The North Carolina State Capitol in Raleigh behind a flowering crape myrtle

Form 990-PFTax year 2024EIN 27-0237197

The Belk Foundation

A private foundation in Charlotte, NC. Its return for tax year 2024 lists 40 grants and $2.1 million paid in grants.

Tax year 2024 (period ending May 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $2,105,024

    Grants listed
    40
    Assets, end of year
    $42,854,030
  • Tax year 2023

    $1,936,493

    Grants listed
    33
    Assets, end of year
    $42,914,986
  • Tax year 2022

    $2,212,750

    Grants listed
    43
    Assets, end of year
    $48,083,192
  • Tax year 2021

    $2,451,199

    Grants listed
    44
    Assets, end of year
    $49,450,570
  • Tax year 2020

    $2,097,157

    Grants listed
    38
    Assets, end of year
    $47,526,098
  • Tax year 2019

    $1,693,380

    Grants listed
    34
    Assets, end of year
    $48,174,784
  • Tax year 2018

    $2,026,885

    Grants listed
    36
    Assets, end of year
    $52,451,201

Grants paid in 2024

40 grants, largest first

As listed on the return.

  1. Foundation for the CarolinasCharlotte, NC

    General operating support for read charlotte, a community initiative to improve early literacy in charlotte-mecklenburg.

    $150,000
  2. CMS Foundation (NBCT & TLP)Charlotte, NC

    Program support to increase the number of national board certified teachers and revamp the teacher leader pathway professional development curriculum.

    $125,000
  3. Foundation of the University of North Carolina Charlotte (tutoring)Charlotte, NC

    Program support for teacher candidates to have a high quality clinical experience by tutoring k-5 grade CMS students in foundational reading.

    $122,439
  4. East Carolina University Foundation IncGreenville, NC

    Program support for a 4-year study exploring the impact of burnout and how it can be mitigated for preservice and early career teachers.

    $120,462
  5. Heart Math Tutoring IncCharlotte, NC

    General operating support to help elementary school students build critical foundational math skills and academic confidence.

    $100,000
  6. Teach for America IncNew York, NY

    Program support for recruiting, training, and developing impact-driven teachers and leaders. Teach for america supports first- and second-year teachers who teach some of the most vulnerable students in highest need classrooms.

    $100,000
  7. International House of Metrolina IncCharlotte, NC

    Program support for multi-language learners to receive literacy tutoring after school and during the summer months.

    $80,000
  8. YMCA of Greater CharlotteCharlotte, NC

    Program support for y readers year-round programming to accelerate literacy growth for kindergarten through third grade students in CMS.

    $75,000
  9. University of North Carolina at CharlotteCharlotte, NC

    Program support to provide educational programming and integrated clinical experiences for teacher candidates to create the first ever inclusive education minor in north carolina.

    $72,018
  10. National Black Child Development Institute-CarolinasCharlotte, NC

    Program support for the family empowerment program to build the capacity of parents and caregivers.

    $68,000
  11. Urbanpromise CharlotteCharlotte, NC

    General operating support for a year-round program for low-income students that provides out-of-school-time academic and spiritual development.

    $65,000
  12. Communities in Schools of Charlotte-Mecklenburg IncCharlotte, NC

    Program support for an expanded elementary footprint and enhanced programming to provide mecklenburg county students with a strong foundation for academic success.

    $60,000
  13. Augustine Literacy Project-CharlotteCharlotte, NC

    General operating support to provide intensive tutoring to aspiring 1st - 3rd grade readers who are behind in reading.

    $50,000
  14. CMS Foundation (teacher Innovation)Charlotte, NC

    Program support for coaching and project planning for schools and teacher-led teams participating in the CMS foundation innovation center.

    $50,000
  15. CMS Foundation (teacher Residency)Charlotte, NC

    Program support for the CMS teaching residency, with a goal of increasing the licensing of non-traditional teachers.

    $50,000
  16. Freedom School Partners IncCharlotte, NC

    Program support for the freedom school summer program to stop learning loss and create passionate readers.

    $50,000
  17. Latinx Education CenterSiler City, NC

    General operating support for latinxed to work with current and future educators by building a network through their community of practice and coaching support.

