The Coffey Foundation Inc logo

The Coffey Foundation Inc

Private foundation · Grantmaker Lenoir, NC EIN: 56-6047501 Website

The Coffey Foundation Inc is a private foundation based in Lenoir, North Carolina. Established in 1954, it supports nonprofit agencies working to improve quality of life for Caldwell County residents and provides educational resources to Caldwell County students pursuing education beyond high school.

Key facts about The Coffey Foundation Inc

In short: The Coffey Foundation Inc gave $404K across 64 grants in 2025 (avg $6K), mostly in North Carolina. 20% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
56-6047501
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$404,474
Grants made (2025)
64
Average grant
$6,320
Median grant
$8,000
New grantees (estimate)
20% first-time grantees (9 of 44, 2025)
Total assets
$9,256,221
Primary geography
North Carolina (100% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited requests for funds, according to its 2023 filing. Full details ↓
Deadline
Previously funded agencies should mail the printed application and supporting attachments by June 3, 2026, to assure…

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$9.3M

+15.3% YoY

Annual Giving

$404K

+3.1% YoY

Grant Count

64

-1.5% YoY

Avg Grant Size

$6K

+4.7% YoY

Under IRS private-foundation payout rules, The Coffey Foundation Inc reported a distributable amount of $411K for 2025 — the minimum it must pay out in qualifying distributions.

Is The Coffey Foundation Inc open to new grantees?

20%

first-time grantees, 2025

In 2025, 9 of 44 grantees (20%) were first-time recipients. First grants averaged $8K; repeat grants $6K. How we count

Medians: $8K first-time, $8K repeat.

  • 77% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−6%). Method
  • In 2025 it paid out 103% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s stated purpose is to support local, efficient, and effective 501(c)(3) agencies that improve quality of life for Caldwell County citizens, and to provide financial resources to deserving Caldwell County students pursuing education beyond high school.

Its 2025 grants included agency support and college scholarships. Among the funded organizations, Caldwell County Yokefellow says it assists people in immediate need of food, clothing, household goods, and financial assistance; Caldwell County Habitat for Humanity says it builds affordable housing for disadvantaged Caldwell County families; South Caldwell Christian Ministries says it assists people and families experiencing economic hardship with food and other assistance; and Caldwell Arts Council says it promotes the arts in Caldwell County.

Grantmaking

In 2025, the foundation reported 64 grants totaling $404,474. Individual grants ranged from $1,000 to $25,000, with a median of $8,000. It reported 65 grants totaling $392,200 in 2024 and 64 grants totaling $399,847 in 2023.

Review Cycle

Previously funded agencies should mail the printed application and supporting attachments by June 3, 2026, to assure consideration for 2026 funding. The website says applicants will be notified in June.

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Geographic Focus

Where this funder awards grants

The foundation’s stated agency purpose centers on improving quality of life for Caldwell County citizens, and agency grants are limited to Caldwell County 501(c)(3) organizations. Its scholarship eligibility is also tied to Caldwell County residency and public high school attendance. All grant dollars reported for 2025 went to recipients in North Carolina.

Grant Distribution by State

8states

Share of all 64 itemized 2025 grant dollars.

Cities

LenoirGranite FallsHudsonChapel HillRaleighBooneHickoryCrossnoreBanner ElkCharlotteDurhamAndersonBoiling SpringsConnelly SpringsConwayCullowheeJamaicaTallahasseeWilmingtonWinston-Salem

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K60 grants202059 grants202171 grants202264 grants202365 grants202464 grants2025

From 2020 to 2025, annual grant giving ranged from $368K (2020) to $430K (2022). In 2025 it made 64 grants totaling $404K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

The Foundation of CCC&TI Inc: $25KThe Foundation of CCC&TI Inc$25KCaldwell County Yokefellow: $15KCaldwell County Yokefellow$15KCaldwell County Habitat for Humanity: $10KCaldwell County Habitat forHumanity$10KCommunities in Schools: $10KCommunities in Schools$10KLenoir Soup Kitchen: $9KLenoir Soup Kitchen$9KEmbry Riddle Aeronautical University - Katherine Elizabeth Clark: $8KEmbry Riddle AeronauticalUniversity - Katherine…$8KUNC Chapel Hill - Quinten Walker Curtis: $8KUNC Chapel Hill - QuintenWalker Curtis$8KAppalachian State University - Mary Catherine Ford: $8KAppalachian State University -Mary Catherine Ford$8KUNC Chapel Hill - Rachel Kripner: $8KUNC Chapel Hill - RachelKripner$8KAppalachian State University - Paul Jacob Norwood: $8KAppalachian State University -Paul Jacob Norwood$8K

The largest 2025 recipient was The Foundation of CCC&TI Inc ($25K). Together the top 10 received $109K.

Grant Size Distribution

323 grants across all recorded years

323<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 323 grants of 323 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Foundation of CCC&TI Inc Lenoir, NCThe contributions are not controlled by the foundation but by the recipients$25,000
Caldwell County Yokefellow Lenoir, NCThe contributions are not controlled by the foundation but by the recipients$15,000
Caldwell County Habitat for Humanity Lenoir, NCThe contributions are not controlled by the foundation but by the recipients$10,000
Communities in Schools Lenoir, NCThe contributions are not controlled by the foundation but by the recipients$10,000
Lenoir Soup Kitchen Lenoir, NCThe contributions are not controlled by the foundation but by the recipients$8,500
Embry Riddle Aeronautical University - Katherine Elizabeth Clark Lenoir, NCCollege Scholarships$8,000
UNC Chapel Hill - Quinten Walker Curtis Granite Falls, NCCollege Scholarships$8,000
Appalachian State University - Mary Catherine Ford Lenoir, NCCollege Scholarships$8,000
UNC Chapel Hill - Rachel Kripner Lenoir, NCCollege Scholarships$8,000
Appalachian State University - Paul Jacob Norwood Lenoir, NCCollege Scholarships$8,000

