1218 Foundation

Foundation · Grantmaker Wilmington, DE EIN: 83-2228010

1218 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 8 grants totaling $97K. Net investment income was $2K.

Key facts about 1218 Foundation

EIN: 83-2228010
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $97,000
Grants made (2024): 8
Average grant: $12,125
Median grant: $4,750
Total assets: $1,827,384
Primary geography: PR (65% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who 1218 Foundation funds

By grant dollars, the top recipient states for 1218 Foundation's 8 itemized 2024 grants were PR (65%), Colorado (24%) and Texas (7%). The most frequent recipient cities were Humacao, PR (2 grants). 75% of grants with a stated purpose were for general or operating support.

How 1218 Foundation gives

Giving grew 522% from 2021 to 2024. Method
In 2024 it paid out 179% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with 1218 Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8M

-19.0% YoY

Annual Giving

$97K

+140.7% YoY

Grant Count

-20.0% YoY

Avg Grant Size

$12K

+200.9% YoY

Under IRS private-foundation payout rules, 1218 Foundation reported a distributable amount of $62K for 2024 — the minimum it must pay out in qualifying distributions.

About 1218 Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

PR $63K (65%)

Colorado $24K (24%)

Texas $7K (7%)

Washington $3K (3%)

Utah $1K (1%)

Share of all 8 itemized 2024 grant dollars.

States

California Colorado Missouri Ohio Oklahoma Pr Texas Utah Washington

Cities

LyonsHumacaoWestminsterMurrayDenverLubbockSan AntonioAlamedaBainbrdige IslandBroomfieldFort CollinsHurstKansas CityKellerPlacervilleRncho CordovaTipp CityTulsa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,827,384	$2,254,993	$1,643,210
Revenue	$-26,654	$82,321	$841,526
Expenses	$110,220	$60,478	$38,178
Qualifying Distributions	$110,220	$56,878	$35,072
Net Investment Income	$2,432	$82,321	$191,526
Distributable Amount	$61,523	$56,708	$28,441

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

43 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Palmas Community Church ($63,000 across 2 grants), River Ministries ($20,000), S Morgan ($6,500).

Recipient	Purpose	Amount
PALMAS COMMUNITY CHURCH Humacao, PR	Charitable Event	$50,000
RIVER MINISTRIES Lyons, CO	General & Unrestricted	$20,000
PALMAS COMMUNITY CHURCH Humacao, PR	General & Unrestricted	$13,000
S Morgan Keller, TX	Short-term Emergency Assistance Grant	$6,500
BAINBRIDGE BIBLE CHAPEL Bainbrdige Island, WA	General & Unrestricted	$3,000
LITTLE LEAGUE BASEBALL INC Broomfield, CO	General & Unrestricted	$2,000
ACADEMY OF CHARTER SCHOOLS INC Westminster, CO	General & Unrestricted	$1,500
Murray High Murray, UT	General & Unrestricted	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Anne Smith	Dir, Pres	1	—
William Smith	Dir, Sec, Treas	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is 1218 Foundation?

1218 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. It holds $1.8M in total assets as of 2024.

How large is 1218 Foundation?

As of 2024, 1218 Foundation holds $1.8M in total assets with $-26,654 in annual revenue. It awarded 8 grants totaling $97K in 2024.

Where does 1218 Foundation operate?

1218 Foundation has awarded grants in California, Colorado, Missouri, Ohio, Oklahoma, Pr, Texas, Utah, Washington.

What size grants does 1218 Foundation award?

In 2024, 1218 Foundation awarded 8 grants totaling $97K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is 1218 Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, 1218 Foundation reported a distributable amount of $62K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.