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North Carolina · Private foundation

The Morehead-Cain Foundation

Its FY2024 filing reports that it accepted unsolicited grant applications.

$14M
Granted FY2024(still arriving)
409
Grants FY2024
361
Organizations funded FY2023
20%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$28,200
Largest grant, FY2024
$3,489,800
Organizations funded a year
361 to 384
FY2021 to FY2023
States reached, FY2024
1
Total assets, FY2024
$225M
Applications
Takes unsolicited applications
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 20% of the organizations The Morehead-Cain Foundation funded were first-time grantees, receiving 7% of its grant dollars.

New vs renewed · share of each year

In FY2023, 93% of grant dollars renewed an existing relationship; $841k went to new ones.

50%100%’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’22’23
Human ServicesEducationReligionOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving409$14M22%
FY2023361$13M20%
FY2022384$12M90%
FY2021376$9.9Mn/a
99% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2024.

Education$48MHuman Services$541kFood & Nutrition$9kEmployment$5kHealth$5kArts & Culture$4kHousing & Shelter$4kPhilanthropy$4kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

WA
MT
CO
VA
NM
TN
NC
SC

Top grantees

Largest recipients by total granted, FY2021 to FY2024, and the share of each one’s budget the grants supplied at peak.

Show all 18 grantees
All grantees of The Morehead-Cain Foundation by total granted
GranteeTotal grantedYearsShare of their budget
The Educational Foundation Inc$11,00030%
Turn90$5,00010%
Let's Innovate Through Education Dba Lit$5,00011%
La Raza Services Inc$5,00010%
Mid-South Food Bank$4,00010%
Three Sisters Kitchen$4,00010%
All Nations Health Center Inc$4,00010%
Girl Stance$4,0001n/a
Asheville Area Habitat for Humanity Inc$4,00010%
Black History Museum & Clt Ctr$4,00010%
Happy Roots Inc$2,50011%
Downtown Salisbury Inc$2,50011%
Wheels4hope$50010%
Table Ministries Inc$50010%
Code the Dream Inc$50010%
Unc Health Foundation Inc$50010%
Empowerment Inc$50010%
Southern Dharma Retreat Center$50010%

Plus 864 recipients with no EIN on record ($49M), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget The Morehead-Cain Foundation supplied at peak.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetThe Educational Foundation Inc: $11,000 over 3y, 0.0% of budgetTurn90: $5,000 over 1y, 0.2% of budgetLet's Innovate Through Education Dba Lit: $5,000 over 1y, 0.8% of budgetLa Raza Services Inc: $5,000 over 1y, 0.1% of budgetMid-South Food Bank: $4,000 over 1y, 0.0% of budgetThree Sisters Kitchen: $4,000 over 1y, 0.3% of budgetAll Nations Health Center Inc: $4,000 over 1y, 0.1% of budgetAsheville Area Habitat for Humanity Inc: $4,000 over 1y, 0.1% of budgetBlack History Museum & Clt Ctr: $4,000 over 1y, 0.2% of budgetHappy Roots Inc: $2,500 over 1y, 1.2% of budgetDowntown Salisbury Inc: $2,500 over 1y, 1.3% of budgetWheels4hope: $500 over 1y, 0.0% of budgetTable Ministries Inc: $500 over 1y, 0.0% of budgetCode the Dream Inc: $500 over 1y, 0.0% of budgetUnc Health Foundation Inc: $500 over 1y, 0.0% of budgetEmpowerment Inc: $500 over 1y, 0.0% of budgetSouthern Dharma Retreat Center: $500 over 1y, 0.1% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 17.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Truist Foundation IncFL14.8× affinity5 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Truist Foundation Inc · Triangle Community Foundation Inc · Dominion Energy Charitable Foundation · Duke Energy Foundation · The Bank of America Charitable Foundation Inc · Vanguard Charitable Endowment Program · Paypal Charitable Giving Fund · Network for Good · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare The Morehead-Cain Foundation with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to The Morehead-Cain Foundation?

Find your warmest path to The Morehead-Cain Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About The Morehead-Cain Foundation

How much does The Morehead-Cain Foundation give?
The Morehead-Cain Foundation reported 409 grants totaling $13,846,637 in its FY2024 IRS filing. It funded between 361 and 384 organizations a year over FY2021 to FY2023.
What does The Morehead-Cain Foundation fund?
By grant dollars over FY2021 to FY2024, its largest causes are Education (99%), Human Services (1%), Food & Nutrition (0%).
Who are The Morehead-Cain Foundation's largest grantees?
By total granted over FY2021 to FY2024: The Educational Foundation Inc ($11k), Turn90 ($5k), Let's Innovate Through Education Dba Lit ($5k).
Does The Morehead-Cain Foundation fund new organizations?
In FY2023, 20% of the organizations it funded were first-time grantees.
Does The Morehead-Cain Foundation accept unsolicited applications?
Its most recent filing reports that it accepts unsolicited grant applications.
Which funders back the same organizations as The Morehead-Cain Foundation?
Its strongest co-funders, measured against what their size predicts, include Truist Foundation Inc, Triangle Community Foundation Inc, Dominion Energy Charitable Foundation.
Where is The Morehead-Cain Foundation based?
The Morehead-Cain Foundation is based in NC.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 882 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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