The Ironside Foundation
The Ironside Foundation is a private foundation, based in Wallace, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $754K in total assets. In 2024, it awarded 3 grants totaling $40K. Net investment income was $33K.
The Ironside Foundation at a glance
In short: The Ironside Foundation gave $40K across 3 grants in 2024 (avg $13K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $40,318
- -5.1% vs 2023
- Grants made (2024)
- 3
- +50.0% vs 2023
- Average grant
- $13,439
- -36.8% vs 2023
- Median grant
- $12,500
- Total assets
- $753,674
- -0.3% vs 2023
- Primary geography
- North Carolina (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 Ironside Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Harrells Christian Academy Inc ($25K). Together the top 3 received $40K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 8 grants of 8 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How The Ironside Foundation gives
- Giving held roughly steady from 2021 to 2024 (+1%). Method
- In 2024 it paid out 87% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
From 2020 to 2024, annual grant giving ranged from $40K (2020) to $48K (2022). In 2024 it made 3 grants totaling $40K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Harrells Christian Academy Inc Harrells, NC | Educational | $25,000 |
| Teachey Volunteer Fire Department Teachey, NC | General Support | $12,500 |
| North Carolina Youth Outdoor Engagement Commission Raleigh, NC | General Support | $2,818 |
Ready to take the next step with The Ironside Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $753,674 | $39,040 | $46,050 | $40,318 | 3 | $40,318 | $33,308 | $46,119 |
| 2023 | $756,115 | $41,593 | $49,133 | $42,503 | 2 | $43,553 | $36,013 | $41,368 |
| 2022 | $763,775 | $10,724 | $55,343 | $48,000 | 1 | $49,050 | $16,339 | $43,675 |
| 2021 | $808,383 | $65,672 | $48,339 | $40,000 | 1 | $40,650 | $59,183 | $48,704 |
| 2020 | $791,066 | $-2,089 | $46,202 | $40,000 | 1 | — | $16,001 | $41,453 |
Under IRS private-foundation payout rules, The Ironside Foundation reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Ironside Foundation is led by Wendell H. Murphy Jr., President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Wendell H. Murphy Jr.
President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Ironside Foundation
How much does The Ironside Foundation give each year?
The Ironside Foundation gave $40K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $43K across 2 grants.
What is The Ironside Foundation's typical grant size?
The Ironside Foundation's median grant in 2024 was $12,500, and its average grant was $13,439, across 3 grants on its 2024 IRS Form 990-PF.
Where does The Ironside Foundation give grants?
The Ironside Foundation gives mostly in North Carolina: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does The Ironside Foundation give general operating support?
Yes: 67% of The Ironside Foundation's 2024 grants with a stated purpose (2 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is The Ironside Foundation?
The Ironside Foundation reported $754K in total assets on its 2024 IRS Form 990-PF. It paid out $40K in qualifying distributions that year, against a required minimum of $46K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Ironside Foundation's EIN?
The Ironside Foundation's EIN (Employer Identification Number) is 20-8688532. IRS Form 990 filing data is available on this page for 2020–2024.
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
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Ironside Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Ironside Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in North Carolina
The Foundation for Christian Arts Pastoral Development and the Poor Inc
Wilmington, NC
The Foundation for Christian Arts supports Christian arts, pastoral development, and the poor. Its 2023 grants averaged about $12,300; it is based in Wilmington, North Carolina, but the profile does not specify a geographic grant area. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$286K
Grants
14
Total Given
$172K
Mike & Carolyn Jones Foundation
Tabor City, NC
Assets
$2.4M
Grants
39
Total Given
$83K
The True North Foundation
Currie, NC
The True North Foundation supports charities in areas including hospice care, disaster response, environmental protection, housing, literacy, counseling, and youth development, with most of its giving in North Carolina. Its 2024 grants ranged from $900 to $25,907, with a median of $5,214. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$1.5M
Grants
44
Total Given
$389K
The Golden Leaf Inc
Rocky Mount, NC
The Golden LEAF Foundation funds projects that support jobs and economic investment, workforce preparation, agriculture, and community capacity in North Carolina’s rural, tobacco-dependent, and economically distressed communities. Its 2025 grants ranged from $9,194 to $57.5 million, with a median of $156,620; Open Grants awards are capped at $500,000. It accepts applications through its Open Grants Program from governmental entities and 501(c)(3) organizations.
Assets
$1.5B
Grants
131
Total Given
$161.3M
State Employees Credit Union Foundation
Raleigh, NC
The foundation funds capital projects, regional or statewide programs, and organizational capacity building that strengthen North Carolina communities; it favors projects with broad or replicable impact and does not fund operating budgets or shortfalls. Its 2025 grants ranged from $1,250 to $1 million, with a median of $2,500. Applications are accepted at any time and typically reviewed semiannually.
Assets
$61.0M
Grants
1,806
Total Given
$17.4M
Foundation for the Carolinas
Charlotte, NC
Foundation For The Carolinas funds education and youth development, environmental and wildlife work, health and human services, and animal welfare, with a reported median grant of $25,000 in 2024. Its competitive programs focus on Charlotte-Mecklenburg, the Carolinas, and specific local communities, while donor-advised funds may support eligible nonprofits more broadly; it accepts applications for some competitive grants, but most grants are recommended by fund advisors and have no application process.
Assets
$3.9B
Grants
1,605
Total Given
$609.1M
More similar funders
More Funders in North Carolina
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Ironside 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.
The Ironside Foundation down — hundreds of funders to go?