//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Summer Rest Foundation is a private trust based in RALEIGH, NC. The foundation received its IRS ruling in 1999. The principal officer is George C Turner. It holds total assets of $7.8M. Annual income is reported at $3.1M. Total assets have grown from $6.4M in 2011 to $7.8M in 2024. The foundation is governed by 5 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 2016 to 2024. Grantmaking is concentrated in North Carolina. According to available records, Summer Rest Foundation has made 70 grants totaling $1.5M, with a median grant of $10K. Annual giving has grown from $469K in 2020 to $1.1M in 2022. Individual grants have ranged from $2K to $200K, with an average award of $22K. The foundation has supported 39 unique organizations. Grants have been distributed to organizations in North Carolina and Colorado and Georgia. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$10K
Average Grant
$17K
Largest Grant
$100K
Based on 25 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.
Summer Rest Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 70 grants. Its grantmaking reaches organizations primarily in NC, CO, GA.
Summer Rest Foundation has distributed a total of $1.5M across 70 grants. The median grant size is $10K, with an average of $22K. Individual grants have ranged from $2K to $200K.
Summer Rest Foundation typically selects its grantees rather than accepting unsolicited proposals.
Summer Rest Foundation is headquartered in RALEIGH, NC. While based in NC, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tish Turner | EXECUTIVE DIRECTOR | $0 | $0 | N/A |
| Todd Turner | TREASURER | $0 | $0 | N/A |
| George Turner | TRUSTEE | $0 | $0 | N/A |
| Jay G Loftin Jr | TRUSTEE | $0 | $0 | N/A |
| Sue M Turner | BOARD CHAIR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$7.8M
Fair Market Value
N/A
Net Worth
$7.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
70
Total Giving
$1.5M
Average Grant
$22K
Median Grant
$10K
Unique Recipients
39
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| East Carolina University Educational FdnEDUCATIONAL | Greenville, NC | $200K | 2022 |
| Fellowship Of Christian AthletesGENERAL SUPPORT | Raleigh, NC | $61K | 2022 |
| Institute For Faith And FamilyGENERAL SUPPORT | Raleigh, NC | $50K | 2022 |
| Boys And Girls Clubs Of Wake CountyGENERAL SUPPORT | Raleigh, NC | $40K | 2022 |
| Wrightsville United Methodist ChurchCHARITABLE | Wrightsville Beach, NC | $30K | 2022 |
| National Christian FoundationTHE DANNY LOTZ SCHOLARSHIP FUND | Raleigh, NC | $25K | 2022 |
| Focus On The FamilyGENERAL SUPPORT | Colorado Springs, CO | $15K | 2022 |
| Brigade Boys & Girls ClubGENERAL SUPPORT | Wilmington, NC | $15K | 2022 |
| Center For Christian Thought WilmingtonCHARITABLE | Wilmington, NC | $15K | 2022 |
| Neighbor To NeighborGENERAL SUPPORT | Raleigh, NC | $12K | 2022 |
| Wbs FoundationCHARITABLE | Wrightsville Beach, NC | $10K | 2022 |
| Elam MinistriesGENERAL SUPPORT | Alpharetta, GA | $10K | 2022 |
| Mother Hubbard'S CupboardGENERAL SUPPORT | Wilmington, NC | $10K | 2022 |
| Good Shepard CenterGENERAL SUPPORT | Wilmington, NC | $10K | 2022 |
| Friends Of Scouting Occoneechee Council Boys Scouts Of AmericaCHARITABLE | Raleigh, NC | $10K | 2022 |
| East Carolina UniversitySCHOLARSHIP | Greenville, NC | $5K | 2022 |
| The Salvation Army Of Cape FearGENERAL SUPPORT | Wilmington, NC | $5K | 2022 |
| Cape Fear Community CollegeSCHOLARSHIP | Wilmington, NC | $3K | 2022 |
| Wake Forest UniversitySCHOLARSHIP | Winstonsalem, NC | $70K | 2020 |
| Port City Community ChurchGENERAL SUPPORT | Wilmington, NC | $45K | 2020 |
| Raleigh Rescue MissionCHARITABLE | Raleigh, NC | $25K | 2020 |
| Inter-Faith Food ShuttleGENERAL SUPPORT | Raleigh, NC | $20K | 2020 |
| Boys & Girls Homes Of North CarolinaGENERAL SUPPORT | Lake Waccamaw, NC | $20K | 2020 |
| Hospitality House Of NorthwestGENERAL SUPPORT | Boone, NC | $10K | 2020 |
| Heart And Hands For HaitiGENERAL SUPPORT | Raleigh, NC | $10K | 2020 |