The Coffey Foundation Inc

LENOIR, NC EIN: 56-6047501

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$8.0M

+2.6% YoY

Annual Giving

$392K

-1.9% YoY

Grant Count

65

+1.6% YoY

Avg Grant Size

$6K

-3.4% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$216K$432K$648K$864K20202021202220232024
Metric202420232022
Total Assets$8,025,040$7,822,582$7,919,011
Revenue$701,437$405,347$569,892
Expenses$495,015$497,974$526,668
Qualifying Distributions$406,091$407,249$446,295
Net Investment Income$612,513$314,622$489,519
Distributable Amount$432,254$393,339$405,834

Giving Over Time

Total grant dollars and number of grants per year

$0$108K$215K$323K$430K60 grants202059 grants202171 grants202264 grants202365 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FOUNDATION OF CALDWELL C…$25KCALDWELL COUNTY YOKEFELLOW$15KCALDWELL COUNTY HABITAT …$14KCALDWELL ARTS COUNCIL$13KCALDWELL HOUSE INC$10KCOMMUNITIES IN SCHOOLS$10KSHELTER HOME OF CALDWELL…$10KSOUTH CALDWELL CHRISTIAN…$10KLENOIR SOUP KITCHEN$9KBALDWIN WALLACE UNIVERSI…$8K

Grant Size Distribution

319 grants across all recorded years

319<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does The Coffey Foundation Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JENNIE GOODMAN DEALTRUSTEE$2KDEBORAH ASHLEY SMITHTRUSTEE$2KBETTY LOU MILLERTRUSTEE$1KELIZABETH SHULL FOXTRUSTEE$1KHARRIET HINESTRUSTEE$1KRAHN CHASETRUSTEE$1KROBERT O FLOYD JRTRUSTEE$1KLAUREN BROOKS CLARKTRUSTEE$1K

From 2024 filing

NameTitleHoursCompensation
BETTY LOU MILLERTRUSTEE2$1,450
HARRIET HINESTRUSTEE2$1,200
JENNIE GOODMAN DEALTRUSTEE2$2,450
DEBORAH ASHLEY SMITHTRUSTEE2$1,700
RAHN CHASETRUSTEE2$1,200
ROBERT O FLOYD JRTRUSTEE2$1,200
LAUREN BROOKS CLARKTRUSTEE2$1,200
ELIZABETH SHULL FOXTRUSTEE2$1,450

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

8states

Cities

AndersonBanner ElkBereaBoiling SpringsBooneBryn MawrChapel HillCharlotteClintonConnelly SpringsConwayCrossnoreCullowheeDurhamGranite FallsHickoryHudsonJamaicaLenoirRaleigh

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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