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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 56-6044106

GRAVELY FOUNDATION INC

Tax-exempt · ROCKY MOUNT, NC 27804

Financials

$54K$43K2023$91K$58K2024$97K$65K2025
Revenue Expenses · by fiscal year end
Financials of GRAVELY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$97,120$65,498$31,622$888,493$0$888,493
December 31, 2024990-PF$90,663$58,210$32,453$856,871$0$856,871
December 31, 2023990-PF$53,561$42,885$10,676$824,418$0$824,418
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$24,098
Net gain from sales of assets
$73,022

Expenses

Grants and similar amounts paid
$50,000
Disbursements for charitable purposes
$52,720
Excise tax on investment income
$1,200

Balance sheet and other

Total assets, start of year
$856,871
Total assets, end of year
$888,493
Total liabilities, end of year
$0
Net assets, end of year
$888,493
Fair market value of assets
$1,123,552
Qualifying distributions
$52,720
Net investment income
$97,120

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
J WINSTON LEA
512 EVERGREEN ROAD, ROCKY MOUNT, NC 27803
TRUSTEE0$0
JOW GRAVELY IV
6612 THREE CHOPT ROAD, RICHMOND, VA 23226
TRUSTEE0$0
JOHN W LEA JR
1175 JEFFREYS ROAD, ROCKY MOUNT, NC 27802
TRUSTEE0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
J WINSTON LEA
512 EVERGREEN ROAD, ROCKY MOUNT, NC 27803
TRUSTEE0$0
JOW GRAVELY IV
6612 THREE CHOPT ROAD, RICHMOND, VA 23226
TRUSTEE0$0
JOHN W LEA JR
1175 JEFFREYS ROAD, ROCKY MOUNT, NC 27802
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
J WINSTON LEA
512 EVERGREEN ROAD, ROCKY MOUNT, NC 27803
TRUSTEE0$0
JOW GRAVELY IV
6612 THREE CHOPT ROAD, RICHMOND, VA 23226
TRUSTEE0$0
JOHN W LEA JR
1175 JEFFREYS ROAD, ROCKY MOUNT, NC 27802
TRUSTEE0$0

Address and contacts

Address (IRS master file)
PO BOX 8243, ROCKY MOUNT, NC 27804-1243
Signed the 990-PF
J WINSTON LEA, TRUSTEE
Phone
(252) 446-0111
Return prepared by
PATE HORTON & ESS PA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
56-6044106
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
1949
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$888,493
Income (IRS master file)
$506,722

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$97,120$65,498$888,493XML
990-PFDecember 2024$90,663$58,210$856,871XML
990-PFDecember 2023$53,561$42,885$824,418XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––IRS
990-PFDecember 2018–––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 56-6044106).

Questions about GRAVELY FOUNDATION INC

What is the EIN of GRAVELY FOUNDATION INC?
The employer identification number (EIN) of GRAVELY FOUNDATION INC is 56-6044106.
Is GRAVELY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1949.
Are donations to GRAVELY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GRAVELY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of GRAVELY FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GRAVELY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of GRAVELY FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does GRAVELY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $97,120, expenses of $65,498 and total assets of $888,493 at year end.

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