FA Furniture Foundation
FA Furniture Foundation is a private foundation based in High Point, North Carolina. Its stated purpose is to support education and research related to the design, manufacture, and sale of home furnishings, as well as educational opportunities for people associated with the industry.
FA Furniture Foundation at a glance
In short: FA Furniture Foundation gave $75K across 16 grants in 2025 (avg $5K), mostly in North Carolina. 54% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $74,500
- -22.8% vs 2024
- Grants made (2025)
- 16
- -20.0% vs 2024
- Average grant
- $4,656
- -3.5% vs 2024
- Median grant
- $2,500
- Total assets
- $1,162,411
- +0.4% vs 2024
- New grantees (estimate)
- 54% first-time grantees (7 of 13, 2025; small sample)
- Primary geography
- North Carolina (77% 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 FA Furniture Foundation
- How to Apply
Applications must include a cover letter on the applicant’s stationery, signed by the project contact; an executive summary; a narrative of no more than three pages describing the educational initiative, its impact on…
Applications must include a cover letter on the applicant’s stationery, signed by the project contact; an executive summary; a narrative of no more than three pages describing the educational initiative, its impact on the home furnishings industry, and—if the request concerns scholarships—the status of program graduates in the industry; a budget; and a conclusion. Grants are not made to individuals or government agencies, or for lobbying or religious purposes.
- Review Cycle
- The filing lists March 31, 2026, as the submission deadline for the 2025 grant application. This deadline has passed.
- Deadline
- The filing lists March 31, 2026, as the submission deadline for the 2025 grant application.
- Contact
Application contact: Fa Furniture Foundation Board Of Di
Mailing address: 1912 Eastchester Drive Suite 100, High Point, NC 27265
Phone: (336) 884-5000
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who FA Furniture Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was WithIt Scholarship Foundation ($15K). Together the top 10 received $48K.
Organizations only. It also paid 3 individual scholarships ($22,000), which are not listed by name.
Grant Size Distribution
82 grants across all recorded years
The most common grant size was under $50K: 82 grants of 82 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 77% of grant dollars went to recipients in North Carolina. Other reported recipient-state shares were Mississippi 7%, Minnesota 3%, Georgia 3%, and Connecticut 3%.
Grant Distribution by State
Share of 2025 grant dollars across all 16 itemized grants.
States
Cities
Is FA Furniture Foundation open to new grantees?
54%
first-time grantees, 2025
In 2025, 7 of 13 grantees (54%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $3K; repeat grants $6K. How we count
Medians: $3K first-time, $4K repeat.
- 38% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−11%). Method
- In 2025 it paid out 119% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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 2020 to 2025, annual grant giving ranged from $74K (2021) to $97K (2024). In 2025 it made 16 grants totaling $75K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| WithIt Scholarship Foundation High Point, NC | Scholarship | $15,000 |
| 3 individual scholarships Recipients not named | — | $22,000 |
| The Foundation of Caldwell Communit Hudson, NC | Scholarships and equipment | $10,000 |
| Appalachian State University Boone, NC | Scholarships | $5,000 |
| Greensboro College Greensboro, NC | Scholarship | $2,500 |
| Bethany Lutheran College Mankato, MN | Scholarship | $2,500 |
| Itawamba Community College Fulton, MS | Scholarship | $2,500 |
| Lees-McRae College Banner Elk, NC | Scholarship | $2,500 |
| Jackson State University Jackson, MS | Scholarship | $2,500 |
| University of Georgia Athens, GA | Scholarship | $2,500 |
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Financial History
Multi-year comparison from IRS filings
The 2025 filing reports 16 grants; the 2024 and 2023 filings report 20 and 17 grants, respectively.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,162,411 | $95,528 | $91,827 | $74,500 | 16 | $74,500 | $78,105 | $62,675 |
| 2024 | $1,158,194 | $101,995 | $105,341 | $96,500 | 20 | $96,500 | $60,036 | $60,611 |
| 2023 | $1,161,079 | $24,992 | $100,778 | $79,951 | 17 | $79,951 | $10,333 | $57,405 |
| 2022 | $1,234,447 | $97,472 | $97,486 | $84,000 | 15 | $84,000 | $78,986 | $56,116 |
| 2021 | $1,230,285 | $158,992 | $93,305 | $74,000 | 14 | $74,000 | $145,993 | $69,097 |
| 2020 | $1,164,550 | $75,719 | $95,870 | $79,000 | 15 | — | $59,453 | $61,371 |
Under IRS private-foundation payout rules, FA Furniture Foundation reported a distributable amount of $63K 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 states that it was formed to aid and promote education and research in the design, manufacture, and sale of home furnishings and related materials. It may also provide educational opportunities to people associated with the industry. Its filing says grants must support projects and educational initiatives that directly benefit the home furnishings industry.
