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

Form 990-PFTax year 2024EIN 56-0599225

The Morehead-Cain Foundation

A private foundation in Chapel Hill, NC. Its return for tax year 2024 lists 422 grants and $14.9 million paid in grants.

Tax year 2024 (period ending Jun 30, 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

Accepts applications

The return gives an application contact and rules, as below.

Contact
Submitted Online
Post Office Box 690
Chapel Hill, NC 27514
(919) 962-1201
apply.moreheadcain.org/apply/
Form and materials
The morehead-cain scholarship application consists of biographical and school information, descriptions of a student's activities and awards, short response questions, and longer form essays. Students are also required to identify their school counselor and one recommender. The application is accessible at apply.moreheadcain.org/apply/ and is submitted entirely online.
Deadlines
The morehead-cain scholarship application is made available in august and must be submitted by oct 1
Restrictions
All applicants for the morehead-cain scholarship must be either nominated by an eligible nominating school/affiliate partner or be a senior at an accredited high school in north carolina. Applicants must be a competitive applicant to the university of north carolina at chapel hill and on track to graduate from high school in the current academic year.

Assets and giving by year

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

    $14,946,994

    Grants listed
    422
    Assets, end of year
    $224,987,957
  • Tax year 2023

    $13,846,637

    Grants listed
    409
    Assets, end of year
    $225,484,385
  • Tax year 2022

    $12,831,191

    Grants listed
    361
    Assets, end of year
    $226,832,928
  • Tax year 2021

    $12,347,095

    Grants listed
    384
    Assets, end of year
    $231,797,275
  • Tax year 2020

    $9,901,830

    Grants listed
    376
    Assets, end of year
    $236,239,285

Grants paid in 2024

422 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. UNC Chapel Hill - Scholarship ProgramChapel Hill, NC

