Funder DirectoryThe Midgard Foundation
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Private foundation (trust)EIN 136206619Est. 1966-08

The Midgard Foundation

Asheville, NC 28802

Total Assets

$5.2M

FY 2024

Annual Giving

$271K

FY 2024

Grants Made

21

FY 2024

Avg Grant

$13K

FY 2024

Grant Range

$1K–$75K

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$650K

Total Expenses

$289K

Qualifying Distributions

$284K

Distributable Amount

$216K

Min. Investment Return

$225K

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

21 grants

Grant sizes from minimum $1K through median $3K to maximum $75K, 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

5 years

Giving over time from 2020 to 2024. Peak $271K in 2024. Hover bars for details.

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

Top Recipients

103 grants

Manna Food Bank
$153K
5 grants
ASHEVILLE ART MUSEUM
$130K
3 grants
Pisgah Legal Services
$83K
4 grants
Pisgah Legal Service
$75K
1 grant
Beloved Asheville
$54K
4 grants
UNIVERSITY OF NORTH CAROLINA AT ASHEVILLERW WEATHERHEAD SCHOLARSHIPS
$50K
3 grants
Asheville Humane Society
$49K
5 grants
UNCA Asheville
$40K
1 grant

Grant Size Distribution

103 grants

<$10K
85
grants
$10–50K
16
grants
$50–250K
2
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

9 states

North Carolina
$794K
85% of total
Massachusetts
$63K
7% of total
Connecticut
$25K
3% of total
Florida
$14K
1% of total
New Hampshire
$12K
1% of total
New Mexico
$8K
1% of total
Tennessee
$8K
1% of total
Montana
$7K
1% of total
Colorado
$2K
0% of total

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The Midgard Foundation — Grants, Financials & Contact | Grantivo