Its 2025 grantees include colleges, universities, and education-related organizations. Appalachian State University Foundation describes its mission as supporting Appalachian State University students, faculty, staff, and community through financial support and advocacy for the university’s mission. An individual recipient Community College’s foundation says it supports the college’s mission of transforming the community and empowering students. Greensboro College describes its work as providing a liberal arts education and fostering students’ intellectual, social, and spiritual development.
Grantmaking
In 2025, the foundation gave 16 grants totaling $74,500. Grant amounts ranged from $1,250 to $15,000, with a median grant of $2,500. Listed purposes included scholarships and, in one case, scholarships and equipment.
Notable 2025 grants included $15,000 to WithIt Scholarship Foundation, $12,000 to App State University Foundation, $10,000 to The Foundation of Caldwell Communit, $7,500 to an individual recipient, and $5,000 to Appalachian State University. Other listed grants included $2,500 each to Greensboro College, an individual recipient Community College, Bethany Lutheran College, Itawamba Community College, Lees-McRae College, Jackson State University, and the University of Georgia.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Don Coleman as Chairman, Ray Shufelt as President, and Andy S Counts as Sec/Treasurer. It lists Wyatt Bassett, Pat Smith, Andy Bray, Tommy Tomkins, Gat Caperton, Bob Duncan, and Steve Hodges as directors.
FA Furniture Foundation is led by Ray Shufelt, President since 2021 (on filings since 2020); none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ray Shufelt
President
President & Director → President, 2021
On filings since 2020
0.1 hrs/week
No compensation reported
Don Coleman
Chairman
Chairman & Director → Chairman, 2021
On filings since 2020
0.1 hrs/week
No compensation reported
Bob Duncan
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Pat Smith
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Steve Hodges
Director
On filings since 2020
0.1 hrs/week
No compensation reported
The Furniture Foundation
Trustee
On filings since 2020
No compensation reported
Tommy Tomkins
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Gat Caperton
Director
On filings since 2024
0.1 hrs/week
No compensation reported
Andy Bray
Director
New on the 2025 filing
0.1 hrs/week
No compensation reported
Wyatt Bassett
Director
New on the 2025 filing
0.1 hrs/week
No compensation reported
Andy S Counts
Secretary & Treasurer
Secretary, Treasurer & Director → Secretary & Treasurer, 2021
On filings since 2020
1 hr/week
No compensation reported
Former officers (5)
- Former: Amy Kyle (2020–2023) — Director
- Former: Mike Dugan (2020–2023) — Director
- Former: Hassell Franklin (2020–2021) — Director
- Former: Eric Schenk (2020) — Director
- Former: Jerome Bolick (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "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 FA Furniture Foundation
How much does FA Furniture Foundation give each year?
FA Furniture Foundation gave $75K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $97K across 20 grants.
What is FA Furniture Foundation's typical grant size?
FA Furniture Foundation's median grant in 2025 was $2,500, and its average grant was $4,656, across 16 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from FA Furniture Foundation that year got $3K on average.
Where does FA Furniture Foundation give grants?
FA Furniture Foundation gives mostly in North Carolina: 77% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Mississippi (7%).
Does FA Furniture Foundation give general operating support?
Not in 2025: none of the 16 grants with a stated purpose on FA Furniture Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (13 grants).
Who are FA Furniture Foundation's largest grantees?
FA Furniture Foundation's largest 2025 grantees include WithIt Scholarship Foundation ($15,000), The Foundation of Caldwell Communit ($10,000) and Appalachian State University ($5,000), according to its 2025 IRS Form 990-PF. It also paid 3 individual scholarships ($22,000), which are not listed by name. Together they received 40% of its itemized 2025 grant dollars.
How large is FA Furniture Foundation?
FA Furniture Foundation reported $1.2M in total assets on its 2025 IRS Form 990-PF. It paid out $75K in qualifying distributions that year, against a required minimum of $63K (roughly 5% of its investment assets).
What does FA Furniture Foundation fund?
The foundation states that it was formed to aid and promote education and research in the design, manufacture, and sale of home furnishings and related materials. It may also provide educational opportunities to people associated with the industry. See mission & focus areas ↑
How do I apply for a grant from FA Furniture Foundation?
Applications must include a cover letter on the applicant’s stationery, signed by the project contact; an executive summary; a narrative of no more than three pages describing the educational initiative, its impact on… Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is FA Furniture Foundation's EIN?
FA Furniture Foundation's EIN (Employer Identification Number) is 56-6044941. IRS Form 990 filing data is available on this page for 2020–2025.
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 August 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work FA Furniture Foundation funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
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Cite this profile
Grantable. (2026). FA Furniture Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/fa-furniture-foundation-morg_8b974160a66a4f188d02f91c922ba1a7
BibTeX
@misc{grantable_566044941_2026,
author = {{Grantable}},
title = {{FA Furniture Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/fa-furniture-foundation-morg_8b974160a66a4f188d02f91c922ba1a7},
note = {Accessed 2026-10-16. 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 FA Furniture 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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