The Cain Family Foundation

CORNELIUS, NC EIN: 83-1821757

The Cain Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORNELIUS, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $887K in total assets. In 2024, it awarded 3 grants totaling $124K. Net investment income was $20K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$887K

-10.7% YoY

Annual Giving

$124K

+6.5% YoY

Grant Count

3

-50.0% YoY

Avg Grant Size

$41K

+113.0% YoY

Under IRS private-foundation payout rules, The Cain Family Foundation reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.

About The Cain Family Foundation

Based on IRS filings

The Cain Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORNELIUS, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $887K in total assets. In 2024, it awarded 3 grants totaling $124K. Net investment income was $20K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BooneCharlotteCorneliusHigh PointHuntersvilleJohns IslandMooresvilleSpartaStatesville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$120K$239K$359K$478K20202021202220232024
Metric202420232022
Total Assets$887,200$993,023$675,824
Revenue$19,908$434,983$3,351
Expenses$125,338$117,735$77,460
Qualifying Distributions$124,388$116,785$76,285
Net Investment Income$19,908$12,983$3,351
Distributable Amount$46,024$31,791$34,482

Giving Over Time

Total grant dollars and number of grants per year

$0$31K$62K$93K$124K8 grants20209 grants20218 grants20226 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

WORKING POOR VARIOUS$105KSAMARITAN'S PURSE$10KK CUSICK$9K

Grant Size Distribution

34 grants across all recorded years

32<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Working Poor Various ($105,369), Samaritan's Purse ($10,000), K Cusick ($9,019).

RecipientPurposeAmount
K CUSICK STATESVILLE, NCEDUCATIONAL$9,019
WORKING POOR VARIOUS CORNELIUS, NCRELIEF FOR WORKING POOR$105,369
SAMARITAN'S PURSE BOONE, NCWESTERN CAROLINA HELENE RELIEF$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WILLIAM H CAINPRESIDENT
ERICKA A CAINSECRETARY
DONNA M MOFFETTDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Cain Family Foundation?

The Cain Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORNELIUS, NC. It holds $887K in total assets as of 2024.

How large is The Cain Family Foundation?

As of 2024, The Cain Family Foundation holds $887K in total assets with $20K in annual revenue. It awarded 3 grants totaling $124K in 2024.

Where does The Cain Family Foundation operate?

The Cain Family Foundation has awarded grants in North Carolina, South Carolina.

What size grants does The Cain Family Foundation award?

In 2024, The Cain Family Foundation awarded 3 grants totaling $124K — an average of about $41K per grant, based on its IRS Form 990 filings.

How much is The Cain Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Cain Family Foundation reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.

Explore Open Grants

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Related Funders

Similar funders by location and focus area

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

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