Top Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.8M in total assets. In 2024, it awarded 12 grants totaling $637K. Net investment income was $724K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.8M
+22.2% YoY
Annual Giving
$637K
+8.8% YoY
Grant Count
12
+9.1% YoY
Avg Grant Size
$53K
-0.2% YoY
Under IRS private-foundation payout rules, Top Family Foundation Inc reported a distributable amount of $618K for 2024 — the minimum it must pay out in qualifying distributions.
About Top Family Foundation Inc
Based on IRS filings
Top Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.8M in total assets. In 2024, it awarded 12 grants totaling $637K. Net investment income was $724K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,790,354 | $10,468,961 | $10,611,541 |
| Revenue | $3,045,329 | $508,079 | $464,402 |
| Expenses | $745,476 | $673,876 | $691,941 |
| Qualifying Distributions | $645,847 | $588,931 | $588,438 |
| Net Investment Income | $724,173 | $504,507 | $603,051 |
| Distributable Amount | $618,394 | $515,823 | $533,226 |
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
40 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Audubon South Carolina ($100,000), Save The Manatee ($75,000), International Crane Foundation ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AUDUBON SOUTH CAROLINA CHARLESTON, SC | GENERAL SUPPORT | $100,000 |
| Chesapeake Foundation Annapolis, MD | GENERAL SUPPORT | $50,000 |
| THE NATURE CONSERVANCY IN OHIO DUBLIN, OH | GENERAL SUPPORT | $50,000 |
| THE NATURE CONSERVANCY - NORTH CAROLINA CHAPTER DURHAM, NC | GENERAL SUPPORT | $50,000 |
| THE NATURE CONSERVANCY OF SOUTH CAROLINA MOUNT PLEASANT, SC | GENERAL SUPPORT | $50,000 |
| THE NATURE CONSERVANCY IN TENNESSEE BRENTWOOD, TN | GENERAL SUPPORT | $50,000 |
| Save The Manatee Maitland, FL | GENERAL SUPPORT | $75,000 |
| FRIENDS OF SLEEPING BEAR DUNES Empire, MI | GENERAL SUPPORT | $20,000 |
| Charleston Waterkeepers Charleston, SC | GENERAL SUPPORT | $25,000 |
| auburn university foundation Auburn, AL | GENERAL SUPPORT | $67,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANKLIN H TOP III | DIRECTOR/PRESIDENT | 0.5 | — |
| FRANKLIN H TOP JR | DIRECTOR/VICE PRESIDENT | 0.5 | — |
| BRIAN N TOP | DIRECTOR/TREASURER | 0.5 | — |
| ANDREW M TOP | DIRECTOR/SECRETARY | 0.5 | — |
| LOIS E TOP | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Top Family Foundation Inc?
Top Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. It holds $12.8M in total assets as of 2024.
How large is Top Family Foundation Inc?
As of 2024, Top Family Foundation Inc holds $12.8M in total assets with $3.0M in annual revenue. It awarded 12 grants totaling $637K in 2024.
Where does Top Family Foundation Inc operate?
Top Family Foundation Inc has awarded grants in Alabama, Florida, Maryland, Michigan, North Carolina, New York, Ohio, South Carolina, Tennessee, Virginia, Wisconsin.
What size grants does Top Family Foundation Inc award?
In 2024, Top Family Foundation Inc awarded 12 grants totaling $637K — an average of about $53K per grant, based on its IRS Form 990 filings.
How much is Top Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Top Family Foundation Inc reported a distributable amount of $618K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Top Family Foundation Inc's EIN?
Top Family Foundation Inc's EIN (Employer Identification Number) is 84-2556506. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Top Family 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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