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.
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
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 |
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 include Seventh Day Adventist Church ($5,000), St Jude Childrens Hospital ($3,000), Hospice of the Carolina Foothills ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ADRA SILVER SPRING, MD | SHARE THE LOVE OF CHRIST | $1,000 |
| AMAZING FACTS INC ROSEVILLE, CA | SHARE THE LOVE OF CHRIST | $1,000 |
| HENDERSONVILLE RESCUE MISSION HENDERSONVILLE, NC | CARE FOR THE HOMELESS | $1,000 |
| HOSPICE OF THE CAROLINA FOOTHILLS COLUMBUS, NC | TERMINAL ILLNESS CARE | $2,500 |
| HOUSE OF FLAGS MUSEUM COLUMBUS, NC | FLAG MUSEUM | $500 |
| IN TOUCH MINISTRIES ATLANTA, GA | SPREAD THE GOSPEL OF CHRIST | $1,000 |
| IT IS WRITTEN CHATTANOOGA, TN | SPREAD THE GOSPEL OF CHRIST | $1,000 |
| MANNA FOOD BANK ASHEVILLE, NC | FOOD DISTRIBUTION TO THOSE IN NEED | $1,000 |
| THE MEETING PLACE COLUMBUS, NC | SENIOR CITIZEN FOOD DISTRIBUTION | $2,000 |
| SHRINERS CHILDRENS HOSPITALS HENDERSONVILLE, NC | CHILDRENS HOSPITAL | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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.
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