Floyd Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KINSTON, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $599K in total assets. In 2024, it awarded 7 grants totaling $76K. Net investment income was $165K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$599K
+18.7% YoY
Annual Giving
$76K
+90.0% YoY
Grant Count
7
+40.0% YoY
Avg Grant Size
$11K
+35.7% YoY
Under IRS private-foundation payout rules, Floyd Foundation Inc reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.
About Floyd Foundation Inc
Based on IRS filings
Floyd Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KINSTON, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $599K in total assets. In 2024, it awarded 7 grants totaling $76K. Net investment income was $165K.
Focus Areas
Ready to take the next step with Floyd Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $599,361 | $504,800 | $452,150 |
| Revenue | $170,159 | $17,507 | $-44,998 |
| Expenses | $82,062 | $46,310 | $59,735 |
| Qualifying Distributions | $77,030 | $41,204 | $55,000 |
| Net Investment Income | $165,127 | $13,501 | $57 |
| Distributable Amount | $48,710 | $36,770 | $36,985 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Campbell University ($25,000), Lagrange Christian Church ($10,000), First Baptist Church Kinston ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CAMPBELL UNIVERSITY BUIES CREEK, NC | PHILANTHROPY | $25,000 |
| LAGRANGE CHRISTIAN CHURCH LA GRANGE, NC | PHILANTHROPHY | $10,000 |
| BROAD SWAMP PH CHURCH KINGSTREE, SC | PHILANTHROPY | $7,500 |
| FIRST BAPTIST CHURCH KINSTON KINSTON, NC | PHILANTHROPY | $10,000 |
| CAMPBELL UNIVERSITY BUIES CREEK, NC | PHILANTHROPY | $10,000 |
| LENOIR COMMUNITY COLLEGE KINSTON, NC | DEXTER FLOYD SCHOLARSHIP | $6,750 |
| LENOIR COMMUNITY COLLEGE KINSTON, NC | GREG FLOYD SCHOLARSHIP | $6,750 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Floyd Foundation Inc?
Floyd Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KINSTON, NC. It holds $599K in total assets as of 2024.
How large is Floyd Foundation Inc?
As of 2024, Floyd Foundation Inc holds $599K in total assets with $170K in annual revenue. It awarded 7 grants totaling $76K in 2024.
Where does Floyd Foundation Inc operate?
Floyd Foundation Inc has awarded grants in North Carolina, South Carolina.
What size grants does Floyd Foundation Inc award?
In 2024, Floyd Foundation Inc awarded 7 grants totaling $76K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Floyd Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Floyd Foundation Inc reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Floyd Foundation Inc's EIN?
Floyd Foundation Inc's EIN (Employer Identification Number) is 56-2151235. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Floyd Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Us Charitable Gift Trust
BOSTON, MA
Assets
$2.2B
Grants
6,518
Total Given
$231.4M
Triangle Community Foundation Inc
DURHAM, NC
Assets
$311.2M
Grants
558
Total Given
$23.4M
Charles & Irene Nanney Foundation
RALEIGH, NC
Assets
$2.9M
Grants
22
Total Given
$156K
Bailey Endowment Inc
RALEIGH, NC
Assets
$3.2M
Grants
30
Total Given
$155K
Mcleod Foundation
CLAYTON, NC
Assets
$1.6M
Grants
13
Total Given
$294K
The Robert Wood Johnson Foundation
PRINCETON, NJ
Assets
$13.4B
Grants
3,093
Total Given
$622.6M
The Winston-Salem Foundation
WINSTONSALEM, NC
Assets
$630.1M
Grants
823
Total Given
$88.8M
Charles a Cannon Trust No 1
CONCORD, NC
Assets
$138.4M
Grants
85
Total Given
$17.7M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
The Robert P Holding Foundation Inc
SMITHFIELD, NC
Assets
$2.9M
Grants
76
Total Given
$4.0M
Anonymous Trust
RALEIGH, NC
Assets
$122.3M
Grants
246
Total Given
$15.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Floyd Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Floyd Foundation Inc to a real strategy.