Shugart Family Foundation
Shugart Family Foundation is a private foundation, based in Mocksville, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $226K in total assets. In 2025, it awarded 1 grant totaling $2K.
Shugart Family Foundation at a glance
In short: Shugart Family Foundation gave $2K across 1 grant in 2025 (avg $2K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,400
- +0.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $2,400
- +0.0% vs 2024
- Median grant
- $2,400
- Total assets
- $226,347
- -1.0% vs 2024
- Primary geography
- Florida (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Shugart Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Campus Crusade (CRU) ($2K).
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 22 grants of 22 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How Shugart Family Foundation gives
- Giving fell 35% from 2022 to 2025. Method
- In 2025 it paid out 21% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $2K (2024) to $6K (2021). In 2025 it made 1 grant totaling $2K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Campus Crusade (CRU) Orlando, FL | Charitable | $2,400 |
Ready to take the next step with Shugart Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $226,347 | — | $2,400 | $2,400 | 1 | $2,400 | — | $11,207 |
| 2024 | $228,747 | — | $3,998 | $2,400 | 1 | $2,400 | — | $11,353 |
| 2023 | $232,745 | $541 | $9,686 | $3,150 | 4 | $3,150 | $541 | $488 |
| 2022 | $241,890 | $-40,433 | $5,048 | $3,700 | 5 | $3,700 | $1,281 | $12,008 |
| 2021 | $287,371 | $-105,839 | $13,674 | $6,300 | 11 | — | $939 | $10,449 |
Under IRS private-foundation payout rules, Shugart Family Foundation reported a distributable amount of $11K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Shugart Family Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kay W. Shugart
Director
On filings since 2021
4 hrs/week
No compensation reported
Brian D. Shugart
Director
New on the 2025 filing
4 hrs/week
No compensation reported
Former officers (1)
- Former: Grover F. Shugart Jr. (2021–2024) — Director
Data from IRS Form 990 filings, 2021–2025. "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 Shugart Family Foundation
How much does Shugart Family Foundation give each year?
Shugart Family Foundation gave $2K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2K across 1 grant.
How large is Shugart Family Foundation?
Shugart Family Foundation reported $226K in total assets on its 2025 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $11K (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.
Where does Shugart Family Foundation operate?
Shugart Family Foundation has awarded grants in Arizona, District of Columbia, Florida, North Carolina, Tennessee, Texas.
What is Shugart Family Foundation's EIN?
Shugart Family Foundation's EIN (Employer Identification Number) is 56-2230054. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Shugart Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Miles Family Foundation
Winter Springs, FL
Assets
$315K
Grants
51
Total Given
$24K
Howard & Roberta Goss Charitable Foundat
Glencoe, IL
Assets
$524K
Grants
47
Total Given
$91K
B & R Charitable Foundation Inc
Nashville, TN
Assets
$203K
Grants
1
Total Given
$55K
Dennis & Janice Kumb Family Foundation Inc
East Troy, WI
Assets
$150K
Grants
8
Total Given
$2K
Krzyzanowski Foundation
Palm Beach Gardens, FL
Assets
$255K
Grants
26
Total Given
$77K
Butler Family Foundation
Prescott, AZ
Assets
$2.7M
Grants
93
Total Given
$109K
More similar funders
More Funders in North Carolina
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Shugart Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Shugart Family Foundation down — hundreds of funders to go?