Folds of Honor Eastern North Carolina Inc
To provide financial assistance for the education of spouses and dependent children of service men/women who are either killed or permanently disabled while serving our nation.
Folds of Honor Eastern North Carolina Inc at a glance
In short: Folds of Honor Eastern North Carolina Inc gave $221K across 1 grant in 2025 (avg $221K), mostly in Oklahoma. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $220,921
- -1.5% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $220,921
- -1.5% vs 2024
- Median grant
- $220,921
- Total assets
- $37,679
- +158.4% vs 2024
- Primary geography
- Oklahoma (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Folds of Honor Eastern North Carolina Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Folds of Honor ($221K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Folds of Honor Eastern North Carolina Inc gives
- Giving grew 38% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $160K (2022) to $224K (2024). In 2025 it made 1 grant totaling $221K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Folds of Honor Owasso, OK | Program Support | $220,921 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $37,679 | $254,608 | $231,510 | $220,921 | 1 | $125 |
| 2024 | $14,581 | $229,177 | $230,638 | $224,181 | 1 | $128 |
| 2023 | $16,042 | $188,885 | $188,478 | $183,813 | 1 | $90 |
| 2022 | $15,635 | $165,824 | $168,465 | $160,398 | 1 | $74 |
| 2021 | $18,276 | $203,162 | $193,932 | $184,375 | 1 | $68 |
| 2020 | $9,046 | $43,004 | $56,025 | — | — | — |
About Folds of Honor Eastern North Carolina Inc
Based on IRS filings
Folds of Honor Eastern North Carolina Inc is a public charity focused on Education, based in Cary, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $38K in total assets. In 2025, it awarded 1 grant totaling $221K. Net investment income was $125.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Folds of Honor Eastern North Carolina Inc is led by Don Fricke, President since 2025 (on filings since 2023); none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Don Fricke
President
Director → President, 2025
On filings since 2023
5 hrs/week
No compensation reported
Brian A. Reddersen
Director
President → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Keith Woedy
Director
On filings since 2020
1 hr/week
No compensation reported
Keith Brokke
Director
On filings since 2024
1 hr/week
No compensation reported
Rick Lee
Director
President → Director, 2025
On filings since 2024
5 hrs/week
No compensation reported
Stephen Neal
Director
On filings since 2024
1 hr/week
No compensation reported
John S REDDERSEN
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (3)
- Former: Scott Reddersen (2023–2024) — Treasurer
- Former: Denis Keith Brokke (2020–2023) — Director
- Former: Jay Rick Lee (2020–2023) — Vice President
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 Folds of Honor Eastern North Carolina Inc
How much does Folds of Honor Eastern North Carolina Inc give each year?
Folds of Honor Eastern North Carolina Inc gave $221K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $224K across 1 grant.
How large is Folds of Honor Eastern North Carolina Inc?
Folds of Honor Eastern North Carolina Inc reported $38K in total assets on its 2025 IRS Form 990. Its revenue that year was $255K.
What is Folds of Honor Eastern North Carolina Inc?
Folds of Honor Eastern North Carolina Inc is a public charity focused on Education, based in Cary, NC. It holds $38K in total assets as of 2025.
Where does Folds of Honor Eastern North Carolina Inc operate?
Folds of Honor Eastern North Carolina Inc has awarded grants in Oklahoma.
What is Folds of Honor Eastern North Carolina Inc's EIN?
Folds of Honor Eastern North Carolina Inc's EIN (Employer Identification Number) is 83-3013031. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-EZ for fiscal year 2020 (received by the IRS November 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS March 25, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 10, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS March 30, 2026)
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