Funder DirectorySUMMER REST FOUNDATION
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Private foundation (trust)EIN 566534008Est. 1999-03

SUMMER REST FOUNDATION

RALEIGH, NC 276286527

Total Assets

$9.7M

FY 2023

Annual Giving

$571K

FY 2023

Grants Made

15

FY 2023

Avg Grant

$38K

FY 2023

Grant Range

$2K–$200K

Typical

Deadlines

Applications

Focus Areas

Corporate Foundations

Financial Snapshot

2023 filing

Total Revenue

$725K

Total Expenses

$644K

Qualifying Distributions

$573K

Distributable Amount

$420K

Min. Investment Return

$429K

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

15 grants

Grant sizes from minimum $2K through median $15K to maximum $200K, 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

3 years

Giving over time from 2020 to 2023. Peak $571K in 2023. Hover bars for details.

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

Top Recipients

67 grants

EAST CAROLINA UNIVERSITY EDUCATIONAL FDN
$400K
2 grants
FELLOWSHIP OF CHRISTIAN ATHLETES
$145K
3 grants
RALEIGH RESCUE MISSION
$125K
2 grants
PORT CITY COMMUNITY CHURCH
$105K
2 grants
BOYS AND GIRLS CLUBS OF WAKE COUNTY
$90K
2 grants
WAKE FOREST UNIVERSITY
$72K
2 grants
WRIGHTSVILLE UNITED METHODIST CHURCH
$70K
3 grants
BRIGADE BOYS & GIRLS CLUB
$65K
3 grants

Grant Size Distribution

67 grants

<$10K
36
grants
$10–50K
25
grants
$50–250K
6
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

4 states

North Carolina
$1.5M
96% of total
Colorado
$35K
2% of total
Georgia
$20K
1% of total
District of Columbia
$15K
1% of total

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