SEE SCHEDULE O
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$423.1M
+8.2% YoY
Annual Giving
$15.4M
+9.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$15.4M
+9.9% YoY
About Educational Foundation
Based on IRS filings
Educational Foundation is a nonprofit organization focused on Education, based in CHAPEL HILL, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $423.1M in total assets. In 2024, it awarded 1 grants totaling $15.4M. Net investment income was $16.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $423,089,958 | $390,931,229 | $400,369,374 |
| Revenue | $23,391,900 | $25,424,536 | $25,037,284 |
| Expenses | $15,179,740 | $14,052,980 | $12,994,195 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $16,590,603 | $15,386,308 | $13,981,575 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Educational Foundation Inc ($15,351,880).
| Recipient | Purpose | Amount |
|---|---|---|
| THE EDUCATIONAL FOUNDATION INC CHAPEL HILL, NC | SCHOLARSHIPS | $15,351,880 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEN WILLIAMS | INVESTMENT COMMITTEE MEMBE | — | — |
| TOM CHEWNING | INVESTMENT COMMITTEE MEMBE | — | — |
| LOWRY CAUDILL | INVESTMENT COMMITTEE MEMBE | — | — |
| DWIGHT STONE | INVESTMENT COMMITTEE MEMBE | — | — |
| FRANK BRENNER | INVESTMENT COMMITTEE MEMBE | — | — |
| JOHN MONTGOMERY | EXECUTIVE DIRECTOR | — | — |
| KEN MACK | SENIOR ASSSOCIATE EXECUTIV | — | — |
| DIANE ALDRIDGE | CFO & GENERAL COUNSEL | — | — |
| MATT TERRELL | CHIEF STRATEGY & COMMUNICA | — | — |
| EMILY COBLE | SENIOR DIRECTOR OF FINANCE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Educational Foundation?
Educational Foundation is a nonprofit organization focused on Education, based in CHAPEL HILL, NC. It holds $423.1M in total assets as of 2024.
How large is Educational Foundation?
As of 2024, Educational Foundation holds $423.1M in total assets with $23.4M in annual revenue. It awarded 1 grants totaling $15.4M in 2024.
Where does Educational Foundation operate?
Educational Foundation has awarded grants in North Carolina.
What size grants does Educational Foundation award?
In 2024, Educational Foundation awarded 1 grants totaling $15.4M — an average of about $15.4M per grant, based on its IRS Form 990 filings.
What is Educational Foundation's EIN?
Educational Foundation's EIN (Employer Identification Number) is 56-6094839. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Educational Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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