1218 Foundation

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.

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

8

-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

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+2 more states

Cities

AlamedaBainbrdige IslandBroomfieldDenverFort CollinsHumacaoHurstKansas CityKellerLubbockLyonsMurrayPlacervilleRncho CordovaSan AntonioTipp CityTulsaWestminster

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$231K$463K$694K$926K20202021202220232024
Metric202420232022
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

Giving Over Time

Total grant dollars and number of grants per year

$0$24K$49K$73K$97K9 grants20208 grants20218 grants202210 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

PALMAS COMMUNITY CHURCH$50KRIVER MINISTRIES$20KPALMAS COMMUNITY CHURCH$13KS Morgan$7KBAINBRIDGE BIBLE CHAPEL$3KLITTLE LEAGUE BASEBALL INC$2KACADEMY OF CHARTER SCHOO…$2KMurray High$1K

Grant Size Distribution

43 grants across all recorded years

42<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Palmas Community Church ($50,000), River Ministries ($20,000), Palmas Community Church ($13,000).

RecipientPurposeAmount
ACADEMY OF CHARTER SCHOOLS INC WESTMINSTER, COGeneral & Unrestricted$1,500
BAINBRIDGE BIBLE CHAPEL BAINBRDIGE ISLAND, WAGeneral & Unrestricted$3,000
LITTLE LEAGUE BASEBALL INC BROOMFIELD, COGeneral & Unrestricted$2,000
Murray High MURRAY, UTGeneral & Unrestricted$1,000
PALMAS COMMUNITY CHURCH HUMACAO, PRGeneral & Unrestricted$13,000
PALMAS COMMUNITY CHURCH HUMACAO, PRCharitable Event$50,000
RIVER MINISTRIES LYONS, COGeneral & Unrestricted$20,000
S Morgan Keller, TXShort-term Emergency Assistance Grant$6,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Anne SmithDir, Pres1
William SmithDir, Sec, Treas5

Subject Areas

Focus areas based on grantmaking activity

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.

What is 1218 Foundation's EIN?

1218 Foundation's EIN (Employer Identification Number) is 83-2228010. IRS Form 990 filing data is available on this page for 2020–2024.

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Browse active grant opportunities in 1218 Foundation's focus areas in our free grants database

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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