Broyhill Family Foundation Inc
Broyhill Family Foundation Inc is a private foundation based in Lenoir, North Carolina. Established in 1946 by the founders of Broyhill Furniture Industries, it began by seeking to provide Caldwell County students with opportunities to attend college.
Broyhill Family Foundation Inc at a glance
In short: Broyhill Family Foundation Inc gave $1.7M across 86 grants in 2024 (avg $20K), mostly in North Carolina. 21% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,695,560
- +3.1% vs 2023
- Grants made (2024)
- 86
- +3.6% vs 2023
- Average grant
- $19,716
- -0.5% vs 2023
- Median grant
- $6,000
- Total assets
- $32,707,171
- +5.0% vs 2023
- New grantees (estimate)
- 21% first-time grantees (18 of 85, 2024)
- Primary geography
- North Carolina (90% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Broyhill Family Foundation Inc
- How to Apply
-
Submit a brief letter of inquiry first; if invited to proceed, submit the grant request and required materials by mail, email, or fax. The foundation’s 2024 filing says requests must meet 501(c)(3) qualifications, with preference for Caldwell County and surrounding areas.
- Review Cycle
- The website lists a grant cycle of January 2 through November 30. The 2024 filing states that there are no deadlines.
- Deadline
- The website lists a grant cycle of January 2 through November 30.
- Contact
Application contact: Broyhill Family Foundation Inc
Mailing address: 800 Hickory Blvd Sw, Lenoir, NC 28645
Phone: (828) 758-6100
Website: https://broyhillfamilyfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Broyhill Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Samaritan's Purse ($300K). Together the top 10 received $1.2M.
Grant Size Distribution
437 grants across all recorded years
The most common grant size was under $50K: 388 grants of 437 (89%).
Geographic Focus
Where this funder awards grants
The foundation’s website identifies Caldwell County, North Carolina, as a priority area and says it primarily considers charitable organizations there. In 2024, 90% of grant dollars went to North Carolina recipients, 6% to South Carolina, 2% to Virginia, and 1% each to New York and Missouri.
Grant Distribution by State
Share of 2024 grant dollars across all 86 itemized grants.
States
Cities
Is Broyhill Family Foundation Inc open to new grantees?
21%
first-time grantees, 2024
In 2024, 18 of 85 grantees (21%) were first-time recipients. First grants averaged $20K; repeat grants $20K. How we count
Medians: $2K first-time, $9K repeat.
- 69% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+15%). Method
- In 2024 it paid out 95% 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 (2020–2024). 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 2024, annual grant giving ranged from $1.5M (2021) to $1.7M (2022). In 2024 it made 86 grants totaling $1.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Samaritan's Purse Boone, NC | Religious Support | $300,000 |
| WMC Annual Conf of UMC Huntersville, NC | Religious Support | $300,000 |
| Caldwell Arts Council Lenoir, NC | Arts Support | $120,000 |
| Tomorrow's America Foundation Clover, SC | Youth Development | $100,000 |
| ASU Foundation Boone, NC | Arts Support | $89,700 |
| City of Lenoir Parks and Recreation Lenoir, NC | Parks & Recreation | $66,560 |
| Helping Hands Clinic Lenoir, NC | Health Support | $50,000 |
| Oak Hill Developmentcharter School Lenoir, NC | Educational Support | $50,000 |
| Caldwell County Yokefellow Lenoir, NC | Indigent Support | $40,000 |
| Baptist Children's Home of NC Thomasville, NC | Youth Development | $35,800 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $32,707,171 | $3,993,804 | $2,424,523 | $1,695,560 | 86 | $2,168,770 | $3,815,483 | $2,289,693 |
| 2023 | $31,135,496 | $4,007,926 | $2,254,235 | $1,645,170 | 83 | $2,062,994 | $3,844,018 | $2,110,693 |
| 2022 | $29,386,472 | $2,767,850 | $2,440,914 | $1,737,822 | 93 | $2,223,240 | $2,225,133 | $2,133,135 |
| 2021 | $29,055,658 | $2,608,395 | $1,955,365 | $1,480,340 | 87 | $1,823,671 | $2,376,701 | $2,078,210 |
| 2020 | $28,435,211 | $1,617,884 | $2,108,494 | $1,608,100 | 88 | — | $1,377,334 | $1,833,071 |
Under IRS private-foundation payout rules, Broyhill Family Foundation Inc reported a distributable amount of $2.3M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation says it provides college scholarships through endowments for programs and scholarships at North Carolina colleges and universities, rather than awarding scholarships directly to individuals. It also funds youth development programs with which it has a legacy. Health care research and programs are described as the second-largest portion of its bequests, including support for established funds and endowments at medical facilities, most of them in North Carolina.
After these areas, the foundation considers requests from charitable nonprofits, primarily in Caldwell County. It gives priority to bolstering programs already in place. The foundation says it supports a small number of organizations promoting free enterprise education, while discouraging new requests in that area; it also discourages requests from churches and public schools.
Examples of grantees’ work include Caldwell Arts Council, which says its mission is to promote the arts in Caldwell County, and Helping Hands Clinic, which says it improves the health of Caldwell County’s uninsured by providing access to an integrated health model. Caldwell County Yokefellow says it assists people in immediate need of food, clothing, household goods, or financial assistance. Tomorrows America Foundation says it conducts youth leadership conferences in North Carolina and South Carolina.
