CAHEC Foundation
CAHEC Foundation is a public charity based in Raleigh, North Carolina, formed in 2013. It supports programs intended to improve quality of life for residents of low-income communities served by CAHEC, with an emphasis on youth and young adults.
CAHEC Foundation at a glance
In short: CAHEC Foundation gave $185K across 11 grants in 2024 (avg $17K), mostly in North Carolina. 27% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $185,425
- +32.4% vs 2023
- Grants made (2024)
- 11
- +0.0% vs 2023
- Average grant
- $16,857
- +32.4% vs 2023
- Median grant
- $10,000
- Total assets
- $164,181
- -23.7% vs 2023
- New grantees (estimate)
- 27% first-time grantees (3 of 11, 2024; small sample)
- Primary geography
- North Carolina (66% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to CAHEC Foundation
- How to Apply
-
The published partner-grant guidelines direct eligible ownership entities to consult CAHEC’s Community Relations Specialist about eligibility and the application process. Disaster-relief requests are made to the foundation, which works with the property partner to assess damage and resident needs.
- Contact
Mailing address: 7700 Falls Of Neuse Rd 200, Raleigh, NC 27615
Phone: (919) 420-0063
Website: https://cahec.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who CAHEC Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Nahma ($45K). Together the top 10 received $180K.
Grant Size Distribution
54 grants across all recorded years
The most common grant size was under $50K: 54 grants of 54 (100%).
Geographic Focus
Where this funder awards grants
The foundation’s stated program purpose concerns low-income communities served by CAHEC. CAHEC describes its target market as 13 states—Alabama, Florida, Georgia, Kentucky, Maryland, Mississippi, North Carolina, New York, Pennsylvania, South Carolina, Tennessee, Virginia, and West Virginia—plus the District of Columbia. Its website describes foundation activities in North Carolina, including food distributions in Rocky Mount and Greensboro and a back-to-school event in Wilmington.
Grant Distribution by State
Share of 2024 grant dollars across all 11 itemized grants.
Cities
Is CAHEC Foundation open to new grantees?
27%
first-time grantees, 2024
In 2024, 3 of 11 grantees (27%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $15K; repeat grants $18K. How we count
Medians: $10K first-time, $13K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2021–2024). 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 2021 to 2024, annual grant giving ranged from $140K (2023) to $315K (2021). In 2024 it made 11 grants totaling $185K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Nahma Alexandria, VA | Post-Secondary Education Scholarships | $45,000 |
| Squared Away Response Carthage, NC | Disaster Relief Assistance | $30,425 |
| Inter-Faith Food Shuttle Raleigh, NC | Food Assistance Grant | $30,000 |
| YMCA of Western North Carolina Asheville, NC | Youth Leadership Initiative | $15,000 |
| Second Harvest Food Bank - NW NC Winston-Salem, NC | Food Assistance Grant | $15,000 |
| YMCA of Greater Louisville Louisville, KY | Youth Leadership Initiative | $10,000 |
| YMCA of the Triangle Area Inc Raleigh, NC | Youth Leadership Initiative | $10,000 |
| Humanities Foundation Charlotte, NC | Food Assistance Grant | $10,000 |
| YMCA of Greater Richmond Richmond, VA | Youth Leadership Initiative | $7,500 |
| YMCA of Greater Charlotte Charlotte, NC | Youth Leadership Initiative | $7,500 |
Ready to take the next step with CAHEC Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $164,181 | $239,342 | $239,901 | $185,425 | 11 |
| 2023 | $215,244 | $168,985 | $171,079 | $140,000 | 11 |
| 2022 | $177,719 | $274,578 | $268,570 | $228,000 | 14 |
| 2021 | $119,440 | $177,685 | $353,990 | $314,625 | 18 |
| 2020 | $285,631 | $650,529 | $592,029 | — | — |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated mission is to provide programs that improve quality of life for residents in low-income communities, with an emphasis on youth and young adults. Its stated program purpose is to create and enhance such programs in communities served by CAHEC.
Its website describes wellness grants for recreation areas and fitness equipment at eligible properties, as well as disaster-relief assistance for residents who lose access to basic needs or are displaced. The foundation has also described food distributions and a back-to-school event as community activities.
In 2022, the foundation supported organizations with varied missions. Inter-Faith Food Shuttle described its mission as feeding neighbors, teaching self-sufficiency, and growing healthy foods to help end hunger; Atlanta Community Food Bank described its mission as engaging, educating, and empowering the community to fight hunger. Goodwill Industries of Kentucky said it helps Kentuckians find pathways out of poverty. Grady Ponce Inc described its purpose as holding property title, collecting and distributing income to Grady Memorial Hospital Corporation, and carrying out related activities.
Grantmaking
The filing reports 14 grants totaling $228,000 in 2022, an average of about $16,286 per grant. It reports no grants in 2023 or 2024. Its 2024 filing, the latest on this page, reports 11 grants totaling $185,425.