    Support and promotion of the morehead-cain scholars program

    $4,745,945
  2. UNC Chapel Hill - Morehead House MaintenanceChapel Hill, NC

    To maintain facility for distinguished guests

    $173,704
  3. Individual

    Scholarship grants for undergraduate study

    $60,211
  4. Individual

    Scholarship grants for undergraduate study

    $53,994
  5. Individual

    Scholarship grants for undergraduate study

    $52,920
  6. Individual

    Scholarship grants for undergraduate study

    $51,004
  7. Individual

    Scholarship grants for undergraduate study

    $47,663
  8. Individual

    Scholarship grants for undergraduate study

    $46,721
  9. Individual

    Scholarship grants for undergraduate study

    $46,235
  10. Individual

    Scholarship grants for undergraduate study

    $44,476
  11. Individual

    Scholarship grants for undergraduate study

    $44,089
  12. Individual

    Scholarship grants for undergraduate study

    $43,532
  13. Individual

    Scholarship grants for undergraduate study

    $42,999
  14. Individual

    Scholarship grants for undergraduate study

    $42,348
  15. Individual

    Scholarship grants for undergraduate study

    $42,044
  16. Individual

    Scholarship grants for undergraduate study

    $42,004
  17. Individual

    Scholarship grants for undergraduate study

    $41,902
  18. Individual

    Scholarship grants for undergraduate study

    $41,454
  19. Individual

    Scholarship grants for undergraduate study

    $41,353
  20. Individual

    Scholarship grants for undergraduate study

    $41,204
  21. Individual

    Scholarship grants for undergraduate study

    $41,087
  22. Individual

    Scholarship grants for undergraduate study

    $41,035
  23. Individual

    Scholarship grants for undergraduate study

    $41,004
  24. Individual

    Scholarship grants for undergraduate study

    $41,004
  25. Individual

    Scholarship grants for undergraduate study

    $41,002
  26. Individual

    Scholarship grants for undergraduate study

    $40,967
  27. Individual

    Scholarship grants for undergraduate study

    $40,908
  28. Individual

    Scholarship grants for undergraduate study

    $40,727
  29. Individual

    Scholarship grants for undergraduate study

    $40,504
  30. Individual

    Scholarship grants for undergraduate study

    $40,365
  31. Individual

    Scholarship grants for undergraduate study

    $40,252
  32. Individual

    Scholarship grants for undergraduate study

    $40,202
  33. Individual

    Scholarship grants for undergraduate study

    $40,026
  34. The Flight School IncSonoma, CA

    Donation

    $40,000
  35. Individual

    Scholarship grants for undergraduate study

    $39,999
  36. Individual

    Scholarship grants for undergraduate study

    $39,907
  37. Individual

    Scholarship grants for undergraduate study

    $39,901
  38. Individual

    Scholarship grants for undergraduate study

    $39,722
  39. Individual

    Scholarship grants for undergraduate study

    $39,704
  40. Individual

    Scholarship grants for undergraduate study

    $39,320
  41. Individual

    Scholarship grants for undergraduate study

    $39,128
  42. Individual

    Scholarship grants for undergraduate study

    $39,097
  43. Individual

    Scholarship grants for undergraduate study

    $39,075
  44. Individual

    Scholarship grants for undergraduate study

    $38,743
  45. Individual

    Scholarship grants for undergraduate study

    $38,607
  46. Individual

    Scholarship grants for undergraduate study

    $38,566
  47. Individual

    Scholarship grants for undergraduate study

    $38,329
  48. Individual

    Scholarship grants for undergraduate study

    $38,279
  49. Individual

    Scholarship grants for undergraduate study

    $38,168
  50. Individual

    Scholarship grants for undergraduate study

    $38,148
  51. Individual

    Scholarship grants for undergraduate study

    $37,911
  52. Individual

    Scholarship grants for undergraduate study

    $37,804
  53. Individual

    Scholarship grants for undergraduate study

    $37,801
  54. Individual

    Scholarship grants for undergraduate study

    $37,590
  55. Individual

    Scholarship grants for undergraduate study

    $37,587
  56. Individual

    Scholarship grants for undergraduate study

    $37,457
  57. Individual

    Scholarship grants for undergraduate study

    $37,431
  58. Individual

    Scholarship grants for undergraduate study

    $37,345
  59. Individual

    Scholarship grants for undergraduate study

    $36,983
  60. Individual

    Scholarship grants for undergraduate study

    $36,375
  61. Individual

    Scholarship grants for undergraduate study

    $36,224
  62. Individual

    Scholarship grants for undergraduate study

    $35,968
  63. Individual

    Scholarship grants for undergraduate study

    $35,954
  64. Individual

    Scholarship grants for undergraduate study

    $35,914
  65. Individual

    Scholarship grants for undergraduate study

    $35,729
  66. Individual

    Scholarship grants for undergraduate study

    $35,717
  67. Individual

    Scholarship grants for undergraduate study

    $35,478
  68. Individual

    Scholarship grants for undergraduate study

    $35,452
  69. Individual

