O Temple Sloan Jr Foundation logo

O Temple Sloan Jr Foundation

Private foundation · Grantmaker Raleigh, NC EIN: 56-1870844 Website

The O Temple Sloan Jr Foundation is a private foundation based in Raleigh, North Carolina. Founded in 1994 by business executive O. Temple Sloan, Jr., and his wife, Carol C. Sloan, it supports organizations through grants and offers merit- and need-based scholarships to undergraduate students.

Key facts about O Temple Sloan Jr Foundation

In short: O Temple Sloan Jr Foundation gave $2.6M across 199 grants in 2024 (avg $13K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.

EIN
56-1870844
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,553,287
Grants made (2024)
199
Average grant
$12,831
Median grant
$6,500
Total assets
$39,294,313
Primary geography
North Carolina (74% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation’s website says it does not accept unsolicited requests or proposals and instead invites a limited number of nonprofit organizations in the Triangle and Southwest Montana to present grant requests. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$39.3M

+5.9% YoY

Annual Giving

$2.6M

+0.2% YoY

Grant Count

199

-6.1% YoY

Avg Grant Size

$13K

+6.7% YoY

Under IRS private-foundation payout rules, O Temple Sloan Jr Foundation reported a distributable amount of $2.4M for 2024 — the minimum it must pay out in qualifying distributions.

How O Temple Sloan Jr Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+16%). Method
  • In 2024 it paid out 112% of its IRS minimum distribution (the 5% rule). Method

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

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

Mission & Focus Areas

The foundation’s stated mission is to share its resources to promote Christian values, educational development, and quality of life within its community. Its website describes grants to organizations and scholarships for undergraduate students.

Examples of supported organizations illustrate a range of work. Ravenscroft School describes its mission as operating an independent nonprofit school from preschool through grade twelve. Hearts and Hands for Haiti says it provides education and assistance to youth and families in Haiti, and promotes their spiritual, educational, physical, emotional, and vocational development. The William Black Lodge says it provides lodging and meals for Presbyterian ministers and other religious workers. The Patriot Foundation describes its work as providing scholarship funds for families of service members killed, wounded, or injured while serving the nation.

Grantmaking

In 2023, the foundation reported 212 grants totaling $2,549,382. Grants ranged from $366 to $100,000, with a median grant of $6,500. Larger awards included $100,000 each to Dix Park Conservancy (three grants listed at that amount) and NC Zoological Society, and $100,000 to Ravenscroft School. Other listed awards included $50,000 to The Women’s Resource Community Support Center, Boy Scouts of America, First Presbyterian Church, Hospice of Wake County dba Transitions LifeCare, and NC Symphony.

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Geographic Focus

Where this funder awards grants

The foundation’s website describes invitations to nonprofit organizations in the Triangle and Southwest Montana. In 2023, 74% of grant dollars went to recipients in North Carolina, 19% to Montana, 4% to Texas, 2% to Virginia, and 0% to South Carolina.

The foundation’s scholarships are offered to undergraduate students who are residents of North Carolina or Montana.

Grant Distribution by State

15states

Share of 2024 grant dollars across all 199 itemized grants.

Cities

RaleighDillonChapel HillWake ForestOxfordWendellYoungsvilleCaryMorehead CitySanfordBozemanCharlotteClaytonGarnerIrvingBooneDurhamGreenvilleGreensboroButte

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M190 grants2020 200 grants2021 195 grants2022 212 grants2023 199 grants2024

From 2020 to 2024, annual grant giving ranged from $2.0M (2022) to $2.6M (2024). In 2024 it made 199 grants totaling $2.6M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DIX Park Conservancy: $200KDIX Park Conservancy$200KNC Zoological Society: $150KNC Zoological Society$150KBoy Scouts of America: $100KBoy Scouts of America$100KRavenscroft School: $100KRavenscroft School$100KFirst Presbyterian Church: $94KFirst Presbyterian Church$94KUniversity of Montana Western: $90KUniversity of Montana Western$90KFoundation for the Carolinas: $67KFoundation for the Carolinas$67KHospice of Wake County DBA Transitions Lifecare: $55KHospice of Wake County DBATransitions Lifecare$55KNC Museum of Natural Sciences: $55KNC Museum of Natural Sciences$55KHearts and Hands for Haiti: $50KHearts and Hands for Haiti$50K

The largest 2024 recipient was DIX Park Conservancy ($200K). Together the top 10 received $961K.

