The Carolina Academic Press Foundation

Private foundation · Grantmaker Durham, NC EIN: 87-6827450

The Carolina Academic Press Foundation is a private foundation focused on Environment & Animals, based in Durham, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $297K in total assets. In 2024, it awarded 1 grant totaling $8K. Net investment income was $6K.

The Carolina Academic Press Foundation at a glance

In short: The Carolina Academic Press Foundation gave $8K across 1 grant in 2024 (avg $8K), mostly in Arkansas. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$8,000
-23.8% vs 2023
Grants made (2024)
1
-85.7% vs 2023
Average grant
$8,000
+433.3% vs 2023
Median grant
$8,000
Total assets
$297,033
+56.1% vs 2023
Primary geography
Arkansas (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Carolina Academic Press Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

NSMTA: $8KNSMTA$8K

The largest 2024 recipient was NSMTA ($8K).

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 9 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of the 2024 grant dollars on its one itemized grant.

Cities

DurhamLittle RockAshevillePittsboroPortlandSt PetersburgWashington

How The Carolina Academic Press Foundation gives

  • In 2024 it paid out 196% 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$5K$10K$15K0 grants2021 1 grant2022 7 grants2023 1 grant2024

From 2022 to 2024, annual grant giving ranged from $3K (2022) to $11K (2023). In 2024 it made 1 grant totaling $8K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
NSMTA Little Rock, ARcash donation$8,000
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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
2024$297,033$130,782$24,015$8,0001$24,015$5,782$12,233
2023$190,266$103,294$10,500$10,5007$10,500$3,294—
2022$97,472$50,000$2,500$2,5001$2,500—$2,413
2021$49,972$50,000$28————$243

Under IRS private-foundation payout rules, The Carolina Academic Press Foundation reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Carolina Academic Press Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Keith R Sipe

    Founder

    Trustee → Founder, 2023

    On filings since 2021

    1 hr/week

    No compensation reported

  • Scott Sipe

    Member

    Manager → Member, 2023

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: C Scott Sipe (2021) — Trustee

Data from IRS Form 990 filings, 2021–2024. "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 Carolina Academic Press Foundation

How much does The Carolina Academic Press Foundation give each year?

The Carolina Academic Press Foundation gave $8K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $11K across 7 grants.

How large is The Carolina Academic Press Foundation?

The Carolina Academic Press Foundation reported $297K in total assets on its 2024 IRS Form 990-PF. It paid out $24K in qualifying distributions that year, against a required minimum of $12K (roughly 5% of its investment assets).

What is The Carolina Academic Press Foundation?

The Carolina Academic Press Foundation is a private foundation focused on Environment & Animals, based in Durham, NC. It holds $297K in total assets as of 2024.

Where does The Carolina Academic Press Foundation operate?

The Carolina Academic Press Foundation has awarded grants in Arkansas, District of Columbia, Florida, North Carolina, Oregon.

What is The Carolina Academic Press Foundation's EIN?

The Carolina Academic Press Foundation's EIN (Employer Identification Number) is 87-6827450. IRS Form 990 filing data is available on this page for 2021–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Explore Open Grants

Browse active grant opportunities in The Carolina Academic Press Foundation's focus areas in our free grants database

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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 Carolina Academic Press 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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