Second Family Foundation Inc

CHAPEL HILL, NC EIN: 20-5885567

Second Family Foundation Inc is a private foundation focused on Youth Development, based in CHAPEL HILL, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.9M in total assets. In 2024, it made $402K in qualifying distributions. Net investment income was $339K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.9M

+4.9% YoY

Revenue

$339K

+15.9% YoY

Qualifying Distributions

$402K

+14.4% YoY

Expenses

$409K

+15.1% YoY

About Second Family Foundation Inc

Based on IRS filings

Second Family Foundation Inc is a private foundation focused on Youth Development, based in CHAPEL HILL, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.9M in total assets. In 2024, it made $402K in qualifying distributions. Net investment income was $339K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Chapel Hill

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$112K$225K$337K$450K20202021202220232024
Metric202420232022
Total Assets$12,881,979$12,277,658$11,312,995
Revenue$339,476$292,871$223,927
Expenses$408,791$355,300$314,683
Qualifying Distributions$402,227$351,617$310,178
Net Investment Income$339,476$292,871$223,927
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$250$500$750$1K1 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

EDWARD WILLIAM MILESDIRECTOR$29K

From 2024 filing

NameTitleHoursCompensation
MIKE MILESPRESIDENT/TREASURER2
ELSTON MILESVICE PRESIDENT/SECRETARY0.25
WENDY MILES BAERDIRECTOR0.25
ALEXANDRA MILES SKOVEDIRECTOR0.25
ANDREA ALDEN MILESDIRECTOR0.25
EDWARD WILLIAM MILESDIRECTOR0.25$28,579

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Second Family Foundation Inc?

Second Family Foundation Inc is a private foundation focused on Youth Development, based in CHAPEL HILL, NC. It holds $12.9M in total assets as of 2024.

How large is Second Family Foundation Inc?

As of 2024, Second Family Foundation Inc holds $12.9M in total assets with $339K in annual revenue.

Where does Second Family Foundation Inc operate?

Second Family Foundation Inc has awarded grants in North Carolina.

What is Second Family Foundation Inc's EIN?

Second Family Foundation Inc's EIN (Employer Identification Number) is 20-5885567. IRS Form 990 filing data is available on this page for 2020–2024.

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

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