Dover Foundation Inc
Dover Foundation Inc is a private foundation based in Shelby, North Carolina, established in 1945 and granted tax-exempt status in December 1945. The foundation operates as a 501(c)(3) organization with the primary mission of supporting education, community development, and providing scholarships to enhance lives in the communities where it operates.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$21.3M
+6.6% YoY
Annual Giving
$1.1M
+15.2% YoY
Grant Count
61
-4.7% YoY
Avg Grant Size
$18K
+20.9% YoY
Mission & Focus Areas
The Dover Foundation's mission is to assist companies and their employees in becoming active members of the communities in which they operate. The foundation accomplishes this by supporting not-for-profit organizations, causes, and projects that benefit the community and environment, while complementing business interests. Additionally, the foundation provides educational scholarship opportunities for children of employees.
The foundation does not make contributions to religious organizations for religious purposes, political activities, non-qualified military veteran organizations, fraternal orders, labor groups, loans of any kind, or for trips, tours, dinners, tickets, or advertising. The foundation also does not donate equipment or products.
Primary funding areas include education, philanthropy, voluntarism and grantmaking, and human services.
Grantmaking
The foundation maintains active grant opportunities and accepts applications from qualified organizations.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in North Carolina, South Carolina, and Pennsylvania.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2024:
- Total assets: $21,297,049
- Total revenues: $691,824
- Total expenses: $1,372,371
- Investment income and dividends: $617,638
- Net gain from sale of non-inventory assets: $74,186
Staffing: 0 employees listed on tax filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $21,297,049 | $19,971,095 | $18,065,183 |
| Revenue | $691,824 | $996,552 | $313,764 |
| Expenses | $1,372,371 | $1,196,835 | $1,107,826 |
| Qualifying Distributions | $1,149,215 | $1,007,106 | $916,064 |
| Net Investment Income | $562,321 | $886,246 | $374,647 |
| Distributable Amount | $1,016,119 | $920,450 | $961,028 |
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
247 grants across all recorded years
Open Grants
1 open opportunity from Dover Foundation Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Amanda T. Gragg, Executive Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kathleen H Wilson | President | 1 | $4,300 |
| Justin Merritt | Director | 1 | $4,300 |
| Charles Hamrick | Treasurer | 1 | $4,300 |
| Mary Raudez | Director | 1 | $4,300 |
| Cynthia Buckingham | Director | 1 | $4,300 |
| Linton Suttle | Director | 1 | $4,000 |
| Dr Katie Borders | Secretary | 1 | $4,300 |
Recent News & Activity
Recent developments and announcements
The Dover Foundation announced updated grant application deadlines, indicating ongoing engagement with the grantmaking community and regular review of its application processes.
Dover Foundation announces updated grant application deadlinesRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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