Beaver Family Foundation Inc is a private independent foundation based in Hickory, North Carolina. Established in 1997 and tax-exempt since May 1998, the foundation operates as a grantmaking organization dedicated to philanthropic work in the Southeast. The foundation is also known as Abs Legacy Partners LLC.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$11.2M
-0.2% YoY
Annual Giving
$734K
+2.1% YoY
Grant Count
34
-17.1% YoY
Avg Grant Size
$22K
+23.2% YoY
Mission & Focus Areas
Mission Statement: The Beaver Family Foundation is committed to impartial grant making and rewarding deserving projects and organizations that meet its guidelines. The foundation accepts proposals for both general operating support and special projects.
Purpose: The foundation aims to foster humanitarian efforts that improve the quality of life for individuals or groups at the local and regional levels by furthering K-12 and higher education, the well-being of children, healthcare for all communities, and other nonprofit community projects that benefit the general public.
Primary Funding Areas:
- Education (K-12 and higher education)
- Human Services
- Philanthropy, Voluntarism & Grantmaking
- Animal welfare and rescue
- Community development projects
Grantmaking
The foundation made 33 grants in the most recent grant cycle, with total giving of $733,875 to $793,000 annually. Typical grant awards range from $500 to $282,505.
Review Cycle
, with total giving of $733,875 to $793,000 annually. Typical grant awards range from $500 to $282,505.
Grant Types
Ready to take the next step with Beaver Family Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- North Carolina (with particular emphasis on the Catawba Valley and Western North Carolina)
- Florida
- District of Columbia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2025:
- Total Assets: $11,239,170
- Total Revenues: $915,380
- Total Expenses: $940,102
- Total Giving: $733,875–$793,000
- Total Liabilities: $0
Historical Assets (2024):
- Total Assets: $11.3 million
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $11,239,170 | $11,263,892 | $11,333,789 |
| Revenue | $915,380 | $793,169 | $882,735 |
| Expenses | $940,102 | $902,275 | $1,051,980 |
| Qualifying Distributions | $879,400 | $842,742 | $993,411 |
| Net Investment Income | $863,432 | $744,863 | $836,447 |
| Distributable Amount | $969,532 | $903,321 | $864,238 |
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 2025
Grant Size Distribution
193 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DONALD C BEAVER | PRESIDENT | 1 | $4,500 |
| VICKIE BEAVER | DIRECTOR | 1 | $6,000 |
| DEBORAH B LOOPER | VICE PRESIDENT | 1 | $4,500 |
| DONNA MALONE | TREASURER | 1 | $4,500 |
| ANGELA B SIMMONS | SECRETARY | 1 | — |
| GRACE SIMMONS | DIRECTOR | 1 | $6,000 |
| BEAU SIMMONS | DIRECTOR | 1 | $4,500 |
Contact Information
Address: 2425 N Center Street, Suite 362 Hickory, NC 28601-1320
Phone: 828-325-0655
Website: abslegacypartners.com/beaver-f
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
The Hillbrook Gkp Iii Foundation Inc
GREENSBORO, NC
Assets
$32K
Grants
1
Total Given
$2K
Rotary Club of Salisbury Charities
SALISBURY, NC
Assets
$39K
Grants
1
Total Given
$50K
Ihope Foundation
GREENSBORO, NC
Assets
$10K
Grants
1
Total Given
$20K
Orange County Partnership for Young
HILLSBOROUGH, NC
Assets
$477K
Grants
18
Total Given
$2.1M
North Carolina Baptist Hospital
WINSTONSALEM, NC
Assets
$2.8B
Grants
17
Total Given
$634K
The Anne Shuford Mcbryde
ASHEVILLE, NC
Assets
$970K
Grants
19
Total Given
$49K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Beaver Family Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities