MOREHEAD-CAIN SCHOLARSHIP FUND PROVIDES SUPPORT FOR THE MOREHEAD-CAIN PROGRAM AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$59.4M
+1.8% YoY
Annual Giving
$9.7M
+192.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$9.7M
+192.1% YoY
About Morehead-cain Scholarship Fund
Based on IRS filings
Morehead-cain Scholarship Fund is a nonprofit organization focused on Education, based in CHAPEL HILL, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $59.4M in total assets. In 2024, it awarded 1 grants totaling $9.7M. Net investment income was $5.2M.
Focus Areas
Ready to take the next step with Morehead-cain Scholarship Fund?
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 | $59,412,458 | $58,361,417 | $57,055,868 |
| Revenue | $9,339,120 | $7,535,675 | $5,585,663 |
| Expenses | $9,990,182 | $3,611,540 | $3,129,712 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $5,180,748 | $2,488,254 | $2,104,945 |
| Distributable Amount | — | — | — |
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
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Morehead-cain Foundation ($9,714,157).
| Recipient | Purpose | Amount |
|---|---|---|
| THE MOREHEAD-CAIN FOUNDATION CHAPEL HILL, NC | TO SUPPORT HIGHER EDUCATION | $9,714,157 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PHILIP E BERNEY | CHAIR | 2.5 | — |
| KATHERINE KIRBY DUNLEAVY | VICE CHAIR | 2.5 | — |
| ROBERT J BACH | DIRECTOR | 2.5 | — |
| RACHELLE A FELDMAN | DIRECTOR | 2.5 | — |
| SHANA L FULTON | DIRECTOR | 2.5 | — |
| HARVEY L KENNEDY | DIRECTOR | 2.5 | — |
| JANORA MCDUFFIE-RYAN | DIRECTOR | 2.5 | — |
| PAMELA ALSTON OLIVER | DIRECTOR | 2.5 | — |
| DAVID S ROUTH | DIRECTOR | 2.5 | — |
| JENNIFER AYER SANDELL | DIRECTOR | 2.5 | — |
| RAYMOND D SAWYER | DIRECTOR | 2.5 | — |
| MATTHEW L SOULE | DIRECTOR | 2.5 | — |
| ROBERT J SQUIRE | DIRECTOR | 2.5 | — |
| BRIAN G STRONG | DIRECTOR | 2.5 | — |
| OTIS E TILLMAN JR | DIRECTOR | 2.5 | — |
| ANTONIO URSANO JR | DIRECTOR | 2.5 | — |
| MADHULIKA VULIMIRI | DIRECTOR | 2.5 | — |
| CHRISTOPHER J BRADFORD | PRESIDENT | 2.5 | — |
| STEVEN R MICHALAK | TREASURER | 2.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Morehead-cain Scholarship Fund?
Morehead-cain Scholarship Fund is a nonprofit organization focused on Education, based in CHAPEL HILL, NC. It holds $59.4M in total assets as of 2024.
How large is Morehead-cain Scholarship Fund?
As of 2024, Morehead-cain Scholarship Fund holds $59.4M in total assets with $9.3M in annual revenue. It awarded 1 grants totaling $9.7M in 2024.
Where does Morehead-cain Scholarship Fund operate?
Morehead-cain Scholarship Fund has awarded grants in North Carolina.
What size grants does Morehead-cain Scholarship Fund award?
In 2024, Morehead-cain Scholarship Fund awarded 1 grants totaling $9.7M — an average of about $9.7M per grant, based on its IRS Form 990 filings.
What is Morehead-cain Scholarship Fund's EIN?
Morehead-cain Scholarship Fund's EIN (Employer Identification Number) is 56-2462593. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Morehead-cain Scholarship Fund's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
C Eugene Ireland Foundation Inc
BIRMINGHAM, AL
Assets
$2.5M
Grants
68
Total Given
$350K
State Employees Credit Union Foundation
RALEIGH, NC
Assets
$68.8M
Grants
1,788
Total Given
$17.3M
Foundation for the Carolinas
CHARLOTTE, NC
Assets
$3.9B
Grants
1,605
Total Given
$609.1M
Dogwood Health Trust
ASHEVILLE, NC
Assets
$2.0B
Grants
835
Total Given
$148.2M
The Winston-Salem Foundation
WINSTONSALEM, NC
Assets
$630.1M
Grants
823
Total Given
$88.8M
GiveClear Foundation
CHARLOTTE, NC
Assets
$215.4M
Grants
816
Total Given
$28.8M
North Carolina Community Foundation
RALEIGH, NC
Assets
$569.1M
Grants
732
Total Given
$30.6M
Triangle Community Foundation Inc
DURHAM, NC
Assets
$311.2M
Grants
558
Total Given
$23.4M
The Labcorp Charitable Foundation
BURLINGTON, NC
Assets
$19.8M
Grants
558
Total Given
$2.6M
The Community Foundation
ASHEVILLE, NC
Assets
$434.9M
Grants
514
Total Given
$17.7M
The Duke Endowment
CHARLOTTE, NC
Assets
$3.6B
Grants
480
Total Given
$251.2M
The Leon Levine Foundation
CHARLOTTE, NC
Assets
$1.1B
Grants
433
Total Given
$42.2M
More Funders in North Carolina
Data last updated April 2026. Sourced from IRS Form 990-PF filings.