Frank Deaton & Mcbride Alexander

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.

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $87K (70%)

Virginia $37K (30%)

States

North Carolina Virginia

Cities

ArlingtonCharlotte

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

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 include The Joe Martin Als Foundation ($20,441), Als Association ($5,000), Feel the Vibe ($5,000).

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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 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.