    $50,000
  18. National Council on Teacher QualityWashington, DC

    Program support to advance elementary literacy and teacher diversity in north carolina through stakeholder engagement and policy improvement.

    $50,000
  19. North Carolina Business Leaders for EducationCary, NC

    Program support for the continued advocacy for reform of teacher compensation, licensure, and development.

    $50,000
  20. North Carolina Education CorpsWake Forest, NC

    Program support for a high-impact k-3 literacy tutoring partnership with watauga county schools.

    $50,000
  21. Ourbridge IncCharlotte, NC

    General operating support for an afterschool program with a focus on literacy for children from title i CMS schools.

    $50,000
  22. American Institutes for Research in the Behavioral SciencesArlington, VA

    Program support for the dissemination across NC of a research-practice partnership examining the academic recovery of students through tutoring and summer school programs in guilford county schools and more than 10 other urban districts.

    $49,605
  23. North Carolina Business Leaders for EducationCary, NC

    General operating support for transforming north carolina education through state policy and advocacy.

    $45,000
  24. KIPP North Carolina Public Schools IncDurham, NC

    Program support for launching KIPP NC teacher u, the first educator preparation program approved by the state of north carolina at a public charter school.

    $40,000
  25. NC Alliance for School Leadership DevelopmentRaleigh, NC

    Program support to create and implement the early career principals academy, a statewide leadership development initiative for early-career public school principals.

    $35,000
  26. Queens University of CharlotteCharlotte, NC

    Program support for queens school executive leadership academy (sela), a program that prepares new school leaders and principals.

    $35,000
  27. EducationncRaleigh, NC

    General operating support for ednc to report on policy makers and levers influencing systems change in education.

    $30,000
  28. Charlotte Speech and Hearing Center IncCharlotte, NC

    Program support for clinicians to provide individualized support to emerging readers in K-3RD grades to build vocabulary and language expression.

    $27,500
  29. Appalachian State University Foundation IncBoone, NC

    Program support for clinical interns and early field experience interns impacted by hurricane helene.

    $25,000
  30. Augustine Literacy Project-CharlotteCharlotte, NC

    Program support for expanded curriculum that will include new lessons designed to meet the needs of multilingual learners.

    $25,000
  31. Center for Racial Equity in EducationCharlotte, NC

    Program support for professional development programs that build capacity, knowledge, and support to increase teacher retention.

    $25,000
  32. Foundation of the University of North Carolina Charlotte (student Teachers)Charlotte, NC

    Strengthening teachers and leaders: program support for professional development and networking opportunities for teacher candidates participating in the mentor program.

    $25,000
  33. MyfuturencRaleigh, NC

    General operating support for myfuturenc to ensure 2 million north carolinians have a high-quality credential or postsecondary degree by 2030.

    $25,000
  34. Profound Ladies IncRaleigh, NC

    General operating support to increase the retention, effectiveness, and leadership of women educators of color through mentorship, professional development, and wellness support.

    $25,000
  35. Public School Forum of North Carolina IncCary, NC

    Program support for the drive initiative to strengthen teaching and leadership via regional collaboration on staffing for a diverse educator workforce.

    $25,000
  36. University of North Carolina System OfficeRaleigh, NC

    Program support for building and facilitating a regional coaching model to support the leadership development of lab school principals statewide.

    $25,000
  37. Watauga Education Foundation IncBoone, NC

    Program support for watauga county schools to expand its summer literacy camp, addressing learning loss caused by hurricane helene for children in k-3 grades.

    $25,000
  38. NC Alliance for School Leadership DevelopmentRaleigh, NC

    Program support for the assistant principal leadership accelerator program.

    $20,000
  39. CMS Foundation (general Operating)Charlotte, NC

    General operating support for educational programs; a board/committee recognition grant.

    $5,000
  40. National Alumnae Association of Spelman CollegeAtlanta, GA

    Scholarships to local graduates matriculating to spelman college; a board/committee recognition grant.

    $5,000

Approved for future payment

13 grants

Approved in 2024 and not yet paid.

