MOUNTAIN BRK, AL

Seven Summits Foundation

Quick Facts

EIN: 261604509
Location: MOUNTAIN BRK, AL
Phone: (205) 970-2200
Category: Philanthropy & Grantmaking
Total Assets: $11K
Annual Income: $10K
IRS Ruling Year: 2015
Organization Type: Non-Operating Foundation
Principal Officer: % Kilimanjaro Childrens Foundation
Tax Deductibility: Contributions are deductible

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About This Foundation

Seven Summits Foundation is a private corporation based in MOUNTAIN BRK, AL. The foundation received its IRS ruling in 2015. The principal officer is % Kilimanjaro Childrens Foundation. It holds total assets of $11K. Annual income is reported at $10K. N/A - ALL GRANTS MADE BY THE FOUNDATION ARE DIRECT GRANTS TO OTHER 501(C)(3) ORGANIZATIONS. According to available records, Seven Summits Foundation has made 5 grants totaling $8K, with a median grant of $3K. Annual giving has decreased from $6K in 2022 to $3K in 2023. Individual grants have ranged from $300 to $3K, with an average award of $2K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Ohio. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Programs & Activities

N/A - ALL GRANTS MADE BY THE FOUNDATION ARE DIRECT GRANTS TO OTHER 501(C)(3) ORGANIZATIONS.

Frequently Asked Questions

What does Seven Summits Foundation fund?

N/A - ALL GRANTS MADE BY THE FOUNDATION ARE DIRECT GRANTS TO OTHER 501(C)(3) ORGANIZATIONS. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in OH.

How much does Seven Summits Foundation give in grants?

Seven Summits Foundation has distributed a total of $8K across 5 grants. The median grant size is $3K, with an average of $2K. Individual grants have ranged from $300 to $3K.

How do I apply for a grant from Seven Summits Foundation?

Seven Summits Foundation typically selects its grantees rather than accepting unsolicited proposals.

Where is Seven Summits Foundation located?

Seven Summits Foundation is headquartered in MOUNTAIN BRK, AL.

Key People & Compensation (2023)

Name	Title	Compensation	Benefits	Total
Julie W Stewart	DIRECTOR	$0	$0	$0
S Kent Stewart	DIRECTOR	$0	$0	$0

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$4K

2023+25%

Total Assets

$7K

2023-34%

Fair Market Value

$7K

2023

Net Worth

$7K

2023

Grants Paid

$3K

2023

Contributions

2023

Net Investment Income

2023

Distribution Amount

$355

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Expense Breakdown (2023)

Financial Details (2023)

Total Revenue: $1
Total Expenses: $4K
Exempt Purpose Expenses: $3K
Required Distribution: $355
Undistributed Income: $0
Total Liabilities: $1

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$8K

Average Grant

$2K

Median Grant

$3K

Unique Recipients

Most Common Grant

$3K

Grant Disbursements by Year

Grant Range

Min$300

Max$3K

Median: $3K

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

OH$600 (2)

Past Grantees

Recipient	Location	Amount	Year
Dasonam SherpaTO ASSIST WITH SCHOOLING OF AND HOUSING FOR SHERPAS IN NEPAL	Khumjung	$3K	2023
Association Of Nepalese In Midwest AmericaTO FURTHER ITS CHARITABLE PURPOSES	Cincinnati, OH	$300	2022