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The Howe Foundation Inc

Foundation · Grantmaker CHERRYVILLE, NC EIN: 56-6070727 Website

The Howe Foundation Inc is a private foundation established in 1966 and located in Cherryville, North Carolina. It operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic giving across multiple sectors. The foundation's address is 806 Hawthorne Street, Cherryville, NC 28021-3521.

Key facts about The Howe Foundation Inc

EIN
56-6070727
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$107,300
Grants made (2025)
67
Average grant
$1,601
Median grant
$1,000
Primary geography
North Carolina (82% of itemized 2025 grant dollars)

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

Who The Howe Foundation Inc funds

By grant dollars, the top recipient states for The Howe Foundation Inc's 67 itemized 2025 grants were North Carolina (82%) and Virginia (12%). The most frequent recipient cities were Belmont, NC (18 grants), Gastonia, NC (15 grants), Charlotte, NC (10 grants) and Winston Salem, NC (2 grants). None of its 67 grants with a stated purpose were described as general or operating support. Recurring purposes include "Donee Organization" (66 grants).

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$107K

+1.4% YoY

Grant Count

67

+26.4% YoY

Avg Grant Size

$2K

-19.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports organizations involved in the following areas:

  • Arts and Culture
  • Education (elementary, secondary, and higher education)
  • Human Services
  • Religion (particularly Christianity)
  • People with Disabilities (including those with intellectual and psychosocial disabilities)

The foundation primarily funds donee organizations in and around North Carolina and Virginia, with investment gains extracted to support schools and charitable causes.

Grantmaking

The foundation made 47 grants in the most recent fiscal year (ending October 2024), totaling $105,800 in giving. Recent grant recipients include:

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Geographic Focus

Where this funder awards grants

The foundation provides funding to organizations across multiple states, including:

  • North Carolina
  • South Carolina
  • Virginia
  • Missouri
  • Massachusetts

Grant Distribution by State

8states

Share of all 67 itemized 2025 grant dollars.

Cities

BelmontGastoniaCharlotteChapel HillWinston SalemRaleighLexingtonDavidsonGreenvilleHampden SydneyKansas CityLynchburgNew OrleansSweet BriarWilliamstownCloverLaurinburgMcadenvilleGreensboroBoone

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending October 2024:

  • Total Assets: $2,267,910
  • Total Revenue: $4,808
  • Total Expenses: $130,765
  • Net Income: -$125,957
  • Total Liabilities: $0

Contact Information:

Telephone: 704-864-8311

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120212022202320242025
Metric202520242023
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Giving Over Time

Total grant dollars and number of grants per year

$0$27K$54K$80K$107K1 grants202147 grants202253 grants202353 grants202467 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Wake Forest School of Me…$7KWashington and Lee Unive…$6KCarolina Thread Trail$5KCaromont Health Foundation$5KNovant Health Foundation$5KR L Stowe Family Ymca$5KBoys & Girls Club of Gas…$4KCharlotte Master Chorale$4KVirginia Episcopal$3KUnc Chapel Hill$3K

Grant Size Distribution

221 grants across all recorded years

220<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Wake Forest School of Medicine ($6,500), Washington and Lee University ($6,000), Carolina Thread Trail ($5,000).

RecipientPurposeAmount
WAKE FOREST SCHOOL OF MEDICINE WINSTON SALEM, NCDONEE ORGANIZATION$6,500
WASHINGTON AND LEE UNIVERSITY LEXINGTON, VADONEE ORGANIZATION$6,000
CAROLINA THREAD TRAIL CHARLOTTE, NCDONEE ORGANIZATION$5,000
CAROMONT HEALTH FOUNDATION GASTONIA, NCDONEE ORGANIZATION$5,000
NOVANT HEALTH FOUNDATION CHARLOTTE, NCDONEE ORGANIZATION$5,000
R L STOWE FAMILY YMCA BELMONT, NCDONEE ORGANIZATION$5,000
BOYS & GIRLS CLUB OF GASTON GASTONIA, NCDONEE ORGANIZATION$4,000
CHARLOTTE MASTER CHORALE CHARLOTTE, NCDONEE ORGANIZATION$4,000
VIRGINIA EPISCOPAL LYNCHBURG, VADONEE ORGANIZATION$3,000
UNC CHAPEL HILL CHAPEL HILL, NCDONEE ORGANIZATION$2,600

Leadership & Key People

Leadership team and compensation from IRS filings

William Howe serves as chair of the foundation and does so without compensation.

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
WILLIAM HOWETREASURER5—

Frequently Asked Questions

What does The Howe Foundation Inc fund?

The foundation supports organizations involved in the following areas: • **Arts and Culture** • **Education** (elementary, secondary, and higher education) • **Human Services** • **Religion** (particularly Christianity) • **People with Disabilities** (including those with intellectual and psychosocial disabilities) The foundation primarily funds donee organizations in and around North Carolina and Virginia, with investment gains extracted to support schools and charitable causes.

How do I apply for a grant from The Howe Foundation Inc?

The foundation made 47 grants in the most recent fiscal year (ending October 2024), totaling $105,800 in giving. Recent grant recipients include: • Gaston Community Foundation: $22,500 • Samaritan's Purse: $10,000 • The Generals Redoubt: $5,000 Additional grants totaling $62,300 were distributed to 19 other organizations.

Where does The Howe Foundation Inc make grants?

The foundation provides funding to organizations across multiple states, including: • North Carolina • South Carolina • Virginia • Missouri • Massachusetts

What size grants does The Howe Foundation Inc award?

In 2025, The Howe Foundation Inc awarded 67 grants totaling $107K — an average of about $2K per grant, based on its IRS Form 990 filings.

What is The Howe Foundation Inc's EIN?

The Howe Foundation Inc's EIN (Employer Identification Number) is 56-6070727. IRS Form 990 filing data is available on this page for 2021–2025.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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