Private foundation (trust)EIN 810698838Est. 2018-05

SALT WATER FUND

LOUISVILLE, KY 40223

Total Assets

$12.1M

FY 2024

Annual Giving

$2.3M

FY 2024

Grants Made

8

FY 2024

Avg Grant

$292K

FY 2024

Grant Range

$10K–$1.1M

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Revenue

$1.1M

Total Expenses

$2.6M

Qualifying Distributions

$2.3M

Distributable Amount

$502K

Min. Investment Return

$517K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

8 grants

Grant sizes from minimum $10K through median $57K to maximum $1.1M, 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

7 years

Giving over time from 2017 to 2024. Peak $4.4M in 2022. Hover bars for details.

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

Top Recipients

59 grants

GLOW NC
$7.7M
5 grants
BEACON EDUCATION
$4.0M
4 grants
CAPE FEAR COLLECTIVE
$1.1M
2 grants
BOYS AND GIRLS CLUBS OF SOUTHEASTERN NORTH CAROLINA
$1.1M
1 grant
CAMP SEA GULL SEAFARER
$1.1M
2 grants
GRANDFATHER MOUNTAIN STEWARDSHIP FOUNDATION
$1M
1 grant
THE CROSSNORE SCHOOL
$403K
3 grants
COLLECTIVE IMPACT IN NEW HANOVER COUNTY INC
$400K
2 grants

Grant Size Distribution

59 grants

<$10K
19
grants
$10–50K
13
grants
$50–250K
14
grants
$250K–1M
9
grants
$1–5M
4
grants
$5M+

Geographic Focus

8 states

North Carolina
$18.6M
97% of total
Virginia
$318K
2% of total
Kentucky
$99K
1% of total
New York
$60K
0% of total
Georgia
$25K
0% of total
Illinois
$9K
0% of total
Connecticut
$2K
0% of total
Arizona
$1K
0% of total

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SALT WATER FUND — Grants, Financials & Contact | Grantivo