D & L Reynolds Foundation Inc

ROXBORO, NC EIN: 87-4025420

D & L Reynolds Foundation Inc is a private foundation, based in ROXBORO, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 4 grants totaling $145K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.8M

+104.9% YoY

Annual Giving

$145K

-30.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$36K

-30.3% YoY

Under IRS private-foundation payout rules, D & L Reynolds Foundation Inc reported a distributable amount of $71K for 2024 — the minimum it must pay out in qualifying distributions.

About D & L Reynolds Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $711K (93%)

Missouri $50K (7%)

States

Missouri North Carolina

Cities

DurhamGoldsboroKansas CityRaleighRoxboro

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,835,314	$1,383,520	$1,591,705
Revenue	$1,597,589	$610	—
Expenses	$145,795	$208,795	$208,295
Qualifying Distributions	$145,795	$208,795	$208,295
Net Investment Income	—	—	—
Distributable Amount	$70,599	$76,053	$86,801

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Durham Rescue Mission ($75,000), Autism Society of North Carolina ($50,000), Person County Education Foundation ($10,000).

Recipient	Purpose	Amount
AUTISM SOCIETY OF NORTH CAROLINA RALEIGH, NC	TO SUPPORT THEIR WORK WITH FAMILIES AND INDIVIDUALS WITH SPECIAL NEEDS	$50,000
DURHAM RESCUE MISSION DURHAM, NC	TO SUPPORT THEIR EFFORTS PROVIDING FOOD AND SHELTER TO THE HOMELESS	$75,000
PERSON COUNTY EDUCATION FOUNDATION ROXBORO, NC	TO PROVIDE SCHOLARSHIPS TO GRADUATING HIGH SCHOOL STUDENTS INTERESTED IN DIVERSE CAREER CHOICES	$10,000
CRY FREEDOM MISSIONS GOLDSBORO, NC	TO SUPPORT THEIR WORK PROVIDING SHELTER, LONG-TERM CARE, AND TRANSITIONAL HOME FOR THOSE IN NEED.	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DALE L REYNOLDS	PRESIDENT	1	—
LORRAINE H REYNOLDS	SECRETARY	1	—

Frequently Asked Questions

How large is D & L Reynolds Foundation Inc?

As of 2024, D & L Reynolds Foundation Inc holds $2.8M in total assets with $1.6M in annual revenue. It awarded 4 grants totaling $145K in 2024.

Where does D & L Reynolds Foundation Inc operate?

D & L Reynolds Foundation Inc has awarded grants in Missouri, North Carolina.

What size grants does D & L Reynolds Foundation Inc award?

In 2024, D & L Reynolds Foundation Inc awarded 4 grants totaling $145K — an average of about $36K per grant, based on its IRS Form 990 filings.

How much is D & L Reynolds Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, D & L Reynolds Foundation Inc reported a distributable amount of $71K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.