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    5. Ser Development I Inc (4598-So1)

    Ser Development I Inc (4598-So1)

    ActiveHousing & Shelter
    Raleigh, NC9197199622EIN: 82-44644933 filings on record
    See If You're a Fit — Free

    About Ser Development I Inc (4598-So1)

    SER Development I Inc focuses virtually exclusively on supporting the YMCA of the Triangle Area in Raleigh/Durham, channeling substantial local funding to the YMCA’s community-focused programming. Their giving indicates a place-based commitment to YMCA-led youth development, community health, and social services across the Triangle area. The foundation appears to be a single-grantee funder that reinforces ongoing operational and program support for one organization.

    Focus Areas

    YMCA of the Triangle Area — youth development and after-school programsCommunity health and recreational programming run by the YMCA (fitness, wellness, swim lessons)Accessible childcare and early childhood services provided through YMCA branchesLocal community services and social-support programming delivered by the YMCA (scholarships, outreach)

    Giving Approach

    Highly concentrated giving: all funding goes to a single local grantee (three grants totaling ~$2.03M). Emphasis on repeat support to one longstanding community institution rather than distributed or exploratory giving.

    Funding Style

    general operating / unrestricted supportcore operating support

    Financial Snapshot

    Annual Giving

    $680K

    Total Assets

    $19.5M

    Total Revenue

    $881K

    Total Expenses

    $1.8M

    Typical Grant Size

    Most grants fall between $674K and $679K, with a median of $677K.

    25th Percentile

    $674K

    Median

    $677K

    75th Percentile

    $679K

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in NC.

    Funding intensity
    Low
    High
    Headquarters

    Deep Analysis

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    capacity building

    Notable grantees: The Young Men’s Christian Association of the Triangle Area, Inc.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA INCRaleigh, NC$679,9572025General Support
    THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA INCRALEIGH, NC$677,2482024GENERAL SUPPORT
    THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA INCRALEIGH, NC$669,8242023GENERAL SUPPORT

    THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA INC

    $679,957
    Raleigh, NC2025

    General Support

    THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA INC

    $677,248
    RALEIGH, NC2024

    GENERAL SUPPORT

    THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA INC

    $669,824
    RALEIGH, NC2023

    GENERAL SUPPORT