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Floyd Foundation Inc. is a private corporation based in KINSTON, NC. The foundation received its IRS ruling in 1999. The principal officer is Dexter Floyd. It holds total assets of $599K. Annual income is reported at $313K. Total assets have grown from $102K in 2011 to $599K in 2024. The foundation is governed by 4 officers and trustees. No direct activities. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in North Carolina. According to available records, Floyd Foundation Inc. has made 14 grants totaling $280K, with a median grant of $10K. Annual giving has decreased from $60K in 2020 to $40K in 2023. Grantmaking activity was highest in 2022 with $110K distributed across 4 grants. Individual grants have ranged from $4K to $50K, with an average award of $20K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in North Carolina and South Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$25K
Average Grant
$20K
Largest Grant
$25K
Based on 3 grants from the most recent 990-PF filing.
No direct activities
No direct activities. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in NC, SC.
Floyd Foundation Inc. has distributed a total of $280K across 14 grants. The median grant size is $10K, with an average of $20K. Individual grants have ranged from $4K to $50K.
Floyd Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Floyd Foundation Inc. is headquartered in KINSTON, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dexter Floyd | PRESIDENT | $0 | $0 | N/A |
| Gregory Floyd | Vice PResident | $0 | $0 | N/A |
| Dorothy Floyd | SECRETARY / TREASURER | $0 | $0 | N/A |
| Jennifer Floyd | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$599K
Fair Market Value
N/A
Net Worth
$599K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
14
Total Giving
$280K
Average Grant
$20K
Median Grant
$10K
Unique Recipients
10
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Baptist ChurchCHARITABLE | Kinston, NC | $25K | 2020 |
| Lenoir Community College FoundationPhilanthropy | Kinston, NC | $11K | 2023 |
| Campbell UniversityPhilanthropy | Buies Creek, NC | $10K | 2023 |
| Lagrange Christian ChurchPhilanthropy | La Grange, NC | $10K | 2023 |
| Broad Swamp Pentacostal Holiness ChurchPhilanthropy | Kingstree, SC | $6K | 2023 |
| First Bapist ChurchPhilanthropy | Kinston, NC | $4K | 2023 |
| Center Baptist ChurchCHARITABLE | Hemingway, SC | $50K | 2021 |
| Broad Swamp ChurchCHARITABLE | Kingstree, SC | $20K | 2021 |
| Lenoir Community CollegeCHARITABLE | Kinston, NC | $25K | 2020 |
| Unc Lenoir Hospital FoundationCHARITABLE | Kinston, NC | $10K | 2020 |