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Sneed Family Foundation is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 2000. The principal officer is Bank Of America. It holds total assets of $2.3M. Annual income is reported at $524K. Total assets have grown from $943K in 2010 to $1.8M in 2022. The foundation is governed by 2 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 2021 to 2023. The foundation primarily funds organizations in North Carolina, Florida and Minnesota. According to available records, Sneed Family Foundation has made 33 grants totaling $463K, with a median grant of $10K. The foundation has distributed between $100K and $244K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $244K distributed across 16 grants. Individual grants have ranged from $500 to $50K, with an average award of $14K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Florida, North Carolina, Minnesota, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$13K
Average Grant
$15K
Largest Grant
$35K
Based on 8 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.
Sneed Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in FL, NC, MN.
Sneed Family Foundation has distributed a total of $463K across 33 grants. The median grant size is $10K, with an average of $14K. Individual grants have ranged from $500 to $50K.
Sneed Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sneed Family Foundation is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $10K | $0 | $10K |
| Lynne Sneed | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$135K
Total Assets
$1.8M
Fair Market Value
$2.5M
Net Worth
$1.8M
Grants Paid
$119K
Contributions
$85K
Net Investment Income
$85K
Distribution Amount
$124K
Total: $1.7M
Total Grants
33
Total Giving
$463K
Average Grant
$14K
Median Grant
$10K
Unique Recipients
15
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Boys & Girls Club Of The PlateauUNRESTRICTED GENERAL | Cashiers, NC | $45K | 2023 |
| L'Arche JacksonvilleUNRESTRICTED GENERAL | Jacksonville, FL | $25K | 2023 |
| Brooks Health RehabilitationUNRESTRICTED GENERAL | Jacksonville, FL | $25K | 2023 |
| Fishes & Loaves Food Pantry IncUNRESTRICTED GENERAL | Cashiers, NC | $7K | 2023 |
| Martin County Historical SocietyUNRESTRICTED GENERAL | Fairmont, MN | $5K | 2023 |
| Martin County Veterans MemorialUNRESTRICTED GENERAL | Fairmont, MN | $5K | 2023 |
| Blue Ridge Free Dental ClinicUNRESTRICTED GENERAL | Cashiers, NC | $5K | 2023 |
| Glenville Cashiers Rescue Squad IncUNRESTRICTED GENERAL | Cashiers, NC | $2K | 2023 |
| Highland Cashiers Hospital FdnUNRESTRICTED GENERAL | Highlands, NC | $10K | 2022 |
| The Village GreenUNRESTRICTED GENERAL | Cashiers, NC | $2K | 2022 |
| University Of North FloridaUNRESTRICTED GENERAL | Jacksonville, FL | $50K | 2021 |
| Feeding Northeast FloridaUNRESTRICTED GENERAL | Jacksonville, FL | $10K | 2021 |
| BeamUNRESTRICTED GENERAL | Jacksonville, FL | $10K | 2021 |
| Summit Charter School IncUNRESTRICTED GENERAL | Rutherfordton, NC | $1K | 2021 |
| Save The ChildrenUNRESTRICTED GENERAL | Westport, CT | $500 | 2021 |