William C Ethridge Foundation Inc

Private foundation · Grantmaker Raleigh, NC EIN: 58-2000825

William C Ethridge Foundation Inc is a private foundation based in Raleigh, North Carolina. It makes direct contributions to qualifying organizations; its 2025 filing states that giving is not restricted to preselected organizations.

William C Ethridge Foundation Inc at a glance

In short: William C Ethridge Foundation Inc gave $501K across 49 grants in 2025 (avg $10K), mostly in North Carolina. 2% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$501,000
-14.1% vs 2024
Grants made (2025)
49
+4.3% vs 2024
Average grant
$10,224
-17.6% vs 2024
Median grant
$5,000
Total assets
$10,235,994
+8.9% vs 2024
New grantees (estimate)
2% first-time grantees (1 of 49, 2025)
Primary geography
North Carolina (100% 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 William C Ethridge Foundation Inc

How to Apply

The filing lists Monty White as the contact. It states that there is no specific form, no restrictions on awards, and no deadline.

Review Cycle
None stated.
Deadline
None stated.
Contact

Application contact: Monty White
Mailing address: PO Box 18347, Raleigh, NC 27619
Phone: (919) 832-6800

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

Who William C Ethridge Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Raleigh Rescue Mission: $108KRaleigh Rescue Mission$108KLucy Daniels Preschool: $35KLucy Daniels Preschool$35KHealing Transitions: $35KHealing Transitions$35KFoundation of Hope: $30KFoundation of Hope$30KMarbles Kid Museum: $30KMarbles Kid Museum$30KSAFEchild: $28KSAFEchild$28KYMCA: $25KYMCA$25KSPCA of Wake County: $25KSPCA of Wake County$25KBoys Club of Wake County: $15KBoys Club of Wake County$15KRaleigh YMCA: $10KRaleigh YMCA$10K

The largest 2025 recipient was Raleigh Rescue Mission ($108K). Together the top 10 received $340K.

Grant Size Distribution

240 grants across all recorded years

233<$50K4$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 233 grants of 240 (97%).

Geographic Focus

Where this funder awards grants

All grant dollars listed for 2025 went to recipients in North Carolina. Many listed recipients are based in Raleigh, with others in nearby communities such as Cary.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 49 itemized grants.

Cities

RaleighCaryDurhamMorrisvilleAsheboroWake ForestSSouthern PinesBoonePittsboro

Is William C Ethridge Foundation Inc open to new grantees?

2%

first-time grantees, 2025

In 2025, 1 of 49 grantees (2%) were first-time recipients. First grants averaged $5K; repeat grants $10K. How we count

Medians: $5K first-time, $5K repeat.

  • 90% of 2025 grantees were also funded in 2024. Method
  • In 2025 it paid out 87% 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 (2020–2025). 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$200K$400K$600K44 grants2020 56 grants2021 44 grants2023 47 grants2024 49 grants2025

From 2020 to 2025, annual grant giving ranged from $477K (2020) to $584K (2024). In 2025 it made 49 grants totaling $501K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Raleigh Rescue Mission Raleigh, NCTo fund operational expenses$107,500
Lucy Daniels Preschool Cary, NCTo fund operational expenses$35,000
Healing Transitions Raleigh, NCCapital Gifts/Special Programs$35,000
Foundation of Hope Raleigh, NCTo fund operational expenses$30,000
Marbles Kid Museum Raleigh, NCTo fund operational expenses$30,000
SAFEchild Raleigh, NCTo fund operational expenses$27,500
YMCA Raleigh, NCCapital Gifts/Speical Programs$25,000
SPCA of Wake County Raleigh, NCCapital Gifts/Special Programs$25,000
Boys Club of Wake County Raleigh, NCTo fund operational expenses$15,000
Raleigh YMCA Raleigh, NCTo fund operational expenses$10,000
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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$10,235,994$1,351,808$513,887$501,00049$501,000$1,338,921$574,357
2024$9,398,073$762,430$601,358$583,50047$583,500$744,572$562,051
2023$9,237,001$641,434$582,534$567,50044$567,500$617,730$496,584
2021$9,448,175$1,493,460$536,132$517,50056$517,500$1,470,238$556,076
2020$8,490,847$860,899$494,220$476,50044—$841,867$474,148

