Private foundation (trust)EIN 812188516Est. 2016-11

PROJECT 58

LEXINGTON, NC 27292

Total Assets

$2.1M

FY 2024

Annual Giving

$8K

FY 2024

Grants Made

7

FY 2024

Avg Grant

$1K

FY 2024

Grant Range

$480–$2K

Typical

Deadlines

Applications

Focus Areas

Religion-Related

Financial Snapshot

2024 filing

Total Revenue

$15K

Total Expenses

$269K

Qualifying Distributions

$8K

Distributable Amount

$102K

Min. Investment Return

$103K

Payout rate 8%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.8%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

7 grants

Grant sizes from minimum $480 through median $800 to maximum $2K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2021 to 2024. Peak $1.4M in 2021. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

94 grants

HOPE CITY CHURCH
$1.4M
2 grants
GOSPEL MUSIC ASSOCIATION FOUNDTIONS
$250K
1 grant
HOPE CITY
$93K
1 grant
MISC
$86K
1 grant
HANDS AND FEET PROJECT
$75K
2 grants
LOVE LIFE
$70K
2 grants
HANDS & FEETS PROJECT
$36K
1 grant
MUSEUM OF THE BIBLE
$30K
3 grants

Grant Size Distribution

94 grants

<$10K
82
grants
$10–50K
7
grants
$50–250K
4
grants
$250K–1M
$1–5M
1
grants
$5M+

Geographic Focus

12 states

North Carolina
$2.1M
90% of total
Tennessee
$131K
6% of total
District of Columbia
$30K
1% of total
South Carolina
$18K
1% of total
Texas
$11K
0% of total
Alabama
$10K
0% of total
Florida
$9K
0% of total
Colorado
$5K
0% of total
Mississippi
$5K
0% of total
New York
$3K
0% of total

+2 more states

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PROJECT 58 — Grants, Financials & Contact | Grantivo