    Scholarship grants for undergraduate study

    $35,421
  70. Individual

    Scholarship grants for undergraduate study

    $35,212
  71. Individual

    Scholarship grants for undergraduate study

    $35,198
  72. Individual

    Scholarship grants for undergraduate study

    $35,080
  73. Individual

    Scholarship grants for undergraduate study

    $34,896
  74. Individual

    Scholarship grants for undergraduate study

    $34,863
  75. Individual

    Scholarship grants for undergraduate study

    $34,568
  76. Individual

    Scholarship grants for undergraduate study

    $34,504
  77. Individual

    Scholarship grants for undergraduate study

    $34,504
  78. Individual

    Scholarship grants for undergraduate study

    $34,302
  79. Individual

    Scholarship grants for undergraduate study

    $34,267
  80. Individual

    Scholarship grants for undergraduate study

    $34,189
  81. Individual

    Scholarship grants for undergraduate study

    $34,004
  82. Individual

    Scholarship grants for undergraduate study

    $33,931
  83. Individual

    Scholarship grants for undergraduate study

    $33,907
  84. Individual

    Scholarship grants for undergraduate study

    $33,879
  85. Individual

    Scholarship grants for undergraduate study

    $33,819
  86. Individual

    Scholarship grants for undergraduate study

    $33,798
  87. Individual

    Scholarship grants for undergraduate study

    $33,654
  88. Individual

    Scholarship grants for undergraduate study

    $33,574
  89. Individual

    Scholarship grants for undergraduate study

    $33,449
  90. Individual

    Scholarship grants for undergraduate study

    $33,384
  91. Individual

    Scholarship grants for undergraduate study

    $33,371
  92. Individual

    Scholarship grants for undergraduate study

    $33,365
  93. Individual

    Scholarship grants for undergraduate study

    $33,312
  94. Individual

    Scholarship grants for undergraduate study

    $33,245
  95. Individual

    Scholarship grants for undergraduate study

    $33,204
  96. Individual

    Scholarship grants for undergraduate study

    $33,204
  97. Individual

    Scholarship grants for undergraduate study

    $33,022
  98. Individual

    Scholarship grants for undergraduate study

    $33,004
  99. Individual

    Scholarship grants for undergraduate study

    $33,004
  100. Individual

    Scholarship grants for undergraduate study

    $33,004
  101. Individual

    Scholarship grants for undergraduate study

    $33,004
  102. Individual

    Scholarship grants for undergraduate study

    $33,004
  103. Individual

    Scholarship grants for undergraduate study

    $33,004
  104. Individual

    Scholarship grants for undergraduate study

    $33,004
  105. Individual

    Scholarship grants for undergraduate study

    $33,004
  106. Individual

    Scholarship grants for undergraduate study

    $33,004
  107. Individual

    Scholarship grants for undergraduate study

    $33,004
  108. Individual

    Scholarship grants for undergraduate study

    $33,004
  109. Individual

    Scholarship grants for undergraduate study

    $32,819
  110. Individual

    Scholarship grants for undergraduate study

    $32,815
  111. Individual

    Scholarship grants for undergraduate study

    $32,788
  112. Individual

    Scholarship grants for undergraduate study

    $32,768
  113. Individual

    Scholarship grants for undergraduate study

    $32,741
  114. Individual

    Scholarship grants for undergraduate study

    $32,691
  115. Individual

    Scholarship grants for undergraduate study

    $32,688
  116. Individual

    Scholarship grants for undergraduate study

    $32,677
  117. Individual

    Scholarship grants for undergraduate study

    $32,542
  118. Individual

    Scholarship grants for undergraduate study

    $32,518
  119. Individual

    Scholarship grants for undergraduate study

    $32,510
  120. Individual

    Scholarship grants for undergraduate study

    $32,461
  121. Individual

    Scholarship grants for undergraduate study

    $32,396
  122. Individual

    Scholarship grants for undergraduate study

    $32,343
  123. Individual

    Scholarship grants for undergraduate study

    $32,215
  124. Individual

    Scholarship grants for undergraduate study

    $32,212
  125. Individual

    Scholarship grants for undergraduate study

    $32,199
  126. Individual

    Scholarship grants for undergraduate study

    $32,180
  127. Individual

    Scholarship grants for undergraduate study

    $32,154
  128. Individual

    Scholarship grants for undergraduate study

    $31,921
  129. Individual

    Scholarship grants for undergraduate study

    $31,900
  130. Individual

    Scholarship grants for undergraduate study

    $31,881
  131. Individual

    Scholarship grants for undergraduate study

    $31,803
  132. Individual

    Scholarship grants for undergraduate study

    $31,752
  133. Individual

    Scholarship grants for undergraduate study

    $31,751
  134. Individual

    Scholarship grants for undergraduate study

    $31,731
  135. Individual

    Scholarship grants for undergraduate study

    $31,706
  136. Individual

    Scholarship grants for undergraduate study

    $31,670
  137. Individual

