The Perkins Foundation Inc

Private foundation · Grantmaker Sanford, NC EIN: 20-8523229

The Perkins Foundation Inc is a private foundation based in Sanford, North Carolina. Its 2025 filing reports 18 grants totaling $85,550, with nearly all grant dollars going to organizations in North Carolina.

The Perkins Foundation Inc at a glance

In short: The Perkins Foundation Inc gave $86K across 18 grants in 2025 (avg $5K), mostly in North Carolina. 28% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$85,550
-27.9% vs 2024
Grants made (2025)
18
-18.2% vs 2024
Average grant
$4,753
-11.8% vs 2024
Median grant
$1,000
Total assets
$2,890,730
+14.3% vs 2024
New grantees (estimate)
28% first-time grantees (5 of 18, 2025; small sample)
Primary geography
North Carolina (99% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Perkins Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: PO Box 525, Sanford, NC 27331-0525
Phone: (919) 935-0178

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Perkins Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

First Baptist Church: $49KFirst Baptist Church$49KGrace Christian School Grace Chapel Church: $10KGrace Christian School GraceChapel Church$10KBoy Scouts of America - Occoneechee Council: $5KBoy Scouts of America -Occoneechee Council$5KLee County Education Foundation: $5KLee County EducationFoundation$5KSandhills Classical Christian School Inc: $5KSandhills Classical ChristianSchool Inc$5KTemple Theatre Company Inc: $5KTemple Theatre Company Inc$5KAscend Leadership Academy: $2KAscend Leadership Academy$2KFellowship of Christian Athletes: $1KFellowship of ChristianAthletes$1KThe Unit Foundation: $1KThe Unit Foundation$1KWallace Presbyterian Church: $1KWallace Presbyterian Church$1K

The largest 2025 recipient was First Baptist Church ($49K). Together the top 10 received $84K.

Grant Size Distribution

85 grants across all recorded years

84<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 84 grants of 85 (99%).

Geographic Focus

Where this funder awards grants

In 2025, 99% of grant dollars went to recipients in North Carolina and 1% to recipients in Missouri. The reported grants included recipients in Sanford and other North Carolina communities.

Grant Distribution by State

7states

Share of 2025 grant dollars across all 18 itemized grants.

Cities

SanfordRaleighVassFayettevilleKansas CityWashingtonCarthageCameronChicagoGoldsboroGreensboroHorry CountyLouisvilleNashvilleRaleignSouthern PinesSuffolkThomasvilleWallace

Is The Perkins Foundation Inc open to new grantees?

28%

first-time grantees, 2025

In 2025, 5 of 18 grantees (28%) were first-time recipients. With only 18 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $770; repeat grants $6K. How we count

Medians: $500 first-time, $1K repeat.

  • 67% of 2025 grantees were also funded in 2024. Method
  • Giving grew 37% from 2022 to 2025. Method
  • In 2025 it paid out 54% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K12 grants2019 10 grants2020 9 grants2021 15 grants2022 21 grants2023 22 grants2024 18 grants2025

From 2019 to 2025, annual grant giving ranged from $61K (2021) to $119K (2024). In 2025 it made 18 grants totaling $86K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
First Baptist Church Sanford, NCOutreach Programs$48,600
Grace Christian School Grace Chapel Church Sanford, NCOutreach Programs$10,000
Boy Scouts of America - Occoneechee Council Raleigh, NCOutreach Programs$5,000
Lee County Education Foundation Sanford, NCOutreach Programs$5,000
Sandhills Classical Christian School Inc Carthage, NCOutreach Programs$5,000
Temple Theatre Company Inc Sanford, NCOutreach Programs$5,000
Ascend Leadership Academy Sanford, NCOutreach Programs$2,000
Fellowship of Christian Athletes Kansas City, MOOutreach Programs$1,000
The Unit Foundation Vass, NCOutreach Programs$1,000
Wallace Presbyterian Church Wallace, NCOutreach Programs$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,890,730$490,454$128,069$85,55018$85,550$466,728$158,233
2024$2,528,345$1,038,866$136,937$118,60322$118,603$703,685$113,961
2023$1,626,416$87,585$127,668$108,67521$108,675$68,592$107,080
2022$1,666,499$978,577$78,157$62,35015$62,350$5,815$50,357
2021$766,079$265,271$66,362$60,7009$60,700$182,507$29,683
2020$567,170$298,376$65,677$61,52210—$33,845$25,905
2019$334,673$19,353$71,536$66,00012—$13,817$18,420

