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Filing year 2024

BAILEY ENDOWMENT INC

Raleigh, North Carolina·EIN 56-1802700·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$196k
Total assets
$3.2M
Total expenses
$205k
Reported officers
6

Reported officers (all unpaid)

No paid executives reported in 2024. BAILEY ENDOWMENT INC reported 6 unpaid officers and board members on its 990-PF.

President
Secretary/tr
Director
Director
Director
VP

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$155k

Itemized grants

30

Median grant

$3k

RecipientLocationPurposeAmount
NCSU STUDENT AID ASSOCIATIONRALEIGH, NCOPERATIONAL SUPPORT$25k
SHOPSPACERALEIGH, NCOPERATIONAL SUPPORT$15k
ARTS NC STATERALEIGH, NCOPERATIONAL SUPPORT$11k
ASSOCIATION FOR WELFARE OF ANIMALSSHELBY, NCOPERATIONAL SUPPORT$10k
GWU SCHOOL OF DIVINITYBOILING SPRINGS, NCOPERATIONAL SUPPORT$10k
SAMARITANS PURSEBOONE, NCOPERATIONAL SUPPORT$10k
WILDLIFE WELFARERALEIGH, NCOPERATIONAL SUPPORT$8k
MAPLE TEMPLERALEIGH, NCOPERATIONAL SUPPORT$7k
PENLAND SCHOOL OF CRAFTSPENLAND, NCOPERATIONAL SUPPORT$7k
NOAH'S ARK WILDLIFE CENTERSANDY RIDGE, NCOPERATIONAL SUPPORT$7k
BOYS AND GIRLS CLUB OF CLEVELAND COSHELBY, NCOPERATIONAL SUPPORT$5k
BAPTISTS ON MISSIONCARY, NCOPERATIONAL SUPPORT$5k
CAROLINA TIGER RESCUEPITTSBORO, NCOPERATIONAL SUPPORT$5k
CLEVELAND COUNTY ARTS COUNCILSHELBY, NCOPERATIONAL SUPPORT$4k
FOOTHILLS QUILTERS CLUBSHELBY, NCOPERATIONAL SUPPORT$3k
OVERFLOWING HANDSRALEIGH, NCOPERATIONAL SUPPORT$3k
PLANNED PARENTHOOD SOUTH ATLANTICRALEIGH, NCOPERATIONAL SUPPORT$3k
CLEVELAND VOLUNTEER FIRE DEPTSHELBY, NCOPERATIONAL SUPPORT$3k
SALVATION ARMYSHELBY, NCOPERATIONAL SUPPORT$3k
SECOND CHANCE PET ADOPTIONSRALEIGH, NCOPERATIONAL SUPPORT$2k
CAMPBELL UNIVERSITY LAW SCHOOLRALEIGH, NCOPERATIONAL SUPPORT$2k
INTERFAITH FOOD SHUTTLERALEIGH, NCOPERATIONAL SUPPORT$2k
NC WOMENS AFFORD HOUSING NETWORKRALEIGH, NCOPERATIONAL SUPPORT$2k
SOUTH APPALACHIAN HIGHLANDS CONSERVASHEVILLE, NCOPERATIONAL SUPPORT$2k
ALZHEIMER'S ASSOCIATIONCHARLOTTE, NCOPERATIONAL SUPPORT$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

BAILEY ENDOWMENT INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$170k
$184k
2023
$196k
$205k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

BAILEY ENDOWMENT INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in North Carolina earns a median of $42,970.

25th percentile
$10k
Median
$42,970
75th percentile
$100k
90th percentile
$204k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 471 organizations across 471 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for North Carolina
FAQ

Common questions about BAILEY ENDOWMENT INC

What are BAILEY ENDOWMENT INC's revenue and expenses?

In 2024, BAILEY ENDOWMENT INC reported $196k in total revenue and $205k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.