Whaley Family Foundation Inc

Private foundation · Grantmaker Durham, NC EIN: 56-2196964

WHALEY FAMILY FOUNDATION INC is a private foundation based in Durham, North Carolina. Its 2025 filing reports 11 grants totaling $2,193,246, including support for a donor-advised fund, universities, a school, and other charitable organizations.

Key facts about Whaley Family Foundation Inc

In short: Whaley Family Foundation Inc gave $2.2M across 11 grants in 2025 (avg $199K), mostly in New York. 40% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
56-2196964
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,193,246
Grants made (2025)
11
Average grant
$199,386
Median grant
$10,000
New grantees (estimate)
40% first-time grantees (4 of 10, 2025)
Primary geography
New York (96% of itemized 2025 grant dollars)
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. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$2.2M

+2486.7% YoY

Grant Count

11

+57.1% YoY

Avg Grant Size

$199K

+1546.1% YoY

Under IRS private-foundation payout rules, Whaley Family Foundation Inc reported a distributable amount of $63K for 2025 — the minimum it must pay out in qualifying distributions.

Is Whaley Family Foundation Inc open to new grantees?

40%

first-time grantees, 2025

In 2025, 4 of 10 grantees (40%) were first-time recipients. First grants averaged $532K; repeat grants $11K. How we count

Medians: $15K first-time, $10K repeat.

  • 60% of 2025 grantees were also funded in 2024. Method
  • Giving grew 2353% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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 included scholarships, school support, operating support, and contributions for charitable missions and educational programs. Among its grantees, Triangle Day School describes its mission as fostering academic excellence, curiosity, compassion, integrity, and creativity. Salisbury University Foundation says it enriches the university’s activities, educational programs, athletics, and scholarships. Action Kivu says it assists people in the Democratic Republic of Congo.

Grantmaking

In filing year 2025, the foundation gave $2,193,246 through 11 grants. Grant amounts ranged from $3,000 to $2,095,790, with a median grant of $10,000. The largest grant, $2,095,790, went to The Whaley Family Fund (a DAF) for “support charitable mission.” Other notable grants included $20,000 to Tennessee Tech University Foundation for scholarships; $19,956 to The UNC Eshelman School of Pharmacy Foundation for scholarships; $17,500 to Triangle Day School for its annual fund; and $10,000 to Action Kivu for support of its charitable mission.

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Geographic Focus

Where this funder awards grants

In 2025, 96% of grant dollars went to recipients in New York, 2% to North Carolina, 1% to Tennessee, 1% to Maryland, and a rounded 0% to California.

Grant Distribution by State

5states

Share of 2025 grant dollars across all 11 itemized grants.

Cities

SalisburyChapel HillDurhamBerlinCookevilleLos AngelesPurchase

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M8 grants2020 8 grants2021 7 grants2022 7 grants2023 7 grants2024 11 grants2025

From 2020 to 2025, annual grant giving ranged from $67K (2020) to $2.2M (2025). In 2025 it made 11 grants totaling $2.2M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

The Whaley Family Fund (A DAF): $2.1MThe Whaley Family Fund (A DAF)$2.1MTennessee Tech University Foundation: $20KTennessee Tech UniversityFoundation$20KThe UNC Eshelman School of Pharmacy Foundation Inc: $20KThe UNC Eshelman School ofPharmacy Foundation Inc$20KTriangle Day School: $18KTriangle Day School$18KAction Kivu: $10KAction Kivu$10KThe Botanical Garden Foundation Inc: $10KThe Botanical GardenFoundation Inc$10KSalisbury University Foundation Inc: $10K across 2 grantsSalisbury UniversityFoundation Inc$10K · 2 grantsBeach to Bay Heritage Area: $4KBeach to Bay Heritage Area$4KWicomico Public Library Friends Foundation: $3KWicomico Public LibraryFriends Foundation$3KSalisbury Art Space: $3KSalisbury Art Space$3K

The largest 2025 recipient was The Whaley Family Fund (A DAF) ($2.1M). Together the top 10 received $2.2M.