Under IRS private-foundation payout rules, The Perkins Foundation Inc reported a distributable amount of $158K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants went to organizations including churches, schools, education and leadership organizations, a scouting council, a theatre company, and community organizations. The grantees’ stated missions illustrate their work: Lee County Education Foundation supports K–12 students in Lee County public schools; Sandhills Classical Christian School provides Christian academic instruction and student development; Temple Theatre Company promotes cultural, educational, and recreational programs through live theatre; and Ascend Leadership Academy develops student leadership, self-efficacy, intellectual understanding, and social competence.

Other 2025 recipients describe work in areas including Christian athletic outreach, support for Special Forces and veteran unit members and Gold Star Families, downtown community development, and disability-rights advocacy.

Grantmaking

In 2025, the foundation reported 18 grants totaling $85,550. Grant amounts ranged from $100 to $48,600, with a median of $1,000.

The largest reported grants included $48,600 to First Baptist Church in Sanford for outreach programs and $10,000 to Grace Christian School Grace Chapel Church in Sanford for outreach programs. Other grants of $5,000 each went to Boy Scouts of America - Occoneechee Council, Lee County Education Foundation, Sandhills Classical Christian School Inc, and Temple Theatre Company Inc. Ascend Leadership Academy received $2,000. The listed grant purposes were outreach programs.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists George R Perkins Jr as director.

The Perkins Foundation Inc is led by George R. Perkins Jr., Director on every filing since 2019 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • George R. Perkins Jr.

    Director

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Perkins Foundation Inc

How much does The Perkins Foundation Inc give each year?

The Perkins Foundation Inc gave $86K across 18 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $119K across 22 grants.

What is The Perkins Foundation Inc's typical grant size?

The Perkins Foundation Inc's median grant in 2025 was $1,000, and its average grant was $4,753, across 18 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Perkins Foundation Inc that year got $770 on average.

Where does The Perkins Foundation Inc give grants?

The Perkins Foundation Inc gives mostly in North Carolina: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Sanford, NC (9 grants), Raleigh, NC (3 grants) and Kansas City, MO (2 grants).

Does The Perkins Foundation Inc give general operating support?

Not in 2025: none of the 18 grants with a stated purpose on The Perkins Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Outreach Programs" (18 grants).

Who are The Perkins Foundation Inc's largest grantees?

The Perkins Foundation Inc's largest 2025 grantees include First Baptist Church ($48,600), Grace Christian School Grace Chapel Church ($10,000) and Boy Scouts of America - Occoneechee Council ($5,000), according to its 2025 IRS Form 990-PF. Together they received 74% of its itemized 2025 grant dollars.

How large is The Perkins Foundation Inc?

The Perkins Foundation Inc reported $2.9M in total assets on its 2025 IRS Form 990-PF. It paid out $86K in qualifying distributions that year, against a required minimum of $158K (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 does The Perkins Foundation Inc fund?

No mission statement for the foundation is provided. Its 2025 grants went to organizations including churches, schools, education and leadership organizations, a scouting council, a theatre company, and community organizations. See mission & focus areas ↑

How do I apply for a grant from The Perkins Foundation Inc?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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 2019–2025.

Does The Perkins Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 2, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS July 5, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 27, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 18, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Explore Open Grants

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

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Cite this profile

Grantable. (2026). The Perkins Foundation Inc funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/the-perkins-foundation-inc-morg_8845c2c2c956487d830f41789d5b54a6

BibTeX
@misc{grantable_208523229_2026,
  author       = {{Grantable}},
  title        = {{The Perkins Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-perkins-foundation-inc-morg_8845c2c2c956487d830f41789d5b54a6},
  note         = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from The Perkins 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.

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