Foundation 28
Foundation 28 is a private foundation, based in Charlotte, NC. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 5 grants totaling $160K. Net investment income was $37K.
Foundation 28 at a glance
In short: Foundation 28 gave $160K across 5 grants in 2024 (avg $32K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $160,355
- +191.6% vs 2023
- Grants made (2024)
- 5
- +400.0% vs 2023
- Average grant
- $32,071
- -41.7% vs 2023
- Median grant
- $25,355
- Total assets
- $2,199,023
- +7.4% vs 2023
- Primary geography
- North Carolina (84% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Foundation 28 funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Impact Foundation ($65K). Together the top 5 received $160K.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 4 grants of 6 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
States
Cities
How Foundation 28 gives
- In 2024 it paid out 143% 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 2023 to 2024, annual grant giving ranged from $55K (2023) to $160K (2024). In 2024 it made 5 grants totaling $160K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Impact Foundation Charlotte, NC | General Support | $65,000 |
| West Blvd Ministry Charlotte, NC | General Support | $35,000 |
| Notre Dame High School Easton, PA | General Support | $25,355 |
| New City Church Charlotte, NC | General Support | $25,000 |
| Mission Triangle Raleigh, NC | General Support | $10,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,199,023 | $287,005 | $217,701 | $160,355 | 5 | $160,355 | $37,339 | $112,494 |
| 2023 | $2,047,098 | $2,250,500 | $203,402 | $55,000 | 1 | $55,000 | — | $9,469 |
Under IRS private-foundation payout rules, Foundation 28 reported a distributable amount of $112K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Foundation 28 is led by Amy Sandrene, President on every filing since 2023; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Amy Sandrene
President
On filings since 2023
10 hrs/week
No compensation reported
Lesley Pace
Director
On filings since 2023
1 hr/week
No compensation reported
Madison Stock
Director
On filings since 2023
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2023–2024. "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 Foundation 28
How much does Foundation 28 give each year?
Foundation 28 gave $160K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $55K across 1 grant.
What is Foundation 28's typical grant size?
Foundation 28's median grant in 2024 was $25,355, and its average grant was $32,071, across 5 grants on its 2024 IRS Form 990-PF.
Where does Foundation 28 give grants?
Foundation 28 gives mostly in North Carolina: 84% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Pennsylvania (16%). The most frequent recipient cities were Charlotte, NC (3 grants).
Does Foundation 28 give general operating support?
Yes: 100% of Foundation 28's 2024 grants with a stated purpose (5 of 5) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Foundation 28's largest grantees?
Foundation 28's largest 2024 grantees include Impact Foundation ($65,000), West Blvd Ministry ($35,000) and Notre Dame High School ($25,355), according to its 2024 IRS Form 990-PF. Together they received 78% of its itemized 2024 grant dollars.
How large is Foundation 28?
Foundation 28 reported $2.2M in total assets on its 2024 IRS Form 990-PF. It paid out $160K in qualifying distributions that year, against a required minimum of $112K (roughly 5% of its investment assets).
What is Foundation 28's EIN?
Foundation 28's EIN (Employer Identification Number) is 93-1854528. IRS Form 990 filing data is available on this page for 2023–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2024
Live grants for the work Foundation 28 funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Foundation 28's focus areas in our free grants database
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