O Temple Sloan Jr Foundation
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.
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
Share of 2024 grant dollars across all 199 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The largest 2024 recipient was DIX Park Conservancy ($200K). Together the top 10 received $961K.
Grant Size Distribution
996 grants across all recorded years
The most common grant size was under $50K: 935 grants of 996 (94%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| DIX Park Conservancy Raleigh, NC | General Operation Expenses | $200,000 |
| NC Zoological Society Asheboro, NC | General Operation Expenses | $150,000 |
| Boy Scouts of America Irving, TX | General Operation Expenses | $100,000 |
| Ravenscroft School Raleigh, NC | General Operation Expenses | $100,000 |
| First Presbyterian Church Raleigh, NC | General Operation Expenses | $94,000 |
| University of Montana Western Dillon, MT | General Operation Expenses | $90,000 |
| Foundation for the Carolinas Charlotte, NC | General Operation Expenses | $66,700 |
| Hospice of Wake County DBA Transitions Lifecare Raleigh, NC | General Operation Expenses | $55,000 |
| NC Museum of Natural Sciences Raleigh, NC | General Operation Expenses | $55,000 |
| Hearts and Hands for Haiti Raleigh, NC | General 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 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
- Added Form 990-PF for fiscal year 2024 (received by the IRS August 26, 2026)
- 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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