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Redstone Summit Foundation is a private corporation based in CASHIERS, NC. The foundation received its IRS ruling in 1997. The principal officer is K T Snyder Ii. It holds total assets of $141K. Annual income is reported at $46K. Total assets have grown from $87K in 2011 to $139K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. According to available records, Redstone Summit Foundation has made 8 grants totaling $7K, with a median grant of $750. Annual giving has grown from $2K in 2020 to $5K in 2022. Individual grants have ranged from $400 to $2K, with an average award of $860.625. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in North Carolina and South Carolina and Louisiana. 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.
Redstone Summit Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NC, SC, LA.
Redstone Summit Foundation has distributed a total of $7K across 8 grants. The median grant size is $750, with an average of $860.625. Individual grants have ranged from $400 to $2K.
Redstone Summit Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (760533496) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Redstone Summit Foundation is headquartered in CASHIERS, NC. While based in NC, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| K T Snyder Ii | PRESIDENT | $0 | $0 | N/A |
| Karen G Snyder | SECRETARY | $0 | $0 | N/A |
| John R Boyer Jr | DIRECTOR | $0 | $0 | N/A |
Total Giving
$21K
Total Assets
$139K
Fair Market Value
$140K
Net Worth
$139K
Grants Paid
$8K
Contributions
$42K
Net Investment Income
N/A
Distribution Amount
$5K
Total: $70K
Total Grants
8
Total Giving
$7K
Average Grant
$860.625
Median Grant
$750
Unique Recipients
8
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Big Brothers Big SistersTO CARRY OUT EXEMPT PURPOSE | Asheville, NC | $730 | 2022 |
| The Church Of The Good ShepherdTO CARRY OUT EXEMPT PURPOSE | Cashiers, NC | $1K | 2022 |
| Leveen-Roach Scholarship Fund Of Secession Golf ClubTO CARRY OUT EXEMPT PURPOSE | Beaufort, SC | $1K | 2022 |
| Start The Adventure In ReadingTO CARRY OUT EXEMPT PURPOSE | New Orleans, LA | $750 | 2022 |
| Highlands Cashiers Health FoundationTO CARRY OUT EXEMPT PURPOSE | Highlands, NC | $750 | 2022 |
| Secession Golf Club Relief FundTO CARRY OUT EXEMPT PURPOSE | Beaufort, SC | $500 | 2022 |
| Boys Club Girls Club Of The PlateauTO CARRY OUT EXEMPT PURPOSE | Cashiers, NC | $400 | 2022 |
| See Attached StatementSEE ATTACHED STATEMENT | See Attached, NC | $2K | 2020 |