Elias S Faison Foundation
Elias S Faison Foundation is a private foundation, based in Charlotte, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 1 grant totaling $107K. Net investment income was $99K.
Elias S Faison Foundation at a glance
In short: Elias S Faison Foundation gave $107K across 1 grant in 2025 (avg $107K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $107,374
- +2.6% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $107,374
- +2.6% vs 2024
- Median grant
- $107,374
- Total assets
- $2,047,656
- -0.3% vs 2024
- Primary geography
- North Carolina (100% 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 Elias S Faison Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Mecklenburg County Medical Society ($107K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Elias S Faison Foundation gives
- Giving held roughly steady from 2022 to 2025 (+6%). Method
- In 2025 it paid out 102% of its IRS minimum distribution (the 5% rule). 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
From 2020 to 2025, annual grant giving ranged from $95K (2023) to $117K (2021). In 2025 it made 1 grant totaling $107K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mecklenburg County Medical Society Charlotte, NC | Medical Society meetings and lectures | $107,374 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,047,656 | $116,333 | $124,358 | $107,374 | 1 | $107,374 | $99,349 | $104,911 |
| 2024 | $2,054,522 | $670,903 | $121,285 | $104,676 | 1 | $104,676 | $654,294 | $93,771 |
| 2023 | $1,503,207 | $55,014 | $109,308 | $94,617 | 1 | $94,617 | $41,505 | $93,402 |
| 2022 | $1,557,849 | $53,583 | $117,048 | $101,043 | 1 | $101,043 | $37,849 | $77,771 |
| 2021 | $1,621,738 | $90,429 | $132,623 | $116,586 | 1 | $116,586 | $45,835 | $81,347 |
| 2020 | $1,664,641 | $27,343 | $120,645 | $105,661 | 1 | — | $46,847 | $95,712 |
Under IRS private-foundation payout rules, Elias S Faison Foundation reported a distributable amount of $105K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Elias S Faison Foundation is led by Chirag K Patel MD, President since 2025 (on filings since 2023); none of the 20 officers listed in 2025 report compensation.
Officers on the 2025 filing
Chirag K Patel MD
President
Director → President-Elect, 2024
President-Elect → President, 2025
On filings since 2023
No compensation reported
Kiki Koufaliotis
Executive Director
On filings since 2024
No compensation reported
Freeman R Jackson Jr. MD
Director
On filings since 2022
No compensation reported
Kristine M Crimmins MD
Director
On filings since 2022
No compensation reported
Angela M Baker
Director
On filings since 2023
No compensation reported
Brandon W Conner MD
Director
On filings since 2023
No compensation reported
Hannah Florian MD
Director
On filings since 2024
No compensation reported
Scott Adams DO PhD
Director
On filings since 2024
No compensation reported
Zachary Morehouse DO MS
Director
On filings since 2024
No compensation reported
Amber Gombash MD
Director
New on the 2025 filing
No compensation reported
Helen Saenz DO
Director
New on the 2025 filing
No compensation reported
Louis H Zbinden III MD FACS
Director
New on the 2025 filing
No compensation reported
Michael Sulewski PA-C
Director
New on the 2025 filing
No compensation reported
Oladimeji Lanade MD
Director
New on the 2025 filing
No compensation reported
Rebecca E Hayes MD FAAFP
Ex-Officio
On filings since 2022
No compensation reported
Doug Swanson
Ex-Officio
Executive Director → Ex-Officio, 2025
On filings since 2023
No compensation reported
Bonnie Coyle Ronco MD MS
Ex-Officio
On filings since 2024
No compensation reported
Joshua Surowitz MD
President-Elect
Secretary & Treasurer → President-Elect, 2025
On filings since 2024
No compensation reported
Brian May MD
Secretary & Treasurer
New on the 2025 filing
No compensation reported
Faison Knox MD
Past President
New on the 2025 filing
No compensation reported
Former officers (34)
- Former: Anthony J Caprio MD (2022–2024) — Director
- Former: M Faison Knox MD (2022–2024) — President
- Former: Scott M Paviol MD (2022–2024) — Past President
- Former: Christopher E Lord MD (2023–2024) — Director
- Former: Jules Hurley MD (2023–2024) — Director
- Former: Justin P Favaro (2023–2024) — Director
- Former: Reed Friend MD (2023–2024) — Director
- Former: Euphemia W Mu MD (2024) — Director
- Former: Lamiaa Tolba DMSc PA-C (2024) — Director
- Former: May Brian (2024) — Director
- Former: P Susanne Miller PA-C (2024) — Director
- Former: Preeya A Patel DO (2024) — Director
- Former: Ricky McCormick MD (2024) — Director
- Former: Swanson Doug (2024) — Ex-Officio
- Former: Kate E Long MD (2020–2023) — President
- Former: Babak Mokari DO (2022–2023) — Director
- Former: Marc R Carruth MD (2022–2023) — Director
- Former: Bonnie Coyle (2023) — Ex-Officio
- Former: Neema Hooker (2023) — Ex-Officio
- Former: Susanne PA Miller (2023) — Director
- Former: Anna T Schmelzer MD (2022) — Director
- Former: Bennal M Perkins MD (2022) — Director
- Former: Douglas R Swanson MD FACEP (2022) — Ex-Officio
- Former: James Muller DO (2022) — Director
- Former: Jane S Harrell MD (2022) — Director
- Former: Katherine K Li MD (2022) — Director
- Former: Lacey A Kavanagh PA-C (2022) — Director
- Former: Matthew Brothers MD (2022) — Ex-Officio
- Former: Mawuse K Gbegnon MD (2022) — Director
- Former: Sandi D Buchanan ED (2022) — Executive Director
- Former: Zachary J Cappelo MD (2022) — Director
- Former: Elizabeth B. Moran MD (2020–2021) — Immediate Past-President
- Former: John R. Albert (2020–2021) — President
- Former: Sandra Buchanan (2020–2021) — Executive Director
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 Elias S Faison Foundation
How much does Elias S Faison Foundation give each year?
Elias S Faison Foundation gave $107K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $105K across 1 grant.
How large is Elias S Faison Foundation?
Elias S Faison Foundation reported $2.0M in total assets on its 2025 IRS Form 990-PF. It paid out $107K in qualifying distributions that year, against a required minimum of $105K (roughly 5% of its investment assets).
Where does Elias S Faison Foundation operate?
Elias S Faison Foundation has awarded grants in North Carolina.
What is Elias S Faison Foundation's EIN?
Elias S Faison Foundation's EIN (Employer Identification Number) is 56-6052820. 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
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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Figures come from Elias S Faison Foundation'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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