Procton Family Foundation
Procton Family Foundation is a private foundation, based in Greensboro, NC. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $19.4M in total assets. In 2025, it awarded 6 grants totaling $825K. Net investment income was $1.5M.
Procton Family Foundation at a glance
In short: Procton Family Foundation gave $825K across 6 grants in 2025 (avg $138K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $825,000
- +175.0% vs 2024
- Grants made (2025)
- 6
- +200.0% vs 2024
- Average grant
- $137,500
- -8.3% vs 2024
- Median grant
- $87,500
- Total assets
- $19,415,042
- +3.9% vs 2024
- Primary geography
- North Carolina (79% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Procton Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Fidelity Donor Advised Fund ($450K). Together the top 6 received $825K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 2 grants of 8 (25%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How Procton Family Foundation gives
- In 2025 it paid out 81% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
From 2024 to 2025, annual grant giving ranged from $300K (2024) to $825K (2025). In 2025 it made 6 grants totaling $825K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Donor Advised Fund Greensboro, NC | General | $450,000 |
| Public Media Bridge Fund Boulder, CO | General | $150,000 |
| University of NC - Wunc Chapel Hill, NC | General | $125,000 |
| WFDD Radio Winston-Salem, NC | General | $50,000 |
| Greensboro Parks Foundation Greensboro, NC | Lindley Pool | $25,000 |
| USA Swimming Foundation Colorado Springs, CO | Learn-to-Swim | $25,000 |
Ready to take the next step with Procton Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $19,415,042 | $1,636,704 | $908,803 | $825,000 | 6 | $825,000 | $1,549,298 | $1,014,466 |
| 2024 | $18,687,141 | $543,509 | $387,406 | $300,000 | 2 | $300,000 | $478,147 | $1,006,474 |
| 2023 | $18,531,038 | $18,532,010 | $972 | — | — | — | $470,798 | $105,452 |
Under IRS private-foundation payout rules, Procton Family Foundation reported a distributable amount of $1.0M for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Procton Family Foundation is led by Bruce E. Procton, President & Treasurer on every filing since 2023; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Bruce E. Procton
President & Treasurer
On filings since 2023
1 hr/week
No compensation reported
Tessa N. Ramezane
Vice President & Secretary
On filings since 2023
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2023–2025. "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 Procton Family Foundation
How much does Procton Family Foundation give each year?
Procton Family Foundation gave $825K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $300K across 2 grants.
What is Procton Family Foundation's typical grant size?
Procton Family Foundation's median grant in 2025 was $87,500, and its average grant was $137,500, across 6 grants on its 2025 IRS Form 990-PF.
Where does Procton Family Foundation give grants?
Procton Family Foundation gives mostly in North Carolina: 79% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Colorado (21%). The most frequent recipient cities were Greensboro, NC (2 grants).
Does Procton Family Foundation give general operating support?
Yes: 67% of Procton Family Foundation's 2025 grants with a stated purpose (4 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Procton Family Foundation's largest grantees?
Procton Family Foundation's largest 2025 grantees include Fidelity Donor Advised Fund ($450,000), Public Media Bridge Fund ($150,000) and University of NC - Wunc ($125,000), according to its 2025 IRS Form 990-PF. Together they received 88% of its itemized 2025 grant dollars.
How large is Procton Family Foundation?
Procton Family Foundation reported $19.4M in total assets on its 2025 IRS Form 990-PF. It paid out $825K in qualifying distributions that year, against a required minimum of $1.0M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Procton Family Foundation's EIN?
Procton Family Foundation's EIN (Employer Identification Number) is 93-4515371. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 2, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 30, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2023–2024
Live grants for the work Procton Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Procton Family Foundation's focus areas in our free grants database
Similar Funders
Similar funders in North Carolina
State Employees Credit Union Foundation
Raleigh, NC
The foundation funds capital projects, regional or statewide programs, and organizational capacity building that strengthen North Carolina communities; it favors projects with broad or replicable impact and does not fund operating budgets or shortfalls. Its 2025 grants ranged from $1,250 to $1 million, with a median of $2,500. Applications are accepted at any time and typically reviewed semiannually.
Assets
$61.0M
Grants
1,806
Total Given
$17.4M
Foundation for the Carolinas
Charlotte, NC
Foundation For The Carolinas funds education and youth development, environmental and wildlife work, health and human services, and animal welfare, with a reported median grant of $25,000 in 2024. Its competitive programs focus on Charlotte-Mecklenburg, the Carolinas, and specific local communities, while donor-advised funds may support eligible nonprofits more broadly; it accepts applications for some competitive grants, but most grants are recommended by fund advisors and have no application process.
Assets
$3.9B
Grants
1,605
Total Given
$609.1M
Dogwood Health Trust
Asheville, NC
Dogwood Health Trust funds work in housing, education, economic opportunity, and health and wellness that improves wellbeing in Western North Carolina, including its 18 counties and the Qualla Boundary. Its 2024 grants ranged from $2,000 to $21 million, with a median of $37,500; application requirements vary by funding opportunity.
Assets
$2.0B
Grants
835
Total Given
$148.2M
The Winston-Salem Foundation
Winston-Salem, NC
The Winston-Salem Foundation funds charitable organizations serving Forsyth County, North Carolina, across areas including education, housing, economic opportunity, civic engagement, arts, health, and human services. Its 2024 median grant was $25,000; specific programs offer grants ranging from small grants of up to $2,000 to capital grants of up to $100,000. The profile describes application-based programs but does not state whether unsolicited requests are accepted.
Assets
$630.1M
Grants
823
Total Given
$90.4M
North Carolina Community Foundation Inc
Raleigh, NC
The North Carolina Community Foundation supports charitable organizations and community programs in areas such as human services, education, youth development, health, food and nutrition, and the arts. Its typical grant was $15,000 in 2025; it serves communities statewide, with an emphasis on rural North Carolina, and accepts applications through specific affiliate, giving-circle, and other grant programs.
Assets
$569.1M
Grants
732
Total Given
$30.6M
Triangle Community Foundation Inc
Durham, NC
The foundation supports nonprofits in cultural arts, education and youth, nonprofit capacity building, and sustainable communities, with grants also benefiting fields such as health, conservation, and human services. Its 2025 grants had a median of $20,000 and ranged from about $5,000 to $1.39 million; it primarily serves Durham, Orange, Wake, and Chatham Counties in North Carolina. It accepts applications for competitive discretionary programs during open grant cycles; donor-advised fund grants are also made.
Assets
$335.8M
Grants
599
Total Given
$26.7M
More similar funders
More Funders in North Carolina
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Procton Family Foundation'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.
Procton Family Foundation down — hundreds of funders to go?