Ross Angel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENSBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 11 grants totaling $350K. Net investment income was $238K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.1M
+7.3% YoY
Annual Giving
$350K
+180.0% YoY
Grant Count
11
+450.0% YoY
Avg Grant Size
$32K
-49.1% YoY
Under IRS private-foundation payout rules, Ross Angel Foundation reported a distributable amount of $372K for 2024 — the minimum it must pay out in qualifying distributions.
About Ross Angel Foundation
Based on IRS filings
Ross Angel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENSBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 11 grants totaling $350K. Net investment income was $238K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,101,033 | $4,753,290 | $4,145,677 |
| Revenue | $358,947 | $213,902 | $150,558 |
| Expenses | $377,523 | $138,834 | $542,742 |
| Qualifying Distributions | $350,000 | $125,000 | $525,000 |
| Net Investment Income | $237,655 | $159,965 | $56,861 |
| Distributable Amount | $372,092 | $339,879 | $276,791 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Campbell ($100,000), Greensboro College ($75,000), Hillssdale College ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GREENSBORO COLLEGE GREENSBORO, NC | TO SUPPORT SCHOLARSHIP FUND | $75,000 |
| CAMPBELL BUIES CREEK, NC | TO SUPPORT SCHOLARSHIP FUND | $100,000 |
| HILLSSDALE COLLEGE HILLSDALE, MI | TO SUPPORT SCHOLARSHIP FUND | $50,000 |
| UNIVERSITY OF CUMBERLANDS WILLIAMSBURG, KY | TO SUPPORT SCHOLARSHIP FUND | $50,000 |
| GIDEON GROVE UMC STOKESDALE, NC | TO SUPPORT | $10,000 |
| FIRST MORAVIAN GREENSBORO, NC | TO SUPPORT | $10,000 |
| HEART OF THE CAROLINAS DENVER, NC | TO SUPPORT CHARITABLE PURPOSE | $5,000 |
| FREEDOM HOUSE GREENSBORO, NC | TO SUPPORT CHARITABLE PURPOSE | $10,000 |
| HOPE ACADEMY GREENSBORO, NC | TO SUPPORT CHARITABLE PURPOSE | $25,000 |
| HUMANE SOCIETY GREENSBORO, NC | TO SUPPORT CHARITABLE PURPOSE | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD FORMAN | SECRETARY/TREASURER | 1 | — |
| RUSSELLENE ANGEL | PRESIDENT | 1 | — |
| WILLIAM R JOHNSON | VICE PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ross Angel Foundation?
Ross Angel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENSBORO, NC. It holds $5.1M in total assets as of 2024.
How large is Ross Angel Foundation?
As of 2024, Ross Angel Foundation holds $5.1M in total assets with $359K in annual revenue. It awarded 11 grants totaling $350K in 2024.
Where does Ross Angel Foundation operate?
Ross Angel Foundation has awarded grants in Kentucky, Michigan, North Carolina, New York.
What size grants does Ross Angel Foundation award?
In 2024, Ross Angel Foundation awarded 11 grants totaling $350K — an average of about $32K per grant, based on its IRS Form 990 filings.
How much is Ross Angel Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ross Angel Foundation reported a distributable amount of $372K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ross Angel Foundation's EIN?
Ross Angel Foundation's EIN (Employer Identification Number) is 56-2013753. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ross Angel Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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