Jerome Daley Apostolic Foundation
Jerome Daley Apostolic Foundation is a private foundation, based in Banner Elk, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $107K in total assets. In 2024, it awarded 7 grants totaling $30K. Net investment income was $283.
Jerome Daley Apostolic Foundation at a glance
In short: Jerome Daley Apostolic Foundation gave $30K across 7 grants in 2024 (avg $4K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $30,371
- +32.5% vs 2023
- Grants made (2024)
- 7
- -61.1% vs 2023
- Average grant
- $4,339
- +240.8% vs 2023
- Median grant
- $1,300
- Total assets
- $107,043
- -30.3% vs 2023
- Primary geography
- North Carolina (87% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Jerome Daley Apostolic Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Grace Church ($15K). Together the top 7 received $30K.
Grant Size Distribution
87 grants across all recorded years
The most common grant size was under $50K: 87 grants of 87 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
States
Cities
How Jerome Daley Apostolic Foundation gives
- Giving held roughly steady from 2021 to 2024 (+14%). Method
- In 2024 it paid out 443% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $23K (2023) to $52K (2022). In 2024 it made 7 grants totaling $30K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Grace Church Chapel Hill, NC | General Fund | $15,030 |
| Ryan Peterson John Doe Ministries Pinehurst, NC | Religious/Ministry | $10,000 |
| Clint Miller John Doe Ministries Springfield, MO | Mission | $2,000 |
| Ben Goodman John Doe Ministries Fayetteville, NC | Evangelism | $1,300 |
| The Hunger Coalition Bellevue, ID | General | $1,030 |
| Mpact Churches Columbia, SC | General Fund | $720 |
| Rick Clarke John Doe Ministries Glenora, CA | Missions | $291 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $107,043 | $49,009 | $93,946 | $30,371 | 7 | $30,371 | $283 | $6,858 |
| 2023 | $153,603 | $40,364 | $95,361 | $22,919 | 18 | $22,919 | $264 | $9,016 |
| 2022 | $203,338 | $112,232 | $93,309 | $52,447 | 20 | $52,447 | $168 | $8,977 |
| 2021 | $182,805 | $57,265 | $66,968 | $26,750 | 19 | $26,750 | $4,596 | $9,787 |
| 2020 | $195,879 | $-22,272 | $77,613 | $37,399 | 23 | — | $2,741 | $14,096 |
Under IRS private-foundation payout rules, Jerome Daley Apostolic Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Jerome Daley Apostolic Foundation's 2024 filing lists 2 officers; 1 of 2 officers listed in 2024 is compensated.
Officers on the 2024 filing
Genevieve Daley
Director
Bookkeeping → Director, 2021
On filings since 2020
$3K (2020) → $0 (2024)
Jerome Daley
Director
On filings since 2020
$6K (2020) → $5K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $5K, to Jerome Daley (Director).
Frequently asked questions about Jerome Daley Apostolic Foundation
How much does Jerome Daley Apostolic Foundation give each year?
Jerome Daley Apostolic Foundation gave $30K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $23K across 18 grants.
What is Jerome Daley Apostolic Foundation's typical grant size?
Jerome Daley Apostolic Foundation's median grant in 2024 was $1,300, and its average grant was $4,339, across 7 grants on its 2024 IRS Form 990-PF.
Where does Jerome Daley Apostolic Foundation give grants?
Jerome Daley Apostolic Foundation gives mostly in North Carolina: 87% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Missouri (7%).
Does Jerome Daley Apostolic Foundation give general operating support?
Yes: 43% of Jerome Daley Apostolic Foundation's 2024 grants with a stated purpose (3 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Jerome Daley Apostolic Foundation's largest grantees?
Jerome Daley Apostolic Foundation's largest 2024 grantees include Grace Church ($15,030), Ryan Peterson John Doe Ministries ($10,000) and Clint Miller John Doe Ministries ($2,000), according to its 2024 IRS Form 990-PF. Together they received 89% of its itemized 2024 grant dollars.
How large is Jerome Daley Apostolic Foundation?
Jerome Daley Apostolic Foundation reported $107K in total assets on its 2024 IRS Form 990-PF. It paid out $30K in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets).
What is Jerome Daley Apostolic Foundation's EIN?
Jerome Daley Apostolic Foundation's EIN (Employer Identification Number) is 20-2043107. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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