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  4. John M Belk Endowment (JMBE)
EIN 56-1954114

John M Belk Endowment (JMBE)

IRS 501(c) type
501(c)(3)
Num. employees
7
City
Charlotte
State
North Carolina
Year formed
1996
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
John M Belk Endowment's goal is to empower today's workforce by creating pathways to and through postsecondary education for underrepresented students in North Carolina.
Also known as...
John M Belk Educational Endowment
Total revenues
$2,550,432
2023
Total expenses
$23,424,176
2023
Total assets
$362,403,473
2023
Num. employees
7
2023

Program areas at JMBE

In 2023, the John M. Belk Endowment joined other organizations in leading the "nc reconnect" effort, focused on engaging adults in north carolina who have not completed a post-secondary credential and connecting them to educational pathways at their local community colleges that lead to improved career opportunities. In addition to making grants to community colleges in the respective cohorts, the Endowment covered the cost of communications and marketing services essential to the initiative's success.

Grants made by JMBE

GranteeGrant descriptionAmount
Foundation for the CarolinasGeneral Operating Support$4,500,000
National College Advising CorpsGeneral Operating Support$2,500,000
myFutureNCGeneral Operating Support$1,250,000
...and 10 more grants made

Personnel at JMBE

NameTitleCompensation
Taborah MileyChief Financial Officer
Chuck KaylorVice President and Chief of Staff
Mark E. ReedManaging Director$364,335
Tanisha AlcindorAccounting Manager
Charles W KaylorPast Chief of Staff$167,000
...and 4 more key personnel

Financials for JMBE

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$4,144,165
Net rental income$0
Net gain from sale of non-inventory assets$-3,049,233
Gross sales of inventory$0
Miscellaneous revenues$1,455,500
Total revenues$2,550,432

Form 990s for JMBE

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990PFView PDF
2022-122023-11-13990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-05990PFView PDF
2019-122021-06-10990PFView PDF
...and 11 more Form 990s

Organizations like JMBE

OrganizationLocationRevenue
Companion FoundationCharleston, SC$5,916,273
Edwin J Wadas FoundationNew York Mills, NY$1,740,481
Peter Alfond FoundationBethesda, MD$2,079,188
James B Chambers MemorialWheeling, WV$814,568
The Char and Chuck Fowler Family FoundationMayfield Heights, OH$1,180,688
Harvey Samuelsen Scholarship TrustDillingham, AK$1,141,717
Lapan Memorial Sunshine FoundationTucson, AZ$3,370,840
A. Lindsay & Olive B. O'Connor FoundationDelhi, NY$2,001,003
Koch Family FoundationWichita, KS$878,806
Charles B Keesee Educational FundMartinsville, VA$2,542,830
Data update history
January 7, 2025
Used new vendors
Identified 1 new vendor, including
November 5, 2024
Updated personnel
Identified 1 new personnel
September 21, 2024
Updated personnel
Identified 3 new personnel
January 3, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 2, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsAccepts online donations
General information
Address
4201 Congress St 470
Charlotte, NC 28209
Metro area
Charlotte-Concord-Gastonia, NC-SC
County
Mecklenburg County, NC
Website URL
jmbendowment.org/ 
Phone
(704) 943-4173
IRS details
EIN
56-1954114
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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