Wilson Economic Foundation Inc
Encouraging economic development in Wilson county, nc.
Wilson Economic Foundation Inc at a glance
- Total assets
- $791,806
- +8.8% vs 2024
- Revenue (2025)
- $127,895
- -6.1% vs 2024
- Net investment income (2025)
- $24,064
- -17.0% vs 2024
- Expenses (2025)
- $63,724
- +24.7% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Wilson Economic Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Wilson Economic Foundation Inc gives
- Giving fell 84% from 2019 to 2022. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2022, annual grant giving ranged from $14K (2022) to $250K (2020). In 2022 it made 1 grant totaling $14K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ajax Metal Forming Solutions Wilson, NC | Expansion & Jobs | $14,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $791,806 | $127,895 | $63,724 | — | — | $24,064 |
| 2024 | $727,509 | $136,254 | $51,089 | — | — | $28,983 |
| 2023 | $643,013 | $110,266 | $39,600 | — | — | $7,204 |
| 2022 | $572,347 | $192,783 | $68,287 | $14,000 | 1 | $1,040 |
| 2021 | $447,851 | $192,136 | $89,131 | $50,000 | 1 | $1,086 |
| 2020 | $344,801 | $148,963 | $293,440 | $250,000 | 1 | $6,163 |
| 2019 | $489,320 | $153,952 | $125,503 | $85,000 | 1 | $2,915 |
About Wilson Economic Foundation Inc
Based on IRS filings
Wilson Economic Foundation Inc is a public charity, based in Wilson, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $792K in total assets. Net investment income was $24K.
Leadership & Key People
Officers and directors from IRS filings
Wilson Economic Foundation Inc is led by Eliot F. Smith, President since 2025 (on filings since 2019); none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Eliot F. Smith
President
Director → President, 2025
On filings since 2019
No compensation reported
Tim Sharp
Treasurer
On filings since 2019
No compensation reported
Former officers (12)
- Former: David Turnage (2019–2024) — President
- Former: Craig Myers (2019–2022) — President
- Former: Bobby Johnson (2019–2021) — President
- Former: Chris Williford (2019–2021) — Director
- Former: Dana Etheridge (2019–2021) — Director
- Former: Jennifer Lantz (2019–2021) — Director
- Former: John Lee (2019–2021) — Director
- Former: Mark Holyoak (2019–2021) — Director
- Former: Matt Whitley (2019–2021) — Director
- Former: Sandy Arens (2019–2021) — Director
- Former: Wes Berry (2019–2021) — Director
- Former: Robert Appert (2019–2020) — Director
Data from IRS Form 990 filings, 2019–2025. "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 Wilson Economic Foundation Inc
How large is Wilson Economic Foundation Inc?
Wilson Economic Foundation Inc reported $792K in total assets on its 2025 IRS Form 990. Its revenue that year was $128K.
Where does Wilson Economic Foundation Inc operate?
Wilson Economic Foundation Inc has awarded grants in North Carolina, New Jersey.
What is Wilson Economic Foundation Inc's EIN?
Wilson Economic Foundation Inc's EIN (Employer Identification Number) is 56-1549220. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS August 13, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
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Figures come from Wilson Economic 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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