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Ceres Foundation Inc. is a private corporation based in CHARLESTON, SC. The foundation received its IRS ruling in 1999. The principal officer is Diane D Terni. It holds total assets of $27.2M. Annual income is reported at $11.5M. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2022. According to available records, Ceres Foundation Inc. has made 87 grants totaling $1.9M, with a median grant of $10K. The foundation has distributed between $958K and $991K annually from 2020 to 2022. Individual grants have ranged from $1K to $500K, with an average award of $22K. The foundation has supported 70 unique organizations. The foundation primarily supports organizations in South Carolina, New York, Connecticut, which account for 67% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$14K
Largest Grant
$250K
Based on 75 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Ceres Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 87 grants. Its grantmaking reaches organizations primarily in SC, NY, CT.
Ceres Foundation Inc. has distributed a total of $1.9M across 87 grants. The median grant size is $10K, with an average of $22K. Individual grants have ranged from $1K to $500K.
Ceres Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Ceres Foundation Inc. is headquartered in CHARLESTON, SC. While based in SC, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephen L Gavel | PRESIDENT/EXEC. DIRECTOR | $149K | $35K | $183K |
| Linda Gavel Webb | TREASURER/VICE PRESIDENT | $0 | $0 | N/A |
| Frank Gavel Jr | SECRETARY/VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$1.8M
Total Assets
$27.9M
Fair Market Value
$27.5M
Net Worth
$27.9M
Grants Paid
$991K
Contributions
N/A
Net Investment Income
$1.5M
Distribution Amount
$1.3M
Total: $15.8M
Total Grants
87
Total Giving
$1.9M
Average Grant
$22K
Median Grant
$10K
Unique Recipients
70
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyCATTLE BARONS BALL | Glen Allen, VA | $30K | 2022 |
| Davis Love Iii FoundationGENERAL FUND | St Simons Island, GA | $10K | 2022 |
| Loaves And FishesGENERAL FUND | New Milford, CT | $5K | 2022 |
| Open Space InstituteBUCKFIELD PROJECT | New York, NY | $500K | 2022 |
| Child Health Investment PartnershipCHALLENGE GRANT | Roanoke, VA | $50K | 2022 |
| Nuvance Health NetworkGENERAL FUND | Danbury, CT | $50K | 2022 |
| Fennell Elementary Magnet SchoolPER PROPOSAL | Yemassee, SC | $40K | 2022 |
| Gibbes Museum Of ArtGREEK GEOMETRIC SHOW | Charleston, SC | $30K | 2022 |
| Taubman Museum Of ArtGENERAL FUND | Roanoke, VA | $25K | 2022 |
| Opera RoanokeCHALLENGE GRANT | Roanoke, VA | $25K | 2022 |
| Westminster SchoolPER PROPOSAL | Simsbury, CT | $25K | 2022 |
| World Central Kitchen IncWAR IN UKRAINE | Washington, DC | $25K | 2022 |
| International Medical CorpsUKRAINE WAR | Los Angeles, CA | $25K | 2022 |
| Boca Grande Firefighters AssociationGENERAL FUND | Boca Grande, FL | $10K | 2022 |
| Boys Farm IncPER PROPOSAL | Newberry, SC | $10K | 2022 |
| Golden OpportunitiesGENERAL FUND | Newtown, CT | $10K | 2022 |
| Boca Grande Woman'S ClubHURRICANE RELIEF | Boca Grande, FL | $10K | 2022 |
| Centerpoint Church At RemountGATHERING CENTER REPAIRS | North Charleston, SC | $10K | 2022 |
| Ann'S Place The Home Of I CanGENERAL FUND | Danbury, CT | $10K | 2022 |
| Charleston Library SocietyGENERAL FUND | Charleston, SC | $10K | 2022 |
| Foxfield FarmsGENERAL FUND | Granby, CT | $8K | 2022 |
| Kevin'S Juvenile Community CenterGENERAL FUND | Danbury, CT | $5K | 2022 |
| Amos HouseGENERAL FUND | Danbury, CT | $5K | 2022 |
| Beaufort Memorial Hospital FoundationGENERAL FUND | Beaufort, SC | $5K | 2022 |
| Best PetsGENERAL FUND | Denver, CO | $5K | 2022 |
| Connecticut Burn Care FoundationGENERAL FUND | Milford, CT | $5K | 2022 |
| Diabetes Research Foundation InternationalBOBBY'S BAND | Atlanta, GA | $5K | 2022 |
| Exceptional SidekickGENERAL FUND | Newtown, CT | $5K | 2022 |
| Glynn Community Crisis CenterGENERAL FUND | Brunswick, GA | $5K | 2022 |
| Botetourt County Historical SocietyMEMORY OF B.SIMMONS | Fincastle, VA | $5K | 2022 |
| Lva SchoolGENERAL FUND | Danbury, CT | $5K | 2022 |
| Regional Ymca Of Western CtGENERAL FUND | Brookfield, CT | $5K | 2022 |
| Simply SmilesGENERAL FUND | Westport, CT | $5K | 2022 |
| National Deer AssociationGENERAL FUND | Atlanta, GA | $5K | 2022 |
| Ability Beyond DisabilityGENERAL FUND | Bethel, CT | $5K | 2022 |
| Metropolitan Opera Association IncCHALLENGE GRANT | New York, NY | $3K | 2022 |
| Child Mind InstituteCHILD ADVOCACY DINNER | New York, NY | $1K | 2022 |
| Lacuna IncACE BASIN | Charleston, SC | $300K | 2020 |
| Western Ct Health NetworkGENERAL FUND | Danbury, CT | $50K | 2020 |
| St Stephen'S And St Agnes SchoolGENERAL FUND | Alexandria, VA | $50K | 2020 |
| Fennell Elementary SchoolPROPOSAL | Yemassee, SC | $45K | 2020 |
| Preservation Society Of CharlestonGENERAL FUND | Charleston, SC | $30K | 2020 |
| Friends Of Caroline HospiceGENERAL FUND | Port Royal, SC | $30K | 2020 |
| Rumsey Hall SchoolANNUAL FUND | Washington Depot, CT | $25K | 2020 |
| Blue Ridge LiteracyGENERAL FUND | Roanoke, VA | $25K | 2020 |
| Science Museum Western VaGENERAL FUND | Roanoke, VA | $15K | 2020 |
| St Marks Episcopal ChurchGENERAL FUND | Fincastle, VA | $15K | 2020 |
LAKE CITY, SC
CHARLESTON, SC
COLUMBIA, SC