Victoria Garrett Legacy Foundation
The Victoria Garrett Legacy Foundation is a private foundation based in Asheville, North Carolina. In its 2024 filing, it reported awarding grants to 27 qualified public charities to support general charitable purposes.
Key facts about Victoria Garrett Legacy Foundation
In short: Victoria Garrett Legacy Foundation gave $1.1M across 27 grants in 2024 (avg $42K), mostly in North Carolina. 22% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 83-2574391
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,135,300
- Grants made (2024)
- 27
- Average grant
- $42,048
- Median grant
- $10,000
- New grantees (estimate)
- 22% first-time grantees (6 of 27, 2024)
- Total assets
- $17,598,507
- Primary geography
- North Carolina (87% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
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.
Is Victoria Garrett Legacy Foundation open to new grantees?
22%
first-time grantees, 2024
In 2024, 6 of 27 grantees (22%) were first-time recipients. First grants averaged $15K; repeat grants $50K. How we count
Medians: $14K first-time, $10K repeat.
- 74% of 2024 grantees were also funded in 2023. Method
- Giving grew 167% from 2021 to 2024. Method
- In 2024 it paid out 105% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation’s filing describes its grantmaking as support for general charitable purposes. Its grantees include organizations working with children and families, providing food assistance, supporting survivors of violence, and offering disaster-related aid. These are examples of grantee work, not a stated mission or formal focus-area list for the foundation.
For example, Black Mountain Home for Children says its mission is to care for children, youth, and families. MANNA Food Bank describes its work as ending hunger in Western North Carolina, while SafeLight says it supports victims of domestic and interpersonal violence, sexual assault, and child abuse.
Grantmaking
In 2024, the foundation reported 27 grants totaling $1,135,300. Grant amounts ranged from $500 to $700,000, with a median of $10,000. The largest reported grants included $700,000 to Black Mountain Home for Children, $100,000 to ABCCM, and $50,000 to Eagle Ranch Inc. Other grants included $41,500 to Skyland United Methodist Church, $35,000 to Parson of the Hills Foundation, and $28,000 to Camper’s Care.
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Geographic Focus
Where this funder awards grants
In 2024, 87% of grant dollars went to recipients in North Carolina. The remaining reported shares went to Georgia (4%), Florida (4%), Virginia (2%), and California (2%).
Grant Distribution by State
Share of all 27 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $426K (2021) to $1.1M (2024). In 2024 it made 27 grants totaling $1.1M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Black Mountain Home for Children ($700K). Together the top 10 received $1.0M.
Grant Size Distribution
138 grants across all recorded years
The most common grant size was under $50K: 120 grants of 138 (87%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Black Mountain Home for Children Black Mountain, NC | Charitable | $700,000 |
| Abccm Asheville, NC | Charitable | $100,000 |
| Eagle Ranch Inc Chestnut Mountain, GA | Charitable | $50,000 |
| Skyland United Methodist Church Skyland, NC | Charitable | $41,500 |
| Parson of the Hills Foundation Hickory, NC | Charitable | $35,000 |
| Camper's Care Gretna, VA | Charitable | $28,000 |
| Western Carolina Rescue Ministires Asheville, NC | Purpose | $20,000 |
| Core Community Organized Relief Los Angeles, CA | Charitable | $18,000 |
| Asheville Dream Center Asheville, NC | Charitable | $15,000 |
| Manna Food Bank Asheville, NC | Charitable | $15,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $17,598,507 | $524,221 | $1,192,694 | $1,135,300 |
| 2023 | $18,255,372 | $484,158 | $1,049,866 | $996,430 |
| 2022 | $18,821,080 | $362,981 | $1,111,006 | $1,038,640 |
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Victoria Garrett Kaneklides and Norman Paul Kaneklides as directors.
Victoria Garrett Legacy Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Norman Paul Kaneklides
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Victoria Garrett Kaneklides
Director
On filings since 2020
0.3 hrs/week
No compensation reported
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.
Contact
Mailing address: 45 Beadle Lane, Asheville, NC 28803
Phone: (855) 739-2921
Frequently asked questions about Victoria Garrett Legacy Foundation
How much does Victoria Garrett Legacy Foundation give each year?
Victoria Garrett Legacy Foundation gave $1.1M across 27 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $996K across 40 grants.
What is Victoria Garrett Legacy Foundation's typical grant size?
Victoria Garrett Legacy Foundation's median grant in 2024 was $10,000, and its average grant was $42,048, across 27 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Victoria Garrett Legacy Foundation that year got $15K on average.
Where does Victoria Garrett Legacy Foundation give grants?
Victoria Garrett Legacy Foundation gives mostly in North Carolina: 87% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Asheville, NC (8 grants) and Saint Petersburg, FL (4 grants).
Does Victoria Garrett Legacy Foundation give general operating support?
Not in 2024: none of the 27 grants with a stated purpose on Victoria Garrett Legacy Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (24 grants).
Who are Victoria Garrett Legacy Foundation's largest grantees?
Victoria Garrett Legacy Foundation's largest 2024 grantees include Black Mountain Home for Children ($700,000), Abccm ($100,000) and Eagle Ranch Inc ($50,000), according to its 2024 IRS Form 990-PF. Together they received 75% of its itemized 2024 grant dollars.
How large is Victoria Garrett Legacy Foundation?
Victoria Garrett Legacy Foundation reported $17.6M in total assets on its 2024 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets).
What does Victoria Garrett Legacy Foundation fund?
The foundation’s filing describes its grantmaking as support for general charitable purposes. Its grantees include organizations working with children and families, providing food assistance, supporting survivors of violence, and offering disaster-related aid. See mission & focus areas ↑
How do I apply for a grant from Victoria Garrett Legacy Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does Victoria Garrett Legacy Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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