Mitchell County Development Foundation

Foundation · Grantmaker Spruce Pine, NC EIN: 56-2262436

TO PROMOTE IN THE ECONOMIC DEVELOPMENT OF LOCAL MITCHELL COUNTY COMMUNITIES

Key facts about Mitchell County Development Foundation

EIN
56-2262436
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$1,180,500
Grants made (2025)
40
Average grant
$29,513
Median grant
$22,150
Total assets
$748,451
Primary geography
North Carolina (98% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Mitchell County Development Foundation funds

By grant dollars, the top recipient states for Mitchell County Development Foundation's 40 itemized 2025 grants were North Carolina (98%). The most frequent recipient cities were Spruce Pine, NC (18 grants), Bakersville, NC (15 grants) and Green Mountain, NC (2 grants). None of its 40 grants with a stated purpose were described as general or operating support. Recurring purposes include "Hurricane Helene Relief" (40 grants).

Next steps with Mitchell County Development Foundation

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$748K

-17.9% YoY

Annual Giving

$1.2M

Grant Count

40

Avg Grant Size

$30K

About Mitchell County Development Foundation

Based on IRS filings

Mitchell County Development Foundation is a nonprofit organization focused on Arts, Culture & Humanities, based in Spruce Pine, NC. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $748K in total assets. In 2025, it awarded 40 grants totaling $1.2M.

Your AI grants department

Ready to take the next step with Mitchell County Development Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 40 itemized 2025 grant dollars.

Cities

Spruce PineBakersvilleGreen MountainBurnsvilleJohnson CityLittle SwitzerlandPineolaSpindale

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$364K$728K$1M$1M20242025
Metric20252024
Total Assets$748,451$912,007
Revenue$1,157,894$201,800
Expenses$1,323,207$62,529
Qualifying Distributions——
Net Investment Income$-85,507$69
Distributable Amount——

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2025 (received by the IRS February 6, 2026)

Giving Over Time

Total grant dollars and number of grants per year

$0$295K$590K$885K$1M0 grants202440 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

DT Niven Enterprises Inc: $60KDT Niven Enterprises Inc$60KGem City: $60KGem City$60KHardings Landscape & Maintenancein: $60KHardings Landscape &Maintenancein$60KHefs Inc: $60KHefs Inc$60KLynn Peterson Store: $60KLynn Peterson Store$60KMorgan Oil Company: $60KMorgan Oil Company$60KNiven Properties Inc: $55KNiven Properties Inc$55KBlue Ridge Outdoor Adventures: $50KBlue Ridge Outdoor Adventures$50KD & S Propane LLC: $50KD & S Propane LLC$50KLong Range Ballistics: $50KLong Range Ballistics$50K

Grant Size Distribution

40 grants across all recorded years

27<$50K13$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include DT Niven Enterprises Inc ($60,000), Gem City ($60,000), Hardings Landscape & Maintenancein ($60,000).

RecipientPurposeAmount
DT NIVEN ENTERPRISES INC Spruce Pine, NCHURRICANE HELENE RELIEF$60,000
GEM CITY Spruce Pine, NCHURRICANE HELENE RELIEF$60,000
HARDINGS LANDSCAPE & MAINTENANCEIN Spruce Pine, NCHURRICANE HELENE RELIEF$60,000
HEFS INC Spruce Pine, NCHURRICANE HELENE RELIEF$60,000
LYNN PETERSON STORE Green Mountain, NCHURRICANE HELENE RELIEF$60,000
MORGAN OIL COMPANY Bakersville, NCHURRICANE HELENE RELIEF$60,000
NIVEN PROPERTIES INC Spruce Pine, NCHURRICANE HELENE RELIEF$55,000
BLUE RIDGE OUTDOOR ADVENTURES Bakersville, NCHURRICANE HELENE RELIEF$50,000
D & S PROPANE LLC Bakersville, NCHURRICANE HELENE RELIEF$50,000
LONG RANGE BALLISTICS Bakersville, NCHURRICANE HELENE RELIEF$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2025 IRS filing

NameTitleHoursCompensation
Lee EllisTreasurer2—
Charles VinesVice President2—
Jeff GougePresident2—
Sandra BuchananSecretary——
John BoydBoard Member——
Chad CalhounBoard Member——
Allen CookBoard Member——
Chris GentryBoard Member——
Jeff HardingBoard Member——
Phillip HiseBoard Member——
Keith HoltsclawBoard Member——
Van PhillipsBoard Member——
Sharon RowlandBoard Member——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Mitchell County Development Foundation?

Mitchell County Development Foundation is a nonprofit organization focused on Arts, Culture & Humanities, based in Spruce Pine, NC. It holds $748K in total assets as of 2025.

How large is Mitchell County Development Foundation?

As of 2025, Mitchell County Development Foundation holds $748K in total assets with $1.2M in annual revenue. It awarded 40 grants totaling $1.2M in 2025.

Where does Mitchell County Development Foundation operate?

Mitchell County Development Foundation has awarded grants in North Carolina, Tennessee.

What size grants does Mitchell County Development Foundation award?

In 2025, Mitchell County Development Foundation awarded 40 grants totaling $1.2M — an average of about $30K per grant, based on its IRS Form 990 filings.

What is Mitchell County Development Foundation's EIN?

Mitchell County Development Foundation's EIN (Employer Identification Number) is 56-2262436. IRS Form 990 filing data is available on this page for 2024–2025.

Explore Open Grants

Browse active grant opportunities in Mitchell County Development Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

More Funders in North Carolina

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

Your AI grants department

Here's the math on researching Mitchell County Development Foundation by hand.