South Channel Foundation

Private foundation · Grantmaker Anthem, AZ EIN: 88-0789946

South Channel Foundation is a private foundation, based in Anthem, AZ. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $166K in total assets. In 2025, it awarded 5 grants totaling $7K. Net investment income was $5K.

Key facts about South Channel Foundation

In short: South Channel Foundation gave $7K across 5 grants in 2025 (avg $1K), mostly in Arizona. Source: 2025 IRS Form 990-PF.

EIN
88-0789946
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$7,000
Grants made (2025)
5
Average grant
$1,400
Median grant
$1,000
Total assets
$165,889
Primary geography
Arizona (57% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$166K

+9.9% YoY

Annual Giving

$7K

-12.5% YoY

Grant Count

5

+150.0% YoY

Avg Grant Size

$1K

-65.0% YoY

Under IRS private-foundation payout rules, South Channel Foundation reported a distributable amount of $8K for 2025 — the minimum it must pay out in qualifying distributions.

How South Channel Foundation gives

  • Giving grew 180% from 2022 to 2025. Method
  • In 2025 it paid out 102% of its IRS minimum distribution (the 5% rule). 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

2states

Share of all 5 itemized 2025 grant dollars.

Cities

Harsens IslandPhoenixSan SouciHillsdale

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K1 grants20221 grants20232 grants20245 grants2025

From 2022 to 2025, annual grant giving ranged from $3K (2022) to $8K (2024). In 2025 it made 5 grants totaling $7K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Turning Point USA: $3KTurning Point USA$3KHillsdale College: $2KHillsdale College$2KGreat Hearts Foundation: $1KGreat Hearts Foundation$1KHarsens Island St Clair Flats Association: $750Harsens Island St Clair FlatsAssociation$750SS Downtown Inc: $250SS Downtown Inc$250

The largest 2025 recipient was Turning Point USA ($3K). Together the top 5 received $7K.

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 9 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Turning Point USA Phoenix, AZTraditional education programming.$3,000
Hillsdale College Hillsdale, MITraditional education programming.$2,000
Great Hearts Foundation Phoenix, AZTraditional education programming.$1,000
Harsens Island St Clair Flats Association Harsens Island, MIWater conservation and Browne Field improvements.$750
SS Downtown Inc San Souci, MIWater conservation$250

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2022202320242025
Metric202520242023
Total Assets$165,889$151,002$101,512
Revenue$4,112$58,068$50,123
Expenses$7,709$8,234$3,285
Qualifying Distributions$7,709$8,234$3,285
Net Investment Income$4,633$5,245$2,588
Distributable Amount$7,543$7,659$4,657

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2022 (received by the IRS February 17, 2023)
  2. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 11, 2024)
  3. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 14, 2025)
  4. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 13, 2026)
  5. IRS filings on file for fiscal years 2022–2025

Leadership & Key People

Officers and directors from IRS filings

South Channel Foundation is led by Douglas McDermott, Chief Executive Officer on every filing since 2022; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Douglas McDermott

    Chief Executive Officer

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Deborah McDermott

    Chairman

    Director → Chairman, 2025

    On filings since 2022

    No compensation reported

  • Conrad McDermott

    Director

    On filings since 2022

    No compensation reported

  • Ethan McDermott

    Director

    On filings since 2022

    No compensation reported

Former officers (2)
  • Former: Dean Sarns (2022–2024) — Director
  • Former: Theodore Sarns (2022–2024) — Director

Data from IRS Form 990 filings, 2022–2025. "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 South Channel Foundation

How much does South Channel Foundation give each year?

South Channel Foundation gave $7K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $8K across 2 grants.

What is South Channel Foundation's typical grant size?

South Channel Foundation's median grant in 2025 was $1,000, and its average grant was $1,400, across 5 grants on its 2025 IRS Form 990-PF.

Where does South Channel Foundation give grants?

South Channel Foundation gives mostly in Arizona: 57% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Michigan (43%). The most frequent recipient cities were Phoenix, AZ (2 grants).

Does South Channel Foundation give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on South Channel Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Traditional education programming." (3 grants).

Who are South Channel Foundation's largest grantees?

South Channel Foundation's largest 2025 grantees include Turning Point USA ($3,000), Hillsdale College ($2,000) and Great Hearts Foundation ($1,000), according to its 2025 IRS Form 990-PF. Together they received 86% of its itemized 2025 grant dollars.

How large is South Channel Foundation?

South Channel Foundation reported $166K in total assets on its 2025 IRS Form 990-PF. It paid out $8K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets).

What is South Channel Foundation's EIN?

South Channel Foundation's EIN (Employer Identification Number) is 88-0789946. IRS Form 990 filing data is available on this page for 2022–2025.

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

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