Mission
TO PROMOTE AND DEVELOP EDUCATION IN THE INSURANCE INDUSTRY.
Public Charity
IIANC EDUCATION FOUNDATION
IIANC EDUCATION FOUNDATION is a Public Charity headquartered in CARY, NC. Financial data from the 2025 filing: $179K revenue, $1.3M expenses, $1.9M total assets. IRS filings disclose 33 grants awarded by this foundation, totaling roughly $4.6M.
EIN: 581311077
CARY, NC
Single Organization Support
NTEE: B11
Latest filing: 2025
Total Revenue$179K
Total Expenses$1.3M
Total Assets$1.9M
Grants Given33
Grant Total$4.6M
Filing Years2021–2025
Where $100 goes at Iianc Education Foundation
How Iianc Education Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
To provide insurance industry related grants and scholarships
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Before you apply to Iianc Education Foundation
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Sample Grants Given
SCHOLARSHIPS AND INSURANCE EDUCATION EVENTS.
$1,198,246
TRAVEL EXPENSE REIMBURSEMENT AND STUDENT PROFESSIONAL DEVELOPMENT.
$54,700
THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE
TRAVEL EXPENSE REIMBURSEMENT AND STUDENT PROFESSIONAL DEVELOPMENT.
$42,900
REIMBURSEMENT FOR TRAVEL EXPENSES TO INSURANCE CONFERENCES.
$36,550
SCHOLARSHIPS AND INSURANCE EDUCATION EVENTS.
$830,343
Showing up to 5 of 33 total records — full history available with membership.
Officers & Directors
CHIEF EXECUTIVE OFFICER-II
Aubie Knight
CHIEF FINANCIAL OFFICER-II
Brad Faulkner
CHAIR
Jessica Medlin
MEMBER
Justin Litaker
VICE CHAIR
Laura Falanga
SECRETARY/TREASURER
Michael Betters
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $179K | $1.3M | $1.9M |
| 2024 | $1.3M | $943K | $3.0M |
| 2023 | $1.4M | $638K | $2.6M |
| 2022 | $750K | $561K | $1.8M |
| 2021 | $800K | $215K | $1.7M |
Between 2021 and 2025, reported annual revenue declined from $800K to $179K (-78%), with total assets most recently reported at $1.9M.
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.