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 2025. As of 2025, the organization holds $65K in total assets. In 2025, it awarded 3 grants totaling $69K. Net investment income was $9K.
The Ry and Eileen L Sharpe Found at a glance
In short: The Ry and Eileen L Sharpe Found gave $69K across 3 grants in 2025 (avg $23K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $69,000
- +9.5% vs 2024
- Grants made (2025)
- 3
- +50.0% vs 2024
- Average grant
- $23,000
- -27.0% vs 2024
- Median grant
- $6,000
- Total assets
- $65,042
- -48.1% vs 2024
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Ry and Eileen L Sharpe Found funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was The Hiddenite Arts & Heritage ($60K). Together the top 2 received $66K.
Organizations only. It also paid 1 grant to individuals ($3,000), which are not listed by name.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 7 grants of 12 (58%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How The Ry and Eileen L Sharpe Found gives
- Giving held roughly steady from 2022 to 2025 (+1%). Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $60K (2020) to $69K (2025). In 2025 it made 3 grants totaling $69K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Hiddenite Arts & Heritage Hiddenite, NC | Historical Preservation | $60,000 |
| An Appalachian Summer Festival Boone, NC | Festival of the Arts | $6,000 |
| 1 grant to individuals Recipients not named | — | $3,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $65,042 | $13,263 | $73,498 | $69,000 | 3 | $69,000 | $8,785 | $5,654 |
| 2024 | $125,277 | $11,971 | $66,737 | $63,000 | 2 | $63,000 | $1,428 | $8,436 |
| 2023 | $180,043 | $2,398 | $69,848 | $65,500 | 3 | $65,500 | $1,674 | $10,811 |
| 2022 | $247,493 | $10,545 | $73,836 | $68,000 | 3 | $68,000 | $5,133 | $15,155 |
| 2021 | $310,764 | $37,244 | $66,977 | $60,000 | 1 | $60,000 | $30,514 | $18,789 |
| 2020 | $340,475 | $23,995 | $66,670 | $60,000 | 1 | — | $17,380 | $20,200 |
Under IRS private-foundation payout rules, The Ry and Eileen L Sharpe Found reported a distributable amount of $6K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Ry and Eileen L Sharpe Found is led by Lynn S. Hill, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lynn S. Hill
President
On filings since 2020
No compensation reported
Danny R. Newcomb
Secretary & Treasurer
New on the 2025 filing
No compensation reported
Former officers (1)
- Former: Shirley Sharpe Duncan (2020–2024) — Secretary & Treasurer
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Ry and Eileen L Sharpe Found
How much does The Ry and Eileen L Sharpe Found give each year?
The Ry and Eileen L Sharpe Found gave $69K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $63K across 2 grants.
What is The Ry and Eileen L Sharpe Found's typical grant size?
The Ry and Eileen L Sharpe Found's median grant in 2025 was $6,000, and its average grant was $23,000, across 3 grants on its 2025 IRS Form 990-PF.
Where does The Ry and Eileen L Sharpe Found give grants?
The Ry and Eileen L Sharpe Found gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does The Ry and Eileen L Sharpe Found give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on The Ry and Eileen L Sharpe Found's 2025 IRS Form 990-PF were described as general or operating support.
How large is The Ry and Eileen L Sharpe Found?
The Ry and Eileen L Sharpe Found reported $65K in total assets on its 2025 IRS Form 990-PF. It paid out $69K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 7, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 1, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
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