Broomtree Foundation
Broomtree Foundation is a private foundation, based in Cornelius, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3.3M in total assets. In 2025, it awarded 8 grants totaling $418K. Net investment income was $279K.
Broomtree Foundation at a glance
In short: Broomtree Foundation gave $418K across 8 grants in 2025 (avg $52K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $418,400
- -20.2% vs 2024
- Grants made (2025)
- 8
- +100.0% vs 2024
- Average grant
- $52,300
- -60.1% vs 2024
- Median grant
- $15,000
- Total assets
- $3,257,121
- -2.2% vs 2024
- Primary geography
- North Carolina (99% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Broomtree Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Current Church ($250K). Together the top 8 received $418K.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was under $50K: 22 grants of 34 (65%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
How Broomtree Foundation gives
- Giving grew 52% from 2022 to 2025. Method
- In 2025 it paid out 207% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $201K (2019) to $525K (2024). In 2025 it made 8 grants totaling $418K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Current Church Mooresville, NC | To Further Christian Ministries | $250,000 |
| Multiply Church Org N Concord, NC | To Further Christian Ministries | $80,000 |
| Church of New Hope Matthews, NC | To Further Christian Ministries | $40,000 |
| Thrive Worship Ctr Concord, NC | To Further Christian Ministries | $15,000 |
| Faith Mem Baptist Ch Charlotte, NC | To Further Christian Ministries | $15,000 |
| Freedom House Ch Charlotte, NC | To Further Christian Ministries | $15,000 |
| Here's Life Africa Plano, TX | To Further Christian Ministries | $2,400 |
| His Heart Missions Mooresville, NC | To Further Christian Ministries | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,257,121 | $554,773 | $444,232 | $418,400 | 8 | $418,400 | $278,646 | $201,760 |
| 2024 | $3,329,411 | $233,884 | $545,152 | $524,500 | 4 | $524,500 | $213,232 | $192,986 |
| 2023 | $3,641,368 | $122,269 | $257,911 | $232,000 | 7 | $232,000 | $116,082 | $207,760 |
| 2022 | $3,777,913 | $445 | $299,045 | $275,000 | 8 | $275,000 | $103,912 | $224,724 |
| 2021 | $4,107,075 | $358,407 | $308,906 | $280,900 | 7 | — | $330,401 | $249,411 |
| 2020 | $4,149,906 | $444,622 | $244,731 | $219,070 | 10 | — | $219,932 | $229,213 |
| 2019 | $3,853,512 | $591,112 | $228,175 | $201,460 | 12 | — | $87,940 | $215,364 |
Under IRS private-foundation payout rules, Broomtree Foundation reported a distributable amount of $202K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Broomtree Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Autumn Provenzano
Director
On filings since 2019
No compensation reported
Gregory Provenzano
Director
On filings since 2019
No compensation reported
Sheryl Provenzano
Director
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Broomtree Foundation
How much does Broomtree Foundation give each year?
Broomtree Foundation gave $418K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $525K across 4 grants.
What is Broomtree Foundation's typical grant size?
Broomtree Foundation's median grant in 2025 was $15,000, and its average grant was $52,300, across 8 grants on its 2025 IRS Form 990-PF.
Where does Broomtree Foundation give grants?
Broomtree Foundation gives mostly in North Carolina: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Mooresville, NC (2 grants) and Charlotte, NC (2 grants).
Does Broomtree Foundation give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Broomtree Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Further Christian Ministries" (8 grants).
Who are Broomtree Foundation's largest grantees?
Broomtree Foundation's largest 2025 grantees include Current Church ($250,000), Multiply Church Org ($80,000) and Church of New Hope ($40,000), according to its 2025 IRS Form 990-PF. Together they received 88% of its itemized 2025 grant dollars.
How large is Broomtree Foundation?
Broomtree Foundation reported $3.3M in total assets on its 2025 IRS Form 990-PF. It paid out $418K in qualifying distributions that year, against a required minimum of $202K (roughly 5% of its investment assets).
What is Broomtree Foundation's EIN?
Broomtree Foundation's EIN (Employer Identification Number) is 46-1592255. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS March 9, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 15, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 14, 2026)
- IRS filings on file for fiscal years 2019–2025
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Browse active grant opportunities in Broomtree Foundation's focus areas in our free grants database
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