The Educational Foundation Inc
SEE SCHEDULE O
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$223.1M
+4.6% YoY
Annual Giving
$46.3M
-24.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$46.3M
-24.5% YoY
About The Educational Foundation Inc
Based on IRS filings
The Educational Foundation Inc is a nonprofit organization, based in CHAPEL HILL, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $223.1M in total assets. In 2024, it awarded 1 grants totaling $46.3M. Net investment income was $7.5M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $223,104,596 | $213,331,120 | $210,237,588 |
| Revenue | $76,461,125 | $81,777,973 | $82,405,052 |
| Expenses | $64,647,364 | $78,781,027 | $44,922,056 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $7,517,796 | $5,543,823 | $4,507,841 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Unc Chapel Hill ($46,347,635).
| Recipient | Purpose | Amount |
|---|---|---|
| UNC CHAPEL HILL CHAPEL HILL, NC | SCHOLARSHIPS, CONSTRUCTION, AND OTHER FINANCIAL ASSISTANCE. | $46,347,635 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALGE CRUMPLER | EXECUTIVE BOARD MBR. | — | — |
| DONNA CURTIS MCCLATCHEY | EXECUTIVE BOARD MBR | — | — |
| SHARON ROTHWELL | EXECUTIVE BOARD MBR | — | — |
| JIM SIGMAN | VICE CHAIR | — | — |
| VAUGHN MOORE | EXECUTIVE BOARD MBR | — | — |
| DEWEY BURKE | EXECUTIVE BOARD MBR | — | — |
| BRIAN GOLSON | EXECUTIVE BOARD MBR | — | — |
| ALAN CALDWELL | EXECUTIVE BOARD MBR | — | — |
| DON HARDISON | EXECUTIVE BOARD MBR | — | — |
| IV CULP | EXECUTIVE BOARD MBR | — | — |
| MICHAEL KENNEDY | EXECUTIVE BOARD MBR | — | — |
| AURELIA STAFFORD MONK | EXECUTIVE BOARD MBR | — | — |
| TOM CHEWNING | EXECUTIVE BOARD MBR | — | — |
| KEN WILLIAMS | EXECUTIVE BOARD MBR | — | — |
| LOWRY CAUDILL | EXECUTIVE BOARD MBR | — | — |
| FRANK BRENNER | EXECUTIVE BOARD MBR | — | — |
| DWIGHT STONE | EXECUTIVE BOARD MBR | — | — |
| DON WILLIAMS | PAST CHAIR | — | — |
| ANNE LLOYD | CHAIR | — | — |
| MILT PETTY | TREASURER | — | — |
| TOM MANN | SECRETARY | — | — |
| DAVE BOLIEK | EXECUTIVE BOARD MBR | — | — |
| RALPH MEEKINS | EXECUTIVE BOARD MBR | — | — |
| MICHAEL ANDREASEN | EXECUTIVE BOARD MBR | — | — |
| TODD POPE | EXECUTIVE BOARD MBR | — | — |
| SUSAN GROSS | EXECUTIVE BOARD MBR | — | — |
| KEITH STONEMAN | EXECUTIVE BOARD MBR | — | — |
| JOHN MONTGOMERY | EXECUTIVE DIRECTOR | 40 | $649,326 |
| DIANE ALDRIDGE | CFO & GENERAL COUNSEL | 40 | $263,040 |
| EMILY COBLE | SENIOR DIRECTOR OF FINANCE | 40 | $118,205 |
| KEN MACK | SR ASSOC EXEC DIR LEAD GIF | 40 | $322,280 |
| MATT TERRELL | CHIEF STRATEGY & COMMS OFF | 40 | $240,279 |
| GARY BURNS | SENIOR DIRECTOR OF MAJOR G | 40 | $208,814 |
| EMILY STEVENS | MAJOR GIFTS DIRECTOR | 40 | $190,250 |
| SETH REEVES | CHIEF REVENUE OFFICER | 40 | $262,287 |
| ELIZABETH MACKETHAN | SENIOR PHILANTHROPY OFFICER | 40 | $190,374 |
| ERIC MONTROSS | SENIOR DIR OF PRINCIPAL GIFTS | 40 | $215,630 |
Frequently Asked Questions
How large is The Educational Foundation Inc?
As of 2024, The Educational Foundation Inc holds $223.1M in total assets with $76.5M in annual revenue. It awarded 1 grants totaling $46.3M in 2024.
Where does The Educational Foundation Inc operate?
The Educational Foundation Inc has awarded grants in North Carolina.
What size grants does The Educational Foundation Inc award?
In 2024, The Educational Foundation Inc awarded 1 grants totaling $46.3M — an average of about $46.3M per grant, based on its IRS Form 990 filings.
What is The Educational Foundation Inc's EIN?
The Educational Foundation Inc's EIN (Employer Identification Number) is 56-6058412. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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