R&S Family Foundation

Private foundation · Grantmaker Winston-Salem, NC EIN: 87-3554430

R&S Family Foundation is a private foundation, based in Winston-Salem, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $894K in total assets. In 2024, it awarded 7 grants totaling $26K. Net investment income was $11K.

Key facts about R&S Family Foundation

In short: R&S Family Foundation gave $26K across 7 grants in 2024 (avg $4K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.

EIN
87-3554430
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$25,500
Grants made (2024)
7
Average grant
$3,643
Median grant
$2,500
Total assets
$894,423
Primary geography
North Carolina (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$894K

-0.5% YoY

Annual Giving

$26K

+59.4% YoY

Grant Count

7

+40.0% YoY

Avg Grant Size

$4K

+13.8% YoY

Under IRS private-foundation payout rules, R&S Family Foundation reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.

How R&S Family Foundation gives

  • In 2024 it paid out 52% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 7 itemized grants.

Cities

Winston-SalemLewisvilleAshevilleBanner ElkRaleigh

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K0 grants2021 1 grant2022 5 grants2023 7 grants2024

From 2022 to 2024, annual grant giving ranged from $5K (2022) to $26K (2024). In 2024 it made 7 grants totaling $26K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Forsyth Country Day School: $10KForsyth Country Day School$10KYMCA Triangle: $5KYMCA Triangle$5KBabies Need Bottoms: $3KBabies Need Bottoms$3KHope: $3KHope$3KHigh Country Charitable Foundation: $3KHigh Country CharitableFoundation$3KSecu Family House: $2KSecu Family House$2KForsyth Humane Society: $2KForsyth Humane Society$2K

The largest 2024 recipient was Forsyth Country Day School ($10K). Together the top 7 received $26K.

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 13 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Forsyth Country Day School Lewisville, NCForsyth Fund$10,000
YMCA Triangle Raleigh, NCCamp Seagull/Camp Seafarer$5,000
Babies Need Bottoms Asheville, NCGeneral Support$2,500
Hope Winston-Salem, NCGeneral Support$2,500
High Country Charitable Foundation Banner Elk, NCGeneral Support$2,500
Secu Family House Winston-Salem, NCGeneral Support$1,500
Forsyth Humane Society Winston-Salem, NCGeneral Support$1,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2021 2022 2023 2024
Metric202420232022
Total Assets$894,423$898,677$482,953
Revenue$33,903$925,784$13,603
Expenses$38,157$21,391$16,900
Qualifying Distributions$25,500$16,000$5,000
Net Investment Income$11,119$424,931$1,108
Distributable Amount$49,342$26,896$21,446

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Officers and directors from IRS filings

R&S Family Foundation is led by Elizabeth Quick, President on every filing since 2021; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Elizabeth Quick

    President

    On filings since 2021

    No compensation reported

  • Robert Quick

    Vice President & Treasurer

    On filings since 2021

    No compensation reported

  • Sara Loebner

    Vice President & Secretary

    On filings since 2021

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "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 R&S Family Foundation

How much does R&S Family Foundation give each year?

R&S Family Foundation gave $26K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $16K across 5 grants.

What is R&S Family Foundation's typical grant size?

R&S Family Foundation's median grant in 2024 was $2,500, and its average grant was $3,643, across 7 grants on its 2024 IRS Form 990-PF.

Where does R&S Family Foundation give grants?

R&S Family Foundation gives mostly in North Carolina: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Winston-Salem, NC (3 grants).

Does R&S Family Foundation give general operating support?

Yes: 71% of R&S Family Foundation's 2024 grants with a stated purpose (5 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are R&S Family Foundation's largest grantees?

R&S Family Foundation's largest 2024 grantees include Forsyth Country Day School ($10,000), YMCA Triangle ($5,000) and Babies Need Bottoms ($2,500), according to its 2024 IRS Form 990-PF. Together they received 69% of its itemized 2024 grant dollars.

How large is R&S Family Foundation?

R&S Family Foundation reported $894K in total assets on its 2024 IRS Form 990-PF. It paid out $26K in qualifying distributions that year, against a required minimum of $49K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is R&S Family Foundation's EIN?

R&S Family Foundation's EIN (Employer Identification Number) is 87-3554430. IRS Form 990 filing data is available on this page for 2021–2024.

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

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