GrantAuthority

Bill & Peggy Britt Foundation Inc

Grantmaking foundation in Chapel Hill, North Carolina · EIN 88-1729194

Grants itemized on the 990
$25MTax year 2025
Grants made
7Tax year 2025
Total assets
$57MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

THE FOUNDATION WAS ORGANIZED AND IS OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES WITH IN THE MEANING OF INTERNAL REVENUE CODE SECTION 501(C)(3), INCLUDING THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER THE CODE 501(C)(3). IT WILL OPERATE AS A PRIVATE NON-OPERATING FOUNDATION THAT AWARDS GRANTS AS DEFINED IN TREAS. REG. SECTION 53.4945-4(A)(2) TO OTHER CHARITABLE ORGANIZATIONS RECOGNIZED AS EXEMPT FROM TAXATION UNDER CODE SECTION 501(C)(3), AND MORE SPECIFICALLY, TO SUCH ORGANIZATIONS WITH INNOVATIVE IDEAS FOR ACHIEVING THEIR EXEMPT PURPOSES. ALL GRANTS THAT WILL BE AWARDED WILL FURTHER THE FOUNDATION'S EXEMPT PURPOSE AS A CHARITABLE GRANT-MAKING ORGANIZATION.

Quoted from the foundation's IRS filing.

Giving by year

$5M2022
$2M2023
$3M2024
$25M2025

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Hayes Barton Baptist Church$5M2025
Samaritan'S Purse$5M2025
St Jude Children'S Research Hospita$5M2025
William Peace University$5M2025
Spca of Wake County$2M2025

Amounts are rounded. The full grantee list (7 grants in 2025) is available with a free account.

Website: billinc.com

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Similar foundations in North Carolina

Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.