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Midgard Foundation is a private corporation based in ASHEVILLE, NC. The foundation received its IRS ruling in 1966. It holds total assets of $2.4M. Annual income is reported at $76K. According to available records, Midgard Foundation has made 65 grants totaling $530K, with a median grant of $5K. Annual giving has grown from $170K in 2021 to $360K in 2022. Individual grants have ranged from $500 to $40K, with an average award of $8K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in North Carolina, Massachusetts, Connecticut, which account for 74% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Midgard Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 65 grants. Its grantmaking reaches organizations primarily in NC, MA, CT.
Midgard Foundation has distributed a total of $530K across 65 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $500 to $40K.
Midgard Foundation typically selects its grantees rather than accepting unsolicited proposals.
Midgard Foundation is headquartered in ASHEVILLE, NC. While based in NC, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David L Smith | TREASURER | $0 | $0 | $0 |
| Phillip C Broughton Jr | PRESIDENT | $0 | $0 | $0 |
| Margaret Crockett | SECRETARY | $0 | $0 | $0 |
Total Giving
$189K
Total Assets
$1.8M
Fair Market Value
$4M
Net Worth
$1.8M
Grants Paid
$176K
Contributions
$0
Net Investment Income
$147K
Distribution Amount
$186K
Total: $1.7M
Total Grants
65
Total Giving
$530K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
24
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| CombaOPERATIONAL SUPPORT | Lakewood, CO | $1K | 2021 |
| Asheville Art MuseumOPERATIONAL SUPPORT | Asheville, NC | $40K | 2022 |
| Manna Food BankOPERATIONAL SUPPORT | Asheville, NC | $25K | 2022 |
| Pisgah Legal ServicesOPERATIONAL SUPPORT | Asheville, NC | $25K | 2022 |
| University Of North Carolina At Ashevillerw Weatherhead ScholarshipsWEATHERHEAD SCHOLARSHIPS | Asheville, NC |
| $20K |
| 2022 |
| Beloved AshevilleOPERATIONAL SUPPORT | Asheville, NC | $14K | 2022 |
| Warren Wilson Collegerw WeatherheadWEATHERHEAD SCHOLARSHIPS | Asheville, NC | $10K | 2022 |
| Asheville Humane SocietyOPERATIONAL SUPPORT | Asheville, NC | $10K | 2022 |
| Neighbors In NeedOPERATIONAL SUPPORT | Lawrence, MA | $5K | 2022 |
| Meals On WheelsOPERATIONAL SUPPORT | Asheville, NC | $5K | 2022 |
| African Aquatic Conservation FundOPERATIONAL SUPPORT | Chilmark, MA | $5K | 2022 |
| Ywca Northeastern MassachusettsOPERATIONAL SUPPORT | Lawrence, MA | $5K | 2022 |
| New London Homeless Hospitality CenterOPERATIONAL SUPPORT | New London, CT | $4K | 2022 |
| Deerwood FoundationOPERATIONAL SUPPORT | Holderness, NH | $3K | 2022 |
| Journeymen Of AshevilleOPERATIONAL SUPPORT | Asheville, NC | $2K | 2022 |
| Artis-NaplesOPERATIONAL SUPPORT | Naples, FL | $2K | 2022 |
| Animal Kind InternationalOPERATIONAL SUPPORT | Jemez Springs, NM | $2K | 2022 |
| The Elephant SanctuaryOPERATIONAL SUPPORT | Hohenwald, TN | $2K | 2022 |
| First Congregational Church Of Old LymeOPERATIONAL SUPPORT | Old Lyme, CT | $1K | 2022 |
| MemorycareOPERATIONAL SUPPORT | Asheville, NC | $1K | 2022 |
| Golisano Childrens Museum Of NaplesOPERATIONAL SUPPORT | Naples, FL | $500 | 2022 |
| Equality North CarolinaOPERATIONAL SUPPORT | Raleigh, NC | $500 | 2022 |
| Asheville City Schools FoundationOPERATIONAL SUPPORT | Asheville, NC | $4K | 2021 |
| Friends Of Foster Care ForeverOPERATIONAL SUPPORT | Naples, FL | $500 | 2021 |
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