Ser Development I Inc (4598-So1)

Name: Ser Development I Inc (4598-So1) — grants, 990 financials & funding data
Creator: Kindora

ActiveHousing & Shelter

Raleigh, NC9197199622EIN: 82-44644933 filings on record

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

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Recipient	Location	Amount	Year	Purpose
THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA INC	Raleigh, NC	$679,957	2025	General Support
THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA INC	RALEIGH, NC	$677,248	2024	GENERAL SUPPORT
THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA INC	RALEIGH, NC	$669,824	2023	GENERAL SUPPORT