The Aver Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HENDERSONVILLE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $528K in total assets. In 2024, it awarded 7 grants totaling $20K. Net investment income was $36K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$528K
+12.0% YoY
Annual Giving
$20K
+300.0% YoY
Grant Count
7
+600.0% YoY
Avg Grant Size
$3K
-42.9% YoY
Under IRS private-foundation payout rules, The Aver Foundation reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.
About The Aver Foundation
Based on IRS filings
The Aver Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HENDERSONVILLE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $528K in total assets. In 2024, it awarded 7 grants totaling $20K. Net investment income was $36K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $527,668 | $471,296 | $421,711 |
| Revenue | $60,093 | $1,421 | $29,416 |
| Expenses | $26,317 | $10,616 | $13,657 |
| Qualifying Distributions | $22,250 | $7,100 | $10,070 |
| Net Investment Income | $35,860 | $7,258 | $25,829 |
| Distributable Amount | $24,333 | $21,675 | $22,154 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include National Disability Institute ($5,000), Davidson College ($3,500), Muddy Paws Rescue ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| NATIONAL DISABILITY INSTITUTE WASHINGTON, DC | GENERAL OPERATIONAL SUPPORT | $5,000 |
| MUDDY PAWS RESCUE NEW YORK, NY | GENERAL OPERATIONAL SUPPORT | $2,500 |
| UNIVERSITY OF VERMONT FOUNDATION BURLINGTON, VT | GENERAL OPERATIONAL SUPPORT | $2,500 |
| DAVIDSON COLLEGE DAVIDSON, NC | GENERAL OPERATIONAL SUPPORT | $3,500 |
| FISHER HOUSE FOUNDATION ROCKVILLE, MD | GENERAL OPERATIONAL SUPPORT | $1,500 |
| THE FREE CLINICS HENDERSONVILLE, NC | GENERAL OPERATIONAL SUPPORT | $2,500 |
| DENISON UNIVERSITY INSTITUTE GRANVILLE, OH | GENERAL OPERATIONAL SUPPORT | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANCIS JAMES GASQUET FITZPATRICK | PRESIDENT/DI | — | — |
| ALEXANDRA CLINE MCARTHUR | TREASURER/DI | — | — |
| REBECCA COLLIER FRENCH FITZPATRICK | VICE PRESIDE | — | — |
| SARAH WHITTREDGE FRENCH | VICE PRESIDE | — | — |
| WILLIAM OWEN CHARLES FITZPATRICK | VICE PRESIDE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Aver Foundation?
The Aver Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HENDERSONVILLE, NC. It holds $528K in total assets as of 2024.
How large is The Aver Foundation?
As of 2024, The Aver Foundation holds $528K in total assets with $60K in annual revenue. It awarded 7 grants totaling $20K in 2024.
Where does The Aver Foundation operate?
The Aver Foundation has awarded grants in Connecticut, District of Columbia, Maryland, North Carolina, New York, Ohio, Vermont.
What size grants does The Aver Foundation award?
In 2024, The Aver Foundation awarded 7 grants totaling $20K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Aver Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Aver Foundation reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Aver Foundation's EIN?
The Aver Foundation's EIN (Employer Identification Number) is 82-3616415. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Aver 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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