The Sycamore Foundation Inc
The Sycamore Foundation Inc is a private foundation, based in New York, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 7 grants totaling $56K. Net investment income was $78K.
The Sycamore Foundation Inc at a glance
In short: The Sycamore Foundation Inc gave $56K across 7 grants in 2025 (avg $8K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $56,000
- +1.8% vs 2024
- Grants made (2025)
- 7
- +40.0% vs 2024
- Average grant
- $8,000
- -27.3% vs 2024
- Median grant
- $7,500
- Total assets
- $1,031,130
- +1.6% vs 2024
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Sycamore Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Roof Above ($15K). Together the top 7 received $56K.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was under $50K: 28 grants of 28 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
States
Cities
How The Sycamore Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (−2%). Method
- In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $45K (2021) to $60K (2023). In 2025 it made 7 grants totaling $56K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Roof Above Charlotte, NC | General | $15,000 |
| Families Forward Charlotte, NC | General | $10,000 |
| Forward Pass Foundation Charlotte, NC | General | $8,500 |
| Charlotte Center for Literary Arts Inc Charlotte, NC | General | $7,500 |
| Center for Community Transitions Charlotte, NC | General | $5,000 |
| Charlotte Girl Garage Charlotte, NC | General | $5,000 |
| Pats Place Child Advocacy Center Charlotte, NC | General | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,031,130 | $83,128 | $66,603 | $56,000 | 7 | $59,905 | $77,526 | $64,440 |
| 2024 | $1,014,609 | $64,877 | $64,330 | $55,000 | 5 | $58,040 | $59,318 | $60,134 |
| 2023 | $1,014,062 | $57,886 | $69,638 | $60,000 | 5 | $63,400 | $53,022 | $57,143 |
| 2022 | $1,025,844 | $108,851 | $66,161 | $57,000 | 6 | $60,615 | $103,905 | $62,724 |
| 2021 | $983,118 | $90,352 | $54,426 | $44,500 | 5 | — | $85,350 | $61,683 |
Under IRS private-foundation payout rules, The Sycamore Foundation Inc reported a distributable amount of $64K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Sycamore Foundation Inc is led by Jessie L. Thompson, President & Treasurer on every filing since 2021 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Jessie L. Thompson
President & Treasurer
On filings since 2021
1 hr/week
No compensation reported
Former officers (1)
- Former: Sylvia M. Thompson (2021–2023) — Vice President
Data from IRS Form 990 filings, 2021–2025. "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 Sycamore Foundation Inc
How much does The Sycamore Foundation Inc give each year?
The Sycamore Foundation Inc gave $56K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $55K across 5 grants.
What is The Sycamore Foundation Inc's typical grant size?
The Sycamore Foundation Inc's median grant in 2025 was $7,500, and its average grant was $8,000, across 7 grants on its 2025 IRS Form 990-PF.
Where does The Sycamore Foundation Inc give grants?
The Sycamore Foundation Inc gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Charlotte, NC (7 grants).
Does The Sycamore Foundation Inc give general operating support?
Yes: 100% of The Sycamore Foundation Inc's 2025 grants with a stated purpose (7 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Sycamore Foundation Inc's largest grantees?
The Sycamore Foundation Inc's largest 2025 grantees include Roof Above ($15,000), Families Forward ($10,000) and Forward Pass Foundation ($8,500), according to its 2025 IRS Form 990-PF. Together they received 60% of its itemized 2025 grant dollars.
How large is The Sycamore Foundation Inc?
The Sycamore Foundation Inc reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $60K in qualifying distributions that year, against a required minimum of $64K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Sycamore Foundation Inc's EIN?
The Sycamore Foundation Inc's EIN (Employer Identification Number) is 56-2091833. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Live grants for the work The Sycamore Foundation Inc funds
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