Foundation for the Development of

CHARLOTTE, NC EIN: 20-4201085

Foundation for the Development of is a private foundation focused on Health, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $103K in total assets. In 2024, it awarded 3 grants totaling $216K. Net investment income was $53K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$103K

+97.1% YoY

Annual Giving

$216K

+19.0% YoY

Grant Count

3

-25.0% YoY

Avg Grant Size

$72K

+58.7% YoY

Under IRS private-foundation payout rules, Foundation for the Development of reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Foundation for the Development of

Based on IRS filings

Foundation for the Development of is a private foundation focused on Health, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $103K in total assets. In 2024, it awarded 3 grants totaling $216K. Net investment income was $53K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

ArlingtonKansas City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$75K$150K$225K$300K20202021202220232024
Metric202420232022
Total Assets$103,267$52,381$26,579
Revenue$272,484$215,045$162,823
Expenses$221,598$189,243$193,750
Qualifying Distributions$215,700$181,200$187,950
Net Investment Income$53,006$6,153$90,175
Distributable Amount$3,160$4,266$3,129

Giving Over Time

Total grant dollars and number of grants per year

$0$54K$108K$162K$216K1 grants20201 grants20211 grants20224 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

FUNDACION AYUDA A LAS CO…$132KFUNDACION AYUDA A LAS CO…$64KROCK'S MEDICAL OUTREACH$20K

Grant Size Distribution

10 grants across all recorded years

4<$50K1$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Fundacion Ayuda a Las Comunidades Rurales - Costa Rica ($132,100), Fundacion Ayuda a Las Comunidades Rurales - Honduras ($63,600), Rock's Medical Outreach ($20,000).

RecipientPurposeAmount
ROCK'S MEDICAL OUTREACH ARLINGTON, TXPROVIDES QUALITY MEDICAL CARE, MEDICINES AND MEDICAL SUPPLIES IN THE US AND DEVELOPING NATIONS.$20,000
FUNDACION AYUDA A LAS COMUNIDADES RURALES - HONDURAS RURAL DEVELOPMENT, FOOD, WATER, EDUCATION, MEDICAL CARE & SUPPLIES$63,600
FUNDACION AYUDA A LAS COMUNIDADES RURALES - COSTA RICA RURAL DEVELOPMENT, FOOD, WATER, EDUCATION, MEDICAL CARE & SUPPLIES$132,100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RICHARD K FOWLERCHAIRMAN & DIRECTOR1
HELEN P FOWLERPRESIDENT & DIRECTOR1
BRYAN K FOWLERSEC/TREAS & DIRECTOR1
MARTIN P FOWLERVICE PRES & DIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Foundation for the Development of?

Foundation for the Development of is a private foundation focused on Health, based in CHARLOTTE, NC. It holds $103K in total assets as of 2024.

How large is Foundation for the Development of?

As of 2024, Foundation for the Development of holds $103K in total assets with $272K in annual revenue. It awarded 3 grants totaling $216K in 2024.

Where does Foundation for the Development of operate?

Foundation for the Development of has awarded grants in Missouri, Texas.

What size grants does Foundation for the Development of award?

In 2024, Foundation for the Development of awarded 3 grants totaling $216K — an average of about $72K per grant, based on its IRS Form 990 filings.

How much is Foundation for the Development of required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Foundation for the Development of reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Foundation for the Development of's EIN?

Foundation for the Development of's EIN (Employer Identification Number) is 20-4201085. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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