William C Ethridge Foundation Inc

RALEIGH, NC EIN: 58-2000825

The William C Ethridge Foundation Inc is a private foundation based in Raleigh, North Carolina. Established in 2014, the foundation operates as a 501(c)(3) charitable organization with a focus on direct contributions to qualifying organizations in the region.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.4M

+1.7% YoY

Annual Giving

$584K

+2.8% YoY

Grant Count

47

+6.8% YoY

Avg Grant Size

$12K

-3.7% YoY

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

Mission & Focus Areas

The foundation has not publicly provided a formal mission statement. However, its grantmaking priorities center on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Nonprofit operational support

The foundation primarily provides funding to grantees to help cover operational expenses.

Grantmaking

The foundation made an additional 22 grants totaling $369,500 in 2024.

Grant Range

& Activity:**

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is primarily concentrated in North Carolina, with particular emphasis on the Raleigh area.

Grant Distribution by State

1states

Cities

AsheboroBooneCaryDurhamMorrisvillePittsboroRaleighSsouthern PinesWake Forest

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $9,398,073
  • Total Revenues: $762,430
  • Total Expenses: $601,358
  • Total Liabilities: $0

As of 2023:

  • Total Assets: $9,240,000
  • Total Revenues: $641,000
  • Total Expenses: $583,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$411K$821K$1M$2M2020202120232024
Metric202420232021
Total Assets$9,398,073$9,237,001$9,448,175
Revenue$762,430$641,434$1,493,460
Expenses$601,358$582,534$536,132
Qualifying Distributions$583,500$567,500$517,500
Net Investment Income$744,572$617,730$1,470,238
Distributable Amount$562,051$496,584$556,076

Giving Over Time

Total grant dollars and number of grants per year

$0$146K$292K$438K$584K44 grants202056 grants202144 grants202347 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Raleigh Rescue Mission$108KRaleigh YMCA$35KFood Bank of North Carol…$35KLucy Daniels Preschool$35KFoundation of Hope$30KMarbles Kid Museum$30KWake County SPCA$28KSAFEchild$28KNC Zoo Society$28KInteract$25K

Grant Size Distribution

185 grants across all recorded years

180<$50K3$50–100K2$100–250K$250–500K$500K–1M$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

Jim A King is listed as the officer or director to whose attention correspondence should be directed.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Sydnor M White JrChairman

Contact Information

Mailing Address: PO Box 18347 Raleigh, NC 27619

EIN: 58-2000825

Subject Areas

Focus areas based on grantmaking activity

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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