Syla Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $49.6M in total assets. In 2024, it awarded 1 grants totaling $2.2M. Net investment income was $4.8M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$49.6M
+4.9% YoY
Annual Giving
$2.2M
+5.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.2M
+5.0% YoY
Under IRS private-foundation payout rules, Syla Foundation reported a distributable amount of $2.4M for 2024 — the minimum it must pay out in qualifying distributions.
About Syla Foundation
Based on IRS filings
Syla Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $49.6M in total assets. In 2024, it awarded 1 grants totaling $2.2M. Net investment income was $4.8M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $49,576,227 | $47,277,859 | $48,355,970 |
| Revenue | $5,425,707 | $1,585,261 | $29,405,798 |
| Expenses | $2,617,457 | $2,338,235 | $2,061,168 |
| Qualifying Distributions | $2,386,511 | $2,216,937 | $1,671,770 |
| Net Investment Income | $4,750,041 | $1,120,655 | $16,609,952 |
| Distributable Amount | $2,424,955 | $2,356,502 | $2,196,752 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Attachment ($2,189,963).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHMENT CHARLOTTE, NC | VARIOUS | $2,189,963 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JANICE K STORY | Chairman | 2 | — |
| CHRISTINA E STORY | President | 0.5 | — |
| THOMAS E STORY IV | President | 0.5 | — |
| Lauren M Story | Secretary | 0.5 | — |
| Lukas Sigmund | Treasurer | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Syla Foundation?
Syla Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. It holds $49.6M in total assets as of 2024.
How large is Syla Foundation?
As of 2024, Syla Foundation holds $49.6M in total assets with $5.4M in annual revenue. It awarded 1 grants totaling $2.2M in 2024.
Where does Syla Foundation operate?
Syla Foundation has awarded grants in North Carolina.
What size grants does Syla Foundation award?
In 2024, Syla Foundation awarded 1 grants totaling $2.2M — an average of about $2.2M per grant, based on its IRS Form 990 filings.
How much is Syla Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Syla Foundation reported a distributable amount of $2.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Syla Foundation's EIN?
Syla Foundation's EIN (Employer Identification Number) is 56-1982360. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Syla Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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