Herschel H and Cornelia N Everett
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
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
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
Share of 2025 grant dollars across all 10 itemized grants.
Cities
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
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
| Recipient | Purpose | Amount |
|---|---|---|
| Queens University of Charlotte Charolotte, NC | General Operating Support | $62,009 |
| Foundation of the University of North Carolina at Charlotte Charlotte, NC | Support of the herschel and cornelia everett foundation graduate fellowship | $45,000 |
| Brookstone Schools of Mecklenburg County Charlotte, NC | General Operating Support | $25,000 |
| Gordon Conwell Theological Seminary Inc Charlotte, NC | General Operating Support | $24,000 |
| Union Presbyterian Seminary Richmond, VA | General Operating Support | $20,000 |
| Impact Abuse Prevention Services Charlotte, NC | General Operating Support | $11,003 |
| Beloved Ashville Asheville, NC | General Operating Support | $11,003 |
| Allegro Organizational Solutions Inc Charlotte, NC | General Operating Support-Qcity Movements | $9,003 |
| Presbyterian Homes at Charlotte Inc Charolotte, NC | Genearl Operating Support | $2,000 |
| Covenant College Lookout Mountain, GA | General Operating Support | $2,000 |
Ready to take the next step with Herschel H and Cornelia N Everett?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,381,688 | $557,770 | $258,093 | $211,018 | 10 | $241,007 | $545,105 | $223,099 |
| 2024 | $4,082,011 | $91,671 | $172,913 | $120,000 | 9 | $154,546 | $91,671 | $211,017 |
| 2023 | $4,163,253 | $7,521 | $120,409 | $82,000 | 5 | $100,777 | $53,152 | $195,363 |
| 2022 | $4,276,141 | $207,188 | $210,219 | $142,500 | 6 | $185,655 | $185,624 | $225,524 |
| 2021 | $4,279,172 | $245,280 | $274,993 | $217,000 | 16 | — | $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
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
- 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 11, 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 2026-10-11. 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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