Minor Foundation Inc
Minor Foundation Inc is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $139K in total assets. In 2024, it awarded 1 grants totaling $20K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$139K
+84.1% YoY
Annual Giving
$20K
+34.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$20K
+34.1% YoY
Under IRS private-foundation payout rules, Minor Foundation Inc reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About Minor Foundation Inc
Based on IRS filings
Minor Foundation Inc is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $139K in total assets. In 2024, it awarded 1 grants totaling $20K. Net investment income was $5K.
Ready to take the next step with Minor Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $138,727 | $75,350 | $74,920 |
| Revenue | $13,770 | $4,226 | $5,394 |
| Expenses | $21,774 | $21,567 | $7,933 |
| Qualifying Distributions | $20,000 | $14,913 | $5,175 |
| Net Investment Income | $4,760 | — | $349 |
| Distributable Amount | $11,819 | — | $4,457 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Various Charities ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| VARIOUS CHARITIES CHARLOTTE, NC | COMMUNITY | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRENT T MINOR | PRESIDENT | — | — |
| KATHREEN R MINOR | SECRETARY | — | — |
| HARDIN M MINOR | TREASURER | — | — |
Frequently Asked Questions
How large is Minor Foundation Inc?
As of 2024, Minor Foundation Inc holds $139K in total assets with $14K in annual revenue. It awarded 1 grants totaling $20K in 2024.
Where does Minor Foundation Inc operate?
Minor Foundation Inc has awarded grants in North Carolina.
What size grants does Minor Foundation Inc award?
In 2024, Minor Foundation Inc awarded 1 grants totaling $20K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Minor Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Minor Foundation Inc reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Minor Foundation Inc's EIN?
Minor Foundation Inc's EIN (Employer Identification Number) is 56-6047752. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Minor Foundation Inc'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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