Victoria Garrett Legacy Foundation
The Victoria Garrett Legacy Foundation is a private foundation located in Asheville, North Carolina. Established in 2019, it operates as a 501(c)(3) public foundation focused on grantmaking and philanthropy. The foundation supports charitable purposes and projects through strategic grant distribution to nonprofit organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$17.6M
-3.6% YoY
Annual Giving
$1.1M
+13.9% YoY
Grant Count
27
-32.5% YoY
Avg Grant Size
$42K
+68.8% YoY
Under IRS private-foundation payout rules, Victoria Garrett Legacy Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation has not publicly provided a formal mission statement. However, its grantmaking activities demonstrate a focus on:
- Charitable causes and general support
- Human services
- Health care
- Religious and educational organizations
- Youth and family services
The foundation provided funds for general support to 15 various churches and charitable organizations in its most recent reporting period.
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$1,000 to $500,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in North Carolina, with some grantmaking activity extending to Florida and Texas.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $18.3 million
- Total Revenues: $484,158
- Total Expenses: $1,049,866
- Total Liabilities: $0
- Annual Giving Rate: 5.4% of assets
Historical Comparison (2022):
- Total Assets: $18.8 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,598,507 | $18,255,372 | $18,821,080 |
| Revenue | $524,221 | $484,158 | $362,981 |
| Expenses | $1,192,694 | $1,049,866 | $1,111,006 |
| Qualifying Distributions | $1,135,300 | $996,430 | $1,043,133 |
| Net Investment Income | $413,077 | $400,831 | $317,955 |
| Distributable Amount | $1,085,537 | $960,343 | $945,646 |
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
138 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Black Mountain Home for Children ($700,000), Abccm ($100,000), Eagle Ranch Inc ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABCCM ASHEVILLE, NC | CHARITABLE | $100,000 |
| ASHEVILLE DREAM CENTER ASHEVILLE, NC | CHARITABLE | $15,000 |
| BABYCYCLE DIAPER BANK PINELLAS PARK, FL | CHARITABLE | $5,000 |
| BEYOND RICHARDSON, TX | CHARITABLE | $5,000 |
| BLACK MOUNTAIN HOME FOR CHILDREN BLACK MOUNTAIN, NC | CHARITABLE | $700,000 |
| CAMPER'S CARE GRETNA, VA | CHARITABLE | $28,000 |
| CHANGED CHOICES CHARLOTTE, NC | CHARITABLE | $700 |
| CHRIST METHODIST CHURCH INC SAINT PETERSBURG, FL | CHARITABLE | $1,900 |
| CORE COMMUNITY ORGANIZED RELIEF LOS ANGELES, CA | CHARITABLE | $18,000 |
| EAGLE RANCH INC CHESTNUT MOUNTAIN, GA | CHARITABLE | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VICTORIA GARRETT KANEKLIDES | DIRECTOR | 0.25 | — |
| NORMAN PAUL KANEKLIDES | DIRECTOR | 0.25 | — |
Recent News & Activity
Recent developments and announcements
The foundation maintains an active grantmaking program, with its most recent tax filing processed in December 2023. It ranks among the top foundations in the Asheville area by total giving and continues to support charitable organizations across multiple sectors including human services, health care, and community development.
Victoria Foundation distributes $5.35 million to 209 organizations - VictoriaSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Victoria Garrett Legacy Foundation fund?
The foundation has not publicly provided a formal mission statement. However, its grantmaking activities demonstrate a focus on: • Charitable causes and general support • Human services • Health care • Religious and educational organizations • Youth and family services The foundation provided funds for general support to 15 various churches and charitable organizations in its most recent reporting period.
How do I apply for a grant from Victoria Garrett Legacy Foundation?
**Grant Activity & Amounts:** • Made 36 grants in 2023 totaling approximately $995,000 • Made 35 grants in 2022 totaling approximately $1.0 million • Grant range: $1,000 to $500,000 • Median grant size: $9,000 (2023) **Recent Notable Grants (2023):** • Black Mountain Home for Children Youth and Families: $500,000 • Eagle Ranch: $95,000 • Valley Haven Camp and Retreat: $51,000 **Application Policy:** The foundation does not accept unsolicited applications and operates on an invite-only basis.
Where does Victoria Garrett Legacy Foundation make grants?
The foundation primarily funds organizations in North Carolina, with some grantmaking activity extending to Florida and Texas.
What size grants does Victoria Garrett Legacy Foundation award?
In 2024, Victoria Garrett Legacy Foundation awarded 27 grants totaling $1.1M — an average of about $42K per grant, based on its IRS Form 990 filings.
How much is Victoria Garrett Legacy Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Victoria Garrett Legacy Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Victoria Garrett Legacy Foundation's EIN?
Victoria Garrett Legacy Foundation's EIN (Employer Identification Number) is 83-2574391. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Victoria Garrett Legacy Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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