Mebane Charitable Foundation Inc is a private foundation established in 1992 and located in Garden City, New York. The foundation is a family foundation dedicated to advancing educational excellence, with a particular emphasis on early childhood education and literacy initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$27.1M
+9.4% YoY
Annual Giving
$1.5M
-7.6% YoY
Grant Count
38
-9.5% YoY
Avg Grant Size
$40K
+2.1% YoY
Mission & Focus Areas
Mission: Preparing children for life through literacy.
Vision: A catalyst for literacy innovation in North Carolina and beyond.
Values: Passion. Agility. Impact.
The foundation's work is grounded in founder Allen Mebane's core convictions that:
- Top-tier education is essential for achieving the nation's greatest potential
- Educational opportunity and excellence must begin in the early grades, with reading skills as the foundation of all education
- Every child, regardless of race or socioeconomic background, deserves access to top-tier education that opens doors to extraordinary career opportunities and more fulfilling lives
The foundation operates as a catalyst for innovation and excellence in education by promoting collaborations and partnerships among educational professionals, business leaders, elected officials, and community members. It encourages bold innovation and creative solutions through new, outside-the-box models that enhance educational opportunities for all students.
Grantmaking
The foundation made $1,938,450 in annual grants in 2024. Recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation primarily supports nonprofit initiatives in North Carolina, with particular emphasis on Davie and Yadkin counties. The foundation also supports initiatives beyond North Carolina as part of its vision to be a catalyst for literacy innovation.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $27,051,280
- Total Revenues: $4,607,056
- Total Expenses: $2,329,412
- Number of Employees: 2
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $27,051,280 | $24,738,001 | $26,479,789 |
| Revenue | $4,607,056 | $839,154 | $536,900 |
| Expenses | $2,329,412 | $2,444,783 | $1,971,206 |
| Qualifying Distributions | $2,151,934 | $2,273,593 | $1,751,502 |
| Net Investment Income | $4,448,418 | $663,981 | $385,720 |
| Distributable Amount | $1,708,854 | $1,652,788 | $1,721,001 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
212 grants across all recorded years
Open Grants
1 open opportunity from Mebane Charitable Foundation Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Larry C. Colbourne – President
- Susan Domanski – Office Administrator
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LARRY C COLBOURNE | PRESIDENT & DIRECTOR | 40 | $211,000 |
| MARIANNE C MEBANE | CHAIRPERSON & DIRECTOR | 2 | — |
| PAUL H LIVINGSTON JR | SECRETARY & DIRECTOR | 2 | $4,000 |
| SUSAN DOMANSKI | ASSISTANT SECRETARY | 40 | $76,000 |
| WILLIAM MEBANE | DIRECTOR | 2 | $4,000 |
Recent News & Activity
Recent developments and announcements
In May 2023, the Mebane Foundation selected UNC Charlotte's Cato College of Education as its partner institution to carry forward its long-standing commitment to innovative literacy education in North Carolina and beyond. This followed a competitive statewide search and resulted in a transformational gift of up to $23 million to the institution.
UNC Charlotte to Help Carry on Mebane Foundation Legacy Through Historic\The foundation maintains active partnerships with literacy-focused organizations, including Book Harvest, which has been building a culture of reading for children and families for 15 years through ensuring access to high-quality, age-appropriate books in the home.
UNC Charlotte to Help Carry on Mebane Foundation Legacy Through Historic\Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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