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Bailey Endowment Inc. is a private corporation based in RALEIGH, NC. The foundation received its IRS ruling in 1993. The principal officer is Hoyt Q Bailey. It holds total assets of $3.2M. Annual income is reported at $764K. Total assets have grown from $1.3M in 2011 to $3.2M in 2023. The foundation is governed by 6 officers and trustees. Tax records are available from 2016 to 2023. Grantmaking is concentrated in North Carolina. According to available records, Bailey Endowment Inc. has made 145 grants totaling $737K, with a median grant of $3K. Annual giving has decreased from $215K in 2020 to $138K in 2023. Individual grants have ranged from $500 to $30K, with an average award of $5K. The foundation has supported 67 unique organizations. The foundation primarily supports organizations in North Carolina, Georgia, Nebraska, which account for 99% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$4K
Average Grant
$6K
Largest Grant
$30K
Based on 36 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bailey Endowment Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 145 grants. Its grantmaking reaches organizations primarily in NC, GA, NE.
Bailey Endowment Inc. has distributed a total of $737K across 145 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $500 to $30K.
Bailey Endowment Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (561802700) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Bailey Endowment Inc. is headquartered in RALEIGH, NC. While based in NC, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hoyt G Tessner | PRESIDENT | $0 | $0 | N/A |
| Melanie Knight | SECRETARY/TR | $0 | $0 | N/A |
| Cynthia Buckingham | VP | $0 | $0 | N/A |
| Anne Bailey | DIRECTOR | $0 | $0 | N/A |
| Nicholas Tessener | DIRECTOR | $0 | $0 | N/A |
| A Bailey Knight | DIRECTOR | $0 | $0 | N/A |
Total Giving
$184K
Total Assets
$3.2M
Fair Market Value
$4M
Net Worth
$3.2M
Grants Paid
$138K
Contributions
N/A
Net Investment Income
$138K
Distribution Amount
$156K
Total: $3M
Total Grants
145
Total Giving
$737K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
67
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyOPERATIONAL SUPPORT | Shelby, NC | $4K | 2023 |
| Ncsu Student Aid AssociationOPERATIONAL SUPPORT | Raleigh, NC | $25K | 2023 |
| ShopspaceOPERATIONAL SUPPORT | Raleigh, NC | $19K | 2023 |
| Gwu School Of DivinityOPERATIONAL SUPPORT | Boiling Springs, NC | $12K | 2023 |
| Association For Welfare Of AnimalsOPERATIONAL SUPPORT | Shelby, NC | $10K | 2023 |
| Penland School Of CraftsOPERATIONAL SUPPORT | Penland, NC | $7K | 2023 |
| Arts Nc StateOPERATIONAL SUPPORT | Raleigh, NC | $7K | 2023 |
| Maple TempleOPERATIONAL SUPPORT | Raleigh, NC | $7K | 2023 |
| Wildlife WelfareOPERATIONAL SUPPORT | Raleigh, NC | $6K | 2023 |
| Noah'S Ark Wildlife CenterOPERATIONAL SUPPORT | Sandy Ridge, NC | $6K | 2023 |
| Boys And Girls Club Of Cleveland CoOPERATIONAL SUPPORT | Shelby, NC | $5K | 2023 |
| Interfaith Food ShuttleOPERATIONAL SUPPORT | Raleigh, NC | $5K | 2023 |
| Campbell University Law SchoolOPERATIONAL SUPPORT | Raleigh, NC | $5K | 2023 |
| Cleveland County Arts CouncilOPERATIONAL SUPPORT | Shelby, NC | $4K | 2023 |
| Carolina Tiger RescueOPERATIONAL SUPPORT | Pittsboro, NC | $3K | 2023 |
| Friends Of Wake GalOPERATIONAL SUPPORT | Cary, NC | $3K | 2023 |
| Cleveland Volunteer Fire DeptOPERATIONAL SUPPORT | Shelby, NC | $3K | 2023 |
| Second Chance Pet AdoptionsOPERATIONAL SUPPORT | Raleigh, NC | $2K | 2023 |
| Women'S CenterOPERATIONAL SUPPORT | Raleigh, NC | $2K | 2023 |
| Alzheimer'S AssociationOPERATIONAL SUPPORT | Charlotte, NC | $2K | 2023 |
| Helping Horse Therapeutic RidingOPERATIONAL SUPPORT | Wendell, NC | $2K | 2023 |
| Oak City CaresOPERATIONAL SUPPORT | Raleigh, NC | $1K | 2023 |
| North Carolina SymphonyOPERATIONAL SUPPORT | Raleigh, NC | $1K | 2023 |
| Cleveland County Rescue MissionOPERATIONAL SUPPORT | Shelby, NC | $1K | 2023 |
| Friends Of The ParksOPERATIONAL SUPPORT | Shelby, NC | $1K | 2023 |
| Wncw Public RadioOPERATIONAL SUPPORT | Spindale, NC | $1K | 2023 |
| Nc Reading ServiceOPERATIONAL SUPPORT | Raleigh, NC | $500 | 2023 |
| Upper Cleveland Rescue (Void Check)OPERATIONAL SUPPORT | Lawndale, NC | N/A | 2023 |
| Ncsu Baseball Enhancement FundONGOING PROGRAMS | Raleigh, NC | $25K | 2022 |
| Cleveland County Sheriff'S OfficeONGOING PROGRAMS | Shelby, NC | $8K | 2022 |
| Helping Hand MissionONGOING PROGRAMS | Raleigh, NC | $6K | 2022 |
| CareONGOING PROGRAMS | Earl, NC | $5K | 2022 |
| Pullen Memorial Baptist ChurchRELIGION | Raleigh, NC | $3K | 2022 |
| Millbrook Wildcat ClubONGOING PROGRAMS | Raleigh, NC | $3K | 2022 |
| Brothers In Christ Outreach MinistrONGOING PROGRAMS | Shelby, NC | $3K | 2022 |