Under IRS private-foundation payout rules, William C Ethridge Foundation Inc reported a distributable amount of $574K for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No formal mission statement for the foundation is provided. Its 2025 grants include operational support and capital gifts or special programs. Grantees describe a range of community services: Raleigh Rescue Mission says it equips people through the love of Jesus Christ; Healing Transitions describes peer-based recovery services for people experiencing homelessness, addiction, or related barriers; and Boys Club of Wake County says it helps young people reach their potential. Other supported organizations describe work in areas such as food assistance, family services, and support for young adults transitioning out of foster care.

Grantmaking

In 2025, the foundation reported 49 grants totaling $501,000. Grants ranged from $1,000 to $107,500, with a median grant of $5,000. The largest awards included $107,500 to Raleigh Rescue Mission, $35,000 each to Lucy Daniels Preschool and Healing Transitions, $30,000 each to Foundation of Hope and Marbles Kid Museum, and $27,500 to SAFEchild. Raleigh Rescue Mission’s grant was for operational expenses; Healing Transitions’ was for capital gifts or special programs. Other listed recipients included the YMCA ($25,000), SPCA of Wake County ($25,000), Boys Club of Wake County ($15,000), Habitat for Humanity ($10,000), Food Bank of NC ($10,000), and The Corral Riding Academy ($7,500).

Leadership & Key People

Leadership team and compensation from IRS filings

Sydnor M White Jr is listed as Chairman on the 2025 filing.

William C Ethridge Foundation Inc is led by Sydnor M White Jr., Chairman on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Sydnor M White Jr.

    Chairman

    On filings since 2020

    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.

Frequently asked questions about William C Ethridge Foundation Inc

How much does William C Ethridge Foundation Inc give each year?

William C Ethridge Foundation Inc gave $501K across 49 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $584K across 47 grants.

What is William C Ethridge Foundation Inc's typical grant size?

William C Ethridge Foundation Inc's median grant in 2025 was $5,000, and its average grant was $10,224, across 49 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from William C Ethridge Foundation Inc that year got $5K on average.

Where does William C Ethridge Foundation Inc give grants?

William C Ethridge Foundation Inc gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Raleigh, NC (40 grants), Cary, NC (2 grants), Durham, NC (2 grants) and Morrisville, NC (2 grants).

Does William C Ethridge Foundation Inc give general operating support?

Yes: 86% of William C Ethridge Foundation Inc's 2025 grants with a stated purpose (42 of 49) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Capital Gifts/Special Programs" (6 grants).

Who are William C Ethridge Foundation Inc's largest grantees?

William C Ethridge Foundation Inc's largest 2025 grantees include Raleigh Rescue Mission ($107,500), Lucy Daniels Preschool ($35,000) and Healing Transitions ($35,000), according to its 2025 IRS Form 990-PF. Together they received 35% of its itemized 2025 grant dollars.

How large is William C Ethridge Foundation Inc?

William C Ethridge Foundation Inc reported $10.2M in total assets on its 2025 IRS Form 990-PF. It paid out $501K in qualifying distributions that year, against a required minimum of $574K (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 William C Ethridge Foundation Inc fund?

No formal mission statement for the foundation is provided. Its 2025 grants include operational support and capital gifts or special programs. See mission & focus areas ↑

How do I apply for a grant from William C Ethridge Foundation Inc?

The filing lists Monty White as the contact. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is William C Ethridge Foundation Inc's EIN?

William C Ethridge Foundation Inc's EIN (Employer Identification Number) is 58-2000825. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS July 27, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). William C Ethridge Foundation Inc funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/william-c-ethridge-foundation-inc-morg_a14add814f8448658191e8074f9be4e3

BibTeX
@misc{grantable_582000825_2026,
  author       = {{Grantable}},
  title        = {{William C Ethridge Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/william-c-ethridge-foundation-inc-morg_a14add814f8448658191e8074f9be4e3},
  note         = {Accessed 2026-10-17. 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 William C Ethridge 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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