Private Foundation

ARMAT FOUNDATION INC

ARMAT FOUNDATION INC, of MOUNT AIRY, NC, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $113K in revenue, $114K in expenses, $1.4M in total assets. IRS filings disclose 113 grants awarded by this foundation, totaling roughly $649K.

EIN: 562045002 MOUNT AIRY, NC Latest filing: 2024
Total Revenue$113K
Total Expenses$114K
Total Assets$1.4M
Grants Given113
Grant Total$649K
Filing Years2019–2024

Sample Grants Given

MCCALLIE SCHOOL
CHATTANOOGA, TN · 2024
RONNIE THOMAS SCHOLARSHIP/PAT WOOLSEY PLAQUE
$51,000
SURRY COMMUNITY COLLEGE
DOBSON, NC · 2024
UNRESTRICTED
$50,100
MOUNT AIRY RESTORATION FOUNDATION
MOUNT AIRY, NC · 2024
UNRESTRICTED
$5,300
SURRY ARTS COUNCIL
MOUNT AIRY, NC · 2024
UNRESTRICTED
$1,000
MOUNT AIRY MUSEUM OF REGIONAL HISTORY
MOUNT AIRY, NC · 2024
UNRESTRICTED
$500

Showing up to 5 of 113 total records — full history available with membership.

Officers & Directors

PRESIDENT, SECRETARY Betty Wright
ASST. SEC. Tamra Wright Thomas

Officer compensation and complete director data available with membership.

Top Grant Purposes

UNRESTRICTED
$498,232 111 grants
BETTY AND HYLTON WRIGHT SCHOLARSHIP
$100,000 1 grant
RONNIE THOMAS SCHOLARSHIP/PAT WOOLSEY PLAQUE
$51,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $113K $114K $1.4M
2023 $120K $133K $1.4M
2022 $47K $21K $1.4M
2020 $69K $118K $1.5M
2019 $59K $128K $1.5M

Between 2019 and 2024, reported annual revenue grew from $59K to $113K (+94%), with total assets most recently reported at $1.4M.

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

Grant Geography

Grants from this foundation were reported to recipients in CO, DC, IL, NC, NJ, NY, and 2 other states.

CODCILNCNJNYTNVA

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

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