The Owenoke Foundation

SHELDON, SC EIN: 22-3483048

The Owenoke Foundation is a private foundation established in 1997 and incorporated in Delaware in 1999. Based in Sheldon, South Carolina, the foundation operates as an independent grantmaking organization with a focus on supporting charitable causes across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16.0M

+23.0% YoY

Annual Giving

$750K

+18.1% YoY

Grant Count

41

+7.9% YoY

Avg Grant Size

$18K

+9.5% YoY

Under IRS private-foundation payout rules, The Owenoke Foundation reported a distributable amount of $721K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation gives primarily for:

  • Education
  • Human Services
  • Health Care
  • Philanthropy, Voluntarism & Grantmaking

Grantmaking

The foundation does not accept unsolicited applications. Grantmaking is by invitation only.

Grant Range

$4,000–$50,000

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • Connecticut
  • North Carolina
  • South Carolina

Grant Distribution by State

10states
+2 more states

Cities

AuburnBaltimoreBeaufortBloomfieldBrooklynCaryChapel HillCharlestonDurhamEast HartfordElizabethtownFairfieldHagerstownHartfordHillsboroughMontgomeryMt PleasantNew BritainNew CanaanNew Haven

Financial History

Multi-year comparison from IRS filings

As of Most Recent Filing (2023):

  • Total Assets: $13,014,343–$16,001,494
  • Total Revenues: $482,537
  • Total Expenses: $751,234
  • Investment Income & Dividends: $339,831
  • Net Gain from Sale of Non-Inventory Assets: $142,706
  • Giving Rate: 4.9% of assets

Tax Information:

  • EIN: 22-3483048
  • IRS 501(c)(3) Classification
  • Return Type: 990PF
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$386K$771K$1M$2M20202021202220232024
Metric202420232022
Total Assets$16,001,494$13,014,343$12,766,366
Revenue$1,402,246$482,537$610,020
Expenses$879,513$751,234$707,735
Qualifying Distributions$754,200$639,366$594,578
Net Investment Income$1,282,417$383,349$507,634
Distributable Amount$720,789$628,458$630,447

Giving Over Time

Total grant dollars and number of grants per year

$0$188K$375K$563K$750K36 grants202039 grants202138 grants202238 grants202341 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

LUTHERAN WORLD RELIEF$50KST PAUL'S LUTHERAN CHURCH$50KADIRONDACK COUNCIL$30KCONNECTICUT CHILDREN'S M…$30KST MICHAEL'S LUTHERAN CH…$30KAMERICARES$25KCONNECTICUT FOODSHARE$25KHABITAT FOR HUMANITY OF …$25KLOWCOUNTRY FOOD BANK$25KNEW CANAAN GROUP HOME INC$25K

Grant Size Distribution

192 grants across all recorded years

190<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lutheran World Relief ($50,000), St Paul's Lutheran Church ($50,000), Adirondack Council ($30,000).

RecipientPurposeAmount
ADIRONDACK COUNCIL ELIZABETHTOWN, NYGENERAL SUPPORT$30,000
AMERICARES STAMFORD, CTGENERAL SUPPORT$25,000
AMI KIDS BEAUFORT BEAUFORT, SCGENERAL SUPPORT$23,000
CARACEN WASHINGTON, DCGENERAL SUPPORT$10,000
CHOP FOUNDATION PHILADELPHIA, PAGENERAL SUPPORT$15,000
CONNECTICUT CHILDREN'S MEDICAL CENTER HARTFORD, CTGENERAL SUPPORT$30,000
CONNECTICUT FOODSHARE WALLINGFORD, CTGENERAL SUPPORT$25,000
CURTAIN CALL STAMFORD, CTGENERAL SUPPORT$15,000
DOCTORS WITHOUT BOARDERS HAGERSTOWN, MDGENERAL SUPPORT$15,000
EQUAL JUSTICE INITIATIVE MONTGOMERY, ALGENERAL SUPPORT$15,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Avery Rockefeller III – President

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
AVERY ROCKEFELLER IIIPRESIDENT AND DIRECTOR0.25
MARY RUNESTADSECRETARY AND DIRECTOR0.25
MONICA ROCKEFELLERDIRECTOR0.25
RODNEY RUNESTADDIRECTOR0.25

Contact Information

  • Address: 13 Rice Field Place, Sheldon, SC 29941-3057
  • Telephone: 860-573-9683

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Owenoke Foundation fund?

The foundation gives primarily for: • Education • Human Services • Health Care • Philanthropy, Voluntarism & Grantmaking

How do I apply for a grant from The Owenoke Foundation?

**Grant Activity:** • Made 36-38 grants annually in recent years • Typical grant range: $4,000–$50,000 • Median grant size: $17,000 • Total annual giving: $635,000–$750,000 **Recent Grant Examples (2023):** • St. Paul's Lutheran Church: $40,000 (General Support) • Adirondack Council: $30,000 (General Support) • Lowcountry Food Bank: $25,000 (General Support) • New Canaan Group Home: $25,000 (General Support) **Application Policy:** The foundation does not accept unsolicited applications. Grantm…

Where does The Owenoke Foundation make grants?

The foundation primarily funds organizations in: • Connecticut • North Carolina • South Carolina

What size grants does The Owenoke Foundation award?

In 2024, The Owenoke Foundation awarded 41 grants totaling $750K — an average of about $18K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Owenoke Foundation reported a distributable amount of $721K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Owenoke Foundation's EIN?

The Owenoke Foundation's EIN (Employer Identification Number) is 22-3483048. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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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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