    Scholarship grants for undergraduate study

    $31,641
  138. Individual

    Scholarship grants for undergraduate study

    $31,639
  139. Individual

    Scholarship grants for undergraduate study

    $31,569
  140. Individual

    Scholarship grants for undergraduate study

    $31,536
  141. Individual

    Scholarship grants for undergraduate study

    $31,502
  142. Individual

    Scholarship grants for undergraduate study

    $31,492
  143. Individual

    Scholarship grants for undergraduate study

    $31,424
  144. Individual

    Scholarship grants for undergraduate study

    $31,395
  145. Individual

    Scholarship grants for undergraduate study

    $31,383
  146. Individual

    Scholarship grants for undergraduate study

    $31,365
  147. Individual

    Scholarship grants for undergraduate study

    $31,279
  148. Individual

    Scholarship grants for undergraduate study

    $31,269
  149. Individual

    Scholarship grants for undergraduate study

    $31,254
  150. Individual

    Scholarship grants for undergraduate study

    $31,249
  151. Individual

    Scholarship grants for undergraduate study

    $31,190
  152. Individual

    Scholarship grants for undergraduate study

    $31,185
  153. Individual

    Scholarship grants for undergraduate study

    $31,087
  154. Individual

    Scholarship grants for undergraduate study

    $31,015
  155. Individual

    Scholarship grants for undergraduate study

    $31,004
  156. Individual

    Scholarship grants for undergraduate study

    $30,968
  157. Individual

    Scholarship grants for undergraduate study

    $30,958
  158. Individual

    Scholarship grants for undergraduate study

    $30,934
  159. Individual

    Scholarship grants for undergraduate study

    $30,923
  160. Individual

    Scholarship grants for undergraduate study

    $30,923
  161. Individual

    Scholarship grants for undergraduate study

    $30,904
  162. Individual

    Scholarship grants for undergraduate study

    $30,880
  163. Individual

    Scholarship grants for undergraduate study

    $30,874
  164. Individual

    Scholarship grants for undergraduate study

    $30,849
  165. Individual

    Scholarship grants for undergraduate study

    $30,821
  166. Individual

    Scholarship grants for undergraduate study

    $30,772
  167. Individual

    Scholarship grants for undergraduate study

    $30,769
  168. Individual

    Scholarship grants for undergraduate study

    $30,754
  169. Individual

    Scholarship grants for undergraduate study

    $30,754
  170. Individual

    Scholarship grants for undergraduate study

    $30,707
  171. Individual

    Scholarship grants for undergraduate study

    $30,653
  172. Individual

    Scholarship grants for undergraduate study

    $30,574
  173. Individual

    Scholarship grants for undergraduate study

    $30,516
  174. Individual

    Scholarship grants for undergraduate study

    $30,504
  175. Individual

    Scholarship grants for undergraduate study

    $30,496
  176. Individual

    Scholarship grants for undergraduate study

    $30,467
  177. Individual

    Scholarship grants for undergraduate study

    $30,394
  178. Individual

    Scholarship grants for undergraduate study

    $30,354
  179. Individual

    Scholarship grants for undergraduate study

    $30,354
  180. Individual

    Scholarship grants for undergraduate study

    $30,254
  181. Individual

    Scholarship grants for undergraduate study

    $30,231
  182. Individual

    Scholarship grants for undergraduate study

    $29,943
  183. Individual

    Scholarship grants for undergraduate study

    $29,893
  184. Individual

    Scholarship grants for undergraduate study

    $29,843
  185. Individual

    Scholarship grants for undergraduate study

    $29,812
  186. Individual

    Scholarship grants for undergraduate study

    $29,775
  187. Individual

    Scholarship grants for undergraduate study

    $29,504
  188. Individual

    Scholarship grants for undergraduate study

    $29,504
  189. Individual

    Scholarship grants for undergraduate study

    $29,384
  190. Individual

    Scholarship grants for undergraduate study

    $29,274
  191. Individual

    Scholarship grants for undergraduate study

    $29,215
  192. Individual

    Scholarship grants for undergraduate study

    $28,949
  193. Individual

    Scholarship grants for undergraduate study

    $28,494
  194. Individual

    Scholarship grants for undergraduate study

    $28,429
  195. Individual

    Scholarship grants for undergraduate study

    $28,403
  196. Individual

    Scholarship grants for undergraduate study

    $28,364
  197. Individual

    Scholarship grants for undergraduate study

    $28,132
  198. Individual

    Scholarship grants for undergraduate study

    $28,029
  199. Individual

    Scholarship grants for undergraduate study

    $28,004
  200. Individual

    Scholarship grants for undergraduate study

    $28,004
  201. Individual

    Scholarship grants for undergraduate study

    $27,854
  202. Individual

    Scholarship grants for undergraduate study

    $27,671
  203. Individual

    Scholarship grants for undergraduate study

    $27,544
  204. Individual

    Scholarship grants for undergraduate study

    $27,539
