Giving with Grace Foundation logo

Giving with Grace Foundation

Foundation · Grantmaker Cornelius, NC EIN: 87-4095785 Website

Giving with Grace Foundation is a 501(c)(3) private foundation based in Cornelius, North Carolina. Established in 2022, the foundation was created by Robin and Jack Salzman, former owners of Lake Norman Chrysler Dodge Jeep Ram, as an extension of their philanthropic work following the sale of their dealerships. The foundation accepts donations and provides grants to local nonprofit organizations.

Key facts about Giving with Grace Foundation

EIN
87-4095785
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,052,295
Grants made (2024)
89
Average grant
$23,059
Median grant
$6,000
Total assets
$19,710,106
Primary geography
North Carolina (95% of itemized 2024 grant dollars)
How to apply
Nonprofits can submit applications through an online form on the foundation's website, providing organization details, contact information, requested grant amount, and explanation of how the grant would help the… Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Giving with Grace Foundation funds

By grant dollars, the top recipient states for Giving with Grace Foundation's 89 itemized 2024 grants were North Carolina (95%). The most frequent recipient cities were Charlotte, NC (12 grants), Cornelius, NC (8 grants), Mooresville, NC (7 grants) and Gastonia, NC (5 grants). None of its 89 grants with a stated purpose were described as general or operating support. Recurring purposes include "Animal Rescue" (38 grants), "Spay/Neuter Program" (6 grants) and "Community" (4 grants).

How Giving with Grace Foundation gives

  • 35% of 2024 grantees were also funded in 2023. Method
  • In 2024 it paid out 211% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Giving with Grace Foundation

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$19.7M

-2.8% YoY

Annual Giving

$2.1M

+143.4% YoY

Grant Count

89

+74.5% YoY

Avg Grant Size

$23K

+39.5% YoY

Under IRS private-foundation payout rules, Giving with Grace Foundation reported a distributable amount of $975K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: To reflect, repay, and reinforce kindness and compassion in the community by supporting the work of local nonprofit organizations.

Primary Funding Areas:

  • Animals in need
  • Women and children in crisis
  • Human services
  • Education
  • Philanthropy and voluntarism

Grantmaking

The foundation operates an annual grant program distributing $250,000 through ten $25,000 grants. Recipients are announced each January at the Annual Gifting Luncheon, with applications due October 31 annually via online portal.

Grant Range

** $25,000 to $361,000

Review Cycle

to announcement

How to Apply

** Nonprofits can submit applications through an online form on the foundation's website, providing organization details, contact information, requested grant amount, and explanation of how the grant would help the organization.

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Geographic Focus

Where this funder awards grants

Lake Norman area, North Carolina, with primary focus on Iredell and Mecklenburg counties. The foundation also funds organizations in South Carolina and Vermont.

Grant Distribution by State

11states

Share of all 89 itemized 2024 grant dollars.

Cities

CharlotteCorneliusMooresvilleGastoniaHuntersvilleConcordMonroeBelmontDenverIndian TrailStatesvilleAshevilleDavidsonFort MillLymanMaidenMemphisShelbyWadesboroWinston Salem

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total assets: $19,710,106
  • Total giving: $2,052,295
  • Total revenues: $734,475
  • Total expenses: $2,164,408
  • Investment income and dividends: $669,541
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$11M$16M$22M2021202220232024
Metric202420232022
Total Assets$19,710,106$20,274,979$1,106,268
Revenue$734,475$19,976,568$202,707
Expenses$2,164,408$856,560$96,439
Qualifying Distributions$2,052,295$843,275$96,320
Net Investment Income$701,992$21,186$14,443
Distributable Amount$974,874$526,219$49,113

