Michael and Laura Brader-Araje

Foundation · Grantmaker Chapel Hill, NC EIN: 56-2205579

Michael and Laura Brader-Araje is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chapel Hill, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 12 grants totaling $249K. Net investment income was $19K.

Key facts about Michael and Laura Brader-Araje

EIN: 56-2205579
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $249,000
Grants made (2024): 12
Average grant: $20,750
Median grant: $16,250
New grantees (estimate): 8% first-time grantees (1 of 12, 2024)
Total assets: $5,329,030
Primary geography: North Carolina (94% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Michael and Laura Brader-Araje funds

By grant dollars, the top recipient states for Michael and Laura Brader-Araje's 12 itemized 2024 grants were North Carolina (94%). The most frequent recipient cities were Chapel Hill, NC (5 grants) and Raleigh, NC (2 grants). None of its 12 grants with a stated purpose were described as general or operating support.

Is Michael and Laura Brader-Araje open to new grantees?

first-time grantees, 2024

In 2024, 1 of 12 grantees (8%) were first-time recipients. First grants averaged $12K; repeat grants $22K. How we count

Medians: $12K first-time, $18K repeat.

75% of 2024 grantees were also funded in 2023. Method
Giving grew 33% from 2021 to 2024. Method
In 2024 it paid out 103% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Michael and Laura Brader-Araje

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.3M

-4.9% YoY

Annual Giving

$249K

+12.1% YoY

Grant Count

-14.3% YoY

Avg Grant Size

$21K

+30.8% YoY

Under IRS private-foundation payout rules, Michael and Laura Brader-Araje reported a distributable amount of $342K for 2024 — the minimum it must pay out in qualifying distributions.

About Michael and Laura Brader-Araje

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $234K (94%)

Pennsylvania $10K (4%)

Maryland $5K (2%)

Share of all 12 itemized 2024 grant dollars.

States

Maryland Missouri North Carolina New York Pennsylvania

Cities

Chapel HillRaleighDurhamBethesdaEastonSt LouisCarrboroElonMorrisvilleNew YorkQueens

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,329,030	$5,601,206	$5,769,195
Revenue	$153,066	$222,567	$407,874
Expenses	$448,651	$391,581	$389,891
Qualifying Distributions	$352,028	$307,123	$295,255
Net Investment Income	$19,468	$113,950	$230,347
Distributable Amount	$342,055	$298,081	$276,706

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

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

67 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Chapel Hill-Carrboro Children's Museum DBA Kidzu Children's Museum ($60,000), UNC Health Foundation ($50,000), Wunc Radio ($30,000).

Recipient	Purpose	Amount
CHAPEL HILL-CARRBORO CHILDREN'S MUSEUM DBA KIDZU CHILDREN'S MUSEUM Chapel Hill, NC	SUPPORT HANDS-ON CHILDREN'S MUSEUM	$60,000
UNC HEALTH FOUNDATION Chapel Hill, NC	SUPPORT UNC SCHOOL OF MEDICINCE AND UNC HEALTH CARE	$50,000
WUNC RADIO Chapel Hill, NC	SUPPORT PUBLIC RADIO	$30,000
LILLIAN'S LIST FOUNDATION Raleigh, NC	SUPPORT THE TRAINING OF WOMEN INTERESTED IN PUBLIC OFFICE	$20,000
PLANNED PARENTHOOD - SOUTH ATLANTIC Raleigh, NC	SUPPORT THE IMPROVEMENT OF WOMEN'S HEALTH AND WELFARE	$20,000
MOREHEAD PLANETARIUM & SCIENCE CENTER Chapel Hill, NC	SUPPORT SCIENCE EDUCATION	$17,500
TRIANGLE ULTIMATE Morrisville, NC	SUPPORTING THE COMUNITY BY EMPHASIZING ACCESSIBIITY, RELATIONSHIPS, AND ENGAGEMENT THROUGH LEARNING, PLAYING, AND TEACHING THE SPORT OF ULTIMATE IN THE TRIANGLE REGION OF NORTH CAROLINA.	$15,000
DUKE UNIVERSITY Durham, NC	SUPPORT THE FRESH PRODUCE PROGRAM IN IMPROVING COMMUNITY HEALTH	$12,000
LAFAYETTE COLLEGE Easton, PA	SUPPORT HIGHER EDUCATION	$10,000
ELON UNIVERSITY Elon, NC	SUPPORT PHILANTHROPIC INVOLVEMENT AND EDUCATION AT ELON UNIVERSITY	$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Michael Brader-Araje	President/Secretary	5	—
Laura Brader-Araje	Vice President/Treasurer	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Michael and Laura Brader-Araje?

Michael and Laura Brader-Araje is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chapel Hill, NC. It holds $5.3M in total assets as of 2024.

How large is Michael and Laura Brader-Araje?

As of 2024, Michael and Laura Brader-Araje holds $5.3M in total assets with $153K in annual revenue. It awarded 12 grants totaling $249K in 2024.

Where does Michael and Laura Brader-Araje operate?

Michael and Laura Brader-Araje has awarded grants in Maryland, Missouri, North Carolina, New York, Pennsylvania.

What size grants does Michael and Laura Brader-Araje award?

In 2024, Michael and Laura Brader-Araje awarded 12 grants totaling $249K — an average of about $21K per grant, based on its IRS Form 990 filings.

How much is Michael and Laura Brader-Araje required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Michael and Laura Brader-Araje reported a distributable amount of $342K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Michael and Laura Brader-Araje's EIN?

Michael and Laura Brader-Araje's EIN (Employer Identification Number) is 56-2205579. IRS Form 990 filing data is available on this page for 2020–2024.