The Weatherspoon Foundation

Foundation · Grantmaker Charlotte, NC EIN: 56-2154056

The Weatherspoon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Charlotte, NC. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grant totaling $83K.

Key facts about The Weatherspoon Foundation

In short: The Weatherspoon Foundation gave $83K across 1 grant in 2024 (avg $83K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.

EIN
56-2154056
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$82,736
Grants made (2024)
1
Average grant
$82,736
Median grant
$82,736
Primary geography
North Carolina (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$83K

-91.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$83K

-91.7% YoY

Under IRS private-foundation payout rules, The Weatherspoon Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

How The Weatherspoon Foundation gives

  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

Cities

Charlotte

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M1 grants20200 grants20210 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Foundation for the Carolinas: $83KFoundation for the Carolinas$83K

Grant Size Distribution

3 grants across all recorded years

<$50K1$50–100K$100–250K$250–500K$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Foundation for the Carolinas Charlotte, NCVarious Charitable Support$82,736

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M20202021202220232024
Metric202420232022
Total Assets—$101,969$103,193
Revenue$12$1,000,151$27
Expenses$101,981$1,001,375$7,550
Qualifying Distributions$99,138$1,001,238$7,550
Net Investment Income—$14$27
Distributable Amount$4,763$5,027$5,144

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Weatherspoon Foundation is led by Laura W. Shwedo, President since 2024 (on filings since 2020); none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Laura W. Shwedo

    President

    Board Member → President, 2024

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Martha W. Johansson

    Vice President

    New on the 2024 filing

    0.5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Martha Kay Massey Weatherspoon (2020–2023) — Board Member

Data from IRS Form 990 filings, 2020–2024. "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 Weatherspoon Foundation

How much does The Weatherspoon Foundation give each year?

The Weatherspoon Foundation gave $83K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.0M across 1 grant.

What is The Weatherspoon Foundation?

The Weatherspoon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Charlotte, NC. It holds — in total assets as of 2024.

Where does The Weatherspoon Foundation operate?

The Weatherspoon Foundation has awarded grants in North Carolina.

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

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

What is The Weatherspoon Foundation's EIN?

The Weatherspoon Foundation's EIN (Employer Identification Number) is 56-2154056. IRS Form 990 filing data is available on this page for 2020–2024.

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

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