Nonprofit · EIN 88-1729194
BILL & PEGGY BRITT FOUNDATION INC
Tax-exempt · CHAPEL HILL, NC 27517
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $80,857,413 | $25,122,055 | $55,735,358 | $56,550,174 | $0 | $56,550,174 |
| December 31, 2024 | 990-PF | $3,011,583 | $3,004,029 | $7,554 | $279,108 | $0 | $279,108 |
| December 31, 2023 | 990-PF | $2,009,976 | $2,006,659 | $3,317 | $271,554 | $0 | $271,554 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $80,620,000
- Interest
- $237,413
Expenses
- Grants and similar amounts paid
- $25,020,000
- Disbursements for charitable purposes
- $25,020,000
- Excise tax on investment income
- $3,300
Balance sheet and other
- Total assets, start of year
- $279,108
- Total assets, end of year
- $56,550,174
- Total liabilities, end of year
- $0
- Net assets, end of year
- $56,550,174
- Fair market value of assets
- $56,550,174
- Qualifying distributions
- $25,020,000
- Net investment income
- $237,413
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOM W COX 3121 BROOKSTONE DR, BURLINGTON, NC 27215 | Secretary | 0 | $0 |
| JEAN E BRITT 303 CIRCLE PARK PL, CHAPEL HILL, NC 27517 | Vice President | 0 | $0 |
| J WILLIAM BLUE JR 1414 RALEIGH RD STE 435, CHAPEL HILL, NC 27517 | President | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| G BRYANT GARNER 812 KENMORE ROAD, CHAPEL HILL, NC 27514 | President | 0 | $0 |
| JEAN E BRITT 812 KENMORE ROAD, CHAPEL HILL, NC 27514 | Secretary | 0 | $0 |
| J WILLIAM BLUE JR 812 KENMORE ROAD, CHAPEL HILL, NC 27514 | Vice President | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| G BRYANT GARNER 812 KENMORE ROAD, CHAPEL HILL, NC 27514 | President | 0 | $0 |
| JEAN E BRITT 812 KENMORE ROAD, CHAPEL HILL, NC 27514 | Secretary | 0 | $0 |
| J WILLIAM BLUE JR 812 KENMORE ROAD, CHAPEL HILL, NC 27514 | Vice President | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1414 RALEIGH RD STE 435, CHAPEL HILL, NC 27517-8834
- Signed the 990-PF
- J WILLIAM BLUE JR, President
- Phone
- (919) 968-4441
- Return prepared by
- Underwood & Roberts PLLC
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 88-1729194
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $56,550,174
- Income (IRS master file)
- $80,857,413
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $80,857,413 | $25,122,055 | $56,550,174 | XML |
| 990-PF | December 2024 | $3,011,583 | $3,004,029 | $279,108 | IRS |
| 990-PF | December 2023 | $2,009,976 | $2,006,659 | $271,554 | XML |
| 990-PF | December 2022 | – | – | – | 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 88-1729194).
Questions about BILL & PEGGY BRITT FOUNDATION INC
- What is the EIN of BILL & PEGGY BRITT FOUNDATION INC?
- The employer identification number (EIN) of BILL & PEGGY BRITT FOUNDATION INC is 88-1729194.
- Is BILL & PEGGY BRITT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to BILL & PEGGY BRITT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BILL & PEGGY BRITT FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BILL & PEGGY BRITT 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 BILL & PEGGY BRITT 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 BILL & PEGGY BRITT 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 BILL & PEGGY BRITT FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $80,857,413, expenses of $25,122,055 and total assets of $56,550,174 at year end.
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