New Beginnings North Carolina

Private foundation · Grantmaker Morrisville, NC EIN: 83-2502423

New Beginnings North Carolina is a private foundation located in Morrisville, North Carolina. Its 2022–2024 filings report no grants made in any of those years.

New Beginnings North Carolina at a glance

Total assets
$19,626
-58.1% vs 2023
Revenue (2024)
$6,619
-92.1% vs 2023
Qualifying distributions (2024)
$32,462
-50.2% vs 2023
Expenses (2024)
$33,829
-49.8% vs 2023
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

How to apply to New Beginnings North Carolina

How to Apply

The 2024 filing lists paper materials and no restrictions on awards.

Review Cycle
12/31/20, a past deadline listed on the 2024 filing; it is not a current application cycle.
Deadline
12/31/20, a past deadline listed on the 2024 filing; it is not a current application cycle.
Contact

Application contact: New Beginnings North Carolina
Mailing address: 10014 Chapel Hill Rd, Morrisville, NC 27650
Phone: (919) 388-9878
Email: brian@yardnique.com

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who New Beginnings North Carolina funds

How this funder distributes its grants

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

RaleighWake ForestMorrisvilleMount JoyDurham

How New Beginnings North Carolina gives

  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K10 grants2020 0 grants2021 0 grants2022 0 grants2023 0 grants2024

In 2020 it made 10 grants totaling $12K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Marquis Williams Morrisville, NCNew Car Donation$4,500
Camp Kunata-YMCA Wake Forest, NCHelp Kids Go to Summer Camp$2,190
Children Fight Hope Raleigh, NCDonation to Foundation$2,000
Lindsay Selkirk Raleigh, NCHouse Fire$700
Wake Forest Deca Wake Forest, NCDonation to Organization$500
NCFC Scholarship Fund Raleigh, NCHelp Child Pay for Soccer Expenses$500
1 grant to individuals Recipients not named —$500
Robin Tuck Raleigh, NCHosue Fire$500
Teresa Gill Raleigh, NCOut of Work Due to Covid$500
Meghan Kurtz Mount Joy, PAAssitance with Utility Bill$290
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$19,626$6,619$33,829——$32,462$37$80
2023$46,836$84,170$67,359——$65,214$53$191
2022$31,328$41,353$25,861——$25,148$47$128
2021$20,393$24,449$11,576——$11,576$3$84
2020$2,882$5,649$15,148$12,18010—$19$817

Under IRS private-foundation payout rules, New Beginnings North Carolina reported a distributable amount of $80 for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Grantmaking

The foundation reported zero grants in 2022, 2023, and 2024, so there are no recent grant totals, grant counts above zero, typical grant sizes, or grantees to report. Its 2024 filing states that it does not restrict giving to preselected organizations.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists SUMMER DUMONT as director.

New Beginnings North Carolina is led by Summer Dumont, Director on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Summer Dumont

    Director

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about New Beginnings North Carolina

How large is New Beginnings North Carolina?

New Beginnings North Carolina reported $20K in total assets on its 2024 IRS Form 990-PF. It paid out $32K in qualifying distributions that year, against a required minimum of $80 (roughly 5% of its investment assets).

How do I apply for a grant from New Beginnings North Carolina?

The 2024 filing lists paper materials and no restrictions on awards. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is New Beginnings North Carolina's EIN?

New Beginnings North Carolina's EIN (Employer Identification Number) is 83-2502423. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from New Beginnings North Carolina's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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