The foundation appears to focus its resources locally in Asheville and on supporting public housing provision. Its sole recorded grant is a large cash distribution to the Housing Authority of the City of Asheville, indicating a priority on sustaining municipal/public housing operations or capital needs. The foundation’s giving is targeted and pragmatic rather than broad or programmatic.
Highly concentrated: a single, large cash grant to a local public housing authority rather than multiple or diversified grantees.
$550K
$5.1M
$2.3M
$2.7M
Most grants fall between $550K and $550K, with a median of $550K.
25th Percentile
$550K
Median
$550K
75th Percentile
$550K
About 100% of grants go to recipients in NC.
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Notable grantees: Housing Authority of the City of Asheville
2023
Source: IRS Form 990-PF, fiscal year 2023.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| HOUSING AUTHORITY OF THE CITY OF ASHEVILLE | ASHEVILLE, NC | $550,000 | 2023 | CASH SURPLUS DISTRIBUTION |
HOUSING AUTHORITY OF THE CITY OF ASHEVILLE
$550,000CASH SURPLUS DISTRIBUTION