THE FRANKIE LEMMON FOUNDATION WAS ESTABLISHED FOR THE SOLE PURPOSE OF SUPPORTING THE FRANKIE LEMMON SCHOOL AND DEVELOPMENTAL CENTER. ONLY A PORTION OF THE SCHOOL'S TOTAL OPERATING COSTS ARE COVERED BY STATE FUNDING THROUGH THE WAKE COUNTY PUBLIC SCHOOL SYSTEM. THE FRANKIE LEMMON FOUNDATION, THROUGH ITS FUNDRAISING EFFORTS, PROVIDES MOST OF THE FUNDS NEEDED TO SUPPORT THE SCHOOL. THE FOUNDATION IS THE ORGANIZER OF THE TRIANGLE WINE & FOOD EXPERIENCE, ONE OF THE AREA'S MOST SUCCESSFUL FUNDRAISING EVENTS. THE SUCCESS OF THIS EVENT HAS BEEN THE CATALYST FOR LAYING THE GROUNDWORK TO INCREASE THE NUMBER OF CHILDREN SERVED BY THE FRANKIE LEMMON SCHOOL AND DEVELOPMENTAL CENTER. THE SCHOOL ALSO SERVES TYPICALLY DEVELOPING CHILDREN WHO PAY TUITION TO ATTEND.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.6M
+11.8% YoY
Annual Giving
$2.5M
+39.2% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$1.2M
-30.4% YoY
About Frankie Lemmon Foundation Inc
Based on IRS filings
Frankie Lemmon Foundation Inc is a nonprofit organization focused on Education, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.6M in total assets. In 2024, it awarded 2 grants totaling $2.5M. Net investment income was $226K.
Focus Areas
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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 | $8,617,117 | $7,710,550 | $6,622,579 |
| Revenue | $3,966,952 | $3,329,470 | $3,023,119 |
| Expenses | $3,652,097 | $2,730,243 | $1,710,054 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $226,361 | $300,072 | $212,365 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Frankie Lemmon School & Developmental Center ($2,450,000), Lemmon Tree Academy ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FRANKIE LEMMON SCHOOL & DEVELOPMENTAL CENTER RALEIGH, NC | TO FUND THE OPERATION OF THE SCHOOL. | $2,450,000 |
| LEMMON TREE ACADEMY RALEIGH, NC | TO FUND THE OPERATION OF THE SCHOOL. | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL HART | BOARD MEMBER | 0.5 | — |
| AMY BRITT | BOARD MEMBER | 0.5 | — |
| ANGELA BUCHANAN | BOARD MEMBER | 0.5 | — |
| ADAM DERBYSHIRE | BOARD MEMBER | 0.5 | — |
| COLLEEN DIMITRY | BOARD MEMBER TO MAY 2024 | 0.5 | — |
| BARRY GARDNER | BOARD MEMBER | 0.5 | — |
| LILY HARRIS MD | BOARD MEMBER | 0.5 | — |
| EMILY HODGES | BOARD MEMBER | 0.5 | — |
| DAVID MCGOWAN | BOARD MEMBER TO MAY 2024 | 0.5 | — |
| LEE PRYOR | BOARD MEMBER | 0.5 | — |
| MICHAEL THOMAS | BOARD MEMBER | 0.5 | — |
| DOUG WARF | BOARD MEMBER | 0.5 | — |
| PAUL WARREN | BOARD MEMBER | 0.5 | — |
| JUDGE VINCE ROZIER | BOARD MEMBER | 0.5 | — |
| ETTA BUCKMAN | BOARD MEMBER | 0.5 | — |
| DAVID CARRIER | BOARD MEMBER | 0.5 | — |
| MIKE NICHOLS | BOARD MEMBER | 0.5 | — |
| MATT ARNOLD | BOARD MEMBER FROM 2024 | 0.5 | — |
| JOSEPH PATTERSOM | BOARD MEMBER | 0.5 | — |
| MARTHA DERBYSHIRE | VICE CHAIR | 0.5 | — |
| TREY BAILEY | SECRETARY | 0.5 | — |
| MEREDITH KEYES | TREASURER/ FINANCE COMMITT | 0.5 | — |
| ALAN HUGHES | BOARD CHAIR | 0.5 | — |
| MIKE KRICK | FINANCE DIRECTOR FROM 5/1/22 TO 4/30/23 | 30 | $57,000 |
| MARSHA HARGETTE | EXECUTIVE DIRECTOR | 30 | $151,178 |
| PETE EKENSTIERNA | FINANGE MANAGER FROM 5/1/23 | 30 | $62,745 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Frankie Lemmon Foundation Inc?
Frankie Lemmon Foundation Inc is a nonprofit organization focused on Education, based in RALEIGH, NC. It holds $8.6M in total assets as of 2024.
How large is Frankie Lemmon Foundation Inc?
As of 2024, Frankie Lemmon Foundation Inc holds $8.6M in total assets with $4.0M in annual revenue. It awarded 2 grants totaling $2.5M in 2024.
Where does Frankie Lemmon Foundation Inc operate?
Frankie Lemmon Foundation Inc has awarded grants in North Carolina.
What size grants does Frankie Lemmon Foundation Inc award?
In 2024, Frankie Lemmon Foundation Inc awarded 2 grants totaling $2.5M — an average of about $1.2M per grant, based on its IRS Form 990 filings.
What is Frankie Lemmon Foundation Inc's EIN?
Frankie Lemmon Foundation Inc's EIN (Employer Identification Number) is 56-1572087. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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