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$513K$1M$2M$2M0 grants20211 grants202251 grants202389 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Least of These Carolinas Inc: $361KLeast of These Carolinas Inc$361KMake-a-Wish Foundation of Central and Western North Carolina Inc: $250KMake-a-Wish Foundation ofCentral and Western North…$250KHoly Angels Foundation Inc: $113KHoly Angels Foundation Inc$113KHumane Society of Charlotte Inc: $100KHumane Society of CharlotteInc$100KLake Norman Humane Inc: $100KLake Norman Humane Inc$100KHelping Animals to Survive: $73KHelping Animals to Survive$73KFriends of the Anson County Animal Shelter: $72KFriends of the Anson CountyAnimal Shelter$72KDove House Childrens Advocacy Center: $60KDove House Childrens AdvocacyCenter$60KParkins Pawcab: $56KParkins Pawcab$56KStand for Animals: $55KStand for Animals$55K

Grant Size Distribution

141 grants across all recorded years

125<$50K11$50–100K3$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Least of These Carolinas Inc ($361,000), Make-a-Wish Foundation of Central and Western North Carolina Inc ($250,000), Holy Angels Foundation Inc ($112,500).

RecipientPurposeAmount
LEAST OF THESE CAROLINAS INC Gastonia, NCFOSTER CHILDREN$361,000
MAKE-A-WISH FOUNDATION OF CENTRAL AND WESTERN NORTH CAROLINA INC Charlotte, NCCHILDREN WITH LIFE-THREATENING ILLNESSES$250,000
HOLY ANGELS FOUNDATION INC Belmont, NCCARE FOR THE DIFFERENTLY ABLED$112,500
HUMANE SOCIETY OF CHARLOTTE INC Charlotte, NCANIMAL RESCUE$100,000
LAKE NORMAN HUMANE INC Mooresville, NCANIMAL RESCUE$100,000
HELPING ANIMALS TO SURVIVE Denver, NCANIMAL RESCUE$72,595
FRIENDS OF THE ANSON COUNTY ANIMAL SHELTER Wadesboro, NCANIMAL RESCUE$71,500
DOVE HOUSE CHILDRENS ADVOCACY CENTER Statesville, NCCHILD VICTIMS OF ABUSE$60,000
PARKINS PAWCAB Concord, NCANIMAL RESCUE$55,500
STAND FOR ANIMALS Charlotte, NCANIMAL RESCUE$55,000

Leadership & Key People

Leadership team and compensation from IRS filings

Robin and Jack Salzman, founders

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Robin SalzmanPresident1—
Jack SalzmanVice President1—
Lawrence Shaheen JrSecretary1—
James GodfreyTreasurer1—

Recent News & Activity

Recent developments and announcements

2025

The foundation held its 2025 Annual Gifting Luncheon awarding $250,000 in grants to local nonprofits. The foundation announced that applications are open for its $25,000 grant program. The foundation established the Giving with Grace Spay and Neuter Clinic in partnership with Lake Norman Humane. The foundation presented a Thanksgiving Breakfast fundraiser event.

2024 Gifting Luncheon: 10 Nonprofits Will Receive $25,000 Grants

Contact Information

Address: 20917 Bethelwood Lane, Cornelius, NC 28031

Phone: (704) 506-0147

Website: https://www.givingwithgrace.org/

Frequently Asked Questions

What does Giving with Grace Foundation fund?

**Mission:** To reflect, repay, and reinforce kindness and compassion in the community by supporting the work of local nonprofit organizations. **Primary Funding Areas:** • Animals in need • Women and children in crisis • Human services • Education • Philanthropy and voluntarism

How do I apply for a grant from Giving with Grace Foundation?

Nonprofits can submit applications through an online form on the foundation's website, providing organization details, contact information, requested grant amount, and explanation of how the grant would help the… Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does Giving with Grace Foundation make grants?

Lake Norman area, North Carolina, with primary focus on Iredell and Mecklenburg counties. The foundation also funds organizations in South Carolina and Vermont.

What size grants does Giving with Grace Foundation award?

In 2024, Giving with Grace Foundation awarded 89 grants totaling $2.1M — an average of about $23K per grant, based on its IRS Form 990 filings.

How much is Giving with Grace Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Giving with Grace Foundation reported a distributable amount of $975K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Giving with Grace Foundation's EIN?

Giving with Grace Foundation's EIN (Employer Identification Number) is 87-4095785. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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