The Contemporary Foundation

Foundation · Grantmaker Greensboro, NC EIN: 27-0864365

The Contemporary Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Greensboro, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.5M in total assets. In 2025, it awarded 2 grants totaling $15K. Net investment income was $145K.

Key facts about The Contemporary Foundation

In short: The Contemporary Foundation gave $15K across 2 grants in 2025 (avg $8K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

EIN: 27-0864365
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $15,000
Grants made (2025): 2
Average grant: $7,500
Median grant: $7,500
Total assets: $2,522,829
Primary geography: North Carolina (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Quick answers about The Contemporary Foundation

How much does The Contemporary Foundation give each year?

The Contemporary Foundation gave $15K across 2 grants in 2025, according to its 2025 IRS Form 990-PF.

How The Contemporary Foundation gives

Giving fell 96% from 2022 to 2025. Method
In 2025 it paid out 66% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with The Contemporary Foundation

How to evaluate The Contemporary Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.5M

+8.0% YoY

Annual Giving

$15K

Grant Count

Avg Grant Size

$8K

Under IRS private-foundation payout rules, The Contemporary Foundation reported a distributable amount of $214K for 2025 — the minimum it must pay out in qualifying distributions.

About The Contemporary Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $15K (100%)

Share of all 2 itemized 2025 grant dollars.

States

Florida Iowa North Carolina Ohio Oregon

Cities

GreensboroChapel HillCincinnatiOcalaBayboroKernersvilleWillistonBlowing RockRaleighRalieghStokesdaleWhitsettCitraDe SotoDoverDurhamGibsonvilleHigh PointJamestownMicanopy

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$2,522,829	$2,335,792	$2,313,069
Revenue	$172,382	$74,642	$286,959
Expenses	$167,394	$53,264	$667,168
Qualifying Distributions	$140,712	$22,882	$643,248
Net Investment Income	$144,771	$57,672	$257,010
Distributable Amount	$214,150	$197,544	$183,528

Data update history

When this profile's IRS filing data changed on Grantable

September 27, 2026 Added Form 990-PF for fiscal year 2019 (received by the IRS May 13, 2020)
September 27, 2026 Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Grant Size Distribution

58 grants across all recorded years

Giving History

Grant recipients and amounts by year

Recipient	Purpose	Amount
RED DOG FARM ANIMAL RESCUE NETWORK Stokesdale, NC	2025 SUPPORT	$10,000
AUTHORACARE COLLECTIVE Greensboro, NC	2025 SUPPORT	$5,000

Leadership & Key People

Officers and directors from IRS filings

The Contemporary Foundation's 2025 filing lists 3 officers; 1 of 3 officers listed in 2025 is compensated.

Officers on the 2025 filing

Dave Staub

Trustee

On filings since 2019

40 hrs/week

$70K (2025)
Ivan Canada

Trustee

On filings since 2019

40 hrs/week

No compensation reported
John Whisnant

Trustee

On filings since 2019

40 hrs/week

No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Contemporary Foundation?

The Contemporary Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Greensboro, NC. It holds $2.5M in total assets as of 2025.

How large is The Contemporary Foundation?

As of 2025, The Contemporary Foundation holds $2.5M in total assets with $172K in annual revenue. It awarded 2 grants totaling $15K in 2025.

Where does The Contemporary Foundation operate?

The Contemporary Foundation has awarded grants in Florida, Iowa, North Carolina, Ohio, Oregon.

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

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Contemporary Foundation reported a distributable amount of $214K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.