The Midgard Foundation

ASHEVILLE, NC EIN: 13-6206619

The Midgard Foundation is a private foundation based in Asheville, North Carolina. The organization focuses on philanthropic grantmaking across multiple sectors including education, human services, and voluntarism.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

+32.6% YoY

Annual Giving

$271K

+54.4% YoY

Grant Count

21

+23.5% YoY

Avg Grant Size

$13K

+25.0% YoY

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

Mission & Focus Areas

The foundation's primary funding focus areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Food Pantries
  • Housing
  • Wildlife

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation primarily supports organizations in:

  • North Carolina
  • Massachusetts
  • Connecticut

Grant Distribution by State

9states
+1 more states

Cities

ArvadaAshevilleChilmarkClancyHohenwaldHoldernessJemez SpringsLakewoodLawrenceNaplesNew LondonOld LymeRaleigh

Financial History

Multi-year comparison from IRS filings

Metric Amount
Total Assets $2,364,390
Total Giving $271,000

Financial data sourced from most recent IRS Form 990 filing (2024)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$179K$357K$536K$715K20202021202220232024
Metric202420232022
Total Assets$2,364,390$1,783,251$1,824,862
Revenue$649,882$147,487$219,547
Expenses$288,640$189,098$190,451
Qualifying Distributions$284,266$184,868$183,085
Net Investment Income$648,208$146,561$218,643
Distributable Amount$216,475$185,893$186,011

Giving Over Time

Total grant dollars and number of grants per year

$0$68K$136K$203K$271K21 grants202023 grants202121 grants202217 grants202321 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Manna Food Bank$75KPisgah Legal Service$75KUNCA Asheville$40KMeals on Wheels of Bunco…$15KAsheville Humane Society$10KBeloved Asheville$10KWarren Wilson College$10KAfrican Aquatic Conserva…$5KNeighbors In Need$5KYMCA Northeastern Massac…$4K

Grant Size Distribution

103 grants across all recorded years

100<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Related Funders

Similar funders by location and focus area

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

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