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Seven Oaks Farm Foundation is a private corporation based in BELMONT, NC. The foundation received its IRS ruling in 1997. It holds total assets of $552K. Annual income is reported at $129K. Total assets have decreased from $1.8M in 2011 to $552K in 2024. The foundation is governed by 3 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 2015 to 2024. According to available records, Seven Oaks Farm Foundation has made 8 grants totaling $1.2M, with a median grant of $48K. Annual giving has grown from $96K in 2020 to $234K in 2023. Grantmaking activity was highest in 2022 with $526K distributed across 2 grants. Individual grants have ranged from $3K to $522K, with an average award of $145K. The foundation has supported 3 unique organizations. 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.
Seven Oaks Farm 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.
Seven Oaks Farm Foundation has distributed a total of $1.2M across 8 grants. The median grant size is $48K, with an average of $145K. Individual grants have ranged from $3K to $522K.
Seven Oaks Farm Foundation typically selects its grantees rather than accepting unsolicited proposals.
Seven Oaks Farm Foundation is headquartered in BELMONT, NC.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Daniel Harding Stowe | DIRECTOR | $0 | $0 | N/A |
| Robert L Stowe Iii | DIRECTOR | $0 | $0 | N/A |
| William Carstarphen | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$552K
Fair Market Value
N/A
Net Worth
$552K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
8
Total Giving
$1.2M
Average Grant
$145K
Median Grant
$48K
Unique Recipients
3
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stowe Botanical GardensCHARITABLE | Belmont, NC | $230K | 2023 |
| Gaston Business AssociationCHARITABLE | Gastonia, NC | $4K | 2023 |
| Greater Gaston DevelopmentCHARITABLE | Belmont, NC | $4K | 2022 |