North Carolina Insurance and Financial

Private foundation · Grantmaker Charlotte, NC EIN: 58-1837139

North Carolina Insurance and Financial is a private foundation, based in Charlotte, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $307K in total assets. In 2024, it awarded 3 grants totaling $25K. Net investment income was $21K.

North Carolina Insurance and Financial at a glance

In short: North Carolina Insurance and Financial gave $25K across 3 grants in 2024 (avg $8K), top state Texas. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$24,975
Grants made (2024)
3
Average grant
$8,325
Median grant
$8,325
Total assets
$306,898
Primary geography
Texas (33% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who North Carolina Insurance and Financial funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Operation Airdrop: $8KOperation Airdrop$8KCivilian Disaster Response Organization: $8KCivilian Disaster ResponseOrganization$8KCajun Navy 2016: $8KCajun Navy 2016$8K

The largest 2024 recipient was Operation Airdrop ($8K). Together the top 3 received $25K.

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

BedfordLeicesterWatson

How North Carolina Insurance and Financial gives

  • In 2024 it paid out 160% of 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$10K$20K$30K0 grants2020 0 grants2021 0 grants2022 3 grants2024

In 2024 it made 3 grants totaling $25K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Operation Airdrop Bedford, TXTo provide relief to the victims of hurricane helene$8,325
Civilian Disaster Response Organization Leicester, NCTo provide relief to the victims of hurricane helene$8,325
Cajun Navy 2016 Watson, LATo provide relief to the victims of hurricane helene$8,325
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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$306,898$21,295$27,339$24,9753$24,975$20,506$15,629
2022$283,733$14,321$1,367—————
2021$322,184$1,272$2,334—————
2020$304,052$9,036$6,924—————

Under IRS private-foundation payout rules, North Carolina Insurance and Financial reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

North Carolina Insurance and Financial is led by Brian Cooper, President since 2024 (on filings since 2020); none of the 12 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Brian Cooper

    President

    Director → President, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Janice M. Stevens

    Executive Director

    On filings since 2020

    40 hrs/week

    No compensation reported

  • Andrew Jones

    Secretary

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Elie Aharon

    At Large

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Fred Joyner

    At Large

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Jason Austell

    Immediate Past President

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • John Mazza

    At Large

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Matt Stone

    Treasurer

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Paul Johnson

    At Large

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Roger Sims

    At Large

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Sean O'Brien

    At Large

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Shanna B. Strickland

    President-Elect

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (7)
  • Former: Bonnie Williams (2020–2022) — Director
  • Former: David Caplan (2020–2022) — Director
  • Former: Deborah Foster (2020–2022) — Secretary & Treasurer
  • Former: Fran Albritton (2020–2022) — Director
  • Former: Jim Coviello (2020–2022) — President
  • Former: Shannon Shouse (2020–2022) — Director
  • Former: William Solomon (2020–2022) — Director

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 North Carolina Insurance and Financial

How much does North Carolina Insurance and Financial give each year?

North Carolina Insurance and Financial gave $25K across 3 grants in 2024, according to its 2024 IRS Form 990-PF.

What is North Carolina Insurance and Financial's typical grant size?

North Carolina Insurance and Financial's median grant in 2024 was $8,325, and its average grant was $8,325, across 3 grants on its 2024 IRS Form 990-PF.

Where does North Carolina Insurance and Financial give grants?

North Carolina Insurance and Financial's top state is Texas, with 33% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were North Carolina (33%) and Louisiana (33%).

Does North Carolina Insurance and Financial give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on North Carolina Insurance and Financial's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Provide Relief to the Victims of Hurricane Helene" (3 grants).

How large is North Carolina Insurance and Financial?

North Carolina Insurance and Financial reported $307K in total assets on its 2024 IRS Form 990-PF. It paid out $25K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets).

What is North Carolina Insurance and Financial's EIN?

North Carolina Insurance and Financial's EIN (Employer Identification Number) is 58-1837139. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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 North Carolina Insurance and Financial'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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