Evernham Family - Racing For A Reason
Evernham Family - Racing For A Reason is a private foundation based in Mooresville, North Carolina. Ray Evernham’s website says the foundation funds IGNITE, community centers for young adults with high-functioning autism or Asperger’s syndrome.
Evernham Family - Racing For A Reason at a glance
In short: Evernham Family - Racing For A Reason gave $823K across 31 grants in 2025 (avg $27K), mostly in North Carolina. 32% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $822,550
- +73.1% vs 2024
- Grants made (2025)
- 31
- -3.1% vs 2024
- Average grant
- $26,534
- +78.7% vs 2024
- Median grant
- $5,000
- Total assets
- $2,262,951
- +12.8% vs 2024
- New grantees (estimate)
- 32% first-time grantees (10 of 31, 2025)
- Primary geography
- North Carolina (94% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Evernham Family - Racing For A Reason
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 105 Bevan Drive, Mooresville, NC 28115
Phone: (704) 360-1500
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Evernham Family - Racing For A Reason funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Autism Society of NC ($297K). Together the top 10 received $765K.
Grant Size Distribution
141 grants across all recorded years
The most common grant size was under $50K: 131 grants of 141 (93%).
Geographic Focus
Where this funder awards grants
In 2025, 94% of grant dollars went to recipients in North Carolina. The remaining reported shares went to Florida (2%), Indiana (1%), Rhode Island (1%), and Wisconsin (1%).
Grant Distribution by State
Share of 2025 grant dollars across all 31 itemized grants.
States
Cities
Is Evernham Family - Racing For A Reason open to new grantees?
32%
first-time grantees, 2025
In 2025, 10 of 31 grantees (32%) were first-time recipients. First grants averaged $3K; repeat grants $38K. How we count
Medians: $2K first-time, $5K repeat.
- 52% of 2025 grantees were also funded in 2024. Method
- Giving grew 49% from 2022 to 2025. Method
- In 2025 it paid out 843% of its IRS minimum distribution (the 5% rule). 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $274K (2021) to $823K (2025). In 2025 it made 31 grants totaling $823K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Autism Society of NC Raleigh, NC | Contribution | $296,655 |
| Novant Health Foundation Charlotte, NC | Contribution | $250,000 |
| Speedway Children's Charities Concord, NC | Contribution | $82,000 |
| Motor Racing Outreach Concord, NC | Contribution | $60,000 |
| The Dale Jr Foundation Mooresville, NC | Contribution | $24,000 |
| Davidson Day School Davidson, NC | Contribution | $12,500 |
| Victory Junction Randleman, NC | Contribution | $10,000 |
| Indianapolis Motor Speedway Museum Indianapolis, IN | Contribution | $10,000 |
| Motorsports Charities Inc Daytona Beach, FL | Contribution | $10,000 |
| Audrain Automobile Museum Inc Newport, RI | Contribution | $10,000 |
Ready to take the next step with Evernham Family - Racing For A Reason?
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 | $2,262,951 | $1,394,470 | $947,700 | $822,550 | 31 | $911,341 | $337,592 | $108,091 |
| 2024 | $2,006,809 | $460,629 | $573,944 | $475,199 | 32 | $532,797 | $64,919 | $115,385 |
| 2023 | $2,129,581 | $479,772 | $882,956 | $786,761 | 32 | $855,365 | $76,505 | $120,331 |
| 2022 | $2,535,167 | $512,991 | $657,161 | $551,976 | 24 | $618,655 | $21,283 | $123,872 |
| 2021 | $2,689,120 | $413,012 | $324,131 | $273,807 | 22 | $282,171 | $199,216 | $144,440 |
| 2020 | $2,597,809 | $265,559 | $479,667 | $410,125 | 22 | — | $19,557 | $135,379 |
| 2019 | $2,847,667 | $531,115 | $367,071 | $296,232 | 29 | — | $61,709 | $131,222 |
Under IRS private-foundation payout rules, Evernham Family - Racing For A Reason reported a distributable amount of $108K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s website identifies support for IGNITE as its activity, describing the centers as serving young adults with high-functioning autism or Asperger’s syndrome. Its 2025 grants also went to organizations with varied charitable, educational, health, and community purposes.
Among those grantees, Speedway Children’s Charities says it raises funds and provides grants to nonprofits addressing children’s medical, educational, or social challenges. The Dale Jr Foundation describes its focus as providing underprivileged individuals, particularly youth, with resources to improve confidence and education. Davidson Day School describes itself as a Pre-K through 12th-grade college preparatory school focused on academic excellence, collaboration, creativity, and character development. Rescue Ranch says it promotes respect for animals and supports agricultural, environmental, and wildlife conservation, as well as rescue and responsible pet ownership.
