The 297 Foundation

WILMINGTON, DE EIN: 81-4657113

The 297 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $24.6M in total assets. In 2024, it awarded 7 grants totaling $365K. Net investment income was $2.0M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$24.6M

+9.9% YoY

Annual Giving

$365K

-9.9% YoY

Grant Count

7

+250.0% YoY

Avg Grant Size

$52K

-74.3% YoY

Under IRS private-foundation payout rules, The 297 Foundation reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.

About The 297 Foundation

Based on IRS filings

The 297 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $24.6M in total assets. In 2024, it awarded 7 grants totaling $365K. Net investment income was $2.0M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

ClearwaterLone TreeMemphisOmahaSan Francisco

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$13M$17M20202021202220232024
Metric202420232022
Total Assets$24,586,314$22,375,401$7,635,259
Revenue$2,659,579$15,185,711$1,439,039
Expenses$448,666$445,569$345,977
Qualifying Distributions$418,088$414,764$318,067
Net Investment Income$2,043,887$188,002$379,502
Distributable Amount$1,303,201$461,907$365,962

Giving Over Time

Total grant dollars and number of grants per year

$0$101K$203K$304K$405K1 grants20201 grants20211 grants20222 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

DONOR ADVISED CHARITABLE…$100KKNOWLEDGE QUEST INC$100KHUTCHISON SCHOOL$50KMEMPHIS UNIVERSITY SCHOOL$50KSECOND PRESBYTERIAN CHUR…$50KINTERNATIONAL GENEROSITY…$10KINTERNATIONAL GENEROSITY…$5K

Grant Size Distribution

12 grants across all recorded years

3<$50K3$50–100K4$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Donor Advised Charitable Giving ($100,000), Knowledge Quest Inc ($100,000), Hutchison School ($50,000).

RecipientPurposeAmount
DONOR ADVISED CHARITABLE GIVING OMAHA, NEHalliday Family Charitable Fund$100,000
HUTCHISON SCHOOL MEMPHIS, TNGeneral & Unrestricted$50,000
INTERNATIONAL GENEROSITY FOUNDATION TRUST CLEARWATER, FLUrban Neighbors of Hope NZ Trust$10,000
INTERNATIONAL GENEROSITY FOUNDATION TRUST CLEARWATER, FLIndigenous Leader Programs$5,000
KNOWLEDGE QUEST INC MEMPHIS, TNGeneral & Unrestricted$100,000
MEMPHIS UNIVERSITY SCHOOL MEMPHIS, TNGeneral & Unrestricted$50,000
SECOND PRESBYTERIAN CHURCH FOUNDATION INC MEMPHIS, TNGeneral & Unrestricted$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Allen HallidayDir, Pres1
Grace M HallidayDir, Sec, Treas1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The 297 Foundation?

The 297 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $24.6M in total assets as of 2024.

How large is The 297 Foundation?

As of 2024, The 297 Foundation holds $24.6M in total assets with $2.7M in annual revenue. It awarded 7 grants totaling $365K in 2024.

Where does The 297 Foundation operate?

The 297 Foundation has awarded grants in California, Colorado, Florida, Nebraska, Tennessee.

What size grants does The 297 Foundation award?

In 2024, The 297 Foundation awarded 7 grants totaling $365K — an average of about $52K per grant, based on its IRS Form 990 filings.

How much is The 297 Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The 297 Foundation reported a distributable amount of $1.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The 297 Foundation's EIN?

The 297 Foundation's EIN (Employer Identification Number) is 81-4657113. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The 297 Foundation's focus areas in our free grants database

Related Funders

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

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