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.
Key facts about The Ry and Eileen L Sharpe Found
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.
- EIN
- 58-1722771
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $69,000
- Grants made (2025)
- 3
- Average grant
- $23,000
- Median grant
- $6,000
- Total assets
- $65,042
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$65K
-48.1% YoY
Annual Giving
$69K
+9.5% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$23K
-27.0% YoY
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.
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.
Ready to take the next step with The Ry and Eileen L Sharpe Found?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
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.
Grant Insights
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%).
Giving History
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 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $65,042 | $125,277 | $180,043 |
| Revenue | $13,263 | $11,971 | $2,398 |
| Expenses | $73,498 | $66,737 | $69,848 |
| Qualifying Distributions | $69,000 | $63,000 | $65,500 |
| Net Investment Income | $8,785 | $1,428 | $1,674 |
| Distributable Amount | $5,654 | $8,436 | $10,811 |
Data update history
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)
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.
Here's the math on researching The Ry and Eileen L Sharpe Found by hand.
Explore Open Grants
Browse active grant opportunities in The Ry and Eileen L Sharpe Found's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in North Carolina
The Kooken Family Foundation
Winston-Salem, NC
The Kooken Family Foundation supports a range of charitable work, including arts and education, health and social services, employment training, and disaster relief. Its grants are typically $1,000–$5,000, with a median of $2,000, and mainly support organizations in North Carolina, with some in South Carolina. It accepts requests by letter at any time during the year; the letter should explain the need and intended use of funds.
Assets
$996K
Grants
15
Total Given
$37K
Ta John W and Anna H
Winston-Salem, NC
This foundation supports charitable, scientific, literary, and educational projects, prioritizing short-term or non-recurring work in areas such as arts, education, health, human services, and the environment. It funds North Carolina public charities, with a focus on Winston-Salem and Forsyth County; 2025 grants ranged from $5,000 to $500,000, with a median of $27,500. It accepts applications by email on a quarterly schedule; unsolicited requests are not specifically addressed.
Assets
$16.8M
Grants
52
Total Given
$2.5M
State Employees Credit Union Foundation
Raleigh, NC
The foundation funds capital projects, regional or statewide programs, and organizational capacity building that strengthen North Carolina communities; it favors projects with broad or replicable impact and does not fund operating budgets or shortfalls. Its 2025 grants ranged from $1,250 to $1 million, with a median of $2,500. Applications are accepted at any time and typically reviewed semiannually.
Assets
$61.0M
Grants
1,806
Total Given
$17.4M
Foundation for the Carolinas
Charlotte, NC
Foundation For The Carolinas funds education and youth development, environmental and wildlife work, health and human services, and animal welfare, with a reported median grant of $25,000 in 2024. Its competitive programs focus on Charlotte-Mecklenburg, the Carolinas, and specific local communities, while donor-advised funds may support eligible nonprofits more broadly; it accepts applications for some competitive grants, but most grants are recommended by fund advisors and have no application process.
Assets
$3.9B
Grants
1,605
Total Given
$609.1M
Dogwood Health Trust
Asheville, NC
Dogwood Health Trust funds work in housing, education, economic opportunity, and health and wellness that improves wellbeing in Western North Carolina, including its 18 counties and the Qualla Boundary. Its 2024 grants ranged from $2,000 to $21 million, with a median of $37,500; application requirements vary by funding opportunity.
Assets
$2.0B
Grants
835
Total Given
$148.2M
The Winston-Salem Foundation
Winston-Salem, NC
The Winston-Salem Foundation funds charitable organizations serving Forsyth County, North Carolina, across areas including education, housing, economic opportunity, civic engagement, arts, health, and human services. Its 2024 median grant was $25,000; specific programs offer grants ranging from small grants of up to $2,000 to capital grants of up to $100,000. The profile describes application-based programs but does not state whether unsolicited requests are accepted.
Assets
$630.1M
Grants
823
Total Given
$90.4M
North Carolina Community Foundation Inc
Raleigh, NC
The North Carolina Community Foundation supports charitable organizations and community programs in areas such as human services, education, youth development, health, food and nutrition, and the arts. Its typical grant was $15,000 in 2025; it serves communities statewide, with an emphasis on rural North Carolina, and accepts applications through specific affiliate, giving-circle, and other grant programs.
Assets
$569.1M
Grants
732
Total Given
$30.6M
Triangle Community Foundation Inc
Durham, NC
The foundation supports nonprofits in cultural arts, education and youth, nonprofit capacity building, and sustainable communities, with grants also benefiting fields such as health, conservation, and human services. Its 2025 grants had a median of $20,000 and ranged from about $5,000 to $1.39 million; it primarily serves Durham, Orange, Wake, and Chatham Counties in North Carolina. It accepts applications for competitive discretionary programs during open grant cycles; donor-advised fund grants are also made.
Assets
$335.8M
Grants
599
Total Given
$26.7M
The Labcorp Charitable Foundation
Burlington, NC
The Labcorp Charitable Foundation funds food access, healthcare and patient services for underserved communities, STEM and youth education, and medical research and screenings. Its typical giving level is unclear: reported grants range from smaller community awards to a 2025 median of $1,328,824, though that year’s filing itemizes only two grants. It supports local communities without a stated geographic eligibility area and does not accept unsolicited requests.
Assets
$19.6M
Grants
2
Total Given
$2.7M
The Community Foundation of Western North Carolina Inc
Asheville, NC
The Community Foundation of Western North Carolina funds nonprofits and public agencies serving 18 Western North Carolina counties, including the Qualla Boundary, in areas such as cultural resources, education, human services, and natural resources. Its 2025 grants had a median of $25,000, though award sizes varied widely; some local opportunities cap grants at $5,000 or $7,500. It provides an online application system, but the profile does not state whether unsolicited requests are accepted.
Assets
$481.0M
Grants
793
Total Given
$59.4M
The Duke Endowment
Charlotte, NC
The Duke Endowment funds child and family well-being, health care, higher education at four named colleges and universities, and rural churches, primarily in North Carolina and South Carolina. Its 2024 grants ranged from $7,000 to $6.8 million, with a median of $200,000. The application process varies by program; the profile does not state whether unsolicited requests are accepted.
Assets
$3.6B
Grants
480
Total Given
$251.2M
The Leon Levine Foundation
Charlotte, NC
The Leon Levine Foundation funds healthcare, human services, education, and Jewish community work, primarily benefiting people in North and South Carolina. Its 2025 grants ranged from $10,000 to $2.1 million, with a median of $60,000. It accepts unsolicited requests through an eligibility quiz and portal, starting with a letter of inquiry.
Assets
$1.9B
Grants
522
Total Given
$57.9M
More Funders in North Carolina
The Ry and Eileen L Sharpe Found down — hundreds of funders to go?