Herschel H and Cornelia N Everett

Private foundation · Grantmaker Greensboro, NC EIN: 56-6093697

Herschel H and Cornelia N Everett is a private foundation based in Greensboro, North Carolina. In 2025, it made grants to organizations including universities, schools, and other nonprofits, with most grant dollars going to recipients in North Carolina.

Herschel H and Cornelia N Everett at a glance

In short: Herschel H and Cornelia N Everett gave $211K across 10 grants in 2025 (avg $21K), mostly in North Carolina. 30% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$211,018
+75.8% vs 2024
Grants made (2025)
10
+11.1% vs 2024
Average grant
$21,102
+58.3% vs 2024
Median grant
$15,502
Total assets
$4,381,688
+7.3% vs 2024
New grantees (estimate)
30% first-time grantees (3 of 10, 2025; small sample)
Primary geography
North Carolina (90% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Herschel H and Cornelia N Everett

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.

Contact

Mailing address: PO Box 20124, Greensboro, NC 27420
Phone: (336) 274-5471

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Herschel H and Cornelia N Everett funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Queens University of Charlotte: $62KQueens University of Charlotte$62KFoundation of the University of North Carolina at Charlotte: $45KFoundation of the Universityof North Carolina at Charlotte$45KBrookstone Schools of Mecklenburg County: $25KBrookstone Schools ofMecklenburg County$25KGordon Conwell Theological Seminary Inc: $24KGordon Conwell TheologicalSeminary Inc$24KUnion Presbyterian Seminary: $20KUnion Presbyterian Seminary$20KImpact Abuse Prevention Services: $11KImpact Abuse PreventionServices$11KBeloved Ashville: $11KBeloved Ashville$11KAllegro Organizational Solutions Inc: $9KAllegro OrganizationalSolutions Inc$9KPresbyterian Homes at Charlotte Inc: $2KPresbyterian Homes atCharlotte Inc$2KCovenant College: $2KCovenant College$2K

The largest 2025 recipient was Queens University of Charlotte ($62K). Together the top 10 received $211K.

Grant Size Distribution

46 grants across all recorded years

45<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 45 grants of 46 (98%).

Geographic Focus

Where this funder awards grants

In 2025, 90% of grant dollars went to recipients in North Carolina, 9% to recipients in Virginia, and 1% to recipients in Georgia.

Grant Distribution by State

4states

Share of 2025 grant dollars across all 10 itemized grants.

Cities

CharlotteRichmondAshevilleCharolotteHoustonLookout Mountain

Is Herschel H and Cornelia N Everett open to new grantees?

30%

first-time grantees, 2025

In 2025, 3 of 10 grantees (30%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $8K; repeat grants $27K. How we count

Medians: $11K first-time, $24K repeat.

  • 70% of 2025 grantees were also funded in 2024. Method
  • Giving grew 48% from 2022 to 2025. Method
  • In 2025 it paid out 108% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K16 grants2021 6 grants2022 5 grants2023 9 grants2024 10 grants2025

From 2021 to 2025, annual grant giving ranged from $82K (2023) to $217K (2021). In 2025 it made 10 grants totaling $211K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Queens University of Charlotte Charolotte, NCGeneral Operating Support$62,009
Foundation of the University of North Carolina at Charlotte Charlotte, NCSupport of the herschel and cornelia everett foundation graduate fellowship$45,000
Brookstone Schools of Mecklenburg County Charlotte, NCGeneral Operating Support$25,000
Gordon Conwell Theological Seminary Inc Charlotte, NCGeneral Operating Support$24,000
Union Presbyterian Seminary Richmond, VAGeneral Operating Support$20,000
Impact Abuse Prevention Services Charlotte, NCGeneral Operating Support$11,003
Beloved Ashville Asheville, NCGeneral Operating Support$11,003
Allegro Organizational Solutions Inc Charlotte, NCGeneral Operating Support-Qcity Movements$9,003
Presbyterian Homes at Charlotte Inc Charolotte, NCGenearl Operating Support$2,000
Covenant College Lookout Mountain, GAGeneral Operating Support$2,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$4,381,688$557,770$258,093$211,01810$241,007$545,105$223,099
2024$4,082,011$91,671$172,913$120,0009$154,546$91,671$211,017
2023$4,163,253$7,521$120,409$82,0005$100,777$53,152$195,363
2022$4,276,141$207,188$210,219$142,5006$185,655$185,624$225,524
2021$4,279,172$245,280$274,993$217,00016—$202,358$222,707

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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants included general operating support for Queens University of Charlotte, Brookstone Schools of Mecklenburg County, and other organizations, as well as support for a graduate fellowship at the University of North Carolina at Charlotte.

