Frank Deaton & McBride Alexander

Foundation · Grantmaker Charlotte, NC EIN: 56-1542624

Frank Deaton & McBride Alexander is a private foundation, based in Charlotte, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $859K in total assets. In 2025, it awarded 6 grants totaling $33K. Net investment income was $13K.

Key facts about Frank Deaton & McBride Alexander

EIN: 56-1542624
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $33,173
Grants made (2025): 6
Average grant: $5,529
Median grant: $3,540
Total assets: $859,287
Primary geography: North Carolina (85% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Frank Deaton & McBride Alexander funds

By grant dollars, the top recipient states for Frank Deaton & McBride Alexander's 6 itemized 2025 grants were North Carolina (85%) and Virginia (15%). The most frequent recipient cities were Charlotte, NC (5 grants). None of its 6 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable Gift" (5 grants).

How Frank Deaton & McBride Alexander gives

Giving grew 151% from 2022 to 2025. Method
In 2025 it paid out 80% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Frank Deaton & McBride Alexander

How to evaluate Frank Deaton & McBride Alexander as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to Frank Deaton & McBride Alexander with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$859K

+26.2% YoY

Annual Giving

$33K

+18.6% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$6K

-21.0% YoY

Under IRS private-foundation payout rules, Frank Deaton & McBride Alexander reported a distributable amount of $42K for 2025 — the minimum it must pay out in qualifying distributions.

About Frank Deaton & McBride Alexander

Based on IRS filings

Your AI grants department

Ready to take the next step with Frank Deaton & McBride Alexander?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $28K (85%)

Virginia $5K (15%)

Share of all 6 itemized 2025 grant dollars.

States

North Carolina Virginia

Cities

CharlotteArlington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$859,287	$680,697	$689,402
Revenue	$214,101	$21,419	$-53,367
Expenses	$35,511	$30,124	$33,833
Qualifying Distributions	$33,173	$27,981	$31,105
Net Investment Income	$13,471	$15,911	$12,736
Distributable Amount	$41,699	$36,196	$33,651

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2025

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Grant Size Distribution

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include The Joe Martin ALS Foundation ($20,441), ALS Association ($5,000), Feel the Vibe ($5,000).

Recipient	Purpose	Amount
THE JOE MARTIN ALS FOUNDATION Charlotte, NC	CHARITABLE GIFT	$20,441
ALS ASSOCIATION Arlington, VA	CHARITABLE GIFT	$5,000
FEEL THE VIBE Charlotte, NC	CHARTIABLE GIFT	$5,000
RAIN INC WORLD AIDS DAY Charlotte, NC	CHARITABLE GIFT	$2,080
SUPPORTIVE HOUSING COMMUNITIES Charlotte, NC	CHARITABLE GIFT	$516
GOOD FELLOWS CLUB Charlotte, NC	CHARITABLE GIFT	$136

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2025 IRS filing

Name	Title	Hours	Compensation
Frank a Deaton	Officer	—	—

Frequently Asked Questions

How large is Frank Deaton & McBride Alexander?

As of 2025, Frank Deaton & McBride Alexander holds $859K in total assets with $214K in annual revenue. It awarded 6 grants totaling $33K in 2025.

Where does Frank Deaton & McBride Alexander operate?

Frank Deaton & McBride Alexander has awarded grants in North Carolina, Virginia.

What size grants does Frank Deaton & McBride Alexander award?

In 2025, Frank Deaton & McBride Alexander awarded 6 grants totaling $33K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Frank Deaton & McBride Alexander required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Frank Deaton & McBride Alexander reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Frank Deaton & McBride Alexander's EIN?

Frank Deaton & McBride Alexander's EIN (Employer Identification Number) is 56-1542624. IRS Form 990 filing data is available on this page for 2020–2025.