George and Sarah Buchanan Foundation
The George and Sarah Buchanan Foundation is a private independent foundation based in Greensboro, North Carolina. Established in 2006 and supported by the George B. Buchanan Jr. Estate, the foundation is dedicated to providing grants and support to 501(c)(3) charitable organizations across the United States. The foundation operates as a non-operating private foundation with a mission centered on helping those in need.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$65.8M
-3.0% YoY
Annual Giving
$3.7M
+25.7% YoY
Grant Count
82
+18.8% YoY
Avg Grant Size
$45K
+5.8% YoY
Mission & Focus Areas
The foundation's mission is "providing help and support to those in need" across five distinct program areas:
- Military Support — Partnering with charities that provide essential support to military personnel, veterans, and their families during and after service, including housing assistance for veterans and Gold Star families
- Special Needs — Supporting organizations dedicated to improving the lives of individuals with disabilities through tailored services and programs
- At-Risk Youth — Collaborating with initiatives focused on guiding at-risk youth toward a brighter future through education, mentorship, and support
- Education — Investing in educational organizations that innovate learning and make knowledge accessible to underprivileged communities, as well as organizations providing vocational training opportunities
- Faith-Based Organizations — Supporting faith-based charitable initiatives
Grantmaking
The foundation operates a single grant program with no formal application form or published deadlines. Organizations submit Letters of Inquiry to apply for funding.
Grant Range
$5,000 to $150,000
Average Grant
$20,000
Review Cycle
. Organizations submit Letters of Inquiry to apply for funding.
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in North Carolina, Virginia, and New York, which account for 71% of all grants. Grantmaking reaches organizations across 15 states nationally.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Income:
- Total assets: $67.9 million (as of February 2024)
- Total assets: $65.8 million (as of February 2025)
- Annual giving: $2.9 million to $3.7 million
- Total revenues (FY 2024): $20,935,033
- Total expenses (FY 2024): $3,035,259
- Investment income and dividends (FY 2024): $1,272,393
Asset Growth: Total assets have grown significantly from $2.3 million in 2011 to $67.9 million in 2023.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $65,838,620 | $67,868,350 | $49,968,575 |
| Revenue | $1,864,161 | $20,935,033 | $30,311,460 |
| Expenses | $3,893,889 | $3,035,259 | $1,109,442 |
| Qualifying Distributions | $3,665,000 | $2,915,000 | $1,008,500 |
| Net Investment Income | $1,033,656 | $1,158,293 | $235,633 |
| Distributable Amount | $3,610,794 | $2,883,313 | $1,021,470 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
164 grants across all recorded years
Open Grants
1 open opportunity from George and Sarah Buchanan Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- George B. Buchanan Jr. — Principal Officer/President
The foundation is governed by 3 officers and trustees.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE BUCHANAN III | VICE PRESIDENT | 1 | — |
| ROBERT BUCHANAN | PRESIDENT | 6 | — |
| SALLY ALEXANDER | SECRETARY/TREASURER | 1 | — |
Recent Grants
Recent developments and announcements
Recent grants awarded include:
Stephen Siller Tunnel To Towers Foundation — $150,000 (General Support)
Caldwell Academy — $125,000 (Scholarship Funding)
Danville Life Saving and First Aid Crew — $125,000 (General Support)
The foundation has supported 51 unique organizations across its grantmaking history, with individual grants ranging from $2,000 to $125,000.
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with George and Sarah Buchanan Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities