The Perkins Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANFORD, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 22 grants totaling $119K. Net investment income was $704K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+55.5% YoY
Annual Giving
$119K
+9.1% YoY
Grant Count
22
+4.8% YoY
Avg Grant Size
$5K
+4.2% YoY
Under IRS private-foundation payout rules, The Perkins Foundation Inc reported a distributable amount of $114K for 2024 — the minimum it must pay out in qualifying distributions.
About The Perkins Foundation Inc
Based on IRS filings
The Perkins Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANFORD, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 22 grants totaling $119K. Net investment income was $704K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,528,345 | $1,626,416 | $1,666,499 |
| Revenue | $1,038,866 | $87,585 | $978,577 |
| Expenses | $136,937 | $127,668 | $78,157 |
| Qualifying Distributions | $118,603 | $108,675 | $62,350 |
| Net Investment Income | $703,685 | $68,592 | $5,815 |
| Distributable Amount | $113,961 | $107,080 | $50,357 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
77 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include First Baptist Church ($65,250), Lee County Education Foundation ($10,000), The Gideons International ($7,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS & GIRLS CLUB OF CENTRAL CAROLINA SANFORD, NC | OUTREACH PROGRAMS | $6,000 |
| FAMILY PROMISE OF LEE COUNTY SANFORD, NC | OUTREACH PROGRAMS | $100 |
| FIRST BAPTIST CHURCH SANFORD, NC | OUTREACH PROGRAMS | $65,250 |
| GRACE CHRISTIAN SCHOOL GRACE CHAPEL CHURCH SANFORD, NC | OUTREACH PROGRAMS | $5,000 |
| LEE COUNTY EDUCATION FOUNDATION SANFORD, NC | OUTREACH PROGRAMS | $10,000 |
| RAILROAD HOUSE HISTORICAL SOCIETY SANFORD, NC | OUTREACH PROGRAMS | $100 |
| TEMPLE THEATRE COMPANY INC SANFORD, NC | OUTREACH PROGRAMS | $5,000 |
| THE GIDEONS INTERNATIONAL FAYETTEVILLE, NC | OUTREACH PROGRAMS | $7,000 |
| THE UNIT FOUNDATION VASS, NC | OUTREACH PROGRAMS | $1,000 |
| ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIATION INC CHICAGO, IL | OUTREACH PROGRAMS | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE R PERKINS JR | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Perkins Foundation Inc?
The Perkins Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANFORD, NC. It holds $2.5M in total assets as of 2024.
How large is The Perkins Foundation Inc?
As of 2024, The Perkins Foundation Inc holds $2.5M in total assets with $1.0M in annual revenue. It awarded 22 grants totaling $119K in 2024.
Where does The Perkins Foundation Inc operate?
The Perkins Foundation Inc has awarded grants in Illinois, Kentucky, Missouri, North Carolina, South Carolina, Virginia.
What size grants does The Perkins Foundation Inc award?
In 2024, The Perkins Foundation Inc awarded 22 grants totaling $119K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is The Perkins Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Perkins Foundation Inc reported a distributable amount of $114K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Perkins Foundation Inc's EIN?
The Perkins Foundation Inc's EIN (Employer Identification Number) is 20-8523229. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Perkins Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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