Rock Corner Foundation Inc

Private foundation · Grantmaker Forest City, NC EIN: 81-4489379

Rock Corner Foundation Inc is a private foundation based in Forest City, North Carolina. Its 2024 filing lists grants to charitable organizations, primarily in North Carolina, with purposes including general operations and mission support.

Key facts about Rock Corner Foundation Inc

In short: Rock Corner Foundation Inc gave $40K across 11 grants in 2024 (avg $4K), mostly in North Carolina. 45% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
81-4489379
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$40,250
Grants made (2024)
11
Average grant
$3,659
Median grant
$2,000
New grantees (estimate)
45% first-time grantees (5 of 11, 2024)
Total assets
$756,198
Primary geography
North Carolina (96% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$756K

+45.6% YoY

Annual Giving

$40K

Grant Count

11

Avg Grant Size

$4K

Is Rock Corner Foundation Inc open to new grantees?

45%

first-time grantees, 2024

In 2024, 5 of 11 grantees (45%) were first-time recipients. First grants averaged $2K; repeat grants $5K. How we count

Medians: $1K first-time, $3K repeat.

  • Giving grew 34% from 2021 to 2024. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants included support for organizations with varied missions. Mosaic Hope says its mission is to equip and mobilize the community to support children, families, and social workers in the foster care system. Community Bible Study says its mission is to make disciples of the Lord Jesus Christ through caring, in-depth Bible study available to all. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In 2024, the foundation made 11 grants totaling $40,250. Grant amounts ranged from $500 to $20,250, with a median grant of $2,000. The largest grants were $20,250 to Samaritian’s Purse, $5,000 to First Baptist Morganton, and $3,500 to Billy Graham Evangelistic Association. Other listed grants included $3,000 to Mt Vernon Baptist Church; $2,000 each to Blue Ridge Broadcasting and Mosaic Hope; $1,000 each to Grace of God Mission, Hands of Hope, Sharon Baptist Church, and Lorna Hawley; and $500 to Community Bible Study. The listed purposes were generally “General Operations,” with Lorna Hawley’s grant designated “Mission.”

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Geographic Focus

Where this funder awards grants

The 2024 grant dollars were distributed primarily in North Carolina (96%), with 2% going to Tennessee and 1% to Colorado.

Grant Distribution by State

6states

Share of all 11 itemized 2024 grant dollars.

Cities

Forest CityBooneColorado SpringsCharlotteRutherfordtonGainesvilleAndersonClemsonCullowheeGreenvilleHoustonMorgantonSavannah

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K9 grants202012 grants202112 grants20220 grants202311 grants2024

From 2020 to 2024, annual grant giving ranged from $20K (2020) to $40K (2024). In 2024 it made 11 grants totaling $40K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Samaritian's Purse: $20KSamaritian's Purse$20KFirst Baptist Morganton: $5KFirst Baptist Morganton$5KBilly Graham Evangelistic Association: $4KBilly Graham EvangelisticAssociation$4KMt Vernon Baptist Church: $3KMt Vernon Baptist Church$3KBlue Ridge Broadcasting: $2KBlue Ridge Broadcasting$2KMosaic Hope: $2KMosaic Hope$2KGrace of God Mission: $1KGrace of God Mission$1KHands of Hope: $1KHands of Hope$1KSharon Baptist Church: $1KSharon Baptist Church$1KLorna Hawley: $1KLorna Hawley$1K

The largest 2024 recipient was Samaritian's Purse ($20K). Together the top 10 received $40K.

Grant Size Distribution

44 grants across all recorded years

44<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 44 grants of 44 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Samaritian's Purse Boone, NCGeneral Operations$20,250
First Baptist Morganton Morganton, NCGeneral Operations$5,000
Billy Graham Evangelistic Association Charlotte, NCGeneral Operations$3,500
Mt Vernon Baptist Church Forest City, NCGeneral Operations$3,000
Blue Ridge Broadcasting Black Mtn, NCGeneral Operations$2,000
Mosaic Hope Rutherfordton, NCGeneral Operations$2,000
Grace of God Mission Forest City, NCGeneral Operations$1,000
Hands of Hope Forest City, NCGeneral Operations$1,000
Sharon Baptist Church Savannah, TNGeneral Operations$1,000
Lorna Hawley Forest City, NCMission$1,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $756,198 $187,575 $40,250 $40,250 across 11 grants
2023 $519,516 — — 0 grants
2022 $519,516 $108,372 $32,385 $31,335 across 12 grants
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K20202021202220232024
Metric202420232022
Total Assets$756,198$519,516$519,516
Revenue$187,575—$108,372
Expenses$40,250—$32,385
Qualifying Distributions$40,250——
Net Investment Income$27,575—$8,372
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Tammy W Carpenter as President and Thomas R Carpenter as V-President.

Rock Corner Foundation Inc is led by Tammy W Carpenter, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Tammy W Carpenter

    President

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Thomas R Carpenter

    V-President

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 1419 Rock Corner Rd, Forest City, NC 28043
Phone: (828) 287-6600

Frequently asked questions about Rock Corner Foundation Inc

How much does Rock Corner Foundation Inc give each year?

Rock Corner Foundation Inc gave $40K across 11 grants in 2024, according to its 2024 IRS Form 990-PF.

What is Rock Corner Foundation Inc's typical grant size?

Rock Corner Foundation Inc's median grant in 2024 was $2,000, and its average grant was $3,659, across 11 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Rock Corner Foundation Inc that year got $2K on average.

Where does Rock Corner Foundation Inc give grants?

Rock Corner Foundation Inc gives mostly in North Carolina: 96% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Forest City, NC (4 grants).

Does Rock Corner Foundation Inc give general operating support?

Yes: 91% of Rock Corner Foundation Inc's 2024 grants with a stated purpose (10 of 11) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Rock Corner Foundation Inc's largest grantees?

Rock Corner Foundation Inc's largest 2024 grantees include Samaritian's Purse ($20,250), First Baptist Morganton ($5,000) and Billy Graham Evangelistic Association ($3,500), according to its 2024 IRS Form 990-PF. Together they received 71% of its itemized 2024 grant dollars.

How large is Rock Corner Foundation Inc?

Rock Corner Foundation Inc reported $756K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $188K.

What does Rock Corner Foundation Inc fund?

No mission statement for the foundation is provided. Its 2024 grants included support for organizations with varied missions. Mosaic Hope says its mission is to equip and mobilize the community to support children, families, and social workers in the foster care system. See mission & focus areas ↑

How do I apply for a grant from Rock Corner Foundation Inc?

The foundation states that it does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Rock Corner Foundation Inc's EIN?

Rock Corner Foundation Inc's EIN (Employer Identification Number) is 81-4489379. IRS Form 990 filing data is available on this page for 2020–2024.

Does Rock Corner Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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