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Eason Foundation is a private corporation based in DURHAM, NC. The foundation received its IRS ruling in 2002. The principal officer is Stephen A Eason. It holds total assets of $230K. Annual income is reported at $160K. Total assets have decreased from $133K in 2011 to $61K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in North Carolina. According to available records, Eason Foundation has made 34 grants totaling $354K, with a median grant of $5K. Annual giving has grown from $100K in 2020 to $153K in 2022. Individual grants have ranged from $250 to $50K, with an average award of $10K. The foundation has supported 17 unique organizations. Grants have been distributed to organizations in North Carolina and Pennsylvania and Arkansas. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$5K
Average Grant
$10K
Largest Grant
$42K
Based on 10 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.
Eason Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in NC, PA, AR.
Eason Foundation has distributed a total of $354K across 34 grants. The median grant size is $5K, with an average of $10K. Individual grants have ranged from $250 to $50K.
Eason Foundation typically selects its grantees rather than accepting unsolicited proposals.
Eason Foundation is headquartered in DURHAM, NC. While based in NC, the foundation distributes grants to organizations across 3 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephen A Eason | PRESIDENT | $0 | $0 | N/A |
Total Giving
$23K
Total Assets
$61K
Fair Market Value
$61K
Net Worth
$61K
Grants Paid
$21K
Contributions
$500
Net Investment Income
N/A
Distribution Amount
$3K
Total Grants
34
Total Giving
$354K
Average Grant
$10K
Median Grant
$5K
Unique Recipients
17
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Roaring Gap FoundationGENERAL | Greensboro, NC | $5K | 2021 |
| Duke GardensGENERAL | Durham, NC | $50K | 2022 |
| Durham Nativity SchoolGENERAL | Durham, NC | $18K | 2022 |
| Arkansas Community Foundation AlexGENERAL | Little Rock, AR | $5K | 2022 |
| Triangle Residential Options For SuGENERAL | Durham, NC | $3K | 2022 |
| Cherry Land Volunteer Fire DepartmeGENERAL | Roaring Gap, NC | $500 | 2022 |
| Reality MinistriesGENERAL | Durham, NC | $500 | 2022 |
| Alleghany County Rescure SquadGENERAL | Sparta, NC | $250 | 2022 |
| Carolina Performing ArtsGENERAL | Chapel Hill, NC | $30K | 2021 |
| University Of PennsylvaniaGENERAL | Philadelphia, PA | $25K | 2021 |
| Urban Ministries Of DurhamGENERAL | Durham, NC | $20K | 2021 |
| Emily K CenterGENERAL | Durham, NC | $10K | 2021 |
| The Nasher Museum Of ArtGENERAL | Durham, NC | $5K | 2021 |
| Food Bank Of Central Eastern NortGENERAL | Durham, NC | $5K | 2021 |
| Iglesia Prebiteriana EmanuelGENERAL | Durham, NC | $1K | 2021 |
| Book HarvestGENERAL | Durham, NC | $500 | 2021 |
| TrosaGENERAL | Durham, NC | $1K | 2020 |