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

Form 990-PFTax year 2025EIN 47-5197024

James 123 Inc

A private foundation in Morehead City, NC. Its return for tax year 2025 lists 9 grants and $9,851 paid in grants.

Tax year 2025 (period ending Dec 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

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $9,851

    Grants listed
    9
    Assets, end of year
    $9,720
  • Tax year 2024

    $3,880

    Grants listed
    7
    Assets, end of year
    $9,035
  • Tax year 2023

    $5,200

    Grants listed
    8
    Assets, end of year
    $3,208
  • Tax year 2022

    $6,272

    Grants listed
    5
    Assets, end of year
    $14,580
  • Tax year 2021

    $10,750

    Grants listed
    8
    Assets, end of year
    $13,387
  • Tax year 2020

    $6,000

    Grants listed
    3
    Assets, end of year
    $7,457
  • Tax year 2019

    $4,810

    Grants listed
    4
    Assets, end of year
    $5,502
  • Tax year 2018

    $0

    Grants listed
    0
    Assets, end of year
    $282

Grants paid in 2025

9 grants, largest first

As listed on the return.

  1. Carteret Community College FoundationMorehead City, NC

    Escoffier program

    $5,051
  2. Brookgreen EducationalMurrells Inlet, SC

    General purpose

    $1,000
  3. Knowing God MinistriesCary, NC

    General purpose

    $1,000
  4. One Harbor ChurchMorehead City, NC

    General purpose

    $874
  5. Broad Street ClinicMorehead City, NC

    General purpose

    $596
  6. Friends of Spooners Creek AssociationMorehead City, NC

    General purpose

    $500
  7. Rotary International FoundationEvanston, IL

    General purpose

    $315
  8. Turning PointSan Diego, CA

    General purpose

    $300
  9. Compassion InternationalColorado SPGS, CO

    General purpose

    $215

Where the money goes

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

  1. Religion2 grants $1,87472% of the total
  2. Environment1 grant $50019% of the total
  3. International aid1 grant $2158% of the total

By State

Grants to organizations with a US address, latest year.

  1. North Carolina5 grants $8,021
  2. South Carolina1 grant $1,000
  3. Illinois1 grant $315
  4. California1 grant $300
  5. Colorado1 grant $215

Officers, directors and trustees

4 people as filed

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

  • Charlton BurnsEXECUTIVE DIRECTOR Hours 1Pay $0
  • Peggy BurnsDIRECTOR Hours 1Pay $0
  • Zachary JettDIRECTOR Hours 1Pay $0
  • Andrew JettDIRECTOR Hours 1Pay $0

The return

More foundations

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Same main cause (religion), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. The Steven & Valerie Stafstrom FoundationNebo, NC 15 grants Preselected only $12,281 giving
  2. Project 58Lexington, NC 7 grants Preselected only $7,690 giving
  3. Conormon Christian MinistriesFayetteville, NC 9 grants Accepts applications $12,918 giving
  4. Kodali Family Private FoundationDurham, NC 6 grants Preselected only $6,750 giving
  5. The Perpetual Missionary Foundation for the Church of Jesus Christ of LDS IncApex, NC 1 grant Preselected only $14,841 giving