Private Foundation

MICHAEL AND KAREN SCHLEY FOUNDATION

MICHAEL AND KAREN SCHLEY FOUNDATION is a Private Foundation headquartered in RALEIGH, NC. Financial data from the 2024 filing: $193K revenue, $326K expenses, $5.9M total assets. IRS filings disclose 57 grants awarded by this foundation, totaling roughly $1.3M.

EIN: 475393391 RALEIGH, NC Latest filing: 2024

Total Revenue$193K

Total Expenses$326K

Total Assets$5.9M

Grants Given57

Grant Total$1.3M

Filing Years2019–2024

Sample Grants Given

NC JUSTICE CENTER

RALEIGH, NC · 2024

TO ELIMINTE POVERTY IN NORTH CAROLINA BY ENSURING THAT EVERY HOUSEHOLD IN THE STATE HAS ACCESS TO THE RESOURCES, SERVICES, AND FAIR TREATMENT IT NEEDS TO ACHIEVE ECONOMIC SECURITY.

$102,500

KONGONI NETWORK COMMUNITY BASED ORGANIZATION

2024

IMPROVING COMPUTER AND READING SKILLS IN KENYA PRIMARY AND SECONDARY SCHOOLS AND FOR CONSTRUCTION OF THE KONGONI COMMUNITY LIBRARY.

$80,000

NORTH RALEIGH MINISTRIES INC

RALEIGH, NC · 2024

PROVIDE EMERGENCY ASSISTANCE TO RESIDENTS IN NORTH RALEIGH EXPERIENCING CRISIS AND NEEDING HELP WITH ESSENTIAL HUMAN NEEDS.

$55,000

MILLBROOK MAGNET HIGH SCHOOL PTSA

RALEIGH, NC · 2024

FUND SCHOLARSHIPS TO DESERVING STUDENTS TO GO TO WAKE TECH COMMUNITY COLLEGE

$14,400

FAITH MINISTRY

MCALLEN, TX · 2024

TO BUILD HOUSES, SPONSOR CHILDREN, MEET SPIRTITUAL AND MEDICAL NEEDS, AND PROVIDE A COMMUNITY OF FELLOWSHIP.

$10,000

Showing up to 5 of 57 total records — full history available with membership.

Officers & Directors

DIRECTOR Karen Schley

DIRECTOR Michael Schley

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO ELIMINTE POVERTY IN NORTH CAROLINA BY ENSURING THAT EVERY HOUSEHOLD IN THE STATE HAS ACCESS TO THE RESOURCES, SERVICES, AND FAIR TREATMENT IT NEEDS TO ACHIEVE ECONOMIC SECURITY.

$328,500 5 grants

IMPROVING COMPUTER AND READING SKILLS IN KENYA PRIMARY AND SECONDARY SCHOOLS AND FOR CONSTRUCTION OF THE KONGONI COMMUNITY LIBRARY.

$242,000 3 grants

PROVIDE EMERGENCY ASSISTANCE TO RESIDENTS IN NORTH RALEIGH EXPERIENCING CRISIS AND NEEDING HELP WITH ESSENTIAL HUMAN NEEDS.

$135,000 5 grants

TO IMPACT THE LIVES OF THOSE IN EAST AFRICA

$83,192 2 grants

IMPROVING COMPUTER AND READING SKILLS IN KENYA PRIMARY AND SECONDARY SCHOOLS AND FOR CONSTRUCTION OF THE KONGONI COMMUNITY LIBRARY

$73,000 1 grant

Financial Trends

Year	Revenue	Expenses	Assets
2024	$193K	$326K	$5.9M
2023	$4.1M	$244K	$6.0M
2022	$136K	$236K	$2.2M
2020	$9K	$242K	$2.3M
2019	$74K	$202K	$2.5M

Between 2019 and 2024, reported annual revenue grew from $74K to $193K (+162%), with total assets most recently reported at $5.9M.

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

Grant Geography

Grants from this foundation were reported to recipients in AR, CT, DC, MI, NC, TX.

ARCTDCMINCTX

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

See the full picture for MICHAEL AND KAREN SCHLEY FOUNDATION

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports