Futch Foundation Inc

Private foundation · Grantmaker Mars Hill, NC EIN: 31-1611588

Futch Foundation Inc is a private foundation, based in Mars Hill, NC. IRS filing data is available from 2020 through 2025. In 2025, it awarded 9 grants totaling $87K. Net investment income was $2K.

Futch Foundation Inc at a glance

In short: Futch Foundation Inc gave $87K across 9 grants in 2025 (avg $10K), top state North Carolina. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$87,412
+713.1% vs 2024
Grants made (2025)
9
-30.8% vs 2024
Average grant
$9,712
+1074.5% vs 2024
Median grant
$5,000
Primary geography
North Carolina (39% 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 Futch Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

Habitat for Humanity Cleveland: $29KHabitat for Humanity Cleveland$29KPisgah Legal Services Pisgah Legal Services: $23KPisgah Legal Services PisgahLegal Services$23KBluegrass Community & Technical College: $23KBluegrass Community &Technical College$23KBee City USA: $5KBee City USA$5KYWCA: $5KYWCA$5KLubec Memorial Library: $1KLubec Memorial Library$1KCystic Fibrosis Foundation Cystic Fibrosis Foundation: $500Cystic Fibrosis FoundationCystic Fibrosis Foundation$500Lubec Community Outreach Center: $500Lubec Community OutreachCenter$500Madison County Community Housing CO: $500Madison County CommunityHousing CO$500

The largest 2025 recipient was Habitat for Humanity Cleveland ($29K). Together the top 9 received $87K.

Grant Size Distribution

51 grants across all recorded years

51<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 51 grants of 51 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2025 grant dollars across all 9 itemized grants.

Cities

AshevilleLubecMarshallCharlotteLexingtonVersaillesAmericusCharlottesvilleDallasMars HillChapel HillCleveland

How Futch Foundation Inc gives

  • Giving grew 1565% from 2022 to 2025. Method
  • In 2025 it paid out well above 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

$0$25K$50K$75K$100K12 grants2020 11 grants2021 9 grants2022 9 grants2023 13 grants2024 9 grants2025

From 2020 to 2025, annual grant giving ranged from $5K (2022) to $87K (2025). In 2025 it made 9 grants totaling $87K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Habitat for Humanity Cleveland Cleveland, TNFinal Distribution$29,000
Pisgah Legal Services Pisgah Legal Services Asheville, NCANNUAL$23,314
Bluegrass Community & Technical College Lexington, KYFinal Distribution$22,598
Bee City USA Asheville, NCANNUAL$5,000
YWCA Asheville, NCAnnual Campaign$5,000
Lubec Memorial Library Lubec, MEANNUAL$1,000
Cystic Fibrosis Foundation Cystic Fibrosis Foundation Charlotte, NCANNUAL$500
Lubec Community Outreach Center Lubec, MEANNUAL$500
Madison County Community Housing CO Marshall, NCANNUAL$500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025—$1,845$90,966$87,4129$89,797$1,640$4,529
2024$89,609$9,709$11,584$10,75013$10,519$8,644$5,251
2023$91,484$3,615$7,771$5,5009$6,756$2,600$5,201
2022$95,640$1,394$7,535$5,2509$6,489$2,388$5,401
2021$101,781$10,877$18,226$15,75011$17,002$9,653$6,046
2020$109,130$6,176$18,840$16,20012—$4,819$6,672

Under IRS private-foundation payout rules, Futch Foundation Inc reported a distributable amount of $5K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Futch Foundation Inc is led by Judith Futch Judith Futch Judith, President on every filing since 2023; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Judith Futch Judith Futch Judith

    President

    On filings since 2023

    No compensation reported

  • Kelly Williams

    Board Member

    On filings since 2020

    No compensation reported

  • Priscilla Bright

    Board Member

    On filings since 2020

    No compensation reported

  • Robyn Slattery

    Board Member

    On filings since 2020

    No compensation reported

  • Rosemary Slattery

    Board Member

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Judith Futch (2020–2022) — President

Data from IRS Form 990 filings, 2020–2025. "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 Futch Foundation Inc

How much does Futch Foundation Inc give each year?

Futch Foundation Inc gave $87K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $11K across 13 grants.

What is Futch Foundation Inc's typical grant size?

Futch Foundation Inc's median grant in 2025 was $5,000, and its average grant was $9,712, across 9 grants on its 2025 IRS Form 990-PF.

Where does Futch Foundation Inc give grants?

Futch Foundation Inc's top state is North Carolina, with 39% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Tennessee (33%) and Kentucky (26%). The most frequent recipient cities were Asheville, NC (3 grants) and Lubec, ME (2 grants).

Does Futch Foundation Inc give general operating support?

Not in 2025: none of the 9 grants with a stated purpose on Futch Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Annual" (6 grants).

Who are Futch Foundation Inc's largest grantees?

Futch Foundation Inc's largest 2025 grantees include Habitat for Humanity Cleveland ($29,000), Pisgah Legal Services Pisgah Legal Services ($23,314) and Bluegrass Community & Technical College ($22,598), according to its 2025 IRS Form 990-PF. Together they received 86% of its itemized 2025 grant dollars.

How much is Futch Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Futch Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Futch Foundation Inc's EIN?

Futch Foundation Inc's EIN (Employer Identification Number) is 31-1611588. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in Futch Foundation Inc's focus areas in our free grants database

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Futch Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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