The Ella Ann L and Frank B Holding Foundation is a private foundation based in Smithfield, North Carolina. Its 2025 filing lists grants to charitable organizations, mostly in North Carolina, including educational institutions, a church, a symphony, a YMCA, and youth organizations.
Key facts about Ella Ann L and Frank B Holding Foundatio
In short: Ella Ann L and Frank B Holding Foundatio gave $1.3M across 94 grants in 2025 (avg $14K), mostly in North Carolina. 14% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 56-2002528
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $1,295,000
- Grants made (2025)
- 94
- Average grant
- $13,777
- Median grant
- $5,000
- New grantees (estimate)
- 14% first-time grantees (13 of 94, 2025)
- Total assets
- $18,204,415
- Primary geography
- North Carolina (91% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$18.2M
+0.3% YoY
Annual Giving
$1.3M
+27.3% YoY
Grant Count
94
-12.1% YoY
Avg Grant Size
$14K
+44.9% YoY
Under IRS private-foundation payout rules, Ella Ann L and Frank B Holding Foundatio reported a distributable amount of $1.4M for 2025 — the minimum it must pay out in qualifying distributions.
Is Ella Ann L and Frank B Holding Foundatio open to new grantees?
14%
first-time grantees, 2025
In 2025, 13 of 94 grantees (14%) were first-time recipients. First grants averaged $10K; repeat grants $14K. How we count
Medians: $5K first-time, $5K repeat.
- 79% of 2025 grantees were also funded in 2024. Method
- Giving grew 26% from 2022 to 2025. Method
- In 2025 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its grants include general support and scholarships. Among its 2024 grantees, Wake Forest University describes its work as higher education in liberal arts and graduate and professional fields; Saint Mary’s School describes itself as an independent college-preparatory girls’ school; and Triangle Land Conservancy says it works to protect clean water and natural habitats, support local farms, and connect people with nature.
Grantmaking
In 2025, the foundation made 94 grants totaling $1,295,000. Grant amounts ranged from $1,000 to $225,000, with a median of $5,000. The largest listed grants included $225,000 to Salem Academy & College for general support, $75,000 to Wake Forest University for general support, $70,000 to Centenary United Methodist Church for general support, and $51,000 to The Asheville School for scholarships. Other grants included $50,000 to North Carolina Symphony and $49,500 to YMCA of the Triangle Area, both for general support.
Ready to take the next step with Ella Ann L and Frank B Holding Foundatio?
Geographic Focus
Where this funder awards grants
In 2025, 91% of grant dollars went to recipients in North Carolina. The remaining shares went to Virginia (2%), Tennessee (2%), South Carolina (2%), and New York (1%).
Grant Distribution by State
Share of 2025 grant dollars across all 94 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $650K (2019) to $1.3M (2025). In 2025 it made 94 grants totaling $1.3M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Salem Academy & College ($225K). Together the top 10 received $674K.
Grant Size Distribution
533 grants across all recorded years
The most common grant size was under $50K: 517 grants of 533 (97%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Salem Academy & College Winston-Salem, NC | General Support | $225,000 |
| Wake Forest University Winston-Salem, NC | General Support | $75,000 |
| Centenary United Methodist Church Smithfield, NC | General Support | $70,000 |
| The Asheville School Asheville, NC | Scholarship | $51,000 |
| North Carolina Symphony Raleigh, NC | General Support | $50,000 |
| YMCA of the Triangle Area Inc Raleigh, NC | General Support | $49,500 |
| UNC Institute for the Environment Chapel Hill, NC | General Support | $47,000 |
| Saint Mary's School Raleigh, NC | General Support | $36,500 |
| Girl Scouts North Carolina Coastal Pines Raleigh, NC | General Support | $35,000 |
| Pullen Memorial Baptist Church Raleigh, NC | General Support | $35,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $18,204,415 | $1,475,680 | $1,419,673 | $1,295,000 |
| 2024 | $18,148,408 | $1,533,140 | $1,122,029 | $1,017,500 |
| 2023 | $17,737,297 | $922,752 | $1,060,281 | $972,500 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $18,204,415 | $18,148,408 | $17,737,297 |
| Revenue | $1,475,680 | $1,533,140 | $922,752 |
| Expenses | $1,419,673 | $1,122,029 | $1,060,281 |
| Qualifying Distributions | $1,296,754 | $1,019,275 | $974,289 |
| Net Investment Income | $1,058,493 | $1,115,052 | $502,657 |
| Distributable Amount | $1,419,823 | $1,291,512 | $1,031,031 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 7, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Olivia B Holding as president, Frank B Holding Jr as vice president, Hope Holding Bryant as treasurer, and Judith A Murray as secretary. Carson H Brice and Claire H Bristow are listed as directors.
