Norris & Kathryn Preyer Fund

GREENSBORO, NC EIN: 56-1637436

Norris & Kathryn Preyer Fund is a private foundation, based in GREENSBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $250K in total assets. In 2024, it awarded 1 grants totaling $13K. Net investment income was $25K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$250K

+6.5% YoY

Annual Giving

$13K

-4.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$13K

-4.1% YoY

Under IRS private-foundation payout rules, Norris & Kathryn Preyer Fund reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

About Norris & Kathryn Preyer Fund

Based on IRS filings

Ready to take the next step with Norris & Kathryn Preyer Fund?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $73K (100%)

States

North Carolina

Cities

Charlotte

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$249,554	$234,293	$246,572
Revenue	$9,598	$8,715	$7,633
Expenses	$14,684	$15,006	$17,337
Qualifying Distributions	$13,163	$13,671	$15,896
Net Investment Income	$24,983	$4,801	$1,901
Distributable Amount	$14,193	$13,129	$13,698

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

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Queens University of Charlotte ($12,776).

Recipient	Purpose	Amount
QUEENS UNIVERSITY OF CHARLOTTE CHARLOTTE, NC	TO ASSIST ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE	$12,776

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
NORRIS W PREYER JR	TRUSTEE	—	—
JANET P NELSON	TRUSTEE	—	—

Frequently Asked Questions

How large is Norris & Kathryn Preyer Fund?

As of 2024, Norris & Kathryn Preyer Fund holds $250K in total assets with $10K in annual revenue. It awarded 1 grants totaling $13K in 2024.

Where does Norris & Kathryn Preyer Fund operate?

Norris & Kathryn Preyer Fund has awarded grants in North Carolina.

What size grants does Norris & Kathryn Preyer Fund award?

In 2024, Norris & Kathryn Preyer Fund awarded 1 grants totaling $13K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Norris & Kathryn Preyer Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Norris & Kathryn Preyer Fund reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.