The Cain Family Foundation

Private foundation · Grantmaker Cornelius, NC EIN: 83-1821757

The Cain Family Foundation is a private foundation, based in Cornelius, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $847K in total assets. In 2025, it awarded 3 grants totaling $54K. Net investment income was $19K.

The Cain Family Foundation at a glance

In short: The Cain Family Foundation gave $54K across 3 grants in 2025 (avg $18K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$54,219
-56.4% vs 2024
Grants made (2025)
3
+0.0% vs 2024
Average grant
$18,073
-56.4% vs 2024
Median grant
$12,777
Total assets
$847,269
-4.5% vs 2024
Primary geography
North Carolina (100% 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 The Cain Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Wm Ashley Thompson: $35KWm Ashley Thompson$35KMelton Jones: $13KMelton Jones$13KHayley Mattingly: $6KHayley Mattingly$6K

The largest 2025 recipient was Wm Ashley Thompson ($35K). Together the top 3 received $54K.

Grant Size Distribution

29 grants across all recorded years

27<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 27 grants of 29 (93%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

CorneliusStatesvilleCharlotteBooneMooresvilleHigh PointHuntersvilleJohns IslandSparta

How The Cain Family Foundation gives

  • Giving fell 29% from 2022 to 2025. Method
  • In 2025 it paid out 128% of its IRS minimum distribution (the 5% rule). 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

$0$50K$100K$150K8 grants2020 9 grants2021 8 grants2022 6 grants2023 3 grants2024 3 grants2025

From 2020 to 2025, annual grant giving ranged from $54K (2025) to $124K (2024). In 2025 it made 3 grants totaling $54K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Wm Ashley Thompson Cornelius, NCRelief for Working Poor$35,452
Melton Jones Cornelius, NCRelief for Working Poor$12,777
Hayley Mattingly Cornelius, NCRelief for Working Poor$5,990
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$847,269$18,566$54,219$54,2193$54,219$18,566$42,462
2024$887,200$19,908$125,338$124,3883$124,388$19,908$46,024
2023$993,023$434,983$117,735$116,7856$116,785$12,983$31,791
2022$675,824$3,351$77,460$76,2858$76,285$3,351$34,482
2021$749,988$2,077$119,210$118,3279$118,327$2,077$39,211
2020$867,121$4,172$74,070$73,0908—$4,172$44,271

Under IRS private-foundation payout rules, The Cain Family Foundation reported a distributable amount of $42K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Cain Family Foundation is led by William H. Cain, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • William H. Cain

    President

    On filings since 2020

    No compensation reported

  • Donna M. Moffett

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Ericka A. Cain

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 The Cain Family Foundation

How much does The Cain Family Foundation give each year?

The Cain Family Foundation gave $54K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $124K across 3 grants.

What is The Cain Family Foundation's typical grant size?

The Cain Family Foundation's median grant in 2025 was $12,777, and its average grant was $18,073, across 3 grants on its 2025 IRS Form 990-PF.

Where does The Cain Family Foundation give grants?

The Cain Family Foundation gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Cornelius, NC (3 grants).

Does The Cain Family Foundation give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on The Cain Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Relief for Working Poor" (3 grants).

How large is The Cain Family Foundation?

The Cain Family Foundation reported $847K in total assets on its 2025 IRS Form 990-PF. It paid out $54K in qualifying distributions that year, against a required minimum of $42K (roughly 5% of its investment assets).

What is The Cain Family Foundation's EIN?

The Cain Family Foundation's EIN (Employer Identification Number) is 83-1821757. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Cain 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.

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