Private Foundation

DR MICHAEL & SOPHIA YARBOROUGH FOUNDATION INC

DR MICHAEL & SOPHIA YARBOROUGH FOUNDATION INC, of RALEIGH, NC, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $117K in revenue, $108K in expenses, $654K in total assets. IRS filings disclose 48 grants awarded by this foundation, totaling roughly $930K.

EIN: 830491533 RALEIGH, NC Latest filing: 2024
Total Revenue$117K
Total Expenses$108K
Total Assets$654K
Grants Given48
Grant Total$930K
Filing Years2020–2024

Sample Grants Given

MAYO CLINIC FOUNDATION
ROCHESTER, MN · 2024
CONTINUED FINANCIAL SUPPORT
$50,000
BEST FRIENDS ANIMAL SOCIETY
KANAB, UT · 2024
FINANCIAL SUPPORT
$20,000
FOOD BANK OF EASTERN NC
RALEIGH, NC · 2024
FINANCIAL SUPPORT
$10,000
FIRST PRESBYTERIAN CHURCH
RALEIGH, NC · 2024
CONTINUED FINANCIAL SUPPORT
$10,000
THE HILL CENTER
DURHAM, NC · 2023
CONTINUED FINANCIAL SUPPORT
$80,000

Showing up to 5 of 48 total records — full history available with membership.

Officers & Directors

VICE PRESIDENT/SECY/TREASU Ben M Yarborough
CHAIRMAN/PRESIDENT Dr Michael F Yarborough

Officer compensation and complete director data available with membership.

Top Grant Purposes

CONTINUED FINANCIAL SUPPORT
$762,500 23 grants
FINANCIAL SUPPORT
$167,890 25 grants

Financial Trends

Year Revenue Expenses Assets
2024 $117K $108K $654K
2023 $81K $174K $648K
2022 $100K $121K $740K
2021 $221K $113K $763K
2020 $187K $104K $705K

Between 2020 and 2024, reported annual revenue declined from $187K to $117K (-37%), with total assets most recently reported at $654K.

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

Grant Geography

Grants from this foundation were reported to recipients in CO, MN, NC, SC, TX, UT.

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

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