Dr Michael & Sophia Yarborough

Private foundation · Grantmaker Raleigh, NC EIN: 83-0491533

Dr Michael & Sophia Yarborough is a private foundation, based in Raleigh, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $739K in total assets. In 2025, it awarded 3 grants totaling $55K. Net investment income was $129K.

Dr Michael & Sophia Yarborough at a glance

In short: Dr Michael & Sophia Yarborough gave $55K across 3 grants in 2025 (avg $18K), mostly in Utah. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$55,000
-38.9% vs 2024
Grants made (2025)
3
-25.0% vs 2024
Average grant
$18,333
-18.5% vs 2024
Median grant
$15,000
Total assets
$739,337
+13.0% vs 2024
Primary geography
Utah (55% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Dr Michael & Sophia Yarborough funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Best Friends Animal Society: $30KBest Friends Animal Society$30KFood Bank of Eastern NC: $15KFood Bank of Eastern NC$15KFirst Presbyterian Church: $10KFirst Presbyterian Church$10K

The largest 2025 recipient was Best Friends Animal Society ($30K). Together the top 3 received $55K.

Grant Size Distribution

26 grants across all recorded years

21<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 21 grants of 26 (81%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

RaleighRochesterDavidsonDurhamKanabTelluride

How Dr Michael & Sophia Yarborough gives

  • Giving fell 47% from 2022 to 2025. Method
  • In 2025 it paid out 88% 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

$0$50K$100K$150K$200K5 grants2020 6 grants2021 7 grants2022 6 grants2023 4 grants2024 3 grants2025

From 2020 to 2025, annual grant giving ranged from $55K (2025) to $158K (2023). In 2025 it made 3 grants totaling $55K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Best Friends Animal Society Kanab, UTFinancial Support$30,000
Food Bank of Eastern NC Raleigh, NCFinancial Support$15,000
First Presbyterian Church Raleigh, NCContinued Financial Support$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$739,337$147,225$75,750$55,0003$55,000$128,907$62,467
2024$654,175$117,249$108,169$90,0004$90,000$100,768$58,366
2023$647,508$81,136$173,530$157,5006$157,500$66,804$49,776
2022$740,425$99,503$120,600$103,5007$103,500$84,133$52,429
2021$763,459$220,630$112,651$94,5006$94,500$129,813$59,554
2020$705,417$186,515$104,164$88,0005—$122,446$46,385

Under IRS private-foundation payout rules, Dr Michael & Sophia Yarborough reported a distributable amount of $62K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Dr Michael & Sophia Yarborough is led by Michael F. Yarborough, Chairman & President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Michael F. Yarborough

    Chairman & President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Ben M. Yarborough

    Vice President, Secretary & Treasurer

    Board Member → Vice President, Secretary & Treasurer, 2024

    On filings since 2021

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: Sophia M. Yarborough (2020–2023) — Vice President, Secretary & Treasurer

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 Dr Michael & Sophia Yarborough

How much does Dr Michael & Sophia Yarborough give each year?

Dr Michael & Sophia Yarborough gave $55K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $90K across 4 grants.

What is Dr Michael & Sophia Yarborough's typical grant size?

Dr Michael & Sophia Yarborough's median grant in 2025 was $15,000, and its average grant was $18,333, across 3 grants on its 2025 IRS Form 990-PF.

Where does Dr Michael & Sophia Yarborough give grants?

Dr Michael & Sophia Yarborough gives mostly in Utah: 55% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was North Carolina (45%). The most frequent recipient cities were Raleigh, NC (2 grants).

Does Dr Michael & Sophia Yarborough give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Dr Michael & Sophia Yarborough's 2025 IRS Form 990-PF were described as general or operating support.

How large is Dr Michael & Sophia Yarborough?

Dr Michael & Sophia Yarborough reported $739K in total assets on its 2025 IRS Form 990-PF. It paid out $55K in qualifying distributions that year, against a required minimum of $62K (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 is Dr Michael & Sophia Yarborough's EIN?

Dr Michael & Sophia Yarborough's EIN (Employer Identification Number) is 83-0491533. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS April 29, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Live grants for the work Dr Michael & Sophia Yarborough funds

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Dr Michael & Sophia Yarborough'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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