Ella Ann L and Frank B Holding Foundatio is led by Olivia B. Holding, President on every filing since 2019; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Olivia B. Holding
President
On filings since 2019
0.5 hrs/week
No compensation reported
Carson H. Brice
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Claire H. Bristow
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Frank B. Holding Jr.
Vice President
On filings since 2019
0.5 hrs/week
No compensation reported
Hope Holding Bryant
Treasurer
Secretary & Treasurer → Treasurer, 2020
On filings since 2019
0.5 hrs/week
No compensation reported
Judith A. Murray
Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: Post Office Box 1415, Smithfield, NC 27577
Phone: (919) 414-2515
Frequently asked questions about Ella Ann L and Frank B Holding Foundatio
How much does Ella Ann L and Frank B Holding Foundatio give each year?
Ella Ann L and Frank B Holding Foundatio gave $1.3M across 94 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.0M across 107 grants.
What is Ella Ann L and Frank B Holding Foundatio's typical grant size?
Ella Ann L and Frank B Holding Foundatio's median grant in 2025 was $5,000, and its average grant was $13,777, across 94 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Ella Ann L and Frank B Holding Foundatio that year got $10K on average.
Where does Ella Ann L and Frank B Holding Foundatio give grants?
Ella Ann L and Frank B Holding Foundatio gives mostly in North Carolina: 91% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Raleigh, NC (29 grants), Smithfield, NC (11 grants), Winston-Salem, NC (5 grants) and Chapel Hill, NC (3 grants).
Does Ella Ann L and Frank B Holding Foundatio give general operating support?
Yes: 99% of Ella Ann L and Frank B Holding Foundatio's 2025 grants with a stated purpose (93 of 94) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Ella Ann L and Frank B Holding Foundatio's largest grantees?
Ella Ann L and Frank B Holding Foundatio's largest 2025 grantees include Salem Academy & College ($225,000), Wake Forest University ($75,000) and Centenary United Methodist Church ($70,000), according to its 2025 IRS Form 990-PF. Together they received 29% of its itemized 2025 grant dollars.
How large is Ella Ann L and Frank B Holding Foundatio?
Ella Ann L and Frank B Holding Foundatio reported $18.2M in total assets on its 2025 IRS Form 990-PF. It paid out $1.3M in qualifying distributions that year, against a required minimum of $1.4M (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 does Ella Ann L and Frank B Holding Foundatio fund?
No mission statement for the foundation is provided. Its grants include general support and scholarships. See mission & focus areas ↑
How do I apply for a grant from Ella Ann L and Frank B Holding Foundatio?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Ella Ann L and Frank B Holding Foundatio's EIN?
Ella Ann L and Frank B Holding Foundatio's EIN (Employer Identification Number) is 56-2002528. IRS Form 990 filing data is available on this page for 2019–2025.
Does Ella Ann L and Frank B Holding Foundatio accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Ella Ann L and Frank B Holding Foundatio by hand.
Explore Open Grants
Browse active grant opportunities in Ella Ann L and Frank B Holding Foundatio's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in North Carolina
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce development, local economic development and recovery, disaster resilience, conservation, and economic opportunity in communities across North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. It reports more than $30 million in annual charitable grants; awards vary widely, with a 2024 median of $25,000, and applications of $20,000 or less are accepted on a rolling basis. Applicants should contact their local Foundation representative before applying.
Assets
$1.9M
Grants
41
Total Given
$25.6M
North Carolina Community Foundation Inc
Raleigh, NC
The North Carolina Community Foundation supports local needs across North Carolina, especially in rural communities, including human services, education, youth development, health, food and nutrition, arts, and scholarships. Its 2025 grants had a median award of $15,000, though amounts varied widely; organizations may apply through the relevant affiliate, giving circle, or community fund, with eligibility and deadlines varying by program.
Assets
$569.1M
Grants
732
Total Given
$30.6M
Triangle Community Foundation Inc
Durham, NC
The foundation supports nonprofits working in cultural arts, education and youth, nonprofit capacity building, and sustainable communities, with discretionary grants focused on Durham, Orange, Wake, and Chatham Counties in North Carolina. Its 2025 grants had a median of $20,000, though amounts varied widely. Eligible nonprofits or fiscally sponsored organizations can apply through its online system during open grant cycles, so requests are accepted when a relevant cycle is open.
