Chatham Foundation Inc
Chatham Foundation Inc is a private foundation based in Raleigh, North Carolina. Its 2025 filing states that, in general, grants will support economic development in Yadkin, Wilkes, Alleghany, and Surry counties in North Carolina.
Chatham Foundation Inc at a glance
In short: Chatham Foundation Inc gave $312K across 9 grants in 2025 (avg $35K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $312,000
- -28.7% vs 2024
- Grants made (2025)
- 9
- -40.0% vs 2024
- Average grant
- $34,667
- +18.9% vs 2024
- Median grant
- $15,000
- Total assets
- $5,594,580
- -0.1% vs 2024
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Chatham Foundation Inc
- How to Apply
-
The filing says the foundation does not restrict giving to preselected organizations. It directs applicants to contact Hank Dunbar and submit an application in letter form with documentation of nonprofit status. The filing states there are no restrictions or limitations on awards, while noting that grants generally support economic development in Yadkin, Wilkes, Alleghany, and Surry counties.
- Review Cycle
- September 1. The filing does not specify the year; this date is past as of September 28, 2026.
- Deadline
- September 1.
- Contact
Application contact: Hank Dunbar
Mailing address: 8510 Colonnade Drive - Cln15, Raleigh, NC 27615
Phone: (919) 716-2115
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Chatham Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Elkin Educational Foundation ($144K). Together the top 9 received $312K.
Grant Size Distribution
55 grants across all recorded years
The most common grant size was under $50K: 43 grants of 55 (78%).
Geographic Focus
Where this funder awards grants
All 2025 grant dollars went to recipients in North Carolina. The foundation’s filing identifies Yadkin, Wilkes, Alleghany, and Surry counties as its general economic-development focus.
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
States
Cities
How Chatham Foundation Inc gives
- Giving grew 89% from 2022 to 2025. Method
- In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2020 to 2025, annual grant giving ranged from $126K (2020) to $437K (2024). In 2025 it made 9 grants totaling $312K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Elkin Educational Foundation Statesville, NC | GRANT | $144,000 |
| Grace Clinic Elkin, NC | General Charitable Donation | $75,000 |
| North Carolina Dental Society Cary, NC | General Purpose | $38,000 |
| Town of Jonesville Jonesville, NC | GRANT | $25,000 |
| Children's Center of Surry Inc Dobson, NC | General Purpose | $15,000 |
| The Ark (Echo Ministry) Elkin, NC | General Purpose | $10,000 |
| Tri-County Christian Crisis Ministry Elkin, NC | General Purpose | $2,000 |
| Alleghany Cares Sparta, NC | General Purpose | $1,500 |
| Feed the Elderly State Road, NC | General Purpose | $1,500 |
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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 | $5,594,580 | $357,325 | $364,469 | $312,000 | 9 | $312,000 | $315,292 | $332,500 |
| 2024 | $5,601,322 | $470,266 | $479,631 | $437,386 | 15 | $437,386 | $427,641 | $311,341 |
| 2023 | $5,610,983 | $63,936 | $309,466 | $272,024 | 17 | $272,024 | $104,352 | $284,608 |
| 2022 | $5,853,935 | $354,216 | $213,964 | $165,000 | 10 | $165,000 | $317,238 | $267,613 |
| 2021 | $5,720,541 | $606,936 | $182,292 | $142,500 | 4 | $142,500 | $566,795 | $317,476 |
| 2020 | $5,275,316 | $282,875 | $254,674 | $126,125 | 16 | — | $248,944 | $264,250 |
Under IRS private-foundation payout rules, Chatham Foundation Inc reported a distributable amount of $333K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for organizations and public entities working in areas including education, health, community services, and dentistry. For example, the Children’s Center of Surry says its mission is to empower children and families through compassionate, collaborative support; Alleghany Cares describes its work as providing local relief and emergency services, including medical assistance and scholarships. The North Carolina Dental Society says it works to improve public oral health and promote dentistry.
Grantmaking
In 2025, the foundation made 9 grants totaling $312,000. Grants ranged from $1,500 to $144,000, with a median of $15,000. The largest awards were $144,000 to Elkin Educational Foundation, $75,000 to Grace Clinic, $38,000 to the North Carolina Dental Society, and $25,000 to the Town of Jonesville.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Mr. Stephen Motsinger as president, Mrs. Louise Neaves as vice president, Mr. James Freeman as treasurer and secretary, Mr. Chris Chatham as trustee, and Mr. Frank Hendrick as board member.
Chatham Foundation Inc is led by Stephen Motsinger, President on every filing since 2020; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Stephen Motsinger
President
On filings since 2020
1 hr/week
No compensation reported
Chris Chatham
Trustee
On filings since 2020
1 hr/week
No compensation reported
James Freeman
Treasurer & Secretary
On filings since 2020
1 hr/week
No compensation reported
Louise Neaves
Vice President
On filings since 2020
1 hr/week
No compensation reported
Frank Hendrick
Board Member
On filings since 2021
1 hr/week
No compensation reported
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 Chatham Foundation Inc
How much does Chatham Foundation Inc give each year?
Chatham Foundation Inc gave $312K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $437K across 15 grants.
What is Chatham Foundation Inc's typical grant size?
Chatham Foundation Inc's median grant in 2025 was $15,000, and its average grant was $34,667, across 9 grants on its 2025 IRS Form 990-PF.
Where does Chatham Foundation Inc give grants?
Chatham Foundation Inc gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Elkin, NC (3 grants).
Does Chatham Foundation Inc give general operating support?
Yes: 78% of Chatham Foundation Inc's 2025 grants with a stated purpose (7 of 9) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Chatham Foundation Inc's largest grantees?
Chatham Foundation Inc's largest 2025 grantees include Elkin Educational Foundation ($144,000), Grace Clinic ($75,000) and North Carolina Dental Society ($38,000), according to its 2025 IRS Form 990-PF. Together they received 82% of its itemized 2025 grant dollars.
How large is Chatham Foundation Inc?
Chatham Foundation Inc reported $5.6M in total assets on its 2025 IRS Form 990-PF. It paid out $312K in qualifying distributions that year, against a required minimum of $333K (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 Chatham Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants show support for organizations and public entities working in areas including education, health, community services, and dentistry. See mission & focus areas ↑
How do I apply for a grant from Chatham Foundation Inc?
The filing says the foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Chatham Foundation Inc's EIN?
Chatham Foundation Inc's EIN (Employer Identification Number) is 56-0771852. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2020–2024
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