Stubblefield Foundation Inc is a private foundation based in Charlotte, North Carolina, designated as a 501(c)(3) organization. The foundation has been tax-exempt since March 1992. It operates as a grantmaking foundation focused on supporting charitable initiatives within its service areas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.8M
+3.0% YoY
Annual Giving
$1.0M
+117.2% YoY
Grant Count
29
+52.6% YoY
Avg Grant Size
$35K
+42.3% YoY
Under IRS private-foundation payout rules, Stubblefield Foundation Inc reported a distributable amount of $450K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation concentrates its philanthropic efforts on three primary areas:
- Education
- Religion
- Human Services
The foundation's work is geographically concentrated in the Charlotte area and North Carolina more broadly.
Grantmaking
The foundation does not accept unsolicited applications. Grantmaking is by invitation only.
Grant Range
$1,000–$5,000 (varies by year)
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated in North Carolina, with particular emphasis on the Charlotte area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue:
- Total assets (2023): $5.65 million
- Total assets (2024): $5.6 million
- Total liabilities (2023): $0
- Annual revenue (2023): $1.9 million
- Annual expenses (2023): $556,000
- Giving rate: 8.3% of assets
Historical Financial Trends:
| Year | Total Assets | Total Giving | Number of Grants |
|---|---|---|---|
| 2024 | $5.6M | $471K | 19 |
| 2023 | $5.2M | $710K | 33 |
| 2022 | $5.1M | $619K | 20 |
| 2021 | $5.2M | $175K | 25 |
| 2020 | $4.9M | $246K | 37 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,817,829 | $5,646,235 | $5,195,726 |
| Revenue | $1,520,652 | $1,904,787 | $1,137,632 |
| Expenses | $1,115,157 | $556,343 | $784,481 |
| Qualifying Distributions | $1,022,806 | $471,000 | $710,000 |
| Net Investment Income | $1,069,758 | $892,524 | $774,853 |
| Distributable Amount | $449,935 | $393,268 | $364,649 |
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
126 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Seal Legacy Fdn ($250,000), Wayne Theater ($206,000), Promising Pages ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SEAL LEGACY FDN CHARLOTTE, NC | CHARITABLE | $250,000 |
| WILDLIFE CTR OF VIRGINIA CHARLOTTE, NC | CHARITABLE | $2,000 |
| AUGUSTINE LITERACY PROJECT CHARLOTTE, NC | CHARITABLE | $50,000 |
| CC FOR YOUTH CHARLOTTE, NC | CHARITABLE | $25,000 |
| INTERNATIONAL HOUSE CHARLOTTE, NC | CHARITABLE | $15,000 |
| SAFE ALLIANCE CHARLOTTE, NC | CHARITABLE | $25,000 |
| CHARLOTTE RESCUE MISSION CHARLOTTE, NC | CHARITABLE | $5,000 |
| HEART MATH TUTORS CHARLOTTE, NC | CHARITABLE | $50,000 |
| PROMISING PAGES CHARLOTTE, NC | CHARITABLE | $75,000 |
| GREATER ENRICHMENT PROGRAM CHARLOTTE, NC | CHARITABLE | $75,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Fred Stubblefield Jr – President (serves on a voluntary basis, no compensation)
- Fred Stubblefield III – Director (serves on a voluntary basis, no compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRED STUBBLEFIELD JR | PRESIDENT | — | — |
| FRED STUBBLEFIELD III | DIRECTOR | — | — |
Recent News & Activity
Recent developments and announcements
The foundation has been involved in establishing major endowments and has supported initiatives related to civility and national awards programs. The foundation's leadership has also been active in establishing scholarship endowments at educational institutions.
Newsweek-Stubblefield Institute National Civility Awards announcedSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Stubblefield Foundation Inc fund?
The foundation concentrates its philanthropic efforts on three primary areas: • **Education** • **Religion** • **Human Services** The foundation's work is geographically concentrated in the Charlotte area and North Carolina more broadly.
How do I apply for a grant from Stubblefield Foundation Inc?
**Grant Activity & Amounts:** • Recent grant awards range from $500 to $355,000 • Median grant size: $1,000–$5,000 (varies by year) • In 2024: 19 grants totaling $471,000 • In 2023: 33 grants totaling $710,000 • In 2022: 20 grants totaling $619,000 **Application Policy:** The foundation does not accept unsolicited applications. Grantmaking is by invitation only. **Recent Grant Recipients (2023):** • Wayne Theater: $355,000 • CC for Youth: $50,000 • International House: $20,000 • Loaves & Fishes…
Where does Stubblefield Foundation Inc make grants?
The foundation's grantmaking is concentrated in North Carolina, with particular emphasis on the Charlotte area.
What size grants does Stubblefield Foundation Inc award?
In 2024, Stubblefield Foundation Inc awarded 29 grants totaling $1.0M — an average of about $35K per grant, based on its IRS Form 990 filings.
How much is Stubblefield Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Stubblefield Foundation Inc reported a distributable amount of $450K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Stubblefield Foundation Inc's EIN?
Stubblefield Foundation Inc's EIN (Employer Identification Number) is 56-1760217. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Stubblefield Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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