The North Carolina Masonic Foundation Inc

Public charity · Grantmaker Raleigh, NC EIN: 56-6049500

To receive donations and distribute all income to charitable organizations.

Key facts about The North Carolina Masonic Foundation Inc

In short: The North Carolina Masonic Foundation Inc gave $1.4M across 2 grants in 2024 (avg $685K), mostly in North Carolina. Source: 2024 IRS Form 990.

EIN
56-6049500
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$1,370,735
Grants made (2024)
2
Average grant
$685,368
Median grant
$685,368
Total assets
$29,606,861
Primary geography
North Carolina (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$29.6M

+15.2% YoY

Annual Giving

$1.4M

+2.2% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$685K

+2.2% YoY

How The North Carolina Masonic Foundation Inc gives

  • Giving fell 40% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About The North Carolina Masonic Foundation Inc

Based on IRS filings

The North Carolina Masonic Foundation Inc is a public charity focused on mutual and membership benefit, based in Raleigh, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.6M in total assets. In 2024, it awarded 2 grants totaling $1.4M. Net investment income was $959K.

Your AI grants department

Ready to take the next step with The North Carolina Masonic Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

Cities

GreensboroOxford

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M2 grants2020 2 grants2021 2 grants2022 2 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $853K (2022) to $2.3M (2021). In 2024 it made 2 grants totaling $1.4M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Masonic and Eastern Star Home of NC: $952KMasonic and Eastern Star Homeof NC$952KThe Masonic Home for Children at Oxford: $419KThe Masonic Home for Childrenat Oxford$419K

The largest 2024 recipient was Masonic and Eastern Star Home of NC ($952K). Together the top 2 received $1.4M.

Grant Size Distribution

10 grants across all recorded years

<$50K$50–100K$100–250K5$250–500K2$500K–1M3$1–5M$5M+

The most common grant size was in the $250–500K range: 5 grants of 10 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Masonic and Eastern Star Home of NC Greensboro, NCProvide support for the activities of masonic and eastern home of nc$951,603
The Masonic Home for Children at Oxford Oxford, NCProvide support for the activities of the masonic home for children at oxford$419,132

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M$4M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$29,606,861$25,710,421$23,248,960
Revenue$2,929,544$1,705,404$1,609,207
Expenses$2,524,863$2,467,129$2,027,297
Net Investment Income$959,316$333,632$208,584

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS February 14, 2023)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS June 11, 2025)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The North Carolina Masonic Foundation Inc is led by John E. Burns, Chairman since 2023 (on filings since 2021); none of the 9 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • John E. Burns

    Chairman

    Member - Bod → Chairman, 2023

    On filings since 2021

    No compensation reported

  • Dan C. Rice

    Member - Bod

    Membor-Bod → Member - Bod, 2021

    On filings since 2020

    No compensation reported

  • Jonathan A. Underwood

    Grand Secretary

    Secretary → Grand Secretary, 2023

    On filings since 2020

    No compensation reported

  • Leonard Y. Safrit Jr.

    Member - Bod

    Membor-Bod → Member - Bod, 2021

    On filings since 2020

    No compensation reported

  • Lewis R. Ledford

    Treasurer

    On filings since 2020

    No compensation reported

  • Michael A. Faulkenbury

    Member-Bod

    Chairman → Member-Bod, 2023

    On filings since 2020

    No compensation reported

  • Robert E. Gresham Jr.

    Member - Bod

    Membor-Bod → Member - Bod, 2021

    On filings since 2020

    No compensation reported

  • Benjamin Crissman

    Secretary

    On filings since 2023

    No compensation reported

  • Michael Register

    Member - Bod

    New on the 2024 filing

    No compensation reported

Former officers (2)
  • Former: Gilbert D. Bailey (2023) — Member - Bod
  • Former: Guy E. Cline III (2020) — Member-Bod

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 North Carolina Masonic Foundation Inc

How much does The North Carolina Masonic Foundation Inc give each year?

The North Carolina Masonic Foundation Inc gave $1.4M across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.3M across 2 grants.

How large is The North Carolina Masonic Foundation Inc?

The North Carolina Masonic Foundation Inc reported $29.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $2.9M.

What is The North Carolina Masonic Foundation Inc?

