Lonnie & Carol Poole Family Foundation
The Lonnie & Carol Poole Family Foundation is a private foundation based in Raleigh, North Carolina. In 2024, it reported 41 grants totaling $430,132, with most grant dollars going to recipients in North Carolina.
Lonnie & Carol Poole Family Foundation at a glance
In short: Lonnie & Carol Poole Family Foundation gave $430K across 41 grants in 2024 (avg $10K), mostly in North Carolina. 38% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $430,132
- +82.7% vs 2023
- Grants made (2024)
- 41
- +7.9% vs 2023
- Average grant
- $10,491
- +69.3% vs 2023
- Median grant
- $5,000
- Total assets
- $6,630,186
- -12.5% vs 2023
- New grantees (estimate)
- 38% first-time grantees (15 of 40, 2024)
- 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 October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Lonnie & Carol Poole Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 1000 Social Street 310, Raleigh, NC 27609
Phone: (984) 214-7156
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Lonnie & Carol Poole Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Wake Education Partnership ($87K). Together the top 10 received $310K.
Grant Size Distribution
188 grants across all recorded years
The most common grant size was under $50K: 181 grants of 188 (96%).
Geographic Focus
Where this funder awards grants
In 2024, 87% of grant dollars went to recipients in North Carolina, 8% to Florida, 3% to Massachusetts, 1% to Missouri, and less than 1% to Washington, DC.
Grant Distribution by State
Share of 2024 grant dollars across all 41 itemized grants.
States
Cities
Is Lonnie & Carol Poole Family Foundation open to new grantees?
38%
first-time grantees, 2024
In 2024, 15 of 40 grantees (38%) were first-time recipients. First grants averaged $13K; repeat grants $9K. How we count
Medians: $2K first-time, $5K repeat.
- 45% of 2024 grantees were also funded in 2023. Method
- Giving fell 28% from 2021 to 2024. Method
- In 2024 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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 2020 to 2024, annual grant giving ranged from $235K (2023) to $594K (2021). In 2024 it made 41 grants totaling $430K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wake Education Partnership Raleigh, NC | Charitable | $87,302 |
| Father's Forever Raleigh, NC | Charitable | $35,000 |
| Occoneechee Council BSA Raleigh, NC | Charitable | $30,000 |
| Trinity Baptist Church Lakeland, FL | Charitable | $30,000 |
| University of North Carolina at Chapel Hill Chapel Hill, NC | Charitable | $30,000 |
| Baptists on Mission Cary, NC | Charitable | $25,000 |
| Heywood Christian Ministry Waynesville, NC | Charitable | $25,000 |
| North Carolina State University Raleigh, NC | Charitable | $20,000 |
| Mount Moriah Baptist Church Brockton, MA | Charitable | $15,000 |
| Elon University Elon, NC | Charitable | $10,000 |
Ready to take the next step with Lonnie & Carol Poole Family Foundation?
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 | $6,630,186 | $-459,493 | $488,028 | $430,132 | 41 | $430,132 | $132,802 | $472,730 |
| 2023 | $7,577,707 | $5,541,834 | $246,841 | $235,482 | 38 | $235,482 | $49,382 | $171,220 |
| 2022 | $2,281,674 | $2,716 | $288,480 | $271,450 | 39 | $271,450 | $45,861 | $116,028 |
| 2021 | $2,568,134 | $138,796 | $606,048 | $593,856 | 43 | $593,856 | $126,604 | $139,317 |
| 2020 | $3,034,850 | $51,551 | $370,615 | $352,000 | 27 | — | $32,936 | $155,243 |
Under IRS private-foundation payout rules, Lonnie & Carol Poole Family Foundation reported a distributable amount of $473K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s filing does not state a mission. Its 2024 grantees describe a range of activities: Wake Education Partnership says it works with the Wake County Public School System and community to support students, teachers, and school leadership; Fathers Forever says it helps restore relationships between fathers and their children; and The Green Chair Project says it reuses donated furnishings to support people recovering from homelessness, crisis, or disaster.
Other 2024 recipients describe work in higher education, support for children with developmental needs, ministry to incarcerated people, and services for veterans. These are descriptions of the grantees’ work, not stated priorities of the foundation.
Grantmaking
In 2024, the foundation made 41 grants totaling $430,132. Grants ranged from $500 to $87,302, and the median grant was $5,000. The largest awards included $87,302 to Wake Education Partnership, $35,000 to Fathers Forever, $30,000 each to Occoneechee Council BSA, Trinity Baptist Church, and the University of North Carolina at Chapel Hill, and $25,000 each to Baptists on Mission and Heywood Christian Ministry.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Lonnie Poole as president, Nancy Hall as executive director, and Ven Poole as secretary.
Lonnie & Carol Poole Family Foundation is led by Lonnie Poole, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lonnie Poole
President
On filings since 2020
5 hrs/week
No compensation reported
Nancy Hall
Executive Director
On filings since 2020
5 hrs/week
No compensation reported
Ven Poole
Secretary
On filings since 2020
5 hrs/week
No compensation reported
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.
Frequently asked questions about Lonnie & Carol Poole Family Foundation
How much does Lonnie & Carol Poole Family Foundation give each year?
Lonnie & Carol Poole Family Foundation gave $430K across 41 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $235K across 38 grants.
What is Lonnie & Carol Poole Family Foundation's typical grant size?
Lonnie & Carol Poole Family Foundation's median grant in 2024 was $5,000, and its average grant was $10,491, across 41 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Lonnie & Carol Poole Family Foundation that year got $13K on average.
Where does Lonnie & Carol Poole Family Foundation give grants?
Lonnie & Carol Poole Family 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 Florida (8%). The most frequent recipient cities were Raleigh, NC (21 grants) and Cary, NC (2 grants).
Does Lonnie & Carol Poole Family Foundation give general operating support?
Not in 2024: none of the 41 grants with a stated purpose on Lonnie & Carol Poole Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (40 grants).
Who are Lonnie & Carol Poole Family Foundation's largest grantees?
Lonnie & Carol Poole Family Foundation's largest 2024 grantees include Wake Education Partnership ($87,302), Father's Forever ($37,500 across 2 grants) and Occoneechee Council BSA ($30,000), according to its 2024 IRS Form 990-PF. Together they received 36% of its itemized 2024 grant dollars.
How large is Lonnie & Carol Poole Family Foundation?
Lonnie & Carol Poole Family Foundation reported $6.6M in total assets on its 2024 IRS Form 990-PF. It paid out $430K in qualifying distributions that year, against a required minimum of $473K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Lonnie & Carol Poole Family Foundation fund?
The foundation’s filing does not state a mission. See mission & focus areas ↑
How do I apply for a grant from Lonnie & Carol Poole Family Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Lonnie & Carol Poole Family Foundation's EIN?
Lonnie & Carol Poole Family Foundation's EIN (Employer Identification Number) is 56-2087730. IRS Form 990 filing data is available on this page for 2020–2024.
Does Lonnie & Carol Poole Family Foundation 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 2020–2024
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Cite this profile
Grantable. (2026). Lonnie & Carol Poole Family Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/lonnie-and-carol-poole-family-foundation-morg_72259d1e085b4a8dbcc9558ebf625c3f
BibTeX
@misc{grantable_562087730_2026,
author = {{Grantable}},
title = {{Lonnie \& Carol Poole Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/lonnie-and-carol-poole-family-foundation-morg_72259d1e085b4a8dbcc9558ebf625c3f},
note = {Accessed 2026-10-10. 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 Lonnie & Carol Poole Family Foundation'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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