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North Carolina Foam Foundation is a private trust based in CHARLOTTE, NC. The foundation received its IRS ruling in 1965. It holds total assets of $12.7M. Annual income is reported at $1.4M. Total assets have grown from $6M in 2011 to $11.6M in 2023. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in North Carolina and Massachusetts. According to available records, North Carolina Foam Foundation has made 210 grants totaling $1.6M, with a median grant of $3K. Annual giving has grown from $459K in 2020 to $1.2M in 2022. Individual grants have ranged from $150 to $80K, with an average award of $8K. The foundation has supported 84 unique organizations. The foundation primarily supports organizations in North Carolina, South Carolina, Massachusetts, which account for 94% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$150
Median Grant
$2K
Average Grant
$7K
Largest Grant
$50K
Based on 70 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.
North Carolina Foam Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 210 grants. Its grantmaking reaches organizations primarily in NC, SC, MA.
North Carolina Foam Foundation has distributed a total of $1.6M across 210 grants. The median grant size is $3K, with an average of $8K. Individual grants have ranged from $150 to $80K.
North Carolina Foam Foundation typically selects its grantees rather than accepting unsolicited proposals.
North Carolina Foam Foundation is headquartered in CHARLOTTE, NC. While based in NC, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Justin Swain | TRUSTEE | $0 | $0 | N/A |
Total Giving
$602K
Total Assets
$11.6M
Fair Market Value
$11.6M
Net Worth
$11.6M
Grants Paid
$544K
Contributions
$665K
Net Investment Income
$487K
Distribution Amount
$533K
Total: $11.4M
Total Grants
210
Total Giving
$1.6M
Average Grant
$8K
Median Grant
$3K
Unique Recipients
84
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Charlotte Rescue MissionGENERAL SUPPORT | Charlotte, NC | $80K | 2022 |
| Ymca Of Greater Charlotte Camp ThunderbirdGENERAL SUPPORT | Lake Wylie, SC | $57K | 2022 |
| Discovery Place Nature MuseumGENERAL SUPPORT | Charlotte, NC | $50K | 2022 |
| Surry Arts CouncilGENERAL SUPPORT | Mt Airy, NC | $42K | 2022 |
| United Fund Of SurryGENERAL SUPPORT | Mt Airy, NC | $40K | 2022 |
| United Way Of Central CarolinasGENERAL SUPPORT | Charlotte, NC | $30K | 2022 |
| Beds For KidsGENERAL SUPPORT | Charlotte, NC | $25K | 2022 |
| Unc Medical FoundationGENERAL SUPPORT | Chapel Hill, NC | $25K | 2022 |
| Central Piedmont Comm College FdnGENERAL SUPPORT | Charlotte, NC | $20K | 2022 |
| Boy Scouts Of AmericaGENERAL SUPPORT | Winstonsalem, NC | $18K | 2022 |
| Asu FoundationGENERAL SUPPORT | Boone, NC | $15K | 2022 |
| Crisis Assistance MinistryGENERAL SUPPORT | Charlotte, NC | $10K | 2022 |
| Surry Medical Ministries ClinicGENERAL SUPPORT | Mt Airy, NC | $10K | 2022 |
| Friendship TraysGENERAL SUPPORT | Charlotte, NC | $10K | 2022 |
| United Way Of Northwest GeorgiaGENERAL SUPPORT | Dalton, GA | $10K | 2022 |
| American Red CrossGENERAL SUPPORT | Charlotte, NC | $6K | 2022 |
| Surry Community CollegeGENERAL SUPPORT | Dobson, NC | $6K | 2022 |
| Surry County American Red CrossGENERAL SUPPORT | Mt Airy, NC | $6K | 2022 |
| Children'S Hope AllianceGENERAL SUPPORT | Barium Springs, NC | $6K | 2022 |
| Salvation Army Of Mt AiryGENERAL SUPPORT | Mt Airy, NC | $6K | 2022 |
| Roof Above (Men'S Shelter)GENERAL SUPPORT | Charlotte, NC | $5K | 2022 |
| Alexander Youth NetworkGENERAL SUPPORT | Charlotte, NC | $5K | 2022 |
| Lenoir Committee Of 100 IncGENERAL SUPPORT | Kinston, NC | $5K | 2022 |
| Charlotte Family HousingGENERAL SUPPORT | Charlotte, NC | $5K | 2022 |
| Hospice & Palliative CareGENERAL SUPPORT | Charlotte, NC | $5K | 2022 |
| Ymca Of Greater CharlotteGENERAL SUPPORT | Charlotte, NC | $5K | 2022 |
| Second Harvest Food Bank Of MetrolinaGENERAL SUPPORT | Charlotte, NC | $5K | 2022 |
| Arts & Science CouncilGENERAL SUPPORT | Charlotte, NC | $5K | 2022 |
| Johnson C Smith UniversityGENERAL SUPPORT | Charlotte, NC | $5K | 2022 |