Among the 2022 grants, Inter-Faith Food Shuttle received $33,000, Grady Ponce Inc received $18,750, Goodwill Industries of Kentucky received $15,000, and Atlanta Community Food Bank received $10,500.
The website describes a one-time Active Lifestyle Grant of up to $15,000 for a quality recreation area at a CAHEC-sponsored LIHTC property, and a one-time Rex Williams Wellness Grant of up to $8,500 for commercial-grade fitness equipment in a property wellness room. The published guidelines tie amounts to the combined net equity provided by CAHEC affiliates to the ownership entity. For the Active Lifestyle Grant, the ownership entity must invest at least $10,000 in the recreation area, and CAHEC may contribute up to 50% of total costs, subject to the applicable maximum. The guidelines call for early consultation and conditional approval, and say that an application may be submitted after the recreation area is installed; eligibility expires 60 days after the property’s construction completion date. For the wellness grant, the room must be complete, secure, and accessible to residents, and eligibility also expires 60 days after construction completion. Grantees are responsible for ongoing insurance, maintenance, and replacement costs. The guidelines say prior-grant compliance is considered and the foundation may deny an application.
The Disaster Relief Initiative offers up to $10,000 per qualifying disaster event for immediate resident needs, such as temporary shelter, emergency supplies, food, water, medical supplies, clothing, toiletries, or furniture replacement. A CAHEC-sponsored LIHTC property affected by an unexpected weather- or non-weather-related disaster may request assistance within 30 business days. Funding is considered case by case; a partner may apply once per event and may reapply for a separate disaster.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Amy Beros, Lamar Mowatt, and Scott Selig as directors; Dana Boole as president; Erin Griffin as vice president and treasurer; and Robert Landis as vice president and secretary.
CAHEC Foundation is led by Dana Boole, President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Dana Boole
President
On filings since 2020
4 hrs/week
No compensation reported
Scott Selig
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Amy Beros
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
Lamar Mowatt
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
Erin Griffin
Vice President & Treasurer
Treasurer → Vice President & Treasurer, 2022
On filings since 2020
10 hrs/week
No compensation reported
Robert Landis
Vice President & Secretary
Vice President → Vice President & Secretary, 2022
On filings since 2020
4 hrs/week
No compensation reported
Former officers (5)
- Former: Jennifer Whiteside (2020–2023) — Director
- Former: Bruce Ham (2021–2023) — Director
- Former: Rachel Ryan (2023) — Director
- Former: Andrew Foster (2020–2021) — Director
- Former: Kemper Baker (2020–2021) — Director
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 CAHEC Foundation
How much does CAHEC Foundation give each year?
CAHEC Foundation gave $185K across 11 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $140K across 11 grants.
What is CAHEC Foundation's typical grant size?
CAHEC Foundation's median grant in 2024 was $10,000, and its average grant was $16,857, across 11 grants on its 2024 IRS Form 990. Organizations receiving their first grant from CAHEC Foundation that year got $15K on average.
Where does CAHEC Foundation give grants?
CAHEC Foundation gives mostly in North Carolina: 66% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest states were Virginia (28%) and Kentucky (5%). The most frequent recipient cities were Raleigh, NC (3 grants) and Charlotte, NC (2 grants).
Does CAHEC Foundation give general operating support?
Not in 2024: none of the 11 grants with a stated purpose on CAHEC Foundation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Youth Leadership Initiative" (5 grants) and "Food Assistance Grant" (4 grants).
Who are CAHEC Foundation's largest grantees?
CAHEC Foundation's largest 2024 grantees include Nahma ($45,000), Squared Away Response ($30,425) and Inter-Faith Food Shuttle ($30,000), according to its 2024 IRS Form 990. Together they received 57% of its itemized 2024 grant dollars.
How large is CAHEC Foundation?
CAHEC Foundation reported $164K in total assets on its 2024 IRS Form 990. Its revenue that year was $239K.
What does CAHEC Foundation fund?
The foundation’s stated mission is to provide programs that improve quality of life for residents in low-income communities, with an emphasis on youth and young adults. Its stated program purpose is to create and enhance such programs in communities served by CAHEC. See mission & focus areas ↑
How do I apply for a grant from CAHEC Foundation?
The published partner-grant guidelines direct eligible ownership entities to consult CAHEC’s Community Relations Specialist about eligibility and the application process. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is CAHEC Foundation's EIN?
CAHEC Foundation's EIN (Employer Identification Number) is 46-0842173. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS August 12, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 29, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 20, 2025)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). CAHEC Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/cahec-foundation-morg_bf63234e1847439e814f0e13266291b4
BibTeX
@misc{grantable_460842173_2026,
author = {{Grantable}},
title = {{CAHEC Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/cahec-foundation-morg_bf63234e1847439e814f0e13266291b4},
note = {Accessed 2026-10-15. 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 CAHEC 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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