Gravely Foundation Inc
ROCKY MOUNT, NC EIN: 56-6044106
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$857K
+3.9% YoY
Annual Giving
$44K
+43.0% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$15K
+43.0% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $856,871 | $824,418 | $813,742 |
| Revenue | $90,663 | $53,561 | $18,785 |
| Expenses | $58,210 | $42,885 | $41,877 |
| Qualifying Distributions | $46,887 | $33,370 | $31,845 |
| Net Investment Income | $80,226 | $44,243 | $9,858 |
| Distributable Amount | $50,067 | $45,832 | $45,994 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Gravely Foundation Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J WINSTON LEA | TRUSTEE | — | — |
| JOW GRAVELY IV | TRUSTEE | — | — |
| JOHN W LEA JR | TRUSTEE | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
North Carolina $166K (100%)
States
Cities
Rocky Mount
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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