Ellen & Munroe Best Family Foundation
Ellen & Munroe Best Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLDSBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $975K in total assets. In 2024, it awarded 27 grants totaling $51K. Net investment income was $39K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$975K
+53.1% YoY
Annual Giving
$51K
-19.6% YoY
Grant Count
27
-6.9% YoY
Avg Grant Size
$2K
-13.7% YoY
Under IRS private-foundation payout rules, Ellen & Munroe Best Family Foundation reported a distributable amount of $109K for 2024 — the minimum it must pay out in qualifying distributions.
About Ellen & Munroe Best Family Foundation
Based on IRS filings
Ellen & Munroe Best Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLDSBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $975K in total assets. In 2024, it awarded 27 grants totaling $51K. Net investment income was $39K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $975,316 | $636,878 | $671,109 |
| Revenue | $390,975 | $31,666 | $132,490 |
| Expenses | $52,131 | $65,481 | $111,756 |
| Qualifying Distributions | $50,720 | $63,100 | $111,700 |
| Net Investment Income | $39,452 | $29,285 | $29,041 |
| Distributable Amount | $108,658 | $74,134 | $70,253 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
149 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include 1st Presbyterian Church ($11,500), East Carolina University ($8,250), The Jane Family Foundation ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARTS COUNCIL OF WAYNE COUNTY GOLDSBORO, NC | SUPPORT MISSION OF ORGANIZATION | $500 |
| BOYS SCOUTS OF TUSCORORA GOLDSBORO, NC | SUPPORT MISSION OF ORGANIZATION | $2,500 |
| CAMPBELL UNIVERSITY BUIES CREEK, NC | SUPPORT MISSION OF ORGANIZATION | $1,000 |
| COMMUNITY SOUP KITCHEN OF GOLDSBORO GOLDSBORO, NC | SUPPORT MISSION OF ORGANIZATION | $500 |
| CORE SOUND WATERFOUL MUSEUM HARKERS ISLAND, NC | SUPPORT MISSION OF ORGANIZATION | $350 |
| FRIENDS OF NC MARITIME MUSEUM BEAUFORT, NC | SUPPORT MISSION OF ORGANIZATION | $300 |
| MEREDITH COLLEGE RALEIGH, NC | SUPPORT MISSION OF ORGANIZATION | $300 |
| THE JANE FAMILY FOUNDATION Sarasota, FL | SUPPORT MISSION OF ORGANIZATION | $5,000 |
| NC MUSEUM OF HISTORY RALEIGH, NC | SUPPORT MISSION OF ORGANIZATION | $150 |
| PARAMOUNT THEATRE FOUNDATION MOUNT OLIVE, NC | SUPPORT MISSION OF ORGANIZATION | $400 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| C MONROE BEST | PRESIDENT | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ellen & Munroe Best Family Foundation?
Ellen & Munroe Best Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLDSBORO, NC. It holds $975K in total assets as of 2024.
How large is Ellen & Munroe Best Family Foundation?
As of 2024, Ellen & Munroe Best Family Foundation holds $975K in total assets with $391K in annual revenue. It awarded 27 grants totaling $51K in 2024.
Where does Ellen & Munroe Best Family Foundation operate?
Ellen & Munroe Best Family Foundation has awarded grants in Florida, Kentucky, North Carolina, South Carolina.
What size grants does Ellen & Munroe Best Family Foundation award?
In 2024, Ellen & Munroe Best Family Foundation awarded 27 grants totaling $51K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Ellen & Munroe Best Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ellen & Munroe Best Family Foundation reported a distributable amount of $109K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ellen & Munroe Best Family Foundation's EIN?
Ellen & Munroe Best Family Foundation's EIN (Employer Identification Number) is 56-1949712. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ellen & Munroe Best Family 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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