Private foundation (trust)EIN 561954114Est. 1996-03
John M Belk Endowment
Charlotte, NC 28209
Total Assets
$415.8M
FY 2024
Annual Giving
$14.7M
FY 2024
Grants Made
86
FY 2024
Avg Grant
$171K
FY 2024
Grant Range
$5K–$2.9M
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$828KIn 2024, the John M. Belk Endowment joined other organizations in leading the "NC Reconnect" effort, focused on engaging adults in North Carolina who have not completed a post-secondary credential and connecting them to educational pathways at their local community colleges that lead to improved career opportunities. In addition to making grants to community colleges in the respective cohorts, the Endowment covered the cost of communications and marketing services essential to the initiative's success.
Focus Areas
Financial Snapshot
2024 filing
Total Revenue
$39.5M
Total Expenses
$23.1M
Qualifying Distributions
$18.7M
Distributable Amount
$19.9M
Min. Investment Return
$20.4M
Undistributed Income
$19.8M
Payout rate
Qualifying distributions as a share of distributable amount.
Grant Range
86 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
4 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
160 grants
Grant Size Distribution
160 grants
Geographic Focus
7 states
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