The Midgard Foundation
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
Under IRS private-foundation payout rules, The Midgard Foundation reported a distributable amount of $216K for 2024 — the minimum it must pay out in qualifying distributions.
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
Cities
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)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
103 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Manna Food Bank ($75,000), Pisgah Legal Service ($75,000), UNCA Asheville ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| African Aquatic Conservation Fund Chilmark, MA | Operational Support | $5,000 |
| Animal-Kind International Jemez Springs, NM | Operational Support | $2,000 |
| Artis-Naples Naples, FL | Operational Support | $2,500 |
| Asheville Humane Society Asheville, NC | Operational Support | $10,000 |
| Beloved Asheville Asheville, NC | Operational Support | $10,000 |
| Deerwood Foundation Holderness, NH | Operational Support | $2,500 |
| First Congregational Church of Old Lyme Old Lyme, CT | Operational Support | $2,000 |
| Journeymen Asheville Asheville, NC | Operational Support | $2,500 |
| Manna Food Bank Asheville, NC | Operational Support | $75,000 |
| Meals on Wheels of Buncombe County Asheville, NC | Operational Support | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Frequently Asked Questions
What does The Midgard Foundation fund?
The foundation's primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Food Pantries • Housing • Wildlife
How do I apply for a grant from The Midgard Foundation?
**Grant Amounts:** Typical awards range from $500 to $75,000. **Total Annual Giving:** $271,000 (based on most recent IRS Form 990 filing from 2024) **Current Opportunities:** 0 live grant opportunities
Where does The Midgard Foundation make grants?
The foundation primarily supports organizations in: • North Carolina • Massachusetts • Connecticut
What size grants does The Midgard Foundation award?
In 2024, The Midgard Foundation awarded 21 grants totaling $271K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is The Midgard Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Midgard Foundation reported a distributable amount of $216K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Midgard Foundation's EIN?
The Midgard Foundation's EIN (Employer Identification Number) is 13-6206619. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Midgard Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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