John V and Teri L Sutton Jr Private

Foundation · Grantmaker OCEAN ISLE BEACH, NC EIN: 31-1471960

John V and Teri L Sutton Jr Private is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OCEAN ISLE BEACH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $722K in total assets. In 2024, it awarded 1 grants totaling $6K. Net investment income was $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$722K

-3.6% YoY

Annual Giving

$6K

-64.7% YoY

Grant Count

1

-80.0% YoY

Avg Grant Size

$6K

+76.5% YoY

Under IRS private-foundation payout rules, John V and Teri L Sutton Jr Private reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

About John V and Teri L Sutton Jr Private

Based on IRS filings

John V and Teri L Sutton Jr Private is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OCEAN ISLE BEACH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $722K in total assets. In 2024, it awarded 1 grants totaling $6K. Net investment income was $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BoliviaFayettevilleHagerstownHamptonMillcreekNassauOcean Isle BeachShallotteSouthportSupplyWilmington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$31K$61K$92K$122K20202021202220232024
Metric202420232022
Total Assets$721,744$748,660$765,979
Revenue$-20,139$606$225
Expenses$6,777$17,925$13,942
Qualifying Distributions$6,000$17,000$11,600
Net Investment Income$2,469$606$225
Distributable Amount$4,214$4,835$5,762

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$12K$17K$23K1 grants20206 grants20215 grants20225 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

FREEDOM CHRISTIAN$6K

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$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 Freedom Christian ($6,000).

RecipientPurposeAmount
FREEDOM CHRISTIAN FAYETTEVILLE, NCEDUCATION$6,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
J MATT SUTTONDIRECTOR/SEC1
PATTI HUGHESBOARD MEMBER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is John V and Teri L Sutton Jr Private?

John V and Teri L Sutton Jr Private is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OCEAN ISLE BEACH, NC. It holds $722K in total assets as of 2024.

How large is John V and Teri L Sutton Jr Private?

As of 2024, John V and Teri L Sutton Jr Private holds $722K in total assets with $-20,139 in annual revenue. It awarded 1 grants totaling $6K in 2024.

Where does John V and Teri L Sutton Jr Private operate?

John V and Teri L Sutton Jr Private has awarded grants in Maryland, North Carolina, New York, Utah, Virginia.

What size grants does John V and Teri L Sutton Jr Private award?

In 2024, John V and Teri L Sutton Jr Private awarded 1 grants totaling $6K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is John V and Teri L Sutton Jr Private required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, John V and Teri L Sutton Jr Private reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is John V and Teri L Sutton Jr Private's EIN?

John V and Teri L Sutton Jr Private's EIN (Employer Identification Number) is 31-1471960. IRS Form 990 filing data is available on this page for 2020–2024.

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

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