Grantmaking
In filing year 2025, the foundation made 31 grants totaling $822,550. Grants ranged from $100 to $296,655, with a median of $5,000. The largest awards included $296,655 to The Autism Society of NC, $250,000 to Novant Health Foundation, $82,000 to Speedway Children’s Charities, and $60,000 to Motor Racing Outreach. Other listed awards included $24,000 to The Dale Jr Foundation, $12,500 to Davidson Day School, and $10,000 each to Victory Junction, Indianapolis Motor Speedway Museum, Motorsports Charities Inc, Audrain Automobile Museum Inc, and Hendrick Family Foundation.
The foundation states on its 2025 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Raymond D Evernham Jr as president. Directors are Erin C Evernham, William Evernham Sr, Raymond J Evernham, Emory Det Cullum, Richard D Russell, and Robert P Mack.
Evernham Family - Racing For A Reason is led by Raymond D Evernham Jr., President on every filing since 2019; 1 of 7 officers listed in 2025 is compensated.
Officers on the 2025 filing
Raymond D Evernham Jr.
President
On filings since 2019
3 hrs/week
No compensation reported
Emory Det Cullum
Director
On filings since 2020
3 hrs/week
$7K (2020) → $5K (2025)
Raymond J Evernham
Director
On filings since 2019
0.5 hrs/week
No compensation reported
William Evernham Sr.
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Erin C Evernham
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Richard D Russell
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Robert P Mack
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Ann Eaton (2019) — Director
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $5K, to Emory Det Cullum (Director).
Frequently asked questions about Evernham Family - Racing For A Reason
How much does Evernham Family - Racing For A Reason give each year?
Evernham Family - Racing For A Reason gave $823K across 31 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $475K across 32 grants.
What is Evernham Family - Racing For A Reason's typical grant size?
Evernham Family - Racing For A Reason's median grant in 2025 was $5,000, and its average grant was $26,534, across 31 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Evernham Family - Racing For A Reason that year got $3K on average.
Where does Evernham Family - Racing For A Reason give grants?
Evernham Family - Racing For A Reason gives mostly in North Carolina: 94% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Charlotte, NC (6 grants), Mooresville, NC (3 grants), Concord, NC (2 grants) and Daytona Beach, FL (2 grants).
Does Evernham Family - Racing For A Reason give general operating support?
Not in 2025: none of the 31 grants with a stated purpose on Evernham Family - Racing For A Reason's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Contribution" (31 grants).
Who are Evernham Family - Racing For A Reason's largest grantees?
Evernham Family - Racing For A Reason's largest 2025 grantees include The Autism Society of NC ($296,655), Novant Health Foundation ($250,000) and Speedway Children's Charities ($82,000), according to its 2025 IRS Form 990-PF. Together they received 76% of its itemized 2025 grant dollars.
How large is Evernham Family - Racing For A Reason?
Evernham Family - Racing For A Reason reported $2.3M in total assets on its 2025 IRS Form 990-PF. It paid out $911K in qualifying distributions that year, against a required minimum of $108K (roughly 5% of its investment assets).
What does Evernham Family - Racing For A Reason fund?
The foundation’s website identifies support for IGNITE as its activity, describing the centers as serving young adults with high-functioning autism or Asperger’s syndrome. Its 2025 grants also went to organizations with varied charitable, educational, health, and community purposes. See mission & focus areas ↑
How do I apply for a grant from Evernham Family - Racing For A Reason?
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Evernham Family - Racing For A Reason's EIN?
Evernham Family - Racing For A Reason's EIN (Employer Identification Number) is 56-2053289. IRS Form 990 filing data is available on this page for 2019–2025.
Does Evernham Family - Racing For A Reason 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 October 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS August 11, 2020)
- 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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Cite this profile
Grantable. (2026). Evernham Family - Racing For A Reason funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/evernham-family-racing-for-a-reason-morg_57708a8a18f8415eb5965f8c0adc2bc7
BibTeX
@misc{grantable_562053289_2026,
author = {{Grantable}},
title = {{Evernham Family - Racing For A Reason funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/evernham-family-racing-for-a-reason-morg_57708a8a18f8415eb5965f8c0adc2bc7},
note = {Accessed 2026-10-12. 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 Evernham Family - Racing For A Reason'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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