Private Foundation

GRAVELY FOUNDATION INC

GRAVELY FOUNDATION INC, of ROCKY MOUNT, NC, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $91K in revenue, $58K in expenses, $857K in total assets. IRS filings disclose 24 grants awarded by this foundation, totaling roughly $285K.

EIN: 566044106 ROCKY MOUNT, NC Latest filing: 2024
Total Revenue$91K
Total Expenses$58K
Total Assets$857K
Grants Given24
Grant Total$285K
Filing Years2020–2024

Sample Grants Given

NC WESLEYAN COLLEGE
ROCKY MOUNT, NC · 2024
EDUCATIONAL
$29,322
NASH COMMUNITY COLLEGE
ROCKY MOUNT, NC · 2024
EDUCATIONAL
$7,500
EDGECOMBE COMMUNITY COLLE
ROCKY MOUNT, NC · 2024
EDUCATIONAL
$7,500
NC WESLEYAN COLLEGE
ROCKY MOUNT, NC · 2023
EDUCATIONAL
$15,000
EDGECOMBE COMMUNITY COLLE
ROCKY MOUNT, NC · 2023
EDUCATIONAL
$8,000

Showing up to 5 of 24 total records — full history available with membership.

Officers & Directors

TRUSTEE John W Lea Jr
TRUSTEE Jow Gravely Iv
TRUSTEE J Winston Lea

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATIONAL
$285,322 24 grants

Financial Trends

Year Revenue Expenses Assets
2024 $91K $58K $857K
2023 $54K $43K $824K
2022 $19K $42K $814K
2021 $72K $47K $837K
2020 $23K $47K $812K

Between 2020 and 2024, reported annual revenue grew from $23K to $91K (+295%), with total assets most recently reported at $857K.

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

Grant Geography

Grants from this foundation were reported to recipients in NC.

NC

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

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