The Shelton Foundation
The Shelton Foundation is a private foundation focused on Education, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 4 grants totaling $781K. Net investment income was $1.3M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+50.1% YoY
Annual Giving
$781K
+31140.0% YoY
Grant Count
4
+300.0% YoY
Avg Grant Size
$195K
+7710.0% YoY
Under IRS private-foundation payout rules, The Shelton Foundation reported a distributable amount of $84K for 2024 — the minimum it must pay out in qualifying distributions.
About The Shelton Foundation
Based on IRS filings
The Shelton Foundation is a private foundation focused on Education, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 4 grants totaling $781K. Net investment income was $1.3M.
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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 | $1,952,228 | $1,301,016 | $1,276,860 |
| Revenue | $1,480,675 | $64,530 | $346,626 |
| Expenses | $793,233 | $12,273 | $1,024,946 |
| Qualifying Distributions | $781,000 | $2,500 | $1,009,143 |
| Net Investment Income | $1,291,840 | $47,257 | $302,935 |
| Distributable Amount | $84,126 | $83,291 | $104,824 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Atrium Health Foundation ($750,000), Southminster Community Fund ($25,000), The Children's Center ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| The Children's Center Dobson, NC | Community Support | $4,000 |
| Atrium Health Foundation Charlotte, NC | Community Support | $750,000 |
| Southminster Community Fund Charlotte, NC | Community Support | $25,000 |
| Give a Kid a Christmas Charlotte, NC | Community Support | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Amanda S Houser | President | — | — |
| William T Houser | Vice President | — | — |
| Charles M Shelton Jr | Vice President | — | — |
| Sandra G Shelton | Vice President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Shelton Foundation?
The Shelton Foundation is a private foundation focused on Education, based in CHARLOTTE, NC. It holds $2.0M in total assets as of 2024.
How large is The Shelton Foundation?
As of 2024, The Shelton Foundation holds $2.0M in total assets with $1.5M in annual revenue. It awarded 4 grants totaling $781K in 2024.
Where does The Shelton Foundation operate?
The Shelton Foundation has awarded grants in North Carolina.
What size grants does The Shelton Foundation award?
In 2024, The Shelton Foundation awarded 4 grants totaling $781K — an average of about $195K per grant, based on its IRS Form 990 filings.
How much is The Shelton Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Shelton Foundation reported a distributable amount of $84K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Shelton Foundation's EIN?
The Shelton Foundation's EIN (Employer Identification Number) is 58-1596729. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Shelton Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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