Herschel H and Cornelia N Everett
Herschel H and Cornelia N Everett is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENSBORO, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.4M in total assets. In 2025, it awarded 10 grants totaling $211K. Net investment income was $545K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$4.4M
+7.3% YoY
Annual Giving
$211K
+75.8% YoY
Grant Count
10
+11.1% YoY
Avg Grant Size
$21K
+58.3% YoY
Under IRS private-foundation payout rules, Herschel H and Cornelia N Everett reported a distributable amount of $223K for 2025 — the minimum it must pay out in qualifying distributions.
About Herschel H and Cornelia N Everett
Based on IRS filings
Herschel H and Cornelia N Everett is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENSBORO, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.4M in total assets. In 2025, it awarded 10 grants totaling $211K. Net investment income was $545K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,381,688 | $4,082,011 | $4,163,253 |
| Revenue | $557,770 | $91,671 | $7,521 |
| Expenses | $258,093 | $172,913 | $120,409 |
| Qualifying Distributions | $241,007 | $154,546 | $100,777 |
| Net Investment Income | $545,105 | $91,671 | $53,152 |
| Distributable Amount | $223,099 | $211,017 | $195,363 |
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 2025
Grant Size Distribution
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Queens University of Charlotte ($62,009), Foundation of the University of North Carolina at Charlotte ($45,000), Brookstone Schools of Mecklenburg County ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNION PRESBYTERIAN SEMINARY RICHMOND, VA | GENERAL OPERATING SUPPORT | $20,000 |
| QUEENS UNIVERSITY OF CHARLOTTE CHAROLOTTE, NC | GENERAL OPERATING SUPPORT | $62,009 |
| PRESBYTERIAN HOMES AT CHARLOTTE INC CHAROLOTTE, NC | GENEARL OPERATING SUPPORT | $2,000 |
| IMPACT ABUSE PREVENTION SERVICES CHARLOTTE, NC | GENERAL OPERATING SUPPORT | $11,003 |
| GORDON CONWELL THEOLOGICAL SEMINARY INC CHARLOTTE, NC | GENERAL OPERATING SUPPORT | $24,000 |
| BROOKSTONE SCHOOLS OF MECKLENBURG COUNTY CHARLOTTE, NC | GENERAL OPERATING SUPPORT | $25,000 |
| BELOVED ASHVILLE ASHEVILLE, NC | GENERAL OPERATING SUPPORT | $11,003 |
| ALLEGRO ORGANIZATIONAL SOLUTIONS INC CHARLOTTE, NC | GENERAL OPERATING SUPPORT-QCITY MOVEMENTS | $9,003 |
| FOUNDATION OF THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE CHARLOTTE, NC | SUPPORT OF THE HERSCHEL AND CORNELIA EVERETT FOUNDATION GRADUATE FELLOWSHIP | $45,000 |
| COVENANT COLLEGE LOOKOUT MOUNTAIN, GA | GENERAL OPERATING SUPPORT | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PIEDMONT TRUST COMPANY | TRUSTEE | 2 | $29,989 |
| PAUL WYCHE | ADVISOR | 1 | — |
| MARY MELTON | TRUSTEE | 0.5 | — |
| PAUL H BELK | TRUSTEE | 0.5 | — |
| JAMES H BELK | TRUSTEE | 0.5 | — |
| THOMAS E BELK | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Herschel H and Cornelia N Everett?
Herschel H and Cornelia N Everett is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENSBORO, NC. It holds $4.4M in total assets as of 2025.
How large is Herschel H and Cornelia N Everett?
As of 2025, Herschel H and Cornelia N Everett holds $4.4M in total assets with $558K in annual revenue. It awarded 10 grants totaling $211K in 2025.
Where does Herschel H and Cornelia N Everett operate?
Herschel H and Cornelia N Everett has awarded grants in Georgia, North Carolina, Texas, Virginia.
What size grants does Herschel H and Cornelia N Everett award?
In 2025, Herschel H and Cornelia N Everett awarded 10 grants totaling $211K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is Herschel H and Cornelia N Everett required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Herschel H and Cornelia N Everett reported a distributable amount of $223K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Herschel H and Cornelia N Everett's EIN?
Herschel H and Cornelia N Everett's EIN (Employer Identification Number) is 56-6093697. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.