  205. Individual

    Scholarship grants for undergraduate study

    $27,504
  206. Individual

    Scholarship grants for undergraduate study

    $27,439
  207. Individual

    Scholarship grants for undergraduate study

    $27,344
  208. Individual

    Scholarship grants for undergraduate study

    $27,277
  209. Individual

    Scholarship grants for undergraduate study

    $27,209
  210. Individual

    Scholarship grants for undergraduate study

    $27,144
  211. Individual

    Scholarship grants for undergraduate study

    $27,004
  212. Individual

    Scholarship grants for undergraduate study

    $27,004
  213. Individual

    Scholarship grants for undergraduate study

    $26,804
  214. Individual

    Scholarship grants for undergraduate study

    $26,804
  215. Individual

    Scholarship grants for undergraduate study

    $26,516
  216. Individual

    Scholarship grants for undergraduate study

    $26,504
  217. Individual

    Scholarship grants for undergraduate study

    $26,504
  218. Individual

    Scholarship grants for undergraduate study

    $26,504
  219. Individual

    Scholarship grants for undergraduate study

    $26,504
  220. Individual

    Scholarship grants for undergraduate study

    $26,504
  221. Individual

    Scholarship grants for undergraduate study

    $26,504
  222. Individual

    Scholarship grants for undergraduate study

    $26,504
  223. Individual

    Scholarship grants for undergraduate study

    $26,479
  224. Individual

    Scholarship grants for undergraduate study

    $26,403
  225. Individual

    Scholarship grants for undergraduate study

    $26,393
  226. Individual

    Scholarship grants for undergraduate study

    $26,358
  227. Individual

    Scholarship grants for undergraduate study

    $26,125
  228. Individual

    Scholarship grants for undergraduate study

    $26,004
  229. Individual

    Scholarship grants for undergraduate study

    $26,004
  230. Individual

    Scholarship grants for undergraduate study

    $26,004
  231. Individual

    Scholarship grants for undergraduate study

    $26,004
  232. Individual

    Scholarship grants for undergraduate study

    $26,004
  233. Individual

    Scholarship grants for undergraduate study

    $26,004
  234. Individual

    Scholarship grants for undergraduate study

    $26,004
  235. Individual

    Scholarship grants for undergraduate study

    $26,004
  236. Individual

    Scholarship grants for undergraduate study

    $26,004
  237. Individual

    Scholarship grants for undergraduate study

    $26,004
  238. Individual

    Scholarship grants for undergraduate study

    $26,004
  239. Individual

    Scholarship grants for undergraduate study

    $26,004
  240. Individual

    Scholarship grants for undergraduate study

    $26,004
  241. Individual

    Scholarship grants for undergraduate study

    $26,004
  242. Individual

    Scholarship grants for undergraduate study

    $26,004
  243. Individual

    Scholarship grants for undergraduate study

    $26,004
  244. Individual

    Scholarship grants for undergraduate study

    $26,004
  245. Individual

    Scholarship grants for undergraduate study

    $26,004
  246. Individual

    Scholarship grants for undergraduate study

    $26,004
  247. Individual

    Scholarship grants for undergraduate study

    $26,004
  248. Individual

    Scholarship grants for undergraduate study

    $26,004
  249. Individual

    Scholarship grants for undergraduate study

    $26,004
  250. Individual

    Scholarship grants for undergraduate study

    $26,004

Where the money goes

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

  1. Education1 grant $40,00099% of the total
  2. Housing and shelter1 grant $5001% of the total

By State

Grants to organizations with a US address, latest year.

  1. North Carolina24 grants $4,937,279
  2. California1 grant $40,000
  3. New York1 grant $2,000

Officers, directors and trustees

13 people as filed

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

  • Timothy P SullivanCHAIRMAN/TRUSTEE Hours 5Pay $3,729
  • Willie E Alston JrTRUSTEE Hours 2.5Pay $1,864
  • Phil BerneyTRUSTEE Hours 2.5Pay $0
  • A Holly C Gwynne-TimothyTRUSTEE Hours 2.5Pay $1,864
  • Terri LacyTRUSTEE Hours 2.5Pay $1,864
  • Rachel M PfeiferTRUSTEE Hours 2.5Pay $1,864
  • Walker L PooleVICE CHAIRMAN/TRUSTEE Hours 2.5Pay $1,864
  • Barbara R HydeTRUSTEE Hours 2.5Pay $932
  • Megan M MazzocchiVICE PRESIDENT Hours 40Pay $561,677
  • Steven R MichalakTREASURER Hours 40Pay $250,000
  • David B GreerDIRECTOR OF DEVELOPMENT Hours 40Pay $212,000
  • Christopher J BradfordPRESIDENT Hours 40Pay $530,000
  • Jesse M SoloffVICE PRESIDENT OF COMMUNITY Hours 40Pay $182,000

The return

More foundations

Similar foundations

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

  1. Bill & Peggy Britt Foundation IncChapel Hill, NC 7 grants Preselected only $25,020,000 giving
  2. The William R Kenan Jr FundChapel Hill, NC 1 grant Preselected only $3,750,000 giving
  3. John M Belk EndowmentCharlotte, NC 86 grants Preselected only $14,691,485 giving
  4. John William Pope FoundationRaleigh, NC 259 grants Accepts applications $15,231,748 giving
  5. Charles A Cannon Trust No 1Concord, NC 133 grants Preselected only $16,812,015 giving