Jenkins-tapp Foundation

KINSTON, NC EIN: 56-0845817

Jenkins-tapp Foundation is a private foundation, based in KINSTON, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $97K in total assets. In 2024, it awarded 8 grants totaling $14K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$97K

-13.6% YoY

Annual Giving

$14K

+250.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$2K

+250.0% YoY

Under IRS private-foundation payout rules, Jenkins-tapp Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About Jenkins-tapp Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $34K (100%)

States

North Carolina

Cities

Kinston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$97,343	$112,647	$117,919
Revenue	$69	$101	$46
Expenses	$15,373	$5,373	$5,251
Qualifying Distributions	$14,000	$4,000	$4,000
Net Investment Income	—	—	—
Distributable Amount	$5,075	$5,789	$6,010

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

40 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Mary's Church ($10,600), Kinston Arts Council ($500), St Mary's Kitchen ($500).

Recipient	Purpose	Amount
KINSTON ARTS COUNCIL KINSTON, NC	PROGRAM SERVICES	$500
ST MARY'S KITCHEN KINSTON, NC	PROGRAM SERVICES	$500
LENOIR COUNTY HISTORICAL ASSOCIATIO KINSTON, NC	PROGRAM SERVICES	$500
LENOIR COUNTY HOSPITAL FOUNDATION KINSTON, NC	PROGRAM SERVICES	$500
ST MARY'S CHURCH KINSTON, NC	PROGRAM SERVICES	$10,600
DIOCESE OF EAST CAROLINA KINSTON, NC	PROGRAM SERVICES	$500
LENOIR COMMUNITY COLLEGE FOUNDATION KINSTON, NC	PROGRAM SERVICES	$400
LENOIR COUNTY LIBRARY KINSTON, NC	PROGRAM SERVICES	$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
LEE B JENKINS	PRES./TREAS	—	—
COLEMAN J DANCE	V.PRES/ASST	—	—

Frequently Asked Questions

How large is Jenkins-tapp Foundation?

As of 2024, Jenkins-tapp Foundation holds $97K in total assets with $69 in annual revenue. It awarded 8 grants totaling $14K in 2024.

Where does Jenkins-tapp Foundation operate?

Jenkins-tapp Foundation has awarded grants in North Carolina.

What size grants does Jenkins-tapp Foundation award?

In 2024, Jenkins-tapp Foundation awarded 8 grants totaling $14K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Jenkins-tapp Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jenkins-tapp Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.