Charles & Irene Nanney Foundation

Private foundation · Grantmaker Raleigh, NC EIN: 56-6046763

The Charles & Irene Nanney Foundation is a private foundation based in Raleigh, North Carolina. Its 2025 filing reports grants to charitable, educational, and civic organizations, with most grant dollars going to recipients in North Carolina.

Key facts about Charles & Irene Nanney Foundation

In short: Charles & Irene Nanney Foundation gave $164K across 23 grants in 2025 (avg $7K), mostly in North Carolina. 13% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
56-6046763
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$164,400
Grants made (2025)
23
Average grant
$7,148
Median grant
$2,500
New grantees (estimate)
13% first-time grantees (3 of 23, 2025)
Total assets
$2,889,119
Primary geography
North Carolina (96% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.9M

-0.0% YoY

Annual Giving

$164K

+5.4% YoY

Grant Count

23

+4.5% YoY

Avg Grant Size

$7K

+0.8% YoY

Under IRS private-foundation payout rules, Charles & Irene Nanney Foundation reported a distributable amount of $184K for 2025 — the minimum it must pay out in qualifying distributions.

Is Charles & Irene Nanney Foundation open to new grantees?

13%

first-time grantees, 2025

In 2025, 3 of 23 grantees (13%) were first-time recipients. First grants averaged $5K; repeat grants $8K. How we count

Medians: $2K first-time, $4K repeat.

  • 83% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−5%). Method
  • In 2025 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 (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its reported 2025 grants include support for education, charitable, civic, and medical purposes. Grantees’ own descriptions illustrate the range of organizations supported: Mars Hill University says it equips students through liberal arts study, character development, service, and responsible citizenship; Crisis Assistance Ministry says it assists and advocates for people in financial crisis; and Holy Angels says it provides care and support to people with intellectual and developmental disabilities and delicate medical conditions.

Grantmaking

In 2025, the foundation made 23 grants totaling $164,400. Grants ranged from $250 to $20,000, with a median of $2,500. Among the largest grants were $20,000 to Campbell University Law School for education, $18,750 to Mars Hill University for education, $17,700 to Crisis Assistance Ministry for charitable purposes, and $17,700 to The Salvation Army for civic purposes. Other notable awards included $16,000 to Wake Forest University and $15,000 to Gardner-Webb University, both for education, and $11,000 to United Way of Gaston County for civic purposes.

Your AI grants department

Ready to take the next step with Charles & Irene Nanney Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

In 2025, 96% of grant dollars went to recipients in North Carolina and 4% to recipients in Pennsylvania.

Grant Distribution by State

2states

Share of 2025 grant dollars across all 23 itemized grants.

Cities

GastoniaBelmontRaleighWinston-SalemBoiling SpringsCharlotteDallasMars HillBuies CreekWake ForestLewisburgAdvanceClemmonsLewisvilleWinston Salme

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K21 grants2020 17 grants2021 24 grants2022 24 grants2023 22 grants2024 23 grants2025

From 2020 to 2025, annual grant giving ranged from $138K (2021) to $173K (2022). In 2025 it made 23 grants totaling $164K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Campbell University Law School: $20KCampbell University Law School$20KMars Hill University: $19KMars Hill University$19KCrisis Assistance Ministry: $18KCrisis Assistance Ministry$18KThe Salvation Army: $18KThe Salvation Army$18KWake Forest University: $16KWake Forest University$16KGardner-Webb University: $15KGardner-Webb University$15KUnited Way of Gaston County: $11KUnited Way of Gaston County$11KStower Family YMCA: $10KStower Family YMCA$10KBucknell University: $7KBucknell University$7KHoly Angels Inc: $5KHoly Angels Inc$5K

The largest 2025 recipient was Campbell University Law School ($20K). Together the top 10 received $138K.

Grant Size Distribution

110 grants across all recorded years

110<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 110 grants of 110 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Campbell University Law School Raleigh, NCEducation$20,000
Mars Hill University Mars Hill, NCEducation$18,750
Crisis Assistance Ministry Gastonia, NCCharitable$17,700
The Salvation Army Charlotte, NCCIVIC$17,700
Wake Forest University Winston-Salem, NCEducation$16,000
Gardner-Webb University Boiling Springs, NCEducation$15,000
United Way of Gaston County Gastonia, NCCIVIC$11,000
Stower Family YMCA Belmont, NCCharitable$10,000
Bucknell University Lewisburg, PAEducation$7,000
Holy Angels Inc Belmont, NCCIVIC$5,250

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $2,889,119 $209,958 $211,278 $164,400 (23 grants)
2024 $2,890,439 $201,349 $198,236 $156,000 (22 grants)
2023 $2,887,326 $110,641 $198,021 $159,630 (24 grants)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,889,119$2,890,439$2,887,326
Revenue$209,958$201,349$110,641
Expenses$211,278$198,236$198,021
Qualifying Distributions$173,933$165,848$168,540
Net Investment Income$169,639$169,485$89,605
Distributable Amount$183,905$174,784$163,857

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS April 27, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Charles D Gray III, Mary Ellen Jennings, and David P Nanney Jr as trustees.

