, based in Raleigh, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $31K in total assets. In 2024, it awarded 6 grants totaling $11K. Net investment income was $32.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

17states

Share of all 6 itemized 2024 grant dollars.

Cities

BrooklynAnn ArborArlingtonBaltimoreBaytownBoulderBozemanBridgewaterDoylestownDurhamEast BridgewaterFairfieldFlintonGreenwell SpringsHollandMaconMadisonMinneapolisNorth SalemOakland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7K$14K$22K$29K20202021202220232024
Metric202420232022
Total Assets$31,206$31,489$48,194
Revenue$10,232$719$25,550
Expenses$10,515$17,424$15,415
Qualifying Distributions$10,515$17,424$14,255
Net Investment Income$32$34—
Distributable Amount$1,544$1,962$2,124

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$9K$13K$18K0 grants20208 grants20217 grants20229 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Daniel Lindsey: $3KDaniel Lindsey$3KMaren Stawarz: $2KMaren Stawarz$2KBrandon Yera: $2KBrandon Yera$2KHannah Stroebe: $2KHannah Stroebe$2KMaddy Hayward: $1KMaddy Hayward$1KAnika Grace: $360Anika Grace$360

Grant Size Distribution

30 grants across all recorded years

30<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Daniel Lindsey ($3,185), Maren Stawarz ($2,280), Brandon Yera ($2,000).

RecipientPurposeAmount
Daniel Lindsey Greenwell Springs, LAeducational tuition assistance$3,185
Maren Stawarz Minneapolis, MNeducational Tuition Assistance$2,280
Brandon Yera Richmond, MIeducational tuition assistance$2,000
Hannah Stroebe Holland, MIEducational Tuition Assistance$1,685
Maddy Hayward salem, MAEducational Tuition Assistance$1,000
Anika Grace brooklyn, NYeducational Tuition assistance$360

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Arisa YoonPresident1—
Hunter RimmerVice presidet1—
Sara StinnetteBoard member1—
Kristin Anthonyboard member1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Broadreach Foundation?

Broadreach Foundation is a private foundation focused on Education, based in Raleigh, NC. It holds $31K in total assets as of 2024.

How large is Broadreach Foundation?

As of 2024, Broadreach Foundation holds $31K in total assets with $10K in annual revenue. It awarded 6 grants totaling $11K in 2024.

Where does Broadreach Foundation operate?

Broadreach Foundation has awarded grants in California, Colorado, Connecticut, Florida, Georgia, Illinois, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, Montana, North Carolina, New York, Pennsylvania, Texas, Virginia.

What size grants does Broadreach Foundation award?

In 2024, Broadreach Foundation awarded 6 grants totaling $11K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Broadreach Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Broadreach Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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