Private Foundation

GRAVELY FOUNDATION INC

GRAVELY FOUNDATION INC, of ROCKY MOUNT, NC, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $97K in revenue, $65K in expenses, $888K in total assets. IRS filings disclose 27 grants awarded by this foundation, totaling roughly $335K.

EIN: 566044106 ROCKY MOUNT, NC Latest filing: 2025

Total Revenue$97K

Total Expenses$65K

Total Assets$888K

Grants Given27

Grant Total$335K

Filing Years2021–2025

Sample Grants Given

NC WESLEYAN COLLEGE

ROCKY MOUNT, NC · 2025

EDUCATIONAL

$35,000

EDGECOMBE COMMUNITY COLLE

ROCKY MOUNT, NC · 2025

EDUCATIONAL

$7,500

NASH COMMUNITY COLLEGE

ROCKY MOUNT, NC · 2025

EDUCATIONAL

$7,500

NC WESLEYAN COLLEGE

ROCKY MOUNT, NC · 2024

EDUCATIONAL

$29,322

NASH COMMUNITY COLLEGE

ROCKY MOUNT, NC · 2024

EDUCATIONAL

$7,500

Showing up to 5 of 27 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

$335,322 27 grants

Financial Trends

Year	Revenue	Expenses	Assets
2025	$97K	$65K	$888K
2024	$91K	$58K	$857K
2023	$54K	$43K	$824K
2022	$19K	$42K	$814K
2021	$72K	$47K	$837K

Between 2021 and 2025, reported annual revenue grew from $72K to $97K (+36%), with total assets most recently reported at $888K.

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

Grant Geography

Grants from this foundation were reported to recipients in NC.

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

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