Public Charity

AJ FLETCHER FOUNDATION

AJ FLETCHER FOUNDATION is a private foundation categorized as Public Charity based in RALEIGH, NC. Its most recent IRS filing (2024) reports revenue of $12.1M, expenses of $10.3M, total assets of $279.2M. Imperigo tracks 316 reported grants from this foundation totaling approximately $43.2M.

EIN: 237423031 RALEIGH, NC Single Organization Support NTEE: T11 Latest filing: 2024
Total Revenue$12.1M
Total Expenses$10.3M
Total Assets$279.2M
Grants Given316
Grant Total$43.2M
Filing Years2020–2024

Mission

SEE SCHEDULE OTHE A.J. FLETCHER FOUNDATION OPERATES FOR THE EXCLUSIVE BENEFIT OF THE FLETCHER ACADEMY, SCHOOL OF ACHIEVEMENT, INC. AND IN FURTHERANCE OF A PURPOSE OF THE FLETCHER ACADEMY, A DESIGNATED CLASS OF OTHER CHARITABLE ORGANIZATIONS. THROUGH ITS GRANTS, THE FOUNDATION SUPPORTS THE FLETCHER ACADEMY AND OTHER PUBLIC CHARITIES LOCATED IN NORTH CAROLINA OR SERVING NORTH CAROLINA RESIDENTS THAT HAVE AS ONE OF THEIR PURPOSES THE CARE OR SUPPORT OF THE ELDERLY, INFIRM OR INDIGENT, THE PROMOTION OF EDUCATION, ARTISTIC ENDEAVORS, COMMUNICATION ARTS, OR PUBLIC RECREATION OR THE FOSTERING OF RELIGIOUS FAITH.

Sample Grants Given

RALEIGH, NC · 2024
OPERATIONS AND FACILITIES SUPPORT
$2,675,000
RALEIGH, NC · 2024
DOROTHEA DIX PARK FUND
$1,000,000
CHAPEL HILL, NC · 2024
BROADCAST STUDIO
$500,000
CHAPEL HILL, NC · 2024
NC NEWSLINE
$285,000
RALEIGH, NC · 2024
REAL ESTATE & STRATEGIC DEVELOPMENT
$250,000

Showing up to 5 of 316 total records — full history available with membership.

Officers & Directors

PRESIDENT Barbara L Goodmon
DIRECTOR Beth Briggs
V.P/ EXEC. DIR./ASST SECRE Damon J Circosta
TREASURER/SECRETARY Daniel P Mcgrath
DIRECTOR/TREASURER Greg Patterson
CHAIRMAN OF THE BOARD James F Goodmon

Officer compensation and complete director data available with membership.

Top Grant Purposes

SCHOOL BUILDING PROJ.; CAMPUS RENO. PROJ.; GEN. OPS/SCHOLARSHIP SUPP.; LITERACY OUTREACH PROG.
$8,127,000 2 grants
GENERAL OPERATIONS
$5,058,000 56 grants
DIX PARK GIFT FUND
$4,000,000 2 grants
OPERATIONS AND FACILITIES SUPPORT
$2,675,000 1 grant
GENERAL OPERATING SUPPORT
$1,477,500 18 grants

Financial Trends

Year Revenue Expenses Assets
2024 $12.1M $10.3M $279.2M
2023 $6.1M $8.1M $263.8M
2022 $103.2M $8.0M $240.2M
2021 $53.7M $16.2M $168.7M
2020 $78.0M $21.9M $154.9M

Between 2020 and 2024, reported annual revenue declined from $78.0M to $12.1M (-84%), with total assets most recently reported at $279.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in DC, NC, TN.

DCNCTN

Full geographic grant map with state-by-state breakdown available with membership.

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