Assets
$335.8M
Grants
599
Total Given
$26.7M
State Employees Credit Union Foundation
Raleigh, NC
The foundation funds capital projects, regional or statewide programs, and organizational capacity building that strengthen North Carolina communities; it favors projects with broad or replicable impact and does not fund operating budgets or shortfalls. Its 2025 grants ranged from $1,250 to $1 million, with a median of $2,500. Applications are accepted at any time and typically reviewed semiannually.
Assets
$61.0M
Grants
1,806
Total Given
$17.4M
Foundation for the Carolinas
Charlotte, NC
Foundation For The Carolinas funds nonprofits and other eligible organizations working in areas such as education, health and human services, the environment, youth development, and animal welfare, primarily across 13 counties in North and South Carolina. Its 2024 grants had a median of $25,000, though amounts varied widely; most grants are donor-recommended and have no application process, while some competitive programs accept applications under program-specific rules.
Assets
$3.9B
Grants
1,605
Total Given
$609.1M
Dogwood Health Trust
Asheville, NC
Dogwood Health Trust funds organizations working to improve health and wellbeing through housing, education, economic opportunity, and health and wellness in Western North Carolina’s 18 counties and the Qualla Boundary. Its 2024 grants ranged from $2,000 to $21 million, with a median of $37,500; amounts vary by opportunity.
Assets
$2.0B
Grants
835
Total Given
$148.2M
The Winston-Salem Foundation
Winston-Salem, NC
The Winston-Salem Foundation funds nonprofits and community groups serving Forsyth County, North Carolina, across areas including education, housing, health, arts, community development, and human services. Its 2024 grants had a median of $25,000; specific programs offer up to $2,000 for small grants, $30,000 for civic engagement and inclusion, and $15,000 through The Women’s Fund. It accepts applications through its grants portal for listed programs, subject to their requirements and deadlines.
Assets
$630.1M
Grants
823
Total Given
$90.4M
The Community Foundation of Western North Carolina Inc
Asheville, NC
The Community Foundation of Western North Carolina funds nonprofits and public agencies working in cultural resources, education, human services and natural resources, with some programs also accepting faith communities. Grants serve 18 Western North Carolina counties and the Qualla Boundary; the median 2025 grant was $25,000, and the Human Services and Education program offers up to $25,000. Application access and deadlines vary by program; the profile does not state whether unsolicited requests are accepted.
Assets
$481.0M
Grants
793
Total Given
$59.4M
The Leon Levine Foundation
Charlotte, NC
The Leon Levine Foundation funds healthcare, human services, education, and Jewish community work, primarily benefiting people in North and South Carolina. Its 2025 grants ranged from $10,000 to $2.1 million, with a median of $60,000. It accepts unsolicited requests through an eligibility quiz and portal, starting with a letter of inquiry.
Assets
$1.9B
Grants
522
Total Given
$57.9M
NCHSAA Foundation Inc
Chapel Hill, NC
The foundation funds NCHSAA member schools for student-athletes’ physical, mental, and psychosocial wellness and life-skill development, including scholarships, programs, safety initiatives, and equipment. Its 2025 grants ranged from $750 to $5,000, with a median of $1,845, and nearly all funding went to North Carolina recipients. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$25.9M
Grants
498
Total Given
$967K
The Duke Endowment
Charlotte, NC
The Duke Endowment funds child and family well-being, health care, higher education at four named colleges and universities, and rural churches, primarily in North Carolina and South Carolina. Its 2024 grants ranged from $7,000 to $6.8 million, with a median of $200,000. The application process varies by program; the profile does not state whether unsolicited requests are accepted.
Assets
$3.6B
Grants
480
Total Given
$251.2M
The Morehead-Cain Foundation
Chapel Hill, NC
The Morehead-Cain Foundation funds the Morehead-Cain Scholars Program and undergraduate scholarships, with reported 2024 grants going to recipients in North Carolina. Its 409 grants ranged from $300 to $3,489,800, with a median of $28,200. The profile does not state whether it accepts unsolicited requests.
Assets
$225.0M
Grants
422
Total Given
$14.9M
More Funders in North Carolina
Ella Ann L and Frank B Holding Foundatio down — hundreds of funders to go?