  1. Foundation for the CarolinasCharlotte, NC

    General operating support for read charlotte, a community initiative to improve early literacy in charlotte-mecklenburg.

    $150,000
  2. Foundation of the University of North Carolina Charlotte (tutoring)Charlotte, NC

    Program support for teacher candidates to have a high quality clinical experience by tutoring k-5 grade CMS students in foundational reading.

    $133,569
  3. East Carolina University Foundation IncGreenville, NC

    Program support for a 4-year study exploring the impact of burnout and how it can be mitigated for preservice and early career teachers.

    $129,665
  4. Heart Math Tutoring IncCharlotte, NC

    General operating support to help elementary school students build critical foundational math skills and academic confidence.

    $100,000
  5. University of North Carolina at CharlotteCharlotte, NC

    Program support to provide educational programming and integrated clinical experiences for teacher candidates to create the first ever inclusive education minor in north carolina.

    $72,018
  6. Urbanpromise CharlotteCharlotte, NC

    General operating support for a year-round program for low-income students that provides out-of-school-time academic and spiritual development.

    $65,000
  7. Freedom School Partners IncCharlotte, NC

    Program support for the freedom school summer program to stop learning loss and create passionate readers.

    $50,000
  8. Latinx Education CenterSiler City, NC

    General operating support for latinxed to work with current and future educators by building a network through their community of practice and coaching support.

    $50,000
  9. North Carolina Business Leaders for EducationCary, NC

    Program support for the continued advocacy for reform of teacher compensation, licensure, and development.

    $50,000
  10. North Carolina Business Leaders for EducationCary, NC

    General operating support for transforming north carolina education through state policy and advocacy.

    $45,000
  11. MyfuturencRaleigh, NC

    General operating support for myfuturenc to ensure 2 million north carolinians have a high-quality credential or postsecondary degree by 2030.

    $25,000
  12. Profound Ladies IncRaleigh, NC

    General operating support to increase the retention, effectiveness, and leadership of women educators of color through mentorship, professional development, and wellness support.

    $25,000
  13. Foundation of the University of North Carolina Charlotte (student Teachers)Charlotte, NC

    Strengthening teachers and leaders: program support for professional development and networking opportunities for teacher candidates participating in the mentor program.

    $20,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education18 grants $943,46262% of the total
  2. Philanthropy and grantmaking1 grant $150,00010% of the total
  3. Human services2 grants $125,0008% of the total
  4. Youth development2 grants $115,0008% of the total
  5. International aid1 grant $80,0005% of the total
  6. Social science1 grant $49,6053% of the total
  7. 2 other causes2 grants $57,5004% of the total

By State

Grants to organizations with a US address, latest year.

  1. North Carolina37 grants $2,000,419
  2. District of Columbia1 grant $50,000
  3. Virginia1 grant $49,605
  4. Georgia1 grant $5,000

Officers, directors and trustees

12 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Jevelyn D Bonner-ReedEXECUTIVE DIRECTOR Hours 40Pay $172,720
  • John R BelkCHAIR, BOARD OF DIRECTORS Hours 10Pay $0
  • Thomas M Belk JrVICE CHAIR, BOARD OF DIRECTORS Hours 1Pay $0
  • James WilliamsTREASURER AND SECRETARY, BOARD OF DIR. Hours 1Pay $0
  • Robert BelkMEMBER, BOARD OF DIRECTORS Hours 1Pay $0
  • Mary Claudia Belk PilonMEMBER, BOARD OF DIRECTORS Hours 1Pay $0
  • Carmen ConcepcionMEMBER, BOARD OF DIRECTORS Hours 1Pay $0
  • Anna ElliottMEMBER, BOARD OF DIRECTORS Hours 1Pay $0
  • Mary MackMEMBER, BOARD OF DIRECTORS Hours 1Pay $0
  • Katherine B MorrisMEMBER, BOARD OF DIRECTORS Hours 1Pay $0
  • Brandy NelsonMEMBER, BOARD OF DIRECTORS Hours 1Pay $0
  • Rebecca TannerMEMBER, BOARD OF DIRECTORS Hours 1Pay $0

The return

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