Mid-atlantic Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLDSBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 42 grants totaling $49K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+4.1% YoY
Annual Giving
$49K
+7.7% YoY
Grant Count
42
+2.4% YoY
Avg Grant Size
$1K
+5.1% YoY
Under IRS private-foundation payout rules, Mid-atlantic Foundation reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
About Mid-atlantic Foundation
Based on IRS filings
Mid-atlantic Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLDSBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 42 grants totaling $49K. Net investment income was $2K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,334,287 | $1,281,823 | $1,451,510 |
| Revenue | $14,858 | $-24,699 | $16,775 |
| Expenses | $59,786 | $86,170 | $54,799 |
| Qualifying Distributions | $49,242 | $45,736 | $44,155 |
| Net Investment Income | $1,913 | $722 | $8,187 |
| Distributable Amount | $7,734 | $5,698 | $2,498 |
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
176 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Way of Wayne County ($12,000), The Foundation of Wayne Community C ($5,000), Gold City House of Music ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOY SCOUTS OF AMERICA GOLDSBORO, NC | SUPPORT FOR BSA | $500 |
| FRIENDS OF THE LIBRARY GOLDSBORO, NC | EDUCATION | $1,000 |
| GEORGE WHITFIELD CLINIC GOLDSBORO, NC | EDUCATION | $300 |
| GOLDSBORO SCHOOL OF BALLET GOLDSBORO, NC | SCHOLARSHIP | $2,000 |
| HABITAT FOR HUMANITY GOLDSBORO, NC | HUMAN SERVICES | $2,000 |
| JEWISH EDUCATIONAL LOAN FUND ATLANTA, GA | SCHOLARSHIPS | $500 |
| MISS GOLDSBORO SCHOLAR PAGEANT GOLDSBORO, NC | SCHOLARSHIP SUPPORT | $500 |
| NORTH CAROLINA MUSEUM OF ART RALEIGH, NC | STATE ART MUSEUM | $1,000 |
| NORTH CAROLINA SYMPHONY RALEIGH, NC | ARTS & HUMANITIES | $1,000 |
| PARTNERSHIP FOR CHILDREN GOLDSBORO, NC | SUPPORT FOR CHILDREN IN PROTECTIVE S | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID WEIL | PRESIDENT | — | — |
| EMILY WEIL | CHAIRMAN OF | — | — |
| HENRY WEIL | VICE PRESIDE | — | — |
| LESLIE WEIL | SECRETARY | — | — |
| DAWN AMORY | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mid-atlantic Foundation?
Mid-atlantic Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOLDSBORO, NC. It holds $1.3M in total assets as of 2024.
How large is Mid-atlantic Foundation?
As of 2024, Mid-atlantic Foundation holds $1.3M in total assets with $15K in annual revenue. It awarded 42 grants totaling $49K in 2024.
Where does Mid-atlantic Foundation operate?
Mid-atlantic Foundation has awarded grants in California, Colorado, District of Columbia, Georgia, Massachusetts, North Carolina, New York, Virginia.
What size grants does Mid-atlantic Foundation award?
In 2024, Mid-atlantic Foundation awarded 42 grants totaling $49K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Mid-atlantic Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mid-atlantic Foundation reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mid-atlantic Foundation's EIN?
Mid-atlantic Foundation's EIN (Employer Identification Number) is 56-2026040. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mid-atlantic Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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