The Yeargan Foundation Charitable

GARNER, NC EIN: 58-1846281

The Yeargan Foundation Charitable Trust is a private 501(c)(3) foundation established in 1998, based in Garner, North Carolina. The foundation operates as a family foundation with a focus on philanthropic giving in education, human services, and healthcare.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.2M

-6.0% YoY

Annual Giving

$2.0M

+350.0% YoY

Grant Count

16

+60.0% YoY

Avg Grant Size

$126K

+181.3% YoY

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

Mission & Focus Areas

The foundation's giving priorities center on higher education and hospice services. The foundation has demonstrated particular commitment to pediatric palliative care and bereavement support programs.

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in North Carolina, Pennsylvania, and Indiana.

Grant Distribution by State

9states
+1 more states

Cities

ArapahoeBooneButnerCaryChapel HillDillinghamDurhamEvansvilleFayettevilleGarnerGreensboroLouisvilleNaplesNew OrleansNew YorkRaleighWaterburyWayneWilmington

Financial History

Multi-year comparison from IRS filings

Assets: $12,209,533 (as of 2024)

Total Revenue (2024): $1,618,517

Total Expenses (2024): $2,403,735

Total Giving (2023): $449,280

Net Assets (2024): $12,209,533

The foundation maintains zero employees and operates with volunteer leadership.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$7M20202021202220232024
Metric202420232022
Total Assets$12,209,533$12,994,751$10,318,496
Revenue$1,618,517$3,454,838$854,087
Expenses$2,403,735$778,583$750,694
Qualifying Distributions$2,099,523$504,945$485,676
Net Investment Income$1,188,715$3,011,241$461,115
Distributable Amount$2,488,237$2,221,657$2,138,018

Giving Over Time

Total grant dollars and number of grants per year

$0$596K$1M$2M$2M18 grants202013 grants202110 grants202210 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WAKE MED FOUNDATION$1.0MTRANSITIONS LIFECARE$325KDUKE UNIVERSITY$200KDURHAM NATIVITY SCHOOL$195KCOMMUNITY OF HOPE$117KSAMARITAN PURSE$100KYMCA OF THE TRIANGLE$50KWAKE TECH FOUNDATION$15KECOLE BILINGUE DE LA NOU…$10KBROTHER MARTIN HIGH SCHOOL$5K

Grant Size Distribution

67 grants across all recorded years

44<$50K7$50–100K13$100–250K1$250–500K$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Polly Yeargan Hardie serves as a key decision-maker for the foundation, overseeing major gift decisions and strategic partnerships.

Compensation Overview

From 2024 IRS filing

SHERMAN YEARGANTRUSTEE$60K

From 2024 filing

NameTitleHoursCompensation
SHERMAN YEARGANTRUSTEE$60,000

Recent News & Activity

Recent developments and announcements

2023

In August 2023, the Yeargan Charitable Foundation announced a $1,000,000 gift to the Transitions Kids program at Transitions LifeCare in support of pediatric hospice and palliative care services. Foundation leadership emphasized the program's rapid implementation and effective stewardship, noting it as one of the foundation's most fulfilling endeavors.

The Yeargan Charitable Foundation Announces $1,000,000 Gift to the Transitions

Related Funders

Similar funders by location and focus area

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

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