Grant Size Distribution

996 grants across all recorded years

935<$50K43$50–100K18$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 935 grants of 996 (94%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
DIX Park Conservancy Raleigh, NCGeneral Operation Expenses$200,000
NC Zoological Society Asheboro, NCGeneral Operation Expenses$150,000
Boy Scouts of America Irving, TXGeneral Operation Expenses$100,000
Ravenscroft School Raleigh, NCGeneral Operation Expenses$100,000
First Presbyterian Church Raleigh, NCGeneral Operation Expenses$94,000
University of Montana Western Dillon, MTGeneral Operation Expenses$90,000
Foundation for the Carolinas Charlotte, NCGeneral Operation Expenses$66,700
Hospice of Wake County DBA Transitions Lifecare Raleigh, NCGeneral Operation Expenses$55,000
NC Museum of Natural Sciences Raleigh, NCGeneral Operation Expenses$55,000
Hearts and Hands for Haiti Raleigh, NCGeneral Operation Expenses$50,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant sum Grant count
2023 $37,116,101 $3,444,702 $2,838,423 $2,549,382 212
2022 $36,630,889 $4,066,535 $2,441,552 $2,019,456 195
2021 $34,936,587 $3,026,356 $2,512,835 $2,200,233 200
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$39,294,313$37,116,101$36,630,889
Revenue$5,131,938$3,444,702$4,066,535
Expenses$2,928,538$2,838,423$2,441,552
Qualifying Distributions$2,667,526$2,674,136$2,122,587
Net Investment Income$4,855,926$2,850,415$3,731,070
Distributable Amount$2,378,396$2,197,453$2,498,726

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2024 (received by the IRS August 26, 2026)
  2. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Leadership team and compensation from IRS filings

The 2023 filing lists O Temple Sloan Jr, Carson S Henline, Mark H Sloan, O Temple Sloan III, and James R Myers as trustees.

O Temple Sloan Jr Foundation's 2024 filing lists 5 officers; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Carson S. Henline

    Trustee

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • James R. Myers

    Trustee

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Mark H. Sloan

    Trustee

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • O. Temple Sloan III

    Trustee

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • O. Temple Sloan Jr.

    Trustee

    On filings since 2020

    0.1 hrs/week

    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.

Contact

Application contact: Cheryl P Ligon
Mailing address: 4900 Falls Of Neuse Road Suite 150, Raleigh, NC 27609
Phone: (919) 573-2911
Website: https://templesloanfamilyfoundation.com

Frequently asked questions about O Temple Sloan Jr Foundation

How much does O Temple Sloan Jr Foundation give each year?

O Temple Sloan Jr Foundation gave $2.6M across 199 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.5M across 212 grants.

What is O Temple Sloan Jr Foundation's typical grant size?

O Temple Sloan Jr Foundation's median grant in 2024 was $6,500, and its average grant was $12,831, across 199 grants on its 2024 IRS Form 990-PF.

Where does O Temple Sloan Jr Foundation give grants?

O Temple Sloan Jr Foundation gives mostly in North Carolina: 74% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Montana (20%). The most frequent recipient cities were Dillon, MT (62 grants), Raleigh, NC (52 grants), Wake Forest, NC (5 grants) and Youngsville, NC (5 grants).

Does O Temple Sloan Jr Foundation give general operating support?

Yes: 42% of O Temple Sloan Jr Foundation's 2024 grants with a stated purpose (83 of 199) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Scholarship - East Carolina University" (11 grants), "Scholarship - North Carolina State University" (10 grants) and "Scholarship - Montana State University" (9 grants).

Who are O Temple Sloan Jr Foundation's largest grantees?

O Temple Sloan Jr Foundation's largest 2024 grantees include DIX Park Conservancy ($200,000), NC Zoological Society ($150,000) and Boy Scouts of America ($100,000), according to its 2024 IRS Form 990-PF. Together they received 18% of its itemized 2024 grant dollars.

How large is O Temple Sloan Jr Foundation?

O Temple Sloan Jr Foundation reported $39.3M in total assets on its 2024 IRS Form 990-PF. It paid out $2.7M in qualifying distributions that year, against a required minimum of $2.4M (roughly 5% of its investment assets).

What does O Temple Sloan Jr Foundation fund?

The foundation’s stated mission is to share its resources to promote Christian values, educational development, and quality of life within its community. Its website describes grants to organizations and scholarships for undergraduate students. See mission & focus areas ↑

How do I apply for a grant from O Temple Sloan Jr Foundation?

The foundation’s website says it does not accept unsolicited requests or proposals and instead invites a limited number of nonprofit organizations in the Triangle and Southwest Montana to present grant requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is O Temple Sloan Jr Foundation's EIN?

O Temple Sloan Jr Foundation's EIN (Employer Identification Number) is 56-1870844. IRS Form 990 filing data is available on this page for 2020–2024.

Does O Temple Sloan Jr Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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