Charles & Irene Nanney Foundation's 2025 filing lists 3 officers; all 3 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Charles D. Gray III

    Trustee

    On filings since 2020

    2 hrs/week

    $2K (2020) → $2K (2025)

  • David P. Nanney Jr.

    Trustee

    On filings since 2020

    2 hrs/week

    $2K (2020) → $2K (2025)

  • Mary Ellen Jennings

    Trustee

    On filings since 2020

    2 hrs/week

    $2K (2020) → $2K (2025)

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.

Compensation Overview

From 2025 IRS filing

Charles D Gray III — Trustee: $2KCharles D Gray IIITrustee$2KMary Ellen Jennings — Trustee: $2KMary Ellen JenningsTrustee$2KDavid P Nanney Jr — Trustee: $2KDavid P Nanney JrTrustee$2K

The highest reported compensation on the 2025 filing was $2K, to Charles D Gray III (Trustee). 3 officers or directors reported compensation on that filing.

Contact

Mailing address: PO Box 19763, Raleigh, NC 27619-9766
Phone: (919) 848-0420

Frequently asked questions about Charles & Irene Nanney Foundation

How much does Charles & Irene Nanney Foundation give each year?

Charles & Irene Nanney Foundation gave $164K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $156K across 22 grants.

What is Charles & Irene Nanney Foundation's typical grant size?

Charles & Irene Nanney Foundation's median grant in 2025 was $2,500, and its average grant was $7,148, across 23 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Charles & Irene Nanney Foundation that year got $5K on average.

Where does Charles & Irene Nanney Foundation give grants?

Charles & Irene Nanney Foundation gives mostly in North Carolina: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Gastonia, NC (8 grants), Raleigh, NC (3 grants), Belmont, NC (3 grants) and Winston-Salem, NC (2 grants).

Does Charles & Irene Nanney Foundation give general operating support?

Not in 2025: none of the 23 grants with a stated purpose on Charles & Irene Nanney Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (11 grants), "Civic" (5 grants) and "Charitable" (4 grants).

Who are Charles & Irene Nanney Foundation's largest grantees?

Charles & Irene Nanney Foundation's largest 2025 grantees include Campbell University Law School ($20,000), Mars Hill University ($18,750) and Crisis Assistance Ministry ($17,700), according to its 2025 IRS Form 990-PF. Together they received 34% of its itemized 2025 grant dollars.

How large is Charles & Irene Nanney Foundation?

Charles & Irene Nanney Foundation reported $2.9M in total assets on its 2025 IRS Form 990-PF. It paid out $174K in qualifying distributions that year, against a required minimum of $184K (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 Charles & Irene Nanney Foundation fund?

No mission statement for the foundation is provided. Its reported 2025 grants include support for education, charitable, civic, and medical purposes. See mission & focus areas ↑

How do I apply for a grant from Charles & Irene Nanney Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Charles & Irene Nanney Foundation's EIN?

Charles & Irene Nanney Foundation's EIN (Employer Identification Number) is 56-6046763. IRS Form 990 filing data is available on this page for 2020–2025.

Does Charles & Irene Nanney Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Your AI grants department

Here's the math on researching Charles & Irene Nanney Foundation by hand.

Explore Open Grants

Browse active grant opportunities in Charles & Irene Nanney Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Duke Energy Foundation

Charlotte, NC

The Duke Energy Foundation funds workforce development, local economic development and recovery, disaster resilience, conservation, and economic opportunity in communities across North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. It reports more than $30 million in annual charitable grants; awards vary widely, with a 2024 median of $25,000, and applications of $20,000 or less are accepted on a rolling basis. Applicants should contact their local Foundation representative before applying.

