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Also known as: FOUNDATION
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Michael And Suzanne Stoskopf Foundation is a private corporation based in MOREHEAD CITY, NC. The foundation received its IRS ruling in 2020. The principal officer is Michael K Stoskopf. It holds total assets of $1.3M. Annual income is reported at $1.1M. Total assets have grown from $5K in 2019 to $243K in 2023. 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 2021 to 2024. According to available records, Michael And Suzanne Stoskopf Foundation has made 14 grants totaling $34K, with a median grant of $1K. Annual giving has grown from $4K in 2021 to $29K in 2024. Individual grants have ranged from $500 to $5K, with an average award of $2K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in North Carolina, California, Arizona, which account for 93% of all grants. Grantmaking reaches organizations across 4 states. 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.
Michael And Suzanne Stoskopf Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in NC, CA, AZ.
Michael And Suzanne Stoskopf Foundation has distributed a total of $34K across 14 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $500 to $5K.
Michael And Suzanne Stoskopf Foundation typically selects its grantees rather than accepting unsolicited proposals.
Michael And Suzanne Stoskopf Foundation is headquartered in MOREHEAD CITY, NC. While based in NC, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael K Stoskopf | PRESIDENT | $0 | $0 | N/A |
| Suzanne Kennedy-Stoskopf | SECRETARY/TR | $0 | $0 | N/A |
Total Giving
$30K
Total Assets
$243K
Fair Market Value
$238K
Net Worth
$243K
Grants Paid
$29K
Contributions
$64K
Net Investment Income
$6K
Distribution Amount
$12K
Total: $242K
Total Grants
14
Total Giving
$34K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
11
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harrison DudleyWELLSPRING AWARD | Kingston, NC | $5K | 2024 |
| Cynthia FauxWELLSPRING AWARD | Oro Valley, AZ | $5K | 2024 |
| Laurie GageWELLSPRING AWARD | Napa, CA | $5K | 2024 |
| Sam YoungWELLSPRING AWARD | Banner Elk, NC | $5K | 2024 |
| Emma SkurnickWELLSPRING AWARD | Bynum, NC | $5K | 2024 |
| Dr Jay LevineWELLSPRING AWARD | Raleigh, NC | $5K | 2024 |
| The Karen Beasley Sea Turtle RescueEDUCATIONAL | Surf City, NC | $1K | 2021 |
| Animal Park At The Conservators CenEDUCATIONAL | Burlington, NC | $1K | 2021 |
| Nc State FoundationCREATIVE ARTIST AWARD | Raleigh, NC | $1K | 2021 |
| Friends Of Radnor LakeNATURE PRESERVE | Nashville, TN | $500 | 2021 |
| Bynum Front PorchEDUCATIONAL | Pittsboro, NC | $500 | 2021 |