Enact Foundation
The Enact Foundation is a private foundation based in Raleigh, North Carolina. Established in 2022, it supports nonprofit organizations working to build more equitable communities where Enact employees live and work, with grantmaking focused on affordable housing, homelessness, and promoting homeownership.
Enact Foundation at a glance
In short: Enact Foundation gave $488K across 24 grants in 2025 (avg $20K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $488,370
- +3.1% vs 2024
- Grants made (2025)
- 24
- +9.1% vs 2024
- Average grant
- $20,349
- -5.5% vs 2024
- Median grant
- $8,750
- Total assets
- $3,081,616
- +1870.5% vs 2024
- Primary geography
- North Carolina (57% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Enact Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Its website says the application and decision process takes place in the spring and that nonprofit applicants should review its grant criteria and eligibility requirements. Eligible applicants must be 501(c)(3) charitable organizations and comply with the USA Patriot Act and the stated nondiscrimination requirements. The foundation excludes, among others, grants to individuals, private foundations, endowments, and memorials, as well as funding for sectarian or evangelic purposes, sports or recreational leagues, advertising, and certain media production.
- Contact
Mailing address: 8325 Six Forks Road, Raleigh, NC 27615
Phone: (800) 444-5664
Website: https://enactmi.com/
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Enact Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Blackbaud Giving Fund ($147K). Together the top 10 received $407K.
Grant Size Distribution
67 grants across all recorded years
The most common grant size was under $50K: 55 grants of 67 (82%).
Geographic Focus
Where this funder awards grants
The foundation says it supports nonprofits in communities where its employees live and work, locally and across the United States. In 2025, 57% of grant dollars went to recipients in North Carolina, 30% to South Carolina, 10% to Maryland, 2% to Colorado, and 1% to the District of Columbia.
Grant Distribution by State
Share of 2025 grant dollars across all 24 itemized grants.
Cities
How Enact Foundation gives
- 67% of 2025 grantees were also funded in 2024. Method
- Giving grew 4784% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $10K (2022) to $595K (2023). In 2025 it made 24 grants totaling $488K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Blackbaud Giving Fund Charleston, SC | Charitable | $147,370 |
| Food Bank of Central & Eastern NC Raleigh, NC | Charitable | $50,000 |
| Habitat for Humanity International Raleigh, NC | Charitable | $50,000 |
| Homefree USA Landover, MD | Charitable | $50,000 |
| CASA Raleigh, NC | Charitable | $35,000 |
| Meals on Wheels for Wake County Raleigh, NC | Charitable | $15,000 |
| Note in the Pocket Raleigh, NC | Charitable | $15,000 |
| Rebuilding Together of the Triangle Raleigh, NC | Charitable | $15,000 |
| Resources for Seniors Raleigh, NC | Charitable | $15,000 |
| The Center for Volunteer Giving Cary, NC | Charitable | $15,000 |
Ready to take the next step with Enact Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $3,081,616 | $3,450,000 | $524,770 | $488,370 | 24 | $488,370 | $26,173 |
| 2024 | $156,386 | $530,000 | $505,996 | $473,740 | 22 | $473,740 | $16,469 |
| 2023 | $132,382 | $761,975 | $629,593 | $594,728 | 20 | $594,728 | $13,358 |
| 2022 | — | $50,591 | $50,591 | $10,000 | 1 | $10,000 | — |
Under IRS private-foundation payout rules, Enact Foundation reported a distributable amount of $26K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated priorities are affordable housing, homelessness, and closing the minority homeownership gap. Its grant criteria also consider alignment with Enact’s mission and business priorities, sustainable and measurable outcomes, an organization’s financial position and income sources, and Enact employee engagement.
Its 2025 grantees illustrate a range of community services. CASA describes its work as providing stable, affordable rental housing for people experiencing or at risk of homelessness. Homefree USA says it specializes in homeownership development, foreclosure intervention, and financial empowerment, with a focus on helping minorities and women attain or maintain homeownership. Habitat for Humanity International describes a mission centered on eliminating poverty housing and building homes and community. Other 2025 recipients include the Food Bank of Central & Eastern NC, which says its mission is to nourish people and prevent hunger, and Note in the Pocket, which provides clothing to children in need.
Grantmaking
In filing year 2025, the foundation made 24 grants totaling $488,370. Grants ranged from $1,000 to $147,370; the median grant was $8,750.
Notable 2025 grants included $147,370 to The Blackbaud Giving Fund; $50,000 each to the Food Bank of Central & Eastern NC, Habitat for Humanity International, and Homefree USA; and $35,000 to CASA. The foundation also gave $15,000 each to Meals on Wheels for Wake County, Note in the Pocket, Rebuilding Together of the Triangle, Resources for Seniors, and The Center for Volunteer Giving.
Leadership & Key People
Officers and directors from IRS filings
Enact Foundation's 2025 filing lists 6 officers; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jorge Caceres
Director
On filings since 2022
1 hr/week
No compensation reported
Jose Bellido
Director
On filings since 2022
1 hr/week
No compensation reported
Melissa Hoffman
Director
On filings since 2022
1 hr/week
No compensation reported
Phillip Snow
Director
On filings since 2022
1 hr/week
No compensation reported
Susan Sullivan
Director
On filings since 2022
1 hr/week
No compensation reported
Lynn Shahabuddin
Director
On filings since 2023
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "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 Enact Foundation
How much does Enact Foundation give each year?
Enact Foundation gave $488K across 24 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $474K across 22 grants.
What is Enact Foundation's typical grant size?
Enact Foundation's median grant in 2025 was $8,750, and its average grant was $20,349, across 24 grants on its 2025 IRS Form 990-PF.
Where does Enact Foundation give grants?
Enact Foundation gives mostly in North Carolina: 57% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were South Carolina (30%) and Maryland (10%). The most frequent recipient cities were Raleigh, NC (16 grants) and Cary, NC (2 grants).
Does Enact Foundation give general operating support?
Not in 2025: none of the 24 grants with a stated purpose on Enact Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (24 grants).
Who are Enact Foundation's largest grantees?
Enact Foundation's largest 2025 grantees include The Blackbaud Giving Fund ($147,370), Food Bank of Central & Eastern NC ($50,000) and Habitat for Humanity International ($50,000), according to its 2025 IRS Form 990-PF. Together they received 51% of its itemized 2025 grant dollars.
How large is Enact Foundation?
Enact Foundation reported $3.1M in total assets on its 2025 IRS Form 990-PF. It paid out $488K in qualifying distributions that year, against a required minimum of $26K (roughly 5% of its investment assets).
What does Enact Foundation fund?
The foundation’s stated priorities are affordable housing, homelessness, and closing the minority homeownership gap. See mission & focus areas ↑
How do I apply for a grant from Enact Foundation?
The foundation states that it 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 Enact Foundation's EIN?
Enact Foundation's EIN (Employer Identification Number) is 88-3030341. IRS Form 990 filing data is available on this page for 2022–2025.
Does Enact Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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 June 10, 2026)
- IRS filings on file for fiscal years 2022–2024
Explore Open Grants
Browse active grant opportunities in Enact Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Enact Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/enact-foundation-morg_aa92c757f1784b639050586480277c60
BibTeX
@misc{grantable_883030341_2026,
author = {{Grantable}},
title = {{Enact Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/enact-foundation-morg_aa92c757f1784b639050586480277c60},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Enact 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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