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
Under IRS private-foundation payout rules, Beaver Family Foundation Inc reported a distributable amount of $970K for 2025 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2025 grants, the largest include Schwab Charitable Fund ($120,000), Humane Society of Catawba County ($100,000), Ashure Ministry ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A SAFE PLACE WRIGHTSVILLE BEACH, NC | GENERAL AND UNRESTRICTED | $8,000 |
| AIDS LEADERSHIP FOOTHILLS AREA ALLIANCE HICKORY, NC | GENERAL AND UNRESTRICTED | $10,000 |
| ARTS CULTURE CATAWBA HICKORY, NC | GENERAL AND UNRESTRICTED | $20,000 |
| ASHURE MINISTRY NEWTON, NC | EMERGENCY CRISIS FINANCIAL ASSISTANCE | $50,000 |
| CATAWBA COUNTY COUNCIL ON AGING INC HICKORY, NC | GENERAL AND UNRESTRICTED | $11,000 |
| CATAWBA COUNTY UNITED WAY HICKORY, NC | TEEN CHRISTMAS GIFTS | $7,500 |
| CATAWBA VALLEY LEADERSHIP FOUNDATION HICKORY, NC | GENERAL AND UNRESTRICTED | $10,000 |
| CENTRO LATINO HICKORY, NC | GENERAL AND UNRESTRICTED | $30,000 |
| CHILDREN'S FLIGHT OF HOPE RALEIGH, NC | GENERAL AND UNRESTRICTED | $20,000 |
| COUNCIL ON ADOLESCENTS OF CATAWBA HICKORY, NC | GENERAL AND UNRESTRICTED | $17,000 |
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
Frequently Asked Questions
What does Beaver Family Foundation Inc fund?
**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 a…
How do I apply for a grant from Beaver Family Foundation Inc?
**Grant Activity:** 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. **Recent Grants (2025):** • The Humane Society of Catawba County: $100,000 (General and Unrestricted) • Ashure Ministry: $50,000 (Emergency Crisis Financial Assistance) • Sabre Society of North Carolina: $25,000 (Refurbishment of 20 Military Aircrafts for the Aviation Museum) **Grant Types:** The foundation funds …
Where does Beaver Family Foundation Inc make grants?
The foundation primarily funds organizations in: • North Carolina (with particular emphasis on the Catawba Valley and Western North Carolina) • Florida • District of Columbia
What size grants does Beaver Family Foundation Inc award?
In 2025, Beaver Family Foundation Inc awarded 34 grants totaling $734K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is Beaver Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Beaver Family Foundation Inc reported a distributable amount of $970K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Beaver Family Foundation Inc's EIN?
Beaver Family Foundation Inc's EIN (Employer Identification Number) is 56-2028723. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Beaver Family Foundation Inc's focus areas in our free grants database
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
Flow Foundation Inc
WINSTONSALEM, NC
Assets
$395K
Grants
53
Total Given
$1.5M
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
Data last updated June 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
Go from researching Beaver Family Foundation Inc to a real strategy.