Nonprofit · EIN 27-0237197
BELK FOUNDATION
Tax-exempt · CHARLOTTE, NC 28211
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990-PF | $2,714,612 | $2,787,552 | -$72,940 | $42,854,030 | $11,907 | $42,842,123 |
| May 31, 2024 | 990-PF (amended) | -$2,631,563 | $2,535,845 | -$5,167,408 | $42,914,986 | $223 | $42,914,763 |
| May 31, 2023 | 990-PF | $1,516,079 | $2,886,918 | -$1,370,839 | $48,083,192 | $1,146 | $48,082,046 |
Financial details: 990-PF for the year ended May 31, 2025
Revenue
- Dividends
- $500,905
- Interest
- $25,718
- Net gain from sales of assets
- $2,187,989
Expenses
- Grants and similar amounts paid
- $2,105,024
- Compensation of officers, directors and key employees
- $177,902
- Salaries, compensation and benefits (total)
- $112,673
- Disbursements for charitable purposes
- $2,515,313
- Excise tax on investment income
- $52,954
Balance sheet and other
- Total assets, start of year
- $42,914,986
- Total assets, end of year
- $42,854,030
- Total liabilities, end of year
- $11,907
- Net assets, end of year
- $42,842,123
- Fair market value of assets
- $55,362,493
- Qualifying distributions
- $2,515,313
- Net investment income
- $4,200,640
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEVELYN D BONNER-REED 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | EXECUTIVE DIRECTOR | 40 | $172,720 | $5,181 |
| AMY JACKSON 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | PROGRAM OFFICER Highest-paid employee | 30 | $65,317 | $1,960 |
| JOHN R BELK 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | CHAIR, BOARD OF DIRECTORS | 10 | $0 | $0 |
| THOMAS M BELK JR 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | VICE CHAIR, BOARD OF DIRECTORS | 1 | $0 | $0 |
| JAMES WILLIAMS 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | TREASURER AND SECRETARY, BOARD OF DIR. | 1 | $0 | $0 |
| ROBERT BELK 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| MARY CLAUDIA BELK PILON 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| CARMEN CONCEPCION 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| ANNA ELLIOTT 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| MARY MACK 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| KATHERINE B MORRIS 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| BRANDY NELSON 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| REBECCA TANNER 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
990-PF for the year ended May 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEVELYN D BONNER-REED 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | EXECUTIVE DIRECTOR | 40 | $171,204 | $5,136 |
| KATHRYN JAMES 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | GRANTS MANAGER Highest-paid employee | 40 | $66,206 | $1,986 |
| JOHN R BELK 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | CHAIR, BOARD OF DIRECTORS | 10 | $0 | $0 |
| THOMAS M BELK JR 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | VICE CHAIR, TREASURER | 1 | $0 | $0 |
| JAMES WILLIAMS 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | SECRETARY, BOARD OF DIRECTORS | 1 | $0 | $0 |
| ROBERT BELK 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| MARY CLAUDIA BELK PILON 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| ANN CLARK 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| KATHERINE B MORRIS 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| ALISON WELCHER 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| BRANDY NELSON 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
990-PF for the year ended May 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEVELYN D BONNER-REED 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | EXECUTIVE DIRECTOR (AS OF 08/2022) | 40 | $136,919 | $4,108 |
| JOHANNA EDENS ANDERSON 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | EXECUTIVE DIRECTOR (THRU 05/2022) | 40 | $4,727 | $142 |
| KATHERINE B MORRIS 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| JOHN R BELK 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | CHAIR, BOARD OF DIRECTORS | 10 | $0 | $0 |
| THOMAS M BELK JR 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | VICE CHAIR, TREASURER | 1 | $0 | $0 |
| ANTHONY FOX 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | SECRETARY, BOARD OF DIRECTORS | 1 | $0 | $0 |
| ANN CLARK 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| MARY CLAUDIA BELK PILON 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| ALISON WELCHER 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| JIM WILLIAMS 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| ANNA ELLIOTT 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
| KATHERINE BELK 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211 | MEMBER, BOARD OF DIRECTORS | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6832 CARNEGIE BLVD STE 100, CHARLOTTE, NC 28211-0034
- In care of
- % JOHANNA EDENS ANDERSON
- Signed the 990-PF
- JEVELYN BONNER-REED, EXECUTIVE DIRECTOR
- Phone
- (248) 935-3186
- Return prepared by
- GRANT THORNTON ADVISORS LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990-PF on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990-PF on file |
IRS record
- EIN
- 27-0237197
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2009
- Accounting year ends
- May
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $42,854,030
- Income (IRS master file)
- $3,750,505
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | May 2025 | $2,714,612 | $2,787,552 | $42,854,030 | XML |
| 990-T | May 2025 | – | – | – | IRS |
| 990-PF | May 2024 | -$2,631,563 | $2,557,275 | $42,914,986 | XML |
| 990-T | May 2024 | – | – | – | IRS |
| 990-PF | May 2023 | $1,516,079 | $2,886,918 | $48,083,192 | XML |
| 990-T | May 2023 | – | – | – | IRS |
| 990-PF | May 2022 | – | – | – | IRS |
| 990-T | May 2022 | – | – | – | IRS |
| 990-PF | May 2021 | – | – | – | IRS |
| 990-T | May 2021 | – | – | – | IRS |
| 990-PF | May 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0237197).
Questions about BELK FOUNDATION
- What is the EIN of BELK FOUNDATION?
- The employer identification number (EIN) of BELK FOUNDATION is 27-0237197.
- Is BELK FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to BELK FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BELK FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BELK FOUNDATION due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BELK FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended May 2025.
- Who are the officers and directors of BELK FOUNDATION?
- The 990-PF for the year ended May 31, 2025 lists 13 people; 2 received compensation from the organization, the highest $172,720 (JEVELYN D BONNER-REED, EXECUTIVE DIRECTOR).
- How much revenue does BELK FOUNDATION have?
- On its 990-PF for the year ended May 31, 2025 it reported revenue of $2,714,612, expenses of $2,787,552 and total assets of $42,854,030 at year end.
Other nonprofits in CHARLOTTE
- FOUNDATION FOR THE CAROLINAS EIN 56-6047886 · last filed 990 for 2024
- BANK OF AMERICA CHARITABLE FOUNDATION INC EIN 20-0721133 · last filed 990-PF for 2024
- GIVECLEAR FOUNDATION EIN 81-3222963 · last filed 990 for 2024
- C D SPANGLER FOUNDATION INC EIN 56-6061548 · last filed 990-PF for 2025
- BISSELL BALLANTYNE LEGACY FDN EIN 92-2863751 · last filed 990-PF for 2023
- JOHN M BELK ENDOWMENT EIN 56-1954114 · last filed 990-PF for 2024
- THE EZRAH CHARITABLE TRUST EIN 81-2608588 · last filed 990-PF for 2024
- NORTH CAROLINA OLYMPIC LEGACY FOUN EIN 46-1113072 · last filed 990-PF for 2024
All nonprofits in CHARLOTTE · North Carolina · Philanthropy, voluntarism and grantmaking foundations