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Southern Reconstruction Fund is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2020. The principal officer is Foundation Source. It holds total assets of $4.4M. Annual income is reported at $3.1M. Total assets have grown from N/A in 2018 to $6.1M in 2022. The foundation is governed by 3 officers and trustees. The foundation operates in the area of advocacy. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2023. According to available records, Southern Reconstruction Fund has made 13 grants totaling $570K, with a median grant of $30K. Annual giving has decreased from $540K in 2022 to $30K in 2023. Individual grants have ranged from $30K to $100K, with an average award of $44K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Illinois, Kentucky, North Carolina, which account for 77% of all grants. Grantmaking reaches organizations across 5 states. 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.
Southern Reconstruction Fund primarily funds organizations in the area of advocacy. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in IL, KY, NC.
Southern Reconstruction Fund has distributed a total of $570K across 13 grants. The median grant size is $30K, with an average of $44K. Individual grants have ranged from $30K to $100K.
Southern Reconstruction Fund typically selects its grantees rather than accepting unsolicited proposals.
Southern Reconstruction Fund is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dorian O Burton Ii | Dir, Pres | $415K | $111K | $526K |
| Anne Kenan | Dir | $0 | $0 | N/A |
| Annice O Kenan | Dir | $0 | $0 | N/A |
Total Giving
$1.6M
Total Assets
$6.1M
Fair Market Value
$6.1M
Net Worth
$6.1M
Grants Paid
$30K
Contributions
$1.9M
Net Investment Income
$3.5M
Distribution Amount
$238K
Total Grants
13
Total Giving
$570K
Average Grant
$44K
Median Grant
$30K
Unique Recipients
6
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Texas Southern University FoundationTexas Legislative Internship Program | Houston, TX | $30K | 2023 |
| Oikos Institute For Social Impactto support CDFI certification, research, proces; and it has a repayment dependent on Oikos reaching a funding/net income threshold | Chicago, IL | $100K | 2022 |
| The Community Foundation Of Louisville IncRussell Place of Promise - Capital/Finance Model Development | Louisville, KY | $50K | 2022 |
| Piney Woods SchoolThe Restoration Retreat program | Piney Woods, MS | $30K | 2022 |
| Support The Port Foundation IncWilmingtoNColor, or Wilmington in Color | Wilmington, NC | $30K | 2022 |
| Duke UniversitySamuel DuBois Cook Center | Durham, NC | $30K | 2022 |