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Laurel Foundation is a private corporation based in ASHEVILLE, NC. The foundation received its IRS ruling in 1998. The principal officer is Jo Anne T Manofsky. It holds total assets of $824K. Annual income is reported at $168K. Total assets have grown from $712K in 2011 to $877K in 2022. The foundation is governed by 2 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, Laurel Foundation has made 4 grants totaling $185K, with a median grant of $46K. Annual giving has grown from $43K in 2020 to $92K in 2022. Individual grants have ranged from $43K to $50K, with an average award of $46K. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
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.
Laurel Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NC.
Laurel Foundation has distributed a total of $185K across 4 grants. The median grant size is $46K, with an average of $46K. Individual grants have ranged from $43K to $50K.
Laurel Foundation typically selects its grantees rather than accepting unsolicited proposals.
Laurel Foundation is headquartered in ASHEVILLE, NC.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sylvia M Thompson | VP/Secretary | $0 | $0 | N/A |
| Jo Anne T Manofsky | President | $0 | $0 | N/A |
Total Giving
$50K
Total Assets
$877K
Fair Market Value
$846K
Net Worth
$877K
Grants Paid
$46K
Contributions
N/A
Net Investment Income
$154K
Distribution Amount
$43K
Total: $829K
Total Grants
4
Total Giving
$185K
Average Grant
$46K
Median Grant
$46K
Unique Recipients
1
Most Common Grant
$46K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schedule AttachedCharitable contribution | Various, NC | $46K | 2022 |