Haskell and Gay Duncan Foundation Inc

Foundation · Grantmaker Pearl River, NY EIN: 56-2163266

Haskell and Gay Duncan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pearl River, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $19.5M in total assets. In 2025, it awarded 3 grants totaling $745K. Net investment income was $1.1M.

Key facts about Haskell and Gay Duncan Foundation Inc

In short: Haskell and Gay Duncan Foundation Inc gave $745K across 3 grants in 2025 (avg $248K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

EIN
56-2163266
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$745,000
Grants made (2025)
3
Average grant
$248,333
Median grant
$250,000
Total assets
$19,461,117
Primary geography
North Carolina (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$19.5M

+1.3% YoY

Annual Giving

$745K

-1.9% YoY

Grant Count

3

-25.0% YoY

Avg Grant Size

$248K

+30.8% YoY

Under IRS private-foundation payout rules, Haskell and Gay Duncan Foundation Inc reported a distributable amount of $889K for 2025 — the minimum it must pay out in qualifying distributions.

How Haskell and Gay Duncan Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (−13%). Method
  • In 2025 it paid out 91% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 3 itemized 2025 grant dollars.

Cities

Southern PinesThomasvilleCary

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M4 grants20204 grants20216 grants20226 grants20234 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

North Carolina Baptist Men: $445KNorth Carolina Baptist Men$445KBaptist Children's Homes of NC: $250KBaptist Children's Homes of NC$250KFirst Baptist Church: $50KFirst Baptist Church$50K

Grant Size Distribution

23 grants across all recorded years

8<$50K2$50–100K5$100–250K7$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
NORTH CAROLINA BAPTIST MEN Cary, NCBAPTISTS ONMISSION RECOVERYCENTER$445,000
BAPTIST CHILDREN'S HOMES OF NC Thomasville, NCCAMP DUNCANSUPPORT ANDOPERATIONS$250,000
FIRST BAPTIST CHURCH Southern Pines, NCWAYNE E. JORDANMUSIC ENDOWMENT$50,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M202020212022202320242025
Metric202520242023
Total Assets$19,461,117$19,220,424$18,958,472
Revenue$1,139,825$1,154,107$739,980
Expenses$899,132$892,155$865,829
Qualifying Distributions$804,639$819,834$797,975
Net Investment Income$1,078,271$1,094,613$676,955
Distributable Amount$888,581$843,123$785,086

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 4, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 6, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 25, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 12, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Haskell and Gay Duncan Foundation Inc is led by Mark D. Vaughn, President since 2025 (on filings since 2020); all 4 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Mark D. Vaughn

    President

    Secretary-Treasurer → President, 2025

    On filings since 2020

    10 hrs/week

    $9K (2020) → $22K (2025)

  • Wayne E. Jordan

    President

    On filings since 2020

    3 hrs/week

    $28K (2020) → $16K (2025)

  • Samuel V. Barefoot

    Vice President

    On filings since 2020

    3 hrs/week

    $9K (2020) → $11K (2025)

  • Dennis J. Tally

    Secretary-Treasurer

    New on the 2025 filing

    3 hrs/week

    $6K (2025)

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Mark D Vaughn — President: $22KMark D VaughnPresident$22KWayne E Jordan — President: $16KWayne E JordanPresident$16KSamuel V Barefoot — Vice President: $11KSamuel V BarefootVice President$11KDennis J Tally — Secretary-Treasurer: $6KDennis J TallySecretary-Treasurer$6K

Frequently asked questions about Haskell and Gay Duncan Foundation Inc

How much does Haskell and Gay Duncan Foundation Inc give each year?

Haskell and Gay Duncan Foundation Inc gave $745K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $760K across 4 grants.

What is Haskell and Gay Duncan Foundation Inc's typical grant size?

Haskell and Gay Duncan Foundation Inc's median grant in 2025 was $250,000, and its average grant was $248,333, across 3 grants on its 2025 IRS Form 990-PF.

Where does Haskell and Gay Duncan Foundation Inc give grants?

Haskell and Gay Duncan Foundation Inc gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Haskell and Gay Duncan Foundation Inc give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Haskell and Gay Duncan Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.

How large is Haskell and Gay Duncan Foundation Inc?

Haskell and Gay Duncan Foundation Inc reported $19.5M in total assets on its 2025 IRS Form 990-PF. It paid out $805K in qualifying distributions that year, against a required minimum of $889K (roughly 5% of its investment assets).

What is Haskell and Gay Duncan Foundation Inc?

Haskell and Gay Duncan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pearl River, NY. It holds $19.5M in total assets as of 2025.

What is Haskell and Gay Duncan Foundation Inc's EIN?

Haskell and Gay Duncan Foundation Inc's EIN (Employer Identification Number) is 56-2163266. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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