Golden Pearl Foundation

Foundation · Grantmaker Raleigh, NC EIN: 20-1446745

Golden Pearl Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Raleigh, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $628K in total assets. In 2024, it awarded 13 grants totaling $71K. Net investment income was $67K.

Key facts about Golden Pearl Foundation

In short: Golden Pearl Foundation gave $71K across 13 grants in 2024 (avg $5K), mostly in North Carolina. 62% of 2024 grantees were new. Source: 2024 IRS Form 990 filing.

EIN: 20-1446745
Latest 990 filing: Form 990 filing, 2024
Annual giving (2024): $70,500
Grants made (2024): 13
Average grant: $5,423
Median grant: $5,000
New grantees (estimate): 62% first-time grantees (8 of 13, 2024)
Total assets: $627,705
Primary geography: North Carolina (59% of itemized 2024 grant dollars)

Data from IRS Form 990 filing, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Quick answers about Golden Pearl Foundation

How much does Golden Pearl Foundation give each year?

Golden Pearl Foundation gave $71K across 13 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $67K across 6 grants.

What is Golden Pearl Foundation's typical grant size?

Golden Pearl Foundation's median grant in 2024 was $5,000, and its average grant was $5,423, across 13 grants on its 2024 IRS Form 990 filing. Organizations receiving their first grant from Golden Pearl Foundation that year got $3K on average.

Where does Golden Pearl Foundation give grants?

Golden Pearl Foundation gives mostly in North Carolina: 59% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The next largest states were Florida (21%) and Massachusetts (14%). The most frequent recipient cities were Pinehurst, NC (2 grants) and Raleigh, NC (2 grants).

Does Golden Pearl Foundation give general operating support?

Not in 2024: none of the 13 grants with a stated purpose on Golden Pearl Foundation's 2024 IRS Form 990 filing were described as general or operating support. Recurring purposes include "Hurricane Helene Releif" (6 grants).

Who are Golden Pearl Foundation's largest grantees?

Golden Pearl Foundation's largest 2024 grantees include Sandhills Community College Foundation ($13,500), Agriautisminc ($10,000) and The O'Neal School ($10,000), according to its 2024 IRS Form 990 filing. Together they received 48% of its itemized 2024 grant dollars.

Is Golden Pearl Foundation open to new grantees?

62%

first-time grantees, 2024

In 2024, 8 of 13 grantees (62%) were first-time recipients. First grants averaged $3K; repeat grants $10K. How we count

Medians: $2K first-time, $10K repeat.

38% of 2024 grantees were also funded in 2023. Method
Giving fell 32% from 2021 to 2024. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Golden Pearl Foundation

How to evaluate Golden Pearl Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to Golden Pearl Foundation 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 2024 IRS Form 990 filing · View filing

Total Assets

$628K

-5.4% YoY

Annual Giving

$71K

+4.8% YoY

Grant Count

+116.7% YoY

Avg Grant Size

$5K

-51.7% YoY

About Golden Pearl Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Your AI grants department

Ready to take the next step with Golden Pearl Foundation?

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 $42K (59%)

Florida $15K (21%)

Massachusetts $10K (14%)

Virginia $2K (3%)

Vermont $2K (3%)

Share of all 13 itemized 2024 grant dollars.

States

Florida Illinois Massachusetts North Carolina South Carolina Virginia Vermont

Cities

PinehurstCharlestonJamaica PlainsChicagoRaleighBooneJacksonvilleBrattleboroCasselberryGlencoeLeicesterPenlandPortsmouthTallahasseeWaynesville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$627,705	$663,730	$726,986
Revenue	$30,523	$25,373	$24,285
Expenses	$137,470	$135,667	$140,135
Qualifying Distributions	—	—	—
Net Investment Income	$67,211	$47,207	$97,025
Distributable Amount	—	—	—

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

37 grants across all recorded years

Giving History

Grant recipients and amounts by year

Recipient	Purpose	Amount
SANDHILLS COMMUNITY COLLEGE FOUNDATION Pinehurst, NC	PROVIDE EDUCATIONAL ASSISTANCE	$13,500
AGRIAUTISMINC Jacksonville, FL	EDUCATION/CIVICNEEDS	$10,000
THE O'NEAL SCHOOL Pinehurst, NC	PROVIDEEDUCATIONALASSISTANCE	$10,000
PIE IN THE SKY Jamaica Plains, MA	FEED THOSE INNEED	$10,000
OVERFLOWING HANDS Raleigh, NC	FEED HUNGRYCHILDREN	$5,000
A PLACE AT THE TABLE Raleigh, NC	COMMUNTIY ANDFEED THOSE INNEED	$5,000
VOLUNTEER FLORIDA FOUNDATION Tallahassee, FL	HURRICANE RECOVERY	$5,000
WINE TO WATER Boone, NC	HURRICANE HELENE RELEIF	$2,000
PENLAND SCHOOL OF CRAFTS Penland, NC	HURRICANE HELENE RELEIF	$2,000
MERCY CHEFS Portsmouth, VA	HURRICANE HELENE RELEIF	$2,000

Leadership & Key People

Officers and directors from IRS filings

Golden Pearl Foundation is led by Edna F. Brandt, Executive Director & Corp Secretary on every filing since 2020; 1 of 3 officers listed in 2024 is compensated.

Officers on the 2024 filing

Edna F. Brandt

Executive Director & Corp Secretary

On filings since 2020

20 hrs/week

$29K (2020) → $31K (2024)
Heidi Hall-Jones

President & Board of Directors

On filings since 2020

2 hrs/week

No compensation reported
Annabel Mm Jones-Long

Director & Member

On filings since 2020

1 hr/week

No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Golden Pearl Foundation?

Golden Pearl Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Raleigh, NC. It holds $628K in total assets as of 2024.