DHG Foundation concentrates its giving on strengthening the accounting profession and accounting/business education, with a clear emphasis on supporting both academic programs and diversity within the field. The foundation makes a small number of substantial grants to organizations that advance accounting training, professional development, and access for underrepresented groups, both regionally and nationally.
Highly concentrated giving: very few, relatively large grants per year directed to mission-aligned institutions and intermediary organizations rather than many small community grants. Grants combine support for higher-education programmatic needs and professional association capacity-building, including partnerships with firm-affiliated foundations.
Dhg Foundation Inc’s largest recent grant went to Forvis Foundation: $272,925 in 2024 for general support. That gift sets the tone for a portfolio built around accounting education and professional development, with most awards directed to business schools, accounting programs, and organizations tied to the accounting workforce. The foundation also backed the National Association of Black Accountants Inc with $107,598 for general support, pairing institutional support for the profession with a focus on access and representation. The rest of the recent record reinforces that pattern. Dhg Foundation Inc made $35,000 grants to North Carolina State University and the University of South Carolina for accounting programs and business schools, and it supported several other universities at lower levels, including UNC Greensboro, North Carolina Agricultural and Technical State University, Clemson University, and Wake Forest University. The grant list shows a narrow set of beneficiaries and a consistent emphasis on higher education and sector-specific philanthropy rather than broad charitable funding. Its giving is regional in scope, with awards concentrated in a small number of states and institutions connected to accounting training and professional pathways.
Dhg Foundation Inc concentrates on accounting education through university-based support. In 2024, it gave $113,800 to the WCU Foundation for education to support accounting programs and business schools, and it made $35,000 grants to North Carolina State University and the University of South Carolina for the same purpose. That pattern points to sustained support for academic departments that prepare accounting students for the profession. A second strand is professional infrastructure. The foundation awarded $272,925 to Forvis Foundation for general support, linking its grantmaking to a sector foundation rather than only to campuses. It also gave $107,598 to the National Association of Black Accountants Inc for general support, which aligns with its stated emphasis on advancing Black representation in accounting and finance. Smaller grants continued the education focus at UNC Greensboro, North Carolina Agricultural and Technical State University, the University of Mississippi, Clemson University, Wake Forest University, and UNC at Charlotte.
Dhg Foundation Inc gives relatively substantial grants: the typical award size is $10,000 at the 25th percentile, $20,000 at the median, and $35,000 at the 75th percentile. The 2024 list also includes a few very large gifts, which pull the average above the median. The pattern is institutional rather than individual, and the foundation does not fund individuals or make program-related investments. The grant list shows repeated support for universities and accounting organizations in the same year, with no evidence here of individual one-off projects outside that lane. The foundation’s philosophy tags point to general operating support, program support, institutional support, and capacity building, all of which fit the recent awards.
$662K
$0
$540K
$663K
Most grants fall between $10K and $35K, with a median of $20K.
25th Percentile
$10K
Median
$20K
75th Percentile
$35K
About 46% of grants go to recipients in AL.
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Notable grantees: FORVIS Foundation, WCU Foundation (supporting accounting/business programs), National Association of Black Accountants, Inc.
Dhg Foundation Inc’s giving is regional and US-based. North Carolina is the most common recipient state in the recent list, and 46% of grants went to recipients in the foundation’s HQ state. Alabama also appears prominently, with grants to the University of Alabama in Tuscaloosa and Auburn University in Auburn. Other recipient locations include Springfield, Missouri; Greenbelt, Maryland; Columbia, South Carolina; Oxford, Mississippi; Clemson, South Carolina; and Winston-Salem, Greensboro, Raleigh, and Charlotte in North Carolina.
It funds accounting education and the accounting profession. The recent grants center on support for accounting programs and business schools, plus general support for accounting-sector organizations such as Forvis Foundation and the National Association of Black Accountants Inc.
The foundation’s grant-size distribution is $10,000 at the 25th percentile, $20,000 at the median, and $35,000 at the 75th percentile. Recent awards also include larger grants such as $272,925 and $113,800.
No. The recent grants go to university foundations, public universities, and accounting organizations. Examples include WCU Foundation, North Carolina State University, the University of South Carolina, and the National Association of Black Accountants Inc.
Its top recipient state by grant count is Alabama. The recent list includes grants to the University of Alabama in Tuscaloosa and Auburn University in Auburn, while 46% of grants went to recipients in North Carolina, the HQ state.
The recent grants are mostly for general support or education tied to accounting programs and business schools. The foundation’s philosophy tags also point to unrestricted support, program support, institutional support, and capacity building.
2024
Source: IRS Form 990-PF, fiscal year 2024.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| FORVIS FOUNDATION | SPRINGFIELD, MO | $272,925 | 2024 | GENERAL SUPPORT |
| WCU FOUNDATION | CULLOWHEE, NC | $113,800 | 2024 | EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS |
| NATIONAL ASSOCIATION OF BLACK ACCOUNTANTS INC | GREENBELT, MD | $107,598 | 2024 | GENERAL SUPPORT |
| NORTH CAROLINA STATE UNIVERSITY | RALEIGH, NC | $35,000 | 2024 | EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS |
| UNIVERSITY OF SOUTH CAROLINA | COLUMBIA, SC | $35,000 | 2024 | EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS |
| UNC GREENSBORO | GREENSBORO, NC | $33,000 | 2024 | EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS |
| NORTH CAROLINA AGRICULTURAL AND TECHNOLOGY STATE UNIVERSITY | GREENSBORO, NC | $20,000 | 2024 | EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS |
| UNVIERSITY OF MISSISSIPPI | OXFORD, MS | $15,000 | 2024 | EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS |
| CLEMSON UNIVERSITY | CLEMSON, SC | $15,000 | 2024 | EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS |
| WAKE FOREST UNIVERSITY | WINSTONSALEM, NC | $10,000 | 2024 | EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS |
| UNC AT CHARLOTTE INC | CHARLOTTE, NC | $2,500 | 2024 | EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS |
| UNIVERSITY OF ALABAMA | TUSCALOOSA, AL | $1,000 | 2024 | EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS |
| AUBURN UNIVERSITY | AUBURN, AL | $1,000 | 2024 | EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS |
FORVIS FOUNDATION
$272,925GENERAL SUPPORT
WCU FOUNDATION
$113,800EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS
NATIONAL ASSOCIATION OF BLACK ACCOUNTANTS INC
$107,598GENERAL SUPPORT
NORTH CAROLINA STATE UNIVERSITY
$35,000EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS
UNIVERSITY OF SOUTH CAROLINA
$35,000EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS
UNC GREENSBORO
$33,000EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS
NORTH CAROLINA AGRICULTURAL AND TECHNOLOGY STATE UNIVERSITY
$20,000EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS
UNVIERSITY OF MISSISSIPPI
$15,000EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS
CLEMSON UNIVERSITY
$15,000EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS
WAKE FOREST UNIVERSITY
$10,000EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS
UNC AT CHARLOTTE INC
$2,500EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS
UNIVERSITY OF ALABAMA
$1,000EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS
AUBURN UNIVERSITY
$1,000EDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS