The Way Foundation

WILMINGTON, NC EIN: 45-0572015

The Way Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, NC. IRS filing data is available for 2020. In 2020, it awarded 24 grants totaling $198K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$198K

Grant Count

24

Avg Grant Size

$8K

About The Way Foundation

Based on IRS filings

The Way Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, NC. IRS filing data is available for 2020. In 2020, it awarded 24 grants totaling $198K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BOONEBURGAWCASTLE HAYNECLEVELANDGREENVILLEKANSAS CITYPHOENIXRALEIGHSPRINGFIELDTACOMAWILMINGTON

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.12020
Metric2020
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$99K$149K$198K24 grants2020

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2020

CONVOY OF HOPE$30KTHE SALVATION ARMY$25KSAMARITAN'S PURSE$20KWILMINGTON CARENET COUNS…$20KFAMILYWORKS MINISTRIES$10KCOASTAL CHRISTIAN HIGH S…$8KMETHODIST HOME FOR CHILD…$8KBAPTIST MID-MISSIONS$5KCHRISTIAN LIBRARY INTERN…$5KFELLOWSHIP OF CHRISTIAN …$5K

Grant Size Distribution

24 grants across all recorded years

24<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Convoy of Hope ($30,000), The Salvation Army ($25,000), Samaritan's Purse ($20,000).

RecipientPurposeAmount
BAPTIST MID-MISSIONS CLEVELAND, OHVARIOUS MISSIONS$5,000
CHRISTIAN LIBRARY INTERNATIONAL RALEIGH, NCVARIOUS MISSIONS$5,000
COASTAL CHRISTIAN HIGH SCHOOL WILMINGTON, NCHIGH SCHOOL MINSITRIES, INCLUDING SCHOLARSHIP ASSSITANCE$8,000
CONVOY OF HOPE SPRINGFIELD, MOVARIOUS MINISTRIES$30,000
FAMILYWORKS MINISTRIES GREENVILLE, NCVARIOUS MINISTRIES$10,000
FELLOWSHIP OF CHRISTIAN ATHLETES KANSAS CITY, MOVARIOUS MINISTRIES$5,000
FIRST FRUITS MINISTRIES WILMINGTON, NCVARIOUS MISSIONS FOR HOMELESS, INCLUDING HOUSING AND FEEDING$5,000
FRONTIERS PHOENIX, AZVARIOUS INTERNATIONAL MISSIONS$3,000
INTERNATIONAL SEAMAN'S SERVICE INC WILMINGTON, NCID CARDS AND MISSION WORK$5,000
LOWER CAPE FEAR HOSPICE FOUNDATION WILMINGTON, NCPROVIDE HOSPICE AND CHAPLAIN SERVICES$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

NameTitleHoursCompensation
JOHN S GILLILAN JRCHAIRMAN3
JOHN C MARTINVICE CHAIRMAN2
ARMIED A GODWIN IIIPRESIDENT\TREASURER2
JACKIE MARTINSECRETARY2
CINDY GODWINBOARD MEMBER2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Way Foundation?

The Way Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, NC. It holds — in total assets as of 2020.

Where does The Way Foundation operate?

The Way Foundation has awarded grants in Arizona, Missouri, North Carolina, Ohio, Washington.

What size grants does The Way Foundation award?

In 2020, The Way Foundation awarded 24 grants totaling $198K — an average of about $8K per grant, based on its IRS Form 990 filings.

What is The Way Foundation's EIN?

The Way Foundation's EIN (Employer Identification Number) is 45-0572015. IRS Form 990 filing data is available on this page for 2020.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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