Assets

$1.9M

Grants

41

Total Given

$25.6M

The David Belk Cannon Foundation

Gastonia, NC

The David Belk Cannon Foundation supports charitable organizations in areas including education, conservation, community services, and the arts, with most of its 2024 grants going to North Carolina recipients. Its 40 grants ranged from $1,500 to $1.5 million, with a median of $52,500. It funds only preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$132.5M

Grants

40

Total Given

$6.2M

Gaston Community Foundation

Gastonia, NC

Gaston Community Foundation supports nonprofit programs and organizational work addressing community needs, primarily in Gaston County, North Carolina, or benefiting its residents. Its 2024 grants had a median of about $17,000, though awards varied widely; its unrestricted community grant cycle offers awards up to $300,000. It accepts unsolicited requests through its competitive community grants cycle, with new applicants required to meet with staff before applying.

Philanthropy, Voluntarism & Grantmaking

Assets

$145.4M

Grants

168

Total Given

$10.3M

McLeod Foundation

Clayton, NC

The foundation supports a range of charitable organizations, including education, health, religious, and community-service recipients, primarily in North Carolina and also in Virginia. In 2025, it made 13 grants totaling $260,000, with awards ranging from $500 to $80,000 and a median of $10,000. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$2.4M

Grants

13

Total Given

$260K

LPL Financial Foundation Inc

Boston, MA

Assets

$7.8M

Grants

55

Total Given

$2.3M

Dover Foundation Inc

Shelby, NC

Dover Foundation Inc funds faith-based, educational, and human-service nonprofits, including projects such as renovations, food ministries, emergency services, youth programs, and scholarships, with priority given to Cleveland County, North Carolina; out-of-county groups may apply if their project benefits county residents. Its 2025 grants ranged from $300 to $151,000, with a median of $12,610. It accepts one request per calendar year from eligible tax-exempt organizations through its online application.

Assets

$22.8M

Grants

55

Total Given

$1.1M

The Howe Foundation Inc

Cherryville, NC

The Howe Foundation supports children’s participation in sports and women pursuing careers in the sports industry, while its grants also reach schools, health, youth, arts, and community organizations. Its 2025 grants ranged from $200 to $6,500, with a median of $1,000; most funding went to North Carolina, followed by Virginia. It gives only to preselected charitable organizations and does not accept unsolicited requests.

Assets

$2.3M

Grants

67

Total Given

$107K

W Russell and Patricia Davis Duke

Greenville, NC

Philanthropy, Voluntarism & Grantmaking

Assets

$398K

Grants

82

Total Given

$245K

United Way Worldwide

Alexandria, VA

United Way Worldwide supports community-focused work in health, youth opportunity, financial security, resilience, disaster recovery, education, and human services, including local United Way organizations. Its 2024 grants ranged from $5,100 to $736,333, with a median of $22,675, and went to recipients across multiple U.S. states; it describes its broader reach as global. No application process for unsolicited grant requests is specified.

Philanthropy, Voluntarism & Grantmaking

Assets

$68.0M

Grants

209

Total Given

$11.4M

The Cannon Foundation Inc

Concord, NC

The Cannon Foundation funds capital and equipment projects in human services, higher education, healthcare, and community programs, primarily for organizations with significant operations in North Carolina. Its 2025 grants ranged from $2,500 to $500,000, with a median award of $50,000. Organizations begin with an online inquiry form; the profile does not state whether unsolicited requests are accepted.

Assets

$351.7M

Grants

218

Total Given

$14.6M

Merancas Foundation Inc

Charlotte, NC

The Merancas Foundation funds nonprofits addressing economic hardship, especially through education, affordable housing, and services that support individual and community wellbeing. Its 2025 grants ranged from $10,000 to $1.8 million, with a median of $50,000, and it focuses on the Charlotte, Atlanta, and Trenton metropolitan areas. It accepts unsolicited requests through an online “Are We a Match” process; full proposals are by invitation for pre-approved applicants and current partners.

Assets

$174.4M

Grants

140

Total Given

$16.2M

Triangle Community Foundation Inc

Durham, NC

The foundation supports nonprofits working in cultural arts, education and youth, nonprofit capacity building, and sustainable communities, with discretionary grants focused on Durham, Orange, Wake, and Chatham Counties in North Carolina. Its 2025 grants had a median of $20,000, though amounts varied widely. Eligible nonprofits or fiscally sponsored organizations can apply through its online system during open grant cycles, so requests are accepted when a relevant cycle is open.

Philanthropy, Voluntarism & Grantmaking

Assets

$335.8M

Grants

599

Total Given

$26.7M

More Funders in North Carolina

Charles & Irene Nanney Foundation down — hundreds of funders to go?

Want AI to do this for you?