Breedlove Foundation Im 020120186528

HENDERSONVILLE, NC EIN: 57-1005761

Breedlove Foundation Im 020120186528 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HENDERSONVILLE, NC. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grants totaling $1K. Net investment income was $129K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$1K

-100.0% YoY

Grant Count

-95.2% YoY

Avg Grant Size

$1K

-99.1% YoY

Under IRS private-foundation payout rules, Breedlove Foundation Im 020120186528 reported a distributable amount of $248K for 2022 — the minimum it must pay out in qualifying distributions.

About Breedlove Foundation Im 020120186528

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

South Carolina $3.0M (100%)

Virginia $1K (0%)

States

South Carolina Virginia

Cities

BeaufortBlufftonFalls ChurchHilton Head Island

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2022	2021	2020
Total Assets	—	$10,157,953	$10,733,604
Revenue	$281,070	$1,886,782	$505,108
Expenses	$152,717	$2,434,740	$889,028
Qualifying Distributions	$1,000	—	—
Net Investment Income	$129,353	$1,739,042	$351,992
Distributable Amount	$247,820	$706,679	$658,760

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2022

Grant Size Distribution

43 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Literary Council of Northern Va ($1,000).

Recipient	Purpose	Amount
LITERARY COUNCIL OF NORTHERN VA FALLS CHURCH, VA	GENERAL UNRESTRICTED	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

Name	Title	Hours	Compensation
JUNE W SCHIMPF	CHAIRWOMAN	1	—
AN L GROSSHUESCH	SECRETARY	2	—
C THOMAS DEWITT	TREASURER	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Breedlove Foundation Im 020120186528?

Breedlove Foundation Im 020120186528 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HENDERSONVILLE, NC. It holds — in total assets as of 2022.

Where does Breedlove Foundation Im 020120186528 operate?

Breedlove Foundation Im 020120186528 has awarded grants in South Carolina, Virginia.

What size grants does Breedlove Foundation Im 020120186528 award?

In 2022, Breedlove Foundation Im 020120186528 awarded 1 grants totaling $1K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Breedlove Foundation Im 020120186528 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Breedlove Foundation Im 020120186528 reported a distributable amount of $248K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Breedlove Foundation Im 020120186528's EIN?

Breedlove Foundation Im 020120186528's EIN (Employer Identification Number) is 57-1005761. IRS Form 990 filing data is available on this page for 2020–2022.