Meg Foundation Inc
MEG FOUNDATION INC is a private foundation based in Raleigh, North Carolina. In 2025, it reported 14 grants totaling $88,000 to charitable organizations, with most grant dollars going to recipients in North Carolina.
Key facts about Meg Foundation Inc
In short: Meg Foundation Inc gave $88K across 14 grants in 2025 (avg $6K), mostly in North Carolina. 7% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 56-2130580
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $88,000
- Grants made (2025)
- 14
- Average grant
- $6,286
- Median grant
- $6,250
- New grantees (estimate)
- 7% first-time grantees (1 of 14, 2025)
- Total assets
- $1,844,498
- Primary geography
- North Carolina (83% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.8M
+12.5% YoY
Annual Giving
$88K
+16.6% YoY
Grant Count
14
+7.7% YoY
Avg Grant Size
$6K
+8.2% YoY
Under IRS private-foundation payout rules, Meg Foundation Inc reported a distributable amount of $84K for 2025 — the minimum it must pay out in qualifying distributions.
Is Meg Foundation Inc open to new grantees?
7%
first-time grantees, 2025
In 2025, 1 of 14 grantees (7%) were first-time recipients. First grants averaged $1K; repeat grants $7K. How we count
Medians: $1K first-time, $8K repeat.
- 93% of 2025 grantees were also funded in 2024. Method
- Giving grew 38% from 2022 to 2025. Method
- In 2025 it paid out 112% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The available information does not state a mission for the foundation. Its 2025 grants included general support for organizations working in areas such as hunger relief, health care, animal welfare, public media, and education, as well as a grant for stained glass windows at a church.
Among the grantees, Inter-Faith Food Shuttle describes its mission as feeding neighbors, teaching self-sufficiency, and growing healthy foods through collaborative approaches to ending hunger. FIGS of Wake County says it helps low-income, uninsured, or underinsured Wake County residents obtain prescription medicines and medical supplies. Planned Parenthood South Atlantic describes its mission as providing inclusive sexual and reproductive health care and advocating for reproductive rights and access.
Grantmaking
In 2025, the foundation made 14 grants totaling $88,000. Grants ranged from $1,000 to $15,000, with a median of $6,250. Its largest listed grants were $15,000 to Inter-Faith Food Shuttle and $10,000 each to American Red Cross, FIGS of Wake County, PBS NC, and Planned Parenthood South Atlantic.
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Geographic Focus
Where this funder awards grants
In 2025, 83% of grant dollars went to recipients in North Carolina, 11% to Iowa, 3% to Washington, DC, and 3% to Georgia.
Grant Distribution by State
Share of 2025 grant dollars across all 14 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $51K (2020) to $88K (2025). In 2025 it made 14 grants totaling $88K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Inter-Faith Food Shuttle ($15K). Together the top 10 received $80K.
Grant Size Distribution
69 grants across all recorded years
The most common grant size was under $50K: 69 grants of 69 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Inter-Faith Food Shuttle Raleigh, NC | General Support | $15,000 |
| American Red Cross Boone, IA | General Support | $10,000 |
| Figs of Wake County Raleigh, NC | General Support | $10,000 |
| PBS NC Research Triangle Park, NC | General Support | $10,000 |
| Planned Parenthood South Atlantic Raleigh, NC | General Support | $10,000 |
| Food Bank of Central and Eastern NC Raleigh, NC | General Support | $7,500 |
| SPCA Wake County Raleigh, NC | General Support | $7,500 |
| St Paul Ame Church Raleigh, NC | Stained Glass Windows | $5,000 |
| ASPCA Washington, DC | General Support | $2,500 |
| Elon University Elon, NC | General Support | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant sum | Grant count |
|---|---|---|---|---|---|
| 2025 | $1,844,498 | $350,861 | $104,472 | $88,000 | 14 |
| 2024 | $1,640,077 | $322,367 | $87,148 | $75,500 | 13 |
| 2023 | $1,427,380 | $146,594 | $73,242 | $63,000 | 13 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,844,498 | $1,640,077 | $1,427,380 |
| Revenue | $350,861 | $322,367 | $146,594 |
| Expenses | $104,472 | $87,148 | $73,242 |
| Qualifying Distributions | $93,899 | $80,754 | $68,338 |
| Net Investment Income | $240,525 | $163,665 | $49,518 |
| Distributable Amount | $83,509 | $74,361 | $65,796 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists M Elizabeth Gant as president and treasurer and Grayson E G Hampson as secretary.
Meg Foundation Inc is led by M. Elizabeth Gant, President & Treasurer on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
M. Elizabeth Gant
President & Treasurer
On filings since 2020
No compensation reported
Grayson E. G. Hampson
Secretary
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 6720 Foxfire Place, Raleigh, NC 27615
Phone: (919) 329-2880
Frequently asked questions about Meg Foundation Inc
How much does Meg Foundation Inc give each year?
Meg Foundation Inc gave $88K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $76K across 13 grants.
What is Meg Foundation Inc's typical grant size?
Meg Foundation Inc's median grant in 2025 was $6,250, and its average grant was $6,286, across 14 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Meg Foundation Inc that year got $1K on average.
Where does Meg Foundation Inc give grants?
Meg Foundation Inc gives mostly in North Carolina: 83% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Iowa (11%). The most frequent recipient cities were Raleigh, NC (8 grants).
Does Meg Foundation Inc give general operating support?
Yes: 86% of Meg Foundation Inc's 2025 grants with a stated purpose (12 of 14) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Meg Foundation Inc's largest grantees?
Meg Foundation Inc's largest 2025 grantees include Inter-Faith Food Shuttle ($15,000), American Red Cross ($10,000) and Figs of Wake County ($10,000), according to its 2025 IRS Form 990-PF. Together they received 40% of its itemized 2025 grant dollars.
How large is Meg Foundation Inc?
Meg Foundation Inc reported $1.8M in total assets on its 2025 IRS Form 990-PF. It paid out $94K in qualifying distributions that year, against a required minimum of $84K (roughly 5% of its investment assets).
What does Meg Foundation Inc fund?
The available information does not state a mission for the foundation. Its 2025 grants included general support for organizations working in areas such as hunger relief, health care, animal welfare, public media, and education, as well as a grant for stained glass windows at a church. See mission & focus areas ↑
How do I apply for a grant from Meg Foundation Inc?
The foundation does not accept unsolicited requests for funds; it 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 Meg Foundation Inc's EIN?
Meg Foundation Inc's EIN (Employer Identification Number) is 56-2130580. IRS Form 990 filing data is available on this page for 2020–2025.
Does Meg Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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