Victory Mountain Ministries
Victory Mountain Ministries is a private foundation, based in CLYDE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7K in total assets. In 2024, it awarded 24 grants totaling $129K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7K
-58.4% YoY
Annual Giving
$129K
+135.9% YoY
Grant Count
24
-17.2% YoY
Avg Grant Size
$5K
+185.1% YoY
Under IRS private-foundation payout rules, Victory Mountain Ministries reported a distributable amount of $615 for 2024 — the minimum it must pay out in qualifying distributions.
About Victory Mountain Ministries
Based on IRS filings
Victory Mountain Ministries is a private foundation, based in CLYDE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7K in total assets. In 2024, it awarded 24 grants totaling $129K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,721 | $16,147 | $19,189 |
| Revenue | $132,400 | $67,660 | $37,900 |
| Expenses | $142,006 | $70,702 | $45,864 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $615 | — | — |
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
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include LifeWorks Wellness ($76,482), JR Crouse ($20,333), Salvation Army of Waynesville ($4,981).
| Recipient | Purpose | Amount |
|---|---|---|
| Dianne Bledsoe Hendersonville, NC | Phone expense for retire pastors | $500 |
| Asbury Theological Seminary Wilmore, KY | Student fees for theology student | $1,024 |
| Richard Fish Ministry Tyler, TX | General Funds | $100 |
| Access Secure Funds Saint Louis, MO | Inmate Joseph Jackson food and hygiene items | $136 |
| Michael Cobbledick Marshall, NC | Moving expenses for a widow whose home is unfit | $320 |
| Salvation Army of Waynesville Waynesville, NC | Flood Relief Items | $4,981 |
| LifeWorks Wellness Clearwater, FL | Medical bills for Pastor Suzette Bowman | $76,482 |
| Hope Reigns Raleigh, NC | General Funds | $1,386 |
| Everlove Waynesville, NC | Funeral expenses for Paster Paul Hensley | $1,340 |
| The Rock Church Candler, NC | Mission trips | $551 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Martha Matthews Director | Secretary | — | — |
| Mona W Nordsell | Treasurer | — | — |
Frequently Asked Questions
How large is Victory Mountain Ministries?
As of 2024, Victory Mountain Ministries holds $7K in total assets with $132K in annual revenue. It awarded 24 grants totaling $129K in 2024.
Where does Victory Mountain Ministries operate?
Victory Mountain Ministries has awarded grants in California, Florida, Georgia, Hawaii, Kentucky, Louisiana, Missouri, North Carolina, New York, South Carolina, Texas.
What size grants does Victory Mountain Ministries award?
In 2024, Victory Mountain Ministries awarded 24 grants totaling $129K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Victory Mountain Ministries required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Victory Mountain Ministries reported a distributable amount of $615 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Victory Mountain Ministries's EIN?
Victory Mountain Ministries's EIN (Employer Identification Number) is 27-1263998. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Victory Mountain Ministries's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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