Grant Size Distribution

40 grants across all recorded years

36<$50K3$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 36 grants of 40 (90%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Whaley Family Fund (A DAF) Purchase, NYSupport Charitable Mission$2,095,790
Tennessee Tech University Foundation Cookeville, TNScholarships$20,000
The UNC Eshelman School of Pharmacy Foundation Inc Chapel Hill, NCScholarships$19,956
Triangle Day School Durham, NCTDS Annual Fund$17,500
Action Kivu Los Angeles, CASupport Charitable Mission$10,000
The Botanical Garden Foundation Inc Chapel Hill, NCOperating Support$10,000
Salisbury University Foundation Inc Salisbury, MDSchool of Liberal Arts$7,000
Beach to Bay Heritage Area Berlin, MDSupport Charitable Mission$4,000
Wicomico Public Library Friends Foundation Salisbury, MDSupport Charitable Mission$3,000
Salisbury University Foundation Inc Salisbury, MDAdventures in Ideas Humanities Series$3,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 Not reported here $144,762 $2,212,705 $2,193,246
2024 $2,066,263 $121,830 $102,248 $84,790
2023 $1,854,000 $17,245 $100,598 $84,213
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets—$2,066,263$1,854,000
Revenue$144,762$121,830$17,245
Expenses$2,212,705$102,248$100,598
Qualifying Distributions$2,194,941$85,395$85,088
Net Investment Income$129,559$104,977$9,140
Distributable Amount$63,446$98,061$85,665

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 2, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 27, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Gary M Whaley as president and CFO; Donald M Whaley as vice president; Jason M Whaley as treasurer and assistant secretary; and Leanne Whaley Owens as secretary and assistant treasurer.

Whaley Family Foundation Inc is led by Gary M. Whaley, President & CFO on every filing since 2020; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Gary M. Whaley

    President & CFO

    On filings since 2020

    1 hr/week

    No compensation reported

  • Donald M. Whaley

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jason M. Whaley

    Treasurer & Assistant Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Leanne Whaley Owens

    Secretary & Assistant Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 3942 Bristol Road, Durham, NC 27707
Phone: (919) 451-8554

Frequently asked questions about Whaley Family Foundation Inc

How much does Whaley Family Foundation Inc give each year?

Whaley Family Foundation Inc gave $2.2M across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $85K across 7 grants.

What is Whaley Family Foundation Inc's typical grant size?

Whaley Family Foundation Inc's median grant in 2025 was $10,000, and its average grant was $199,386, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Whaley Family Foundation Inc that year got $532K on average.

Where does Whaley Family Foundation Inc give grants?

Whaley Family Foundation Inc gives mostly in New York: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Salisbury, MD (4 grants) and Chapel Hill, NC (2 grants).

Does Whaley Family Foundation Inc give general operating support?

Yes: 27% of Whaley Family Foundation Inc's 2025 grants with a stated purpose (3 of 11) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Support Charitable Mission" (4 grants).

Who are Whaley Family Foundation Inc's largest grantees?

Whaley Family Foundation Inc's largest 2025 grantees include The Whaley Family Fund (A DAF) ($2,095,790), Tennessee Tech University Foundation ($20,000) and The UNC Eshelman School of Pharmacy Foundation Inc ($19,956), according to its 2025 IRS Form 990-PF. Together they received 97% of its itemized 2025 grant dollars.

What does Whaley Family Foundation Inc fund?

No mission statement for the foundation is provided. Its 2025 grants included scholarships, school support, operating support, and contributions for charitable missions and educational programs. See mission & focus areas ↑

How do I apply for a grant from Whaley Family 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 ↑

How much is Whaley Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Whaley Family Foundation Inc reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Whaley Family Foundation Inc's EIN?

Whaley Family Foundation Inc's EIN (Employer Identification Number) is 56-2196964. IRS Form 990 filing data is available on this page for 2020–2025.

Does Whaley Family Foundation Inc accept unsolicited proposals?

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

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

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