The Ry and Eileen L Sharpe Found
The Ry and Eileen L Sharpe Found is a private foundation, based in WINSTON SALEM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $125K in total assets. In 2024, it awarded 2 grants totaling $63K. Net investment income was $1K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$125K
-30.4% YoY
Annual Giving
$63K
-3.8% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$32K
+44.3% YoY
Under IRS private-foundation payout rules, The Ry and Eileen L Sharpe Found reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
About The Ry and Eileen L Sharpe Found
Based on IRS filings
The Ry and Eileen L Sharpe Found is a private foundation, based in WINSTON SALEM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $125K in total assets. In 2024, it awarded 2 grants totaling $63K. Net investment income was $1K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $125,277 | $180,043 | $247,493 |
| Revenue | $11,971 | $2,398 | $10,545 |
| Expenses | $66,737 | $69,848 | $73,836 |
| Qualifying Distributions | $63,000 | $65,500 | $68,000 |
| Net Investment Income | $1,428 | $1,674 | $5,133 |
| Distributable Amount | $8,436 | $10,811 | $15,155 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Hiddenite Arts & Heritage ($60,000), An Appalachian Summer Festival ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE HIDDENITE ARTS & HERITAGE HIDDENITE, NC | HISTORICAL PRESERVATION | $60,000 |
| AN APPALACHIAN SUMMER FESTIVAL BOONE, NC | FESTIVAL OF THE ARTS | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SHIRLEY SHARPE DUNCAN | SEC/TREASURE | — | — |
| LYNN S HILL | PRESIDENT | — | — |
Frequently Asked Questions
How large is The Ry and Eileen L Sharpe Found?
As of 2024, The Ry and Eileen L Sharpe Found holds $125K in total assets with $12K in annual revenue. It awarded 2 grants totaling $63K in 2024.
Where does The Ry and Eileen L Sharpe Found operate?
The Ry and Eileen L Sharpe Found has awarded grants in North Carolina.
What size grants does The Ry and Eileen L Sharpe Found award?
In 2024, The Ry and Eileen L Sharpe Found awarded 2 grants totaling $63K — an average of about $32K per grant, based on its IRS Form 990 filings.
How much is The Ry and Eileen L Sharpe Found required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ry and Eileen L Sharpe Found reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Ry and Eileen L Sharpe Found's EIN?
The Ry and Eileen L Sharpe Found's EIN (Employer Identification Number) is 58-1722771. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.