Financial History

Multi-year comparison from IRS filings

Filing year Grant total Grant count
2025 $404,474 64
2024 $392,200 65
2023 $399,847 64
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M202020212022202320242025
Metric202520242023
Total Assets$9,256,221$8,025,040$7,822,582
Revenue$1,743,043$701,437$405,347
Expenses$511,862$495,015$497,974
Qualifying Distributions$422,746$406,091$407,249
Net Investment Income$1,662,155$612,513$314,622
Distributable Amount$410,841$432,254$393,339

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 30, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 3, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 28, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 25, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS January 30, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists these trustees: Betty Lou Miller, Harriet Hines, Jennie Goodman Deal, Deborah Ashley Smith, Rahn Chase, Robert O Floyd Jr, Lauren Brooks Clark, Elizabeth Shull Fox, and Lauren Robertson.

The Coffey Foundation Inc's 2025 filing lists 9 officers; all 9 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Betty Lou Miller

    Trustee

    On filings since 2020

    2 hrs/week

    $2K (2020) → $2K (2025)

  • Deborah Ashley Smith

    Trustee

    On filings since 2020

    2 hrs/week

    $2K (2020) → $2K (2025)

  • Jennie Goodman Deal

    Trustee

    On filings since 2020

    2 hrs/week

    $3K (2020) → $3K (2025)

  • Lauren Brooks Clark

    Trustee

    On filings since 2020

    2 hrs/week

    $2K (2020) → $2K (2025)

  • Rahn Chase

    Trustee

    On filings since 2020

    2 hrs/week

    $2K (2020) → $2K (2025)

  • Robert O. Floyd Jr.

    Trustee

    On filings since 2020

    2 hrs/week

    $2K (2020) → $2K (2025)

  • Elizabeth Shull Fox

    Trustee

    On filings since 2021

    2 hrs/week

    $1K (2022) → $2K (2025)

  • Harriet Hines

    Trustee

    On filings since 2024

    2 hrs/week

    $1K (2024) → $800 (2025)

  • Lauren Robertson

    Trustee

    New on the 2025 filing

    2 hrs/week

    $2K (2025)

Former officers (3)
  • Former: Bruce Vanderbloemen (2020–2023) — Trustee
  • Former: Ld Hines (2023) — Trustee
  • Former: Leslie D. Hines Jr. (2020–2022) — Trustee

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.

Compensation Overview

From 2025 IRS filing

Jennie Goodman Deal — Trustee: $3KJennie Goodman DealTrustee$3KLauren Robertson — Trustee: $2KLauren RobertsonTrustee$2KDeborah Ashley Smith — Trustee: $2KDeborah Ashley SmithTrustee$2KBetty Lou Miller — Trustee: $2KBetty Lou MillerTrustee$2KElizabeth Shull Fox — Trustee: $2KElizabeth Shull FoxTrustee$2KRahn Chase — Trustee: $2KRahn ChaseTrustee$2KRobert O Floyd Jr — Trustee: $2KRobert O Floyd JrTrustee$2KLauren Brooks Clark — Trustee: $2KLauren Brooks ClarkTrustee$2KHarriet Hines — Trustee: $800Harriet HinesTrustee$800

The highest reported compensation on the 2025 filing was $3K, to Jennie Goodman Deal (Trustee). 9 officers or directors reported compensation on that filing.

Contact

Application contact: Kelly Melton
Mailing address: 4517 Pinefrost Place, Lenoir, NC 28645
Phone: (828) 493-1420
Website: https://thecoffeyfoundation.org

Frequently asked questions about The Coffey Foundation Inc

How much does The Coffey Foundation Inc give each year?

The Coffey Foundation Inc gave $404K across 64 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $392K across 65 grants.

What is The Coffey Foundation Inc's typical grant size?

The Coffey Foundation Inc's median grant in 2025 was $8,000, and its average grant was $6,320, across 64 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Coffey Foundation Inc that year got $8K on average.

Where does The Coffey Foundation Inc give grants?

The Coffey Foundation Inc 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 Lenoir, NC (42 grants), Granite Falls, NC (12 grants), Hudson, NC (6 grants) and Hickory, NC (2 grants).

Does The Coffey Foundation Inc give general operating support?

Not in 2025: none of the 64 grants with a stated purpose on The Coffey Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "College Scholarships" (45 grants).

Who are The Coffey Foundation Inc's largest grantees?

The Coffey Foundation Inc's largest 2025 grantees include The Foundation of CCC&TI Inc ($25,000), Caldwell County Yokefellow ($15,000) and Caldwell County Habitat for Humanity ($10,000), according to its 2025 IRS Form 990-PF. Together they received 12% of its itemized 2025 grant dollars.

How large is The Coffey Foundation Inc?

The Coffey Foundation Inc reported $9.3M in total assets on its 2025 IRS Form 990-PF. It paid out $423K in qualifying distributions that year, against a required minimum of $411K (roughly 5% of its investment assets).

What does The Coffey Foundation Inc fund?

The foundation’s stated purpose is to support local, efficient, and effective 501(c)(3) agencies that improve quality of life for Caldwell County citizens, and to provide financial resources to deserving Caldwell County students pursuing education beyond high school. See mission & focus areas ↑

How do I apply for a grant from The Coffey Foundation Inc?

The foundation does not accept unsolicited requests for funds, according to its 2023 filing. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Coffey Foundation Inc's EIN?

The Coffey Foundation Inc's EIN (Employer Identification Number) is 56-6047501. IRS Form 990 filing data is available on this page for 2020–2025.

Does The Coffey Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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