The Carolina Academic Press Foundation

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 grants totaling $8K. Net investment income was $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$297K

+56.1% YoY

Annual Giving

$8K

-23.8% YoY

Grant Count

1

-85.7% YoY

Avg Grant Size

$8K

+433.3% YoY

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.

About The Carolina Academic Press Foundation

Based on IRS filings

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 grants totaling $8K. Net investment income was $6K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AshevilleDurhamLittle RockPittsboroPortlandSt PetersburgWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$36K$72K$108K$144K2021202220232024
Metric202420232022
Total Assets$297,033$190,266$97,472
Revenue$130,782$103,294$50,000
Expenses$24,015$10,500$2,500
Qualifying Distributions$24,015$10,500$2,500
Net Investment Income$5,782$3,294
Distributable Amount$12,233$2,413

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$5K$8K$11K0 grants20211 grants20227 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

NSMTA$8K

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$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 Nsmta ($8,000).

RecipientPurposeAmount
NSMTA Little Rock, ARcash donation$8,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Keith SipeFounder1
Scott SipeMember1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

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.

How large is The Carolina Academic Press Foundation?

As of 2024, The Carolina Academic Press Foundation holds $297K in total assets with $131K in annual revenue. It awarded 1 grants totaling $8K in 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 size grants does The Carolina Academic Press Foundation award?

In 2024, The Carolina Academic Press Foundation awarded 1 grants totaling $8K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is The Carolina Academic Press Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Carolina Academic Press Foundation reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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

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