Queens University of Charlotte describes its mission as providing transformative educational experiences that nurture intellectual curiosity, promote global understanding, encourage ethical living, and prepare individuals for purposeful and fulfilling lives. Brookstone Schools of Mecklenburg County says it operates Christian schools in Charlotte and surrounding counties, providing a Christian-based academic education to under-resourced students in JK–8. Covenant College describes its mission as exploring and expressing the preeminence of Jesus Christ, educating Christians to engage cultures, examining creation, and pursuing biblical justice and mercy.

Grantmaking

In 2025, the foundation awarded 10 grants totaling $211,018. Grants ranged from $2,000 to $62,009, with a median grant of $15,502.

Notable 2025 grants included $62,009 to Queens University of Charlotte for general operating support; $45,000 to the Foundation of the University of North Carolina at Charlotte for the Herschel and Cornelia Everett Foundation Graduate Fellowship; $25,000 to Brookstone Schools of Mecklenburg County for general operating support; and $24,000 to Gordon-Conwell Theological Seminary for general operating support.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Piedmont Trust Company, Mary Melton, Paul H. Belk, James H. Belk, and Thomas E. Belk as trustees, and Paul Wyche as advisor.

Herschel H and Cornelia N Everett's 2025 filing lists 6 officers; 1 of 6 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Piedmont Trust Company

    Trustee

    On filings since 2021

    2 hrs/week

    $2K (2021) → $30K (2025)

  • James H. Belk

    Trustee

    Advisor → Trustee, 2025

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Mary Melton

    Trustee

    Advisor → Trustee, 2025

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Paul H. Belk

    Trustee

    Advisor → Trustee, 2025

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Thomas E. Belk

    Trustee

    Advisor → Trustee, 2025

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Paul Wyche

    Advisor

    On filings since 2021

    1 hr/week

    $4K (2021) → $0 (2025)

Former officers (3)
  • Former: Cornelia A. Belk (2021–2024) — Advisor
  • Former: Sarah Margaret Tierney (2021–2024) — Advisor
  • Former: Wells Fargo Bank NA (2021) — Trustee

Data from IRS Form 990 filings, 2021–2025. "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

Piedmont Trust Company — Trustee: $30KPiedmont Trust CompanyTrustee$30K

The highest reported compensation on the 2025 filing was $30K, to Piedmont Trust Company (Trustee).

Frequently asked questions about Herschel H and Cornelia N Everett

How much does Herschel H and Cornelia N Everett give each year?

Herschel H and Cornelia N Everett gave $211K across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $120K across 9 grants.

What is Herschel H and Cornelia N Everett's typical grant size?

Herschel H and Cornelia N Everett's median grant in 2025 was $15,502, and its average grant was $21,102, across 10 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Herschel H and Cornelia N Everett that year got $8K on average.

Where does Herschel H and Cornelia N Everett give grants?

Herschel H and Cornelia N Everett gives mostly in North Carolina: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Virginia (9%). The most frequent recipient cities were Charlotte, NC (5 grants) and Charolotte, NC (2 grants).

Does Herschel H and Cornelia N Everett give general operating support?

Yes: 90% of Herschel H and Cornelia N Everett's 2025 grants with a stated purpose (9 of 10) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Herschel H and Cornelia N Everett's largest grantees?

Herschel H and Cornelia N Everett's largest 2025 grantees include Queens University of Charlotte ($62,009), Foundation of the University of North Carolina at Charlotte ($45,000) and Brookstone Schools of Mecklenburg County ($25,000), according to its 2025 IRS Form 990-PF. Together they received 63% of its itemized 2025 grant dollars.

How large is Herschel H and Cornelia N Everett?

Herschel H and Cornelia N Everett reported $4.4M in total assets on its 2025 IRS Form 990-PF. It paid out $241K in qualifying distributions that year, against a required minimum of $223K (roughly 5% of its investment assets).

What does Herschel H and Cornelia N Everett fund?

No mission statement for the foundation is provided. See mission & focus areas ↑

How do I apply for a grant from Herschel H and Cornelia N Everett?

The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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.

Does Herschel H and Cornelia N Everett accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

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Cite this profile

Grantable. (2026). Herschel H and Cornelia N Everett funder profile. GrantGraph. Retrieved October 31, 2026, from https://grantable.co/funders/herschel-h-and-cornelia-n-everett-morg_cd4692ff64284cae82a8275a0efa8f68

BibTeX
@misc{grantable_566093697_2026,
  author       = {{Grantable}},
  title        = {{Herschel H and Cornelia N Everett funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/herschel-h-and-cornelia-n-everett-morg_cd4692ff64284cae82a8275a0efa8f68},
  note         = {Accessed 2026-10-31. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Herschel H and Cornelia N Everett's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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