Spotswood Charitable Foundation Inc
Spotswood Charitable Foundation Inc is a private foundation based in Morehead City, North Carolina. Its 2025 grants supported charitable organizations, including organizations serving communities in North Carolina and organizations in other states.
Spotswood Charitable Foundation Inc at a glance
In short: Spotswood Charitable Foundation Inc gave $728K across 47 grants in 2025 (avg $15K), mostly in North Carolina. 28% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $728,243
- +14.7% vs 2024
- Grants made (2025)
- 47
- +11.9% vs 2024
- Average grant
- $15,495
- +2.5% vs 2024
- Median grant
- $5,000
- Total assets
- $8,805,640
- +0.5% vs 2024
- New grantees (estimate)
- 28% first-time grantees (13 of 47, 2025)
- Primary geography
- North Carolina (70% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Spotswood Charitable Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 402 Sandfiddler Court, Morehead City, NC 28557
Phone: (252) 675-9550
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Spotswood Charitable Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was James 123 Inc ($76K). Together the top 10 received $478K.
Grant Size Distribution
138 grants across all recorded years
The most common grant size was under $50K: 123 grants of 138 (89%).
Geographic Focus
Where this funder awards grants
In 2025, North Carolina organizations received 70% of the foundation’s grant dollars. Other leading recipient states were California (10%), Tennessee (5%), Massachusetts (3%), and Florida (3%).
Grant Distribution by State
Share of 2025 grant dollars across all 47 itemized grants.
States
Cities
Is Spotswood Charitable Foundation Inc open to new grantees?
28%
first-time grantees, 2025
In 2025, 13 of 47 grantees (28%) were first-time recipients. First grants averaged $6K; repeat grants $19K. How we count
Medians: $5K first-time, $9K repeat.
- 72% of 2025 grantees were also funded in 2024. Method
- In 2025 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2023–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $635K (2024) to $728K (2025). In 2025 it made 47 grants totaling $728K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| James 123 Inc Morehead City, NC | General Charitable Purposes | $76,000 |
| One Harbor Church Morehead City, NC | General Charitable Purposes | $50,300 |
| Carteret Health Foundation Morehead City, NC | General Charitable Purposes | $50,000 |
| Feed My Lambs Inc Wadesboro, NC | General Charitable Purposes | $50,000 |
| K Love Rocklin, CA | General Charitable Purposes | $50,000 |
| NC Aquarium Society Raleigh, NC | General Charitable Purposes | $50,000 |
| Watershed Ministries Morehead City, NC | General Charitable Purposes | $50,000 |
| TJ'S Church High Point, NC | General Charitable Purposes | $40,000 |
| The McCallie School Foundation Chattanooga, TN | General Charitable Purposes | $35,000 |
| Camp Albemarle Newport, NC | General Charitable Purposes | $27,000 |
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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 | $8,805,640 | $1,308,117 | $873,230 | $728,243 | 47 | $788,243 | $710,007 | $868,575 |
| 2024 | $8,762,679 | $766,378 | $782,692 | $635,105 | 42 | $701,105 | $688,814 | $802,608 |
| 2023 | $8,780,375 | $14,622,091 | $739,034 | $645,300 | 49 | $681,300 | $553,327 | $702,641 |
Under IRS private-foundation payout rules, Spotswood Charitable Foundation Inc reported a distributable amount of $869K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for organizations with varied missions. For example, Feed My Lambs says it operates a food and clothing ministry for people in need, while Camp Albemarle says it runs a church-related camp and programs for youth, families, and church groups. Watershed Ministries describes its work as biblical counseling and teaching in eastern North Carolina. These are the grantees’ stated missions, not the foundation’s.
Grantmaking
In 2025, the foundation made 47 grants totaling $728,243. Grants ranged from $1,000 to $76,000, with a median of $5,000. The largest grants included $76,000 to James 123 Inc; $50,300 to One Harbor Church; $50,000 each to Carteret Health Foundation, Feed My Lambs, K Love, NC Aquarium Society, and Watershed Ministries; and $40,000 to TJ’s Church. The listed purposes for these grants were general charitable purposes.
Other 2025 grantees included Camp Albemarle, which received $27,000, and Community Resources for Justice, which received $25,000. Community Resources for Justice says it advances policy and delivers individualized services promoting safety, justice, and inclusion.
Leadership & Key People
Leadership team and compensation from IRS filings
Charlton Burns is listed as a director.
Spotswood Charitable Foundation Inc is led by Charlton Burns, Director on every filing since 2022 — the only officer listed, and compensated.
Officers on the 2025 filing
Charlton Burns
Director
On filings since 2022
12 hrs/week
$36K (2023) → $60K (2025)
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $60K, to Charlton Burns (Director).
Frequently asked questions about Spotswood Charitable Foundation Inc
How much does Spotswood Charitable Foundation Inc give each year?
Spotswood Charitable Foundation Inc gave $728K across 47 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $635K across 42 grants.
What is Spotswood Charitable Foundation Inc's typical grant size?
Spotswood Charitable Foundation Inc's median grant in 2025 was $5,000, and its average grant was $15,495, across 47 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Spotswood Charitable Foundation Inc that year got $6K on average.
Where does Spotswood Charitable Foundation Inc give grants?
Spotswood Charitable Foundation Inc gives mostly in North Carolina: 70% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (10%). The most frequent recipient cities were Morehead City, NC (11 grants), Raleigh, NC (5 grants), Newport, NC (3 grants) and Charlotte, NC (3 grants).
Does Spotswood Charitable Foundation Inc give general operating support?
Yes: 100% of Spotswood Charitable Foundation Inc's 2025 grants with a stated purpose (47 of 47) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Spotswood Charitable Foundation Inc's largest grantees?
Spotswood Charitable Foundation Inc's largest 2025 grantees include James 123 Inc ($76,000), One Harbor Church ($50,300) and Carteret Health Foundation ($50,000), according to its 2025 IRS Form 990-PF. Together they received 24% of its itemized 2025 grant dollars.
How large is Spotswood Charitable Foundation Inc?
Spotswood Charitable Foundation Inc reported $8.8M in total assets on its 2025 IRS Form 990-PF. It paid out $788K in qualifying distributions that year, against a required minimum of $869K (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 does Spotswood Charitable Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants included support for organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from Spotswood Charitable Foundation Inc?
The foundation does not accept unsolicited requests for funds and states that it 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 Spotswood Charitable Foundation Inc's EIN?
Spotswood Charitable Foundation Inc's EIN (Employer Identification Number) is 88-4200099. IRS Form 990 filing data is available on this page for 2022–2025.
Does Spotswood Charitable 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.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- IRS filings on file for fiscal years 2022–2024
Live grants for the work Spotswood Charitable Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Cite this profile
Grantable. (2026). Spotswood Charitable Foundation Inc funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/spotswood-charitable-foundation-inc-morg_c665054d83fe42db90b8709fc9bc4618
BibTeX
@misc{grantable_884200099_2026,
author = {{Grantable}},
title = {{Spotswood Charitable Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/spotswood-charitable-foundation-inc-morg_c665054d83fe42db90b8709fc9bc4618},
note = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Spotswood Charitable Foundation Inc'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.
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