The Enchanter Foundation Inc

CASHIERS, NC EIN: 92-3775633

The Enchanter Foundation Inc is a private foundation focused on Education, based in CASHIERS, NC. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $503K in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$503K

Annual Giving

$10K

Grant Count

Avg Grant Size

$10K

Under IRS private-foundation payout rules, The Enchanter Foundation Inc reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.

About The Enchanter Foundation Inc

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $10K (100%)

States

North Carolina

Cities

Asheville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$503,040	—
Revenue	$514,360	$8,559
Expenses	$11,320	$8,559
Qualifying Distributions	$10,000	—
Net Investment Income	$6,220	—
Distributable Amount	$6,252	—

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

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Manna Food Bank Inc ($10,000).

Recipient	Purpose	Amount
MANNA FOOD BANK INC ASHEVILLE, NC	CHARITABLE DONATION	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
R KELLEY JOHNSON	PRESIDENT	—	—
RENEE M JOHNSON	VICE PRESIDE	—	—
JODIE MILLER	VICE PRESIDE	—	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is The Enchanter Foundation Inc?

The Enchanter Foundation Inc is a private foundation focused on Education, based in CASHIERS, NC. It holds $503K in total assets as of 2024.

How large is The Enchanter Foundation Inc?

As of 2024, The Enchanter Foundation Inc holds $503K in total assets with $514K in annual revenue. It awarded 1 grants totaling $10K in 2024.

Where does The Enchanter Foundation Inc operate?

The Enchanter Foundation Inc has awarded grants in North Carolina.

What size grants does The Enchanter Foundation Inc award?

In 2024, The Enchanter Foundation Inc awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Enchanter Foundation Inc reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.