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North Carolina · Nonprofit

Z SMITH REYNOLDS FOUNDATION INC

Z SMITH REYNOLDS FOUNDATION INC (North Carolina) receives grants from 3 organizations whose IRS filings report $84,386,632 to it, the largest being WILLIAM NEAL REYNOLDS RESIDUARY TRUST DTD ($83,386,632). 2 of them have funded it in more than one year.

Revenue FY2024
$25M
Funders on record
3
Grants received
$84M
Net assets
$24M
2/3 repeat funderspeak grant-dependency 61%
01What it does

What Z Smith Reynolds Foundation Inc does

Programs

  1. Grant cycle intermediary support & post-cycle support - in spring of 2018, z. Smith reynolds foundation's trustees approved funds to engage outside consultants to conduct intensive due diligence in communities across nc. The listed expenditures represent costs associated with consultants reviewing collaborative project summaries from potential applicants, helping with certain aspects relating to the design of collaborative problem-solving grantmaking approach, and providing professional development and coaching for zsr staff as it relates to effectively supporting collaborative work in communities.

    $341,055 spent
  2. Inclusive public art initiative - in may 2023, trustees approved a second cohort of the inclusive public art (ipa) initiative. A project coordinator was engaged to assist with this effort. The listed expenditures represent costs for the project coordinator.

    $136,207 spent
  3. Sabbatical program - in 1990, with prior approval from the irs, the foundation established a sabbatical program for individuals in paid full-time leadership positions who have served their north carolina nonprofit organization for at least three years. The sabbaticals were established to provide an incentive to leaders of charitable organizations to continue their charitable work, and to improve and enhance their leadership capacity, skills, and talents. Each recipient is awarded $30,000 and each recipient's organization is awarded $10,000. Awards are made on a bi-annual basis.

    $14,468 spent
  4. Non-profit internship program (npip) - in 2010, the foundation established a paid internship program. Through this program, up to 20 low-income college students are matched with current or former z. Smith reynolds foundation, inc. Grantees for a full-time summer internship lasting at least eight weeks. The listed expenditures represent costs associated with administering the program.

    $11,061 spent

The 4 programs described on its FY2023 Form 990-PF.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($24M) Expenses 100 ($24M) Net assets 100 ($24M)2021 Revenue 99 ($24M) Expenses 99 ($23M) Net assets 102 ($24M)2022 Revenue 116 ($28M) Expenses 102 ($24M) Net assets 118 ($28M)2023 Revenue 105 ($25M) Expenses 121 ($28M) Net assets 105 ($25M)2024 Revenue 105 ($25M) Expenses 114 ($27M) Net assets 99 ($24M)
20202021202220232024
Revenue (105)Expenses (114)Net assets (99)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $24M to $28M (+16%).

$24M
$24M
$28M
$25M
$24M
20202021202220232024
Total assetsTotal liabilities

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20202021202220232024
Listed1917172017
Joined·+0+0+3+2
No longer listed·2005
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $11M → $15M.

Left out of every figure on this page: $80M from one payer (an institutional transfer, not a grant programme, largest Zachary Smith Reynolds Trust). These are real filings, and they are not money Z SMITH REYNOLDS FOUNDATION INC raised.

From the IRS filings of Z SMITH REYNOLDS FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Z SMITH REYNOLDS FOUNDATION INC leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2020 100% · 2021 99% · 2022 99% · 2023 97% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Z SMITH REYNOLDS FOUNDATION INC draws 100% of its grant income from funders outside North Carolina, across 3 states in all.

IL
NY
DC

In-state vs out-of-state, by year

’17
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Z SMITH REYNOLDS FOUNDATION INC's funding base is broadening — from 1 funders to 2 as grant income climbed.

Months of reserve0.3mo · bottom quartile
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 828 philanthropy nonprofits $10M–$100M, FY2024

Organizations like Z SMITH REYNOLDS FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for Z SMITH REYNOLDS FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Z SMITH REYNOLDS FOUNDATION INC?
Z SMITH REYNOLDS FOUNDATION INC (North Carolina) receives grants from 3 organizations whose IRS filings report $84,386,632 to it, the largest being WILLIAM NEAL REYNOLDS RESIDUARY TRUST DTD ($83,386,632). 2 of them have funded it in more than one year.
How many funders does Z SMITH REYNOLDS FOUNDATION INC have?
IRS filings report 3 organizations giving $84,386,632 in grants to Z SMITH REYNOLDS FOUNDATION INC, 2 of which have funded it in more than one year.
Who is the largest funder of Z SMITH REYNOLDS FOUNDATION INC?
WILLIAM NEAL REYNOLDS RESIDUARY TRUST DTD is the largest funder on record, with $83,386,632 in grants. The full list of funders is on this page.
How can an organization like Z SMITH REYNOLDS FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing