The Allendale Fund
The Allendale Fund is a private foundation, based in GREENSBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $708K in total assets. In 2024, it awarded 22 grants totaling $47K. Net investment income was $47K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$708K
+0.1% YoY
Annual Giving
$47K
+23.3% YoY
Grant Count
22
+37.5% YoY
Avg Grant Size
$2K
-10.3% YoY
Under IRS private-foundation payout rules, The Allendale Fund reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.
About The Allendale Fund
Based on IRS filings
The Allendale Fund is a private foundation, based in GREENSBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $708K in total assets. In 2024, it awarded 22 grants totaling $47K. Net investment income was $47K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $708,150 | $707,663 | $691,365 |
| Revenue | $57,006 | $62,354 | $49,192 |
| Expenses | $56,519 | $46,056 | $58,920 |
| Qualifying Distributions | $47,170 | $38,250 | $52,830 |
| Net Investment Income | $47,333 | $54,328 | $44,146 |
| Distributable Amount | $41,482 | $37,154 | $38,662 |
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
74 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Way of Greensboro ($15,000), Greensboro Day School ($5,000), West Market Street United Methodist Church ($4,500).
| Recipient | Purpose | Amount |
|---|---|---|
| AVERY COUNTY FRONTLINE SANTAS NEWLAND, NC | UNRESTRICTED | $1,000 |
| AVERY COUNTY RELIEF NEWLAND, NC | UNRESTRICTED | $1,670 |
| BACKPACK BEGINNINGS GREENSBORO, NC | UNRESTRICTED | $1,000 |
| BREAKTHROUGH T1D CHARLOTTE, NC | UNRESTRICTED | $250 |
| BUFFALO PRESBYTERIAN CHURCH GREENSBORO, NC | UNRESTRICTED | $1,000 |
| CHARLOTTE COUNTRY DAY SCHOOL CHARLOTTE, NC | UNRESTRICTED | $2,500 |
| CHILDRENS HOME SOCIETY GREENSBORO, NC | UNRESTRICTED | $1,000 |
| CONE HEALTH GREENSBORO, NC | UNRESTRICTED | $1,000 |
| GRANDFATHER COMMUNITY FOUNDATION LINVILLE, NC | UNRESTRICTED | $2,500 |
| GREENSBORO DAY SCHOOL GREENSBORO, NC | UNRESTRICTED | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EVERETTE E MILLS III | PRESIDENT | 4 | — |
| MADELINE J MILLS | SECRETARY | 4 | — |
| WILLIAM E MILLS | DIRECTOR | 2 | — |
| CLARENCE MILLS DEATON | DIRECTOR | 2 | — |
Frequently Asked Questions
How large is The Allendale Fund?
As of 2024, The Allendale Fund holds $708K in total assets with $57K in annual revenue. It awarded 22 grants totaling $47K in 2024.
Where does The Allendale Fund operate?
The Allendale Fund has awarded grants in North Carolina, New York.
What size grants does The Allendale Fund award?
In 2024, The Allendale Fund awarded 22 grants totaling $47K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Allendale Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Allendale Fund reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Allendale Fund's EIN?
The Allendale Fund's EIN (Employer Identification Number) is 56-1757536. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Allendale Fund'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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