The North Carolina Masonic Foundation

Foundation · Grantmaker RALEIGH, NC EIN: 56-6049500

Mutual/Membership Benefit

TO RECEIVE DONATIONS AND DISTRIBUTE ALL INCOME TO CHARITABLE ORGANIZATIONS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$29.6M

+15.2% YoY

Annual Giving

$1.4M

+2.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$685K

+2.2% YoY

About The North Carolina Masonic Foundation

Based on IRS filings

The North Carolina Masonic Foundation is a nonprofit organization focused on Mutual/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.

Focus Areas

Mutual/Membership Benefit

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $7.7M (100%)

States

North Carolina

Cities

GreensboroOxford

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
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
Qualifying Distributions	—	—	—
Net Investment Income	$959,316	$333,632	$208,584
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 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Masonic and Eastern Star Home of Nc ($951,603), The Masonic Home for Children at Oxford ($419,132).

Recipient	Purpose	Amount
THE MASONIC HOME FOR CHILDREN AT OXFORD OXFORD, NC	PROVIDE SUPPORT FOR THE ACTIVITIES OF THE MASONIC HOME FOR CHILDREN AT OXFORD	$419,132
MASONIC AND EASTERN STAR HOME OF NC GREENSBORO, NC	PROVIDE SUPPORT FOR THE ACTIVITIES OF MASONIC AND EASTERN HOME OF NC	$951,603

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JONATHAN UNDERWOOD	GRAND SECRETARY	—	—
BENJAMIN CRISSMAN	SECRETARY	—	—
LEWIS R LEDFORD	TREASURER	—	—
JOHN E BURNS	CHAIRMAN	—	—
MICHAEL REGISTER	MEMBER - BOD	—	—
DAN C RICE	MEMBER - BOD	—	—
ROBERT E GRESHAM JR	MEMBER - BOD	—	—
LEONARD Y SAFRIT JR	MEMBER - BOD	—	—
MICHAEL A FAULKENBURY	MEMBER-BOD	—	—

Subject Areas

Focus areas based on grantmaking activity

Mutual/Membership Benefit

Frequently Asked Questions

What is The North Carolina Masonic Foundation?

The North Carolina Masonic Foundation is a nonprofit organization focused on Mutual/Membership Benefit, based in RALEIGH, NC. It holds $29.6M in total assets as of 2024.

How large is The North Carolina Masonic Foundation?

As of 2024, The North Carolina Masonic Foundation holds $29.6M in total assets with $2.9M in annual revenue. It awarded 2 grants totaling $1.4M in 2024.

Where does The North Carolina Masonic Foundation operate?

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

What size grants does The North Carolina Masonic Foundation award?

In 2024, The North Carolina Masonic Foundation awarded 2 grants totaling $1.4M — an average of about $685K per grant, based on its IRS Form 990 filings.

What is The North Carolina Masonic Foundation's EIN?

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