Anverse Inc is a private grantmaking foundation established in June 2001 and based in Cartersville, Georgia. The organization operates as both a family foundation and operating entity, maintaining a deliberate low public profile. The foundation was funded primarily by proceeds from the sale of Prestige Communications of NC Inc., a cable television company, to Adelphia for approximately $700 million in 2000.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$124.1M
+1.9% YoY
Annual Giving
$3.5M
-20.4% YoY
Grant Count
58
+1.8% YoY
Avg Grant Size
$61K
-21.7% YoY
Mission & Focus Areas
Anverse's philosophy emphasizes wanting "the focus to be on the organizations we assist and the people they are helping" rather than on the foundation itself.
Primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Cultural arts and infrastructure
- Museum activities
- Theater operations and programming
- Children's camps and enrichment programs
- Nonprofit support services
Grantmaking
Anverse does not accept unsolicited applications. The foundation maintains a selective, invitation-only approach to grantmaking.
Grant Range
$23 to $2,600,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
Primary funding focus is Georgia, with grants also made to organizations in Virginia, North Carolina, and Puerto Rico.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023-2024:
- Total assets: $121.7 million to $124.1 million
- Total revenues (2024): $22,074,656
- Total expenses (2024): $20,158,462
- Total liabilities: $321,000 (2023)
- Number of employees: 28
Tax Status: 501(c)(3) private grantmaking foundation; tax-exempt since June 2001; EIN: 58-2507031
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $124,093,148 | $121,749,919 | $131,666,371 |
| Revenue | $22,074,656 | $10,013,587 | $26,158,444 |
| Expenses | $20,158,462 | $20,023,458 | $16,345,132 |
| Qualifying Distributions | $19,667,124 | $19,072,918 | $24,600,507 |
| Net Investment Income | $7,213,684 | $1,780,852 | $6,211,877 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
200 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Georgia Museums Inc ($2,125,136), Fundacion Communitaria De Puerto Rico ($290,666), Cartersville Primary School ($200,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BARTOW COUNTY SCHOOL SYSTEM CARTERSVILLE, GA | SUPPORT OF RENAISSANCE PROGRAM AND REACH SCHOLARSHIP | $22,500 |
| BARTOW FAMILY RESOURCES CARTERSVILLE, GA | FUNDING FOR REPAIRS | $15,000 |
| BARTOW HEALTH ACCESS INC CARTERSVILLE, GA | PROGRAM GRANT AND EMPLOYEE MATCHING GRANT | $51,600 |
| BOYS AND GIRLS CLUB OF PIEDMONT INC STATESVILLE, NC | OPERATING GRANT | $25,000 |
| CARTERSVILLE SCHOOL SYSTEM CARTERSVILLE, GA | RENAISSANCE PROGRAM | $15,000 |
| CARTERSVILLE SCHOOLS FOUNDATION CARTERSVILLE, GA | GATE KEY SCHOLARSHIP SUPPORT | $10,000 |
| COMMUNITY FOUNDATION OF RAPPAHANNOCK FREDRICKSBURG, VA | FUNDING AGREEMENT FOR TECH | $6,000 |
| ETOWAH SCHOLARSHIP FOUNDATION CARTERSVILLE, GA | GRANT - OPERATIONS AND STAFF & EMPLOYEE MATCHING GRANT | $43,458 |
| FAUQUIER FREE CLINIC WARRENTON, VA | grant for floor replacement | $15,000 |
| FEEDNC MOORESVILLE, NC | GRANT -kitchen equipment and lawn equipment | $22,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- President: Jonathan J. Oscher
- Executive Director: Marty Sonenshine
- Directors: Mark Krider, Kim Martin
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LORRAINE MCCLAIN | VICE PRESIDENT | 1 | — |
| FORREST MCCLAIN | Secretary/Treasurer | 5 | — |
| DAVID AIKEN | Director | 1 | — |
| JONATHAN J OSCHER | PRESIDENT | 10 | — |
| MARTY SONENSHINE | EXECUTIVE DIRECTOR | 40 | $174,160 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Anverse Inc fund?
Anverse's philosophy emphasizes wanting "the focus to be on the organizations we assist and the people they are helping" rather than on the foundation itself. Primary funding areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Cultural arts and infrastructure • Museum activities • Theater operations and programming • Children's camps and enrichment programs • Nonprofit support services
How do I apply for a grant from Anverse Inc?
**Grant Activity (2023):** • Total annual giving: $4,444,362 • Number of grants: 57 • Grant range: $23 to $2,600,000 • Median grant amount: $12,000 **Application Process:** Anverse does not accept unsolicited applications. The foundation maintains a selective, invitation-only approach to grantmaking. **Grant Focus:** Most grants have supported organizations in Georgia, particularly in the Cartersville area, with funding directed toward after-school programs, homeless shelters, children's camps,…
Where does Anverse Inc make grants?
Primary funding focus is Georgia, with grants also made to organizations in Virginia, North Carolina, and Puerto Rico.
What size grants does Anverse Inc award?
In 2024, Anverse Inc awarded 58 grants totaling $3.5M — an average of about $61K per grant, based on its IRS Form 990 filings.
What is Anverse Inc's EIN?
Anverse Inc's EIN (Employer Identification Number) is 58-2507031. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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