Elias S Faison Foundation
Elias S Faison Foundation is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 1 grants totaling $105K. Net investment income was $654K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
+36.7% YoY
Annual Giving
$105K
+10.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$105K
+10.6% YoY
Under IRS private-foundation payout rules, Elias S Faison Foundation reported a distributable amount of $94K for 2024 — the minimum it must pay out in qualifying distributions.
About Elias S Faison Foundation
Based on IRS filings
Elias S Faison Foundation is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 1 grants totaling $105K. Net investment income was $654K.
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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 | $2,054,522 | $1,503,207 | $1,557,849 |
| Revenue | $670,903 | $55,014 | $53,583 |
| Expenses | $121,285 | $109,308 | $117,048 |
| Qualifying Distributions | $104,676 | $94,617 | $101,043 |
| Net Investment Income | $654,294 | $41,505 | $37,849 |
| Distributable Amount | $93,771 | $93,402 | $77,771 |
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 Mecklenburg County Medical Society ($104,676).
| Recipient | Purpose | Amount |
|---|---|---|
| MECKLENBURG COUNTY MEDICAL SOCIETY CHARLOTTE, NC | Medical Society meetings and lectures | $104,676 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Justin P Favaro | Director | — | — |
| Anthony Caprio MD | Director | — | — |
| Kristine M Crimmins MD | Director | — | — |
| Christopher E Lord MD | Director | — | — |
| Jules Hurley MD | Director | — | — |
| Freeman R Jackson Jr MD | Director | — | — |
| Angela M Baker | Director | — | — |
| Joshua Surowitz MD | Sec / Treasurer | — | — |
| Brandon W Conner MD | Director | — | — |
| M Faison Knox MD | President | — | — |
| May Brian | Director | — | — |
| P Susanne Miller PA-C | Director | — | — |
| Scott M Paviol MD | Past President | — | — |
| Chirag K Patel MD | President-Elect | — | — |
| Reed Friend MD | Director | — | — |
| Bonnie Coyle Ronco MD MS | Ex-Officio | — | — |
| Kiki Koufaliotis | Executive Dir. | — | — |
| Rebecca E Hayes MD FAAFP | Ex-Officio | — | — |
| Hannah Florian MD | Director | — | — |
| Swanson Doug | Ex-Officio | — | — |
| Scott Adams DO PhD | Director | — | — |
| Euphemia W Mu MD | Director | — | — |
| Preeya A Patel DO | Director | — | — |
| Lamiaa Tolba DMSc PA-C | Director | — | — |
| Zachary Morehouse DO MS | Director | — | — |
| Ricky McCormick MD | Director | — | — |
Frequently Asked Questions
How large is Elias S Faison Foundation?
As of 2024, Elias S Faison Foundation holds $2.1M in total assets with $671K in annual revenue. It awarded 1 grants totaling $105K in 2024.
Where does Elias S Faison Foundation operate?
Elias S Faison Foundation has awarded grants in North Carolina.
What size grants does Elias S Faison Foundation award?
In 2024, Elias S Faison Foundation awarded 1 grants totaling $105K — an average of about $105K per grant, based on its IRS Form 990 filings.
How much is Elias S Faison Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Elias S Faison Foundation reported a distributable amount of $94K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Elias S Faison 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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