Grantmaking
In 2024, the foundation reported 86 grants totaling $1,695,560. Grant amounts ranged from $150 to $300,000, with a median grant of $6,000. Among the largest awards were $300,000 each to Samaritan’s Purse and WMC Annual Conf of UMC, both listed for religious support; $120,000 to Caldwell Arts Council for arts support; $100,000 to Tomorrows America Foundation for youth development; and $89,700 to ASU Foundation for arts support. Other awards included $66,560 to City of Lenoir Parks and Recreation, $50,000 to Helping Hands Clinic, and $50,000 to Oak Hill Development Charter School.
The foundation’s website asks prospective applicants to send a brief letter of inquiry stating the purpose and amount requested before submitting a full application. The foundation discourages unsolicited requests from organizations with which it does not already have a giving relationship. Eligible applicants are 501(c)(3) public charities with a 509(a)(1) or 509(a)(2) designation; organizations with a 509(a)(3) designation are told not to apply. Grants are not awarded to individuals. Application materials include the organization’s board list and financial statements; the foundation’s guidelines specify a formal audit or review where required, with an income/expense report and operating budget allowed for organizations below applicable financial thresholds. The website encourages one request per organization per calendar year.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists M Hunt Broyhill as chairman and CEO; Danny A Gilbert as vice president; Sheila Triplett-Brady as executive director; and Christopher R Pavese as investment officer. It also lists B Claire Broyhill and Caron J Broyhill as directors, and D Eugene Hendricks as director emeritus.
Broyhill Family Foundation Inc is led by M. Hunt Broyhill, Chairman & CEO since 2021 (on filings since 2020); none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
M. Hunt Broyhill
Chairman & CEO
President → Chairman & CEO, 2021
On filings since 2020
5 hrs/week
No compensation reported
Sheila Triplett-Brady
Executive Director
On filings since 2020
35 hrs/week
No compensation reported
B. Claire Broyhill
Director
On filings since 2020
No compensation reported
Caron J. Broyhill
Director
On filings since 2020
No compensation reported
Christopher R. Pavese
Investment Officer
On filings since 2020
5 hrs/week
No compensation reported
D. Eugene Hendricks
Director Emeritus
On filings since 2020
No compensation reported
Danny A. Gilbert
Vice President
On filings since 2020
5 hrs/week
No compensation reported
Former officers (2)
- Former: Paul H. Broyhill (2020) — Chairman
- Former: Wendy S. Sims (2020) — Secretary-Treasurer
Data from IRS Form 990 filings, 2020–2024. "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 Broyhill Family Foundation Inc
How much does Broyhill Family Foundation Inc give each year?
Broyhill Family Foundation Inc gave $1.7M across 86 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.6M across 83 grants.
What is Broyhill Family Foundation Inc's typical grant size?
Broyhill Family Foundation Inc's median grant in 2024 was $6,000, and its average grant was $19,716, across 86 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Broyhill Family Foundation Inc that year got $20K on average.
Where does Broyhill Family Foundation Inc give grants?
Broyhill Family Foundation Inc gives mostly in North Carolina: 90% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was South Carolina (6%). The most frequent recipient cities were Lenoir, NC (34 grants), Hickory, NC (9 grants), High Point, NC (4 grants) and Raleigh, NC (4 grants).
Does Broyhill Family Foundation Inc give general operating support?
Not in 2024: none of the 86 grants with a stated purpose on Broyhill Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Religious Support" (16 grants), "Health Support" (13 grants) and "Indigent Support" (10 grants).
Who are Broyhill Family Foundation Inc's largest grantees?
Broyhill Family Foundation Inc's largest 2024 grantees include Samaritan's Purse ($300,000), WMC Annual Conf of UMC ($300,000) and Caldwell Arts Council ($120,000), according to its 2024 IRS Form 990-PF. Together they received 42% of its itemized 2024 grant dollars.
How large is Broyhill Family Foundation Inc?
Broyhill Family Foundation Inc reported $32.7M in total assets on its 2024 IRS Form 990-PF. It paid out $2.2M 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 Broyhill Family Foundation Inc fund?
The foundation says it provides college scholarships through endowments for programs and scholarships at North Carolina colleges and universities, rather than awarding scholarships directly to individuals. It also funds youth development programs with which it has a legacy. See mission & focus areas ↑
How do I apply for a grant from Broyhill Family Foundation Inc?
Submit a brief letter of inquiry first; if invited to proceed, submit the grant request and required materials by mail, email, or fax. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Broyhill Family Foundation Inc's EIN?
Broyhill Family Foundation Inc's EIN (Employer Identification Number) is 56-6054119. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Broyhill Family Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/broyhill-family-foundation-inc-morg_da22e6c183bf4bccbfa8cd612de8277c
BibTeX
@misc{grantable_566054119_2026,
author = {{Grantable}},
title = {{Broyhill Family Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/broyhill-family-foundation-inc-morg_da22e6c183bf4bccbfa8cd612de8277c},
note = {Accessed 2026-10-14. 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 Broyhill Family Foundation Inc'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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