The North Carolina Masonic Foundation Inc is a public charity focused on mutual and membership benefit, based in Raleigh, NC. It holds $29.6M in total assets as of 2024.

Where does The North Carolina Masonic Foundation Inc operate?

The North Carolina Masonic Foundation Inc has awarded grants in North Carolina.

What is The North Carolina Masonic Foundation Inc's EIN?

The North Carolina Masonic Foundation Inc's EIN (Employer Identification Number) is 56-6049500. IRS Form 990 filing data is available on this page for 2020–2024.

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

Your AI grants department

Here's the math on researching The North Carolina Masonic Foundation Inc by hand.

Explore Open Grants

Browse active grant opportunities in The North Carolina Masonic Foundation Inc's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in North Carolina

William Allan Newton II Foundation Inc

Charlotte, NC

Philanthropy, Voluntarism & Grantmaking

Assets

$681K

Grants

5

Total Given

$34K

Jacobs Preyer Foundation

Greensboro, NC

The foundation funded arts and cultural groups, education, conservation, and health advocacy organizations, with most 2024 grant dollars going to North Carolina and smaller amounts to DC, California, New Jersey, and Virginia. Grants ranged from $500 to $50,000, with a median of $1,000. It supports only preselected charities and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$2.5M

Grants

20

Total Given

$87K

A D Shackelford Tuw

Saint Louis, MO

Assets

$771K

Grants

7

Total Given

$40K

Association of Capitular Masons Inc

Charlotte, NC

The foundation supports Masonic, youth, and charitable organizations in North Carolina, with recent grants ranging from $815 to $9,300 and a median of $2,500. It gives only to preselected charitable organizations and does not accept unsolicited requests.

Assets

$443K

Grants

10

Total Given

$32K

Dr Grover C Dale Charitable Trust

Raleigh, NC

To provide support for the masonic home for children at oxford and the masonic and eastern star home.

Assets

$3.0M

Grants

2

Total Given

$78K

Inspire Brands Foundation Inc

Atlanta, GA

The foundation supports childhood hunger, youth leadership, education, and career readiness through national and local partnerships across the U.S. In 2024, grants ranged from $5,032 to nearly $2 million, with a median of $11,000. It does not accept unsolicited requests; grantees are nominated by members of the Inspire Brands community, while SPARK Cohort participants may apply for a growth-focused grant.

Assets

$14.3M

Grants

306

Total Given

$11.0M

True Homes Foundation Inc

Monroe, NC

The foundation supports affordable homeownership, homebuilding career pathways, associate-selected charities, and community initiatives, with most 2024 grant dollars going to North Carolina organizations. In 2024, grants ranged from $80 to $110,000, with a median of $1,000. It does not accept unsolicited funding requests and gives only to preselected organizations.

Philanthropy, Voluntarism & Grantmaking

Assets

$4.6M

Grants

162

Total Given

$499K

The Grand Lodge of Af and Am of NC Group Return

Raleigh, NC

Fraternal organization operating under the lodge system to support masonic orphanage, home for aged, and local charities.

Assets

$66.9M

Grants

2

Total Given

$1.4M

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.

Philanthropy, Voluntarism & Grantmaking

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.

Philanthropy, Voluntarism & Grantmaking

Assets

$3.9B

Grants

1,605

Total Given

$609.1M

Dogwood Health Trust

Asheville, NC

Dogwood Health Trust funds work in housing, education, economic opportunity, and health and wellness that improves wellbeing in Western North Carolina, including its 18 counties and the Qualla Boundary. Its 2024 grants ranged from $2,000 to $21 million, with a median of $37,500; application requirements vary by funding opportunity.

Assets

$2.0B

Grants

835

Total Given

$148.2M

The Winston-Salem Foundation

Winston-Salem, NC

The Winston-Salem Foundation funds charitable organizations serving Forsyth County, North Carolina, across areas including education, housing, economic opportunity, civic engagement, arts, health, and human services. Its 2024 median grant was $25,000; specific programs offer grants ranging from small grants of up to $2,000 to capital grants of up to $100,000. The profile describes application-based programs but does not state whether unsolicited requests are accepted.

Philanthropy, Voluntarism & Grantmaking

Assets

$630.1M

Grants

823

Total Given

$90.4M

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 North Carolina Masonic Foundation Inc'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 North Carolina Masonic Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?