The Bascom Corporation
The Bascom creates visual art experiences that inspire and empower individuals and communities through seeing, thinking and doing.
The Bascom Corporation at a glance
In short: The Bascom Corporation gave $20K across 2 grants in 2024 (avg $10K), mostly in North Carolina. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $20,000
- -20.0% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $10,000
- -20.0% vs 2023
- Median grant
- $10,000
- Total assets
- $11,881,638
- -0.9% vs 2023
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who The Bascom Corporation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Highlands Community Child Development Center ($10K). Together the top 2 received $20K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How The Bascom Corporation gives
- Giving fell 49% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $20K (2024) to $39K (2021). In 2024 it made 2 grants totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Highlands Community Child Development Center Highlands, NC | Support yourh artists | $10,000 |
| The Gordon Center Highlands, NC | Support youth artists | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $11,881,638 | $1,825,577 | $2,074,391 | $20,000 | 2 | $75,058 |
| 2023 | $11,987,724 | $1,694,062 | $2,043,079 | $25,000 | 2 | $-58,618 |
| 2022 | $12,126,456 | $2,550,789 | $1,779,722 | $29,000 | 3 | $-100,997 |
| 2021 | $11,572,802 | $1,588,338 | $1,585,271 | $39,000 | 3 | $55,720 |
| 2020 | $11,380,323 | $1,469,105 | $1,626,758 | — | — | $27,784 |
About The Bascom Corporation
Based on IRS filings
The Bascom Corporation is a public charity focused on Arts, Culture & Humanities, based in Highlands, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.9M in total assets. In 2024, it awarded 2 grants totaling $20K. Net investment income was $75K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Bascom Corporation is led by Karin Peterson, Retiring Executive Director since 2023 (on filings since 2021); 3 of 26 officers listed in 2024 are compensated.
Officers on the 2024 filing
Karin Peterson
Retiring Executive Director
Executive Director → Retiring Executive Director, 2023
On filings since 2021
40 hrs/week
$85K (2021) → $87K (2024)
Niki Kinkade
Departing Executive Director
Incoming Executive Director → Departing Executive Director, 2024
On filings since 2023
40 hrs/week
$82K (2024)
William Love
Incoming Executive Director
Co-Executive Director → Incoming Executive Director, 2024
On filings since 2023
40 hrs/week
$93K (2023) → $104K (2024)
Ann Wrobleski
Chair
Vice Chair → Chair, 2022
On filings since 2021
8 hrs/week
No compensation reported
Andrew Adams
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Ansley Tolleson
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Barbara Jamison
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Carol Misner
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Hilary Wilkes
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Kathleen Hohlstein
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Marcia Weber
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Margaret Denny
Vice Chair
Secretary → Vice Chair, 2022
On filings since 2021
8 hrs/week
No compensation reported
Mark Mahaffey
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Myron Mall
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Rebecca Rieder
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Susan Tarver
Board Member
Board Member → Assistant Treasurer, 2022
Assistant Treasurer → Board Member, 2024
On filings since 2021
2 hrs/week
No compensation reported
William Jump
Treasurer
On filings since 2022
8 hrs/week
No compensation reported
Charlene Palmisano
Secretary
Board Member → Secretary, 2024
On filings since 2023
8 hrs/week
No compensation reported
David Bock
Board Member
On filings since 2023
2 hrs/week
No compensation reported
Kirk Moore
Board Member
On filings since 2023
2 hrs/week
No compensation reported
Maudie Huff
Board Member
On filings since 2023
2 hrs/week
No compensation reported
Michael Crowe
Board Member
On filings since 2023
2 hrs/week
No compensation reported
Nancy Race
Board Member
On filings since 2023
2 hrs/week
No compensation reported
Chris Duffy
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Greg Thompson
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Sue Lewis
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Former officers (35)
- Former: Beverly Seinsheimer (2021–2023) — Board Member
- Former: Bob Gross (2021–2023) — Board Member
- Former: C Marie Sharpe (2021–2023) — Board Member
- Former: Jo Hill (2021–2023) — Secretary
- Former: Mary Thompson (2021–2023) — Board Member
- Former: Nancy Dyleski (2021–2023) — Board Member
- Former: Ruthie Edwards (2021–2022) — Board Member
- Former: Bill Jump (2021) — Board Member
- Former: Bill Reeves (2021) — Chair
- Former: Heath Massey (2021) — Board Member
- Former: Kathy Young (2021) — Board Member
- Former: Martha Sutherland-Wright (2021) — Treasurer
- Former: Sue Ratcliff (2021) — Board Member
- Former: Armstrong Brad (2020) — Vice Chair
- Former: Denny Margaret (2020) — Board Member
- Former: Edwards Ruthie (2020) — Board Member
- Former: Gihl Tracy (2020) — CFO
- Former: Gross Bob (2020) — Board Member
- Former: Hill Jo (2020) — Secretary
- Former: Hohlstein Kathleen (2020) — Board Member
- Former: Mall Myron (2020) — Board Member
- Former: Massey Heath (2020) — Board Member
- Former: Misner Carol (2020) — Board Member
- Former: Osborn Teresa (2020) — Executive Director
- Former: Ratliff Sue (2020) — Board Member
- Former: Reeves Biill (2020) — Board Chair
- Former: Seinsheimer Bev (2020) — Board Member
- Former: Sharpe Marie (2020) — Board Member
- Former: Sutherland-Wright Martha (2020) — Treasurer
- Former: Tarver Susan (2020) — Board Member
- Former: Thompson Mary (2020) — Board Member
- Former: Tolleson Ansley (2020) — Board Member
- Former: Wilkes Hilary (2020) — Board Member
- Former: Wrobleski Ann (2020) — Board Member
- Former: Young Kathy (2020) — Board Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $104K, to William Love (Incoming Executive Director). 3 officers or directors reported compensation on that filing.
Frequently asked questions about The Bascom Corporation
How much does The Bascom Corporation give each year?
The Bascom Corporation gave $20K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $25K across 2 grants.
How large is The Bascom Corporation?
The Bascom Corporation reported $11.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.8M.
What is The Bascom Corporation?
The Bascom Corporation is a public charity focused on Arts, Culture & Humanities, based in Highlands, NC. It holds $11.9M in total assets as of 2024.
Where does The Bascom Corporation operate?
The Bascom Corporation has awarded grants in North Carolina.
What is The Bascom Corporation's EIN?
The Bascom Corporation's EIN (Employer Identification Number) is 56-2093546. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS February 5, 2025)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 11, 2025)
- IRS filings on file for fiscal years 2020–2024
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Figures come from The Bascom Corporation'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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