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Cherry Bekaert Foundation

Foundation · Grantmaker Raleigh, NC EIN: 92-1413859 Website

CHERRY BEKAERT FOUNDATION IS COMMITTED TO CARRYING OUT OUR VALUE OF MAKING A DIFFERENCE IN OUR COMMUNITIES. WE ARE FOCUSED ON IMPACTING WHERE WE LIVE AND WORK THROUGH VOLUNTEERISM AND FINANCIAL SUPPORT OF NATIONAL AND LOCAL ORGANIZATIONS. OUR DEDICATION TO STRENGTHENING OUR COMMUNITIES AND BUILDING FOR A BETTER TOMORROW IS AT THE HEART OF WHAT WE DO.

Key facts about Cherry Bekaert Foundation

EIN
92-1413859
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$187,700
Grants made (2024)
7
Average grant
$26,814
Median grant
$18,000
Total assets
$884,109
Primary geography
Colorado (53% of itemized 2024 grant dollars)

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

Who Cherry Bekaert Foundation funds

By grant dollars, the top recipient states for Cherry Bekaert Foundation's 7 itemized 2024 grants were Colorado (53%), Florida (15%) and District of Columbia (10%). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Support the Organization's Mission" (7 grants).

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$884K

-21.5% YoY

Annual Giving

$188K

+1546.5% YoY

Grant Count

7

+250.0% YoY

Avg Grant Size

$27K

+370.4% YoY

About Cherry Bekaert Foundation

Based on IRS filings

Cherry Bekaert Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Raleigh, NC. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $884K in total assets. In 2024, it awarded 7 grants totaling $188K. Net investment income was $27K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of all 7 itemized 2024 grant dollars.

Cities

AtlantaAugustaColorado SpringsIndianapolisNashvilleSanta BarbaraTallahasseeTampaWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$315K$629K$944K$1M20232024
Metric20242023
Total Assets$884,109$1,126,314
Revenue$174,149$1,143,971
Expenses$386,329$55,691
Qualifying Distributions——
Net Investment Income$27,421$2,195
Distributable Amount——

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2023–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$47K$94K$141K$188K2 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Junior Achievement USA: $100KJunior Achievement USA$100KAmerican Red Cross: $18KAmerican Red Cross$18KDirect Relief: $18KDirect Relief$18KFeeding Florida Inc: $18KFeeding Florida Inc$18KThe Salvation Army - Emergency Disaster Services: $18KThe Salvation Army - EmergencyDisaster Services$18KOasis Opportunities: $10KOasis Opportunities$10KPeople Loving Nashville: $6KPeople Loving Nashville$6K

Grant Size Distribution

9 grants across all recorded years

8<$50K$50–100K1$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 Junior Achievement USA ($100,000), American Red Cross ($18,000), Direct Relief ($18,000).

RecipientPurposeAmount
JUNIOR ACHIEVEMENT USA Colorado Springs, COSUPPORT THE ORGANIZATION'S MISSION$100,000
AMERICAN RED CROSS Washington, DCSUPPORT THE ORGANIZATION'S MISSION$18,000
DIRECT RELIEF Santa Barbara, CASUPPORT THE ORGANIZATION'S MISSION$18,000
FEEDING FLORIDA INC Tallahassee, FLSUPPORT THE ORGANIZATION'S MISSION$18,000
THE SALVATION ARMY - EMERGENCY DISASTER SERVICES Atlanta, GASUPPORT THE ORGANIZATION'S MISSION$18,000
OASIS OPPORTUNITIES Tampa, FLSUPPORT THE ORGANIZATION'S MISSION$10,000
PEOPLE LOVING NASHVILLE Nashville, TNSUPPORT THE ORGANIZATION'S MISSION$5,700

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
Susan MoserPresident5—
Matthew SochaTreasurer & Secretary3—
Luis GallardoSecretary (Thru 9/2024)1—
Ann BehrensDirector1—
Jackie ConnorDirector1—
Cynthia DanielDirector1—
Amy DosikDirector (Thru 9/2024)1—
Doug HelmDirector1—
Melissa QuinnDirector1—
Brad SmithDirector1—
Mitchell WeintraubDirector1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Cherry Bekaert Foundation?

Cherry Bekaert Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Raleigh, NC. It holds $884K in total assets as of 2024.

How large is Cherry Bekaert Foundation?

As of 2024, Cherry Bekaert Foundation holds $884K in total assets with $174K in annual revenue. It awarded 7 grants totaling $188K in 2024.

Where does Cherry Bekaert Foundation operate?

Cherry Bekaert Foundation has awarded grants in California, Colorado, District of Columbia, Florida, Georgia, Indiana, Tennessee.

What size grants does Cherry Bekaert Foundation award?

In 2024, Cherry Bekaert Foundation awarded 7 grants totaling $188K — an average of about $27K per grant, based on its IRS Form 990 filings.

What is Cherry Bekaert Foundation's EIN?

Cherry Bekaert Foundation's EIN (Employer Identification Number) is 92-1413859. IRS Form 990 filing data is available on this page for 2023–2024.

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

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