The Story Foundation Inc
The Story Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLACK MOUNTAIN, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $339K in total assets. In 2024, it awarded 18 grants totaling $29K.
Key facts about The Story Foundation Inc
- EIN
- 26-1433559
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $29,000
- Grants made (2024)
- 18
- Average grant
- $1,611
- Median grant
- $1,000
- New grantees (estimate)
- 0% first-time grantees (0 of 18, 2024)
- Total assets
- $339,424
- Primary geography
- North Carolina (64% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Story Foundation Inc funds
By grant dollars, the top recipient states for The Story Foundation Inc's 18 itemized 2024 grants were North Carolina (64%), Tennessee (14%) and California (7%). The most frequent recipient cities were Columbus, NC (6 grants) and Hendersonville, NC (2 grants). None of its 18 grants with a stated purpose were described as general or operating support.
Is The Story Foundation Inc open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 18 grantees (0%) were first-time recipients. How we count
- 100% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−3%). Method
- In 2024 it paid out 223% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$339K
+16.7% YoY
Annual Giving
$29K
-9.4% YoY
Grant Count
18
-5.3% YoY
Avg Grant Size
$2K
-4.3% YoY
Under IRS private-foundation payout rules, The Story Foundation Inc reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.
About The Story Foundation Inc
Based on IRS filings
The Story Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLACK MOUNTAIN, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $339K in total assets. In 2024, it awarded 18 grants totaling $29K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 18 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $339,424 | $290,971 | $364,073 |
| Revenue | $16,723 | $12,181 | $9,932 |
| Expenses | $29,000 | $32,000 | $33,000 |
| Qualifying Distributions | $32,994 | $3,322 | $3,782 |
| Net Investment Income | — | — | $23 |
| Distributable Amount | $14,775 | $14,775 | $16,144 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
94 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Seventh Day Adventist Church ($5,000), St Jude Childrens Hospital ($3,000), Hospice of the Carolina Foothills ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| SEVENTH DAY ADVENTIST CHURCH TRYON, NC | SPREAD THE GOSPEL | $5,000 |
| ST JUDE CHILDRENS HOSPITAL MEMPHIS, TN | CHILDRENS RESEARCH HOSPITAL | $3,000 |
| HOSPICE OF THE CAROLINA FOOTHILLS COLUMBUS, NC | TERMINAL ILLNESS CARE | $2,500 |
| THE MEETING PLACE COLUMBUS, NC | SENIOR CITIZEN FOOD DISTRIBUTION | $2,000 |
| STEPS TO HOPE COLUMBUS, NC | CRISIS CENTER | $2,000 |
| POLK COUNTY HISTORICAL ASSOCIATION COLUMBUS, NC | HISTORICAL ASSOCIATION | $2,000 |
| SHRINERS CHILDRENS HOSPITALS HENDERSONVILLE, NC | CHILDRENS HOSPITAL | $1,500 |
| THE SMILE TRAIN NEW YORK, NY | CHILDRENS MEDICAL | $1,500 |
| ADRA SILVER SPRING, MD | SHARE THE LOVE OF CHRIST | $1,000 |
| AMAZING FACTS INC ROSEVILLE, CA | SHARE THE LOVE OF CHRIST | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jan H Allison | Chairperson | 2 | — |
| Karen Cogburn | Treasurer | 1 | — |
| Louise Story | Secretary | — | — |
| Barry Kempson | Vice President | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Story Foundation Inc?
The Story Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLACK MOUNTAIN, NC. It holds $339K in total assets as of 2024.
How large is The Story Foundation Inc?
As of 2024, The Story Foundation Inc holds $339K in total assets with $17K in annual revenue. It awarded 18 grants totaling $29K in 2024.
Where does The Story Foundation Inc operate?
The Story Foundation Inc has awarded grants in California, Colorado, Georgia, Maryland, North Carolina, New York, Tennessee.
What size grants does The Story Foundation Inc award?
In 2024, The Story Foundation Inc awarded 18 grants totaling $29K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Story Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Story Foundation Inc reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Story Foundation Inc's EIN?
The Story Foundation Inc's EIN (Employer Identification Number) is 26-1433559. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Story Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.