The Sholton Foundation

ANCHORAGE, AK EIN: 92-0171810

The Sholton Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANCHORAGE, AK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $621K in total assets. In 2024, it awarded 5 grants totaling $10K. Net investment income was $10K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$621K

+416.5% YoY

Annual Giving

$10K

+54.0% YoY

Grant Count

-16.7% YoY

Avg Grant Size

$2K

+84.8% YoY

Under IRS private-foundation payout rules, The Sholton Foundation reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.

About The Sholton Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alaska $148K (73%)

New York $45K (22%)

California $7K (3%)

Illinois $2K (1%)

Idaho $1K (1%)

Texas $500 (0%)

District of Columbia $400 (0%)

States

Alaska California District of Columbia Idaho Illinois New York Texas

Cities

AnchorageChicagoDallasEl CajonEvanstonOrangePort WashingtonSalmonWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$621,161	$120,275	$125,115
Revenue	$513,151	$4,037	$100,269
Expenses	$12,265	$8,877	$53,050
Qualifying Distributions	$9,700	$6,300	$50,200
Net Investment Income	$9,701	$1,537	$269
Distributable Amount	$10,957	$5,993	$3,635

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

65 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Alaska Aviation Museum ($4,000), Anchorage Senior Activity Center ($2,500), Chapman University Foundation ($2,500).

Recipient	Purpose	Amount
AARP FOUNDATION WASHINGTON, DC	HELP SENIORS IN NEED	$200
ANCHORAGE SENIOR ACTIVITY CENTER ANCHORAGE, AK	SUPPORT AND COMMUNITY FOR SENIORS	$2,500
ALASKA AVIATION MUSEUM ANCHORAGE, AK	TO SUPPORT ALASKA AVIATION EDUCATION AND PRESERVATION	$4,000
CHAPMAN UNIVERSITY FOUNDATION ORANGE, CA	TO SUPPORT STUDENTS AND FACULTY	$2,500
AMERICAN HEART ASSOCIATION DALLAS, TX	CARDIOVASCULAR RESEARCH	$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MARY SHOLTON WITTE	SECRETARY, VICE PRESIDENT	0.1	—
RITA N SHOLTON	PRESIDENT, TREASURER	0.2	—
PAUL R SHOLTON	DIRECTOR	0.1	—
ADAM G SHOLTON	DIRECTOR	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Sholton Foundation?

The Sholton Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANCHORAGE, AK. It holds $621K in total assets as of 2024.

How large is The Sholton Foundation?

As of 2024, The Sholton Foundation holds $621K in total assets with $513K in annual revenue. It awarded 5 grants totaling $10K in 2024.

Where does The Sholton Foundation operate?

The Sholton Foundation has awarded grants in Alaska, California, District of Columbia, Idaho, Illinois, New York, Texas.

What size grants does The Sholton Foundation award?

In 2024, The Sholton Foundation awarded 5 grants totaling $10K — an average of about $2K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Sholton Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.