Duck Foundation Inc

Foundation · Grantmaker Charlotte, NC EIN: 26-1168713

Duck Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Charlotte, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $337K in total assets. In 2024, it awarded 20 grants totaling $14K. Net investment income was $68K.

Key facts about Duck Foundation Inc

EIN
26-1168713
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$13,667
Grants made (2024)
20
Average grant
$683
Median grant
$625
New grantees (estimate)
84% first-time grantees (16 of 19, 2024)
Total assets
$337,061
Primary geography
North Carolina (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Duck Foundation Inc funds

By grant dollars, the top recipient states for Duck Foundation Inc's 20 itemized 2024 grants were North Carolina (100%). The most frequent recipient cities were Charlotte, NC (10 grants) and Morganton, NC (8 grants). None of its 20 grants with a stated purpose were described as general or operating support. Recurring purposes include "Donation" (20 grants).

Is Duck Foundation Inc open to new grantees?

84%

first-time grantees, 2024

In 2024, 16 of 19 grantees (84%) were first-time recipients. First grants averaged $619; repeat grants $750. How we count

Medians: $500 first-time, $750 repeat.

  • 11% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−13%). Method
  • In 2024 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

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$337K

+25.3% YoY

Annual Giving

$14K

+8.5% YoY

Grant Count

20

-16.7% YoY

Avg Grant Size

$683.35

+30.2% YoY

Under IRS private-foundation payout rules, Duck Foundation Inc reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.

About Duck Foundation Inc

Based on IRS filings

Duck Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Charlotte, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $337K in total assets. In 2024, it awarded 20 grants totaling $14K. Net investment income was $68K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 20 itemized 2024 grant dollars.

Cities

CharlotteMorgantonHickoryLittle RockWaxhawBooneChalortteDallasDurhamMrgantonNebo

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$33K$65K$98K$131K20202021202220232024
Metric202420232022
Total Assets$337,061$268,917$217,606
Revenue$118,720$62,847$4,078
Expenses$14,584$11,536$10,690
Qualifying Distributions$13,667$12,600$9,200
Net Investment Income$68,400$59,818$2,087
Distributable Amount$14,597$10,807$8,073

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$8K$12K$16K11 grants202013 grants202120 grants202224 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Various: $2KVarious$2KWib Wib Foundation: $2KWib Wib Foundation$2KDebbie Robinson: $1KDebbie Robinson$1KHouse of Refuge Burke: $1KHouse of Refuge Burke$1KSalvation Army: $1KSalvation Army$1KThe Lighthouse for Boys: $850The Lighthouse for Boys$850Burke United Christian: $750Burke United Christian$750First Baptist Church: $750First Baptist Church$750Glen Alpine Middle School: $750Glen Alpine Middle School$750LMC Linville United Methodist Church: $750LMC Linville United MethodistChurch$750

Grant Size Distribution

88 grants across all recorded years

88<$50K$50–100K$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 Various ($1,517), Wib Wib Foundation ($1,500), Debbie Robinson ($1,000).

RecipientPurposeAmount
VARIOUS Charlotte, NCDONATION$1,517
WIB WIB FOUNDATION Charlotte, NCDONATION$1,500
DEBBIE ROBINSON Morganton, NCDONATION$1,000
HOUSE OF REFUGE BURKE Morganton, NCDONATION$1,000
SALVATION ARMY Hickory, NCDONATION$1,000
THE LIGHTHOUSE FOR BOYS Charlotte, NCDONATION$850
BURKE UNITED CHRISTIAN Morganton, NCDONATION$750
FIRST BAPTIST CHURCH Morganton, NCDONATION$750
GLEN ALPINE MIDDLE SCHOOL Nebo, NCDONATION$750
LMC LINVILLE UNITED METHODIST CHURCH Morganton, NCDONATION$750

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
Henry B CantrellPresident1—
Maude CantrellSecretary Treasurer0.5—
John F CantrellDirector0.5—
Frank W CantrellDirector0.25—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Duck Foundation Inc?

Duck Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Charlotte, NC. It holds $337K in total assets as of 2024.

How large is Duck Foundation Inc?

As of 2024, Duck Foundation Inc holds $337K in total assets with $119K in annual revenue. It awarded 20 grants totaling $14K in 2024.

Where does Duck Foundation Inc operate?

Duck Foundation Inc has awarded grants in Arkansas, North Carolina, Texas.

What size grants does Duck Foundation Inc award?

In 2024, Duck Foundation Inc awarded 20 grants totaling $14K — an average of about $683.35 per grant, based on its IRS Form 990 filings.

How much is Duck Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Duck Foundation Inc reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Duck Foundation Inc's EIN?

Duck Foundation Inc's EIN (Employer Identification Number) is 26-1168713. IRS Form 990 filing data is available on this page for 2020–2024.

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

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