Walnut Cove Members Association Inc
TO BUILD A SENSE OF COMMUNITY WITHIN WALNUT COVE AND TO SUPPORT OUR MEMBERS' CHARITABLE EFFORTS IN WESTERN NORTH CAROLINA.
Key facts about Walnut Cove Members Association Inc
- EIN
- 61-1698757
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $715,250
- Grants made (2025)
- 37
- Average grant
- $19,331
- Median grant
- $25,000
- New grantees (estimate)
- 14% first-time grantees (5 of 37, 2025)
- Total assets
- $72,287
- Primary geography
- North Carolina (98% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Walnut Cove Members Association Inc funds
By grant dollars, the top recipient states for Walnut Cove Members Association Inc's 37 itemized 2025 grants were North Carolina (98%). The most frequent recipient cities were Asheville, NC (24 grants), Fletcher, NC (3 grants), Hendersonville, NC (2 grants) and Arden, NC (2 grants). None of its 37 grants with a stated purpose were described as general or operating support. Recurring purposes include "Human Services" (27 grants) and "Natural and Cultural" (6 grants).
Is Walnut Cove Members Association Inc open to new grantees?
14%
first-time grantees, 2025
In 2025, 5 of 37 grantees (14%) were first-time recipients. First grants averaged $13K; repeat grants $20K. How we count
Medians: $10K first-time, $25K repeat.
Estimate from itemized IRS Form 990-PF grant lists (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Walnut Cove Members Association Inc
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$72K
+582.0% YoY
Annual Giving
$715K
+17.6% YoY
Grant Count
37
+23.3% YoY
Avg Grant Size
$19K
-4.6% YoY
About Walnut Cove Members Association Inc
Based on IRS filings
Walnut Cove Members Association Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Skyland, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $72K in total assets. In 2025, it awarded 37 grants totaling $715K. Net investment income was $11K.
Focus Areas
Ready to take the next step with Walnut Cove Members Association Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 37 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $72,287 | $10,599 | $7,130 |
| Revenue | $731,890 | $620,655 | $586,957 |
| Expenses | $726,808 | $617,607 | $587,814 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $10,673 | $8,380 | $5,343 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS May 19, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS June 27, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 5, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 5, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS February 16, 2026)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2019–2024
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 2025
Grant Size Distribution
151 grants across all recorded years
Open Grants
1 open opportunity from Walnut Cove Members Association Inc
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Haywood Street Congregation ($26,500), Homeward Bound ($26,500), Pisgah Legal Services ($26,500).
| Recipient | Purpose | Amount |
|---|---|---|
| HAYWOOD STREET CONGREGATION Asheville, NC | HUMAN SERVICES | $26,500 |
| HOMEWARD BOUND Asheville, NC | HUMAN SERVICES | $26,500 |
| PISGAH LEGAL SERVICES Asheville, NC | HUMAN SERVICES | $26,500 |
| CALVARY EPISCOPAL CHURCH FOOD PANTRY Fletcher, NC | HUMAN SERVICES | $26,000 |
| HELPMATE INC Asheville, NC | HUMAN SERVICES | $26,000 |
| MANNA FOODBANK INC Mills River, NC | HUMAN SERVICES | $25,750 |
| EBLEN CHARITIES Asheville, NC | HUMAN SERVICES | $25,500 |
| ABCCM Asheville, NC | HUMAN SERVICES | $25,000 |
| ADVENT HEALTH Hendersonville, NC | HUMAN SERVICES | $25,000 |
| ASAP Asheville, NC | NATURAL AND CULTURAL | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Nancy Fredin | Chair | 3 | — |
| Joe Tanner | Vice Chair | — | — |
| Sierra Paturalski | Secretary | 1 | — |
| Joe Tanner | Co-Treasurer | 2 | — |
| Matt Aguiar | Co-Treasurer | 2 | — |
| Jim Eligator | Board Member | 1.5 | — |
| Jeff Faistenhammer | Board Member | 3 | — |
| Sue Olsen | Board Member | 5 | — |
| Colette Rodbell | Board Member | 1 | — |
| Silvia Silverstein | Board Member | 1 | — |
| Mark Stejbach | Board Member | 1.5 | — |
| Ron Billings | Chair Emeritus | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Walnut Cove Members Association Inc?
Walnut Cove Members Association Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Skyland, NC. It holds $72K in total assets as of 2025.
How large is Walnut Cove Members Association Inc?
As of 2025, Walnut Cove Members Association Inc holds $72K in total assets with $732K in annual revenue. It awarded 37 grants totaling $715K in 2025.
Where does Walnut Cove Members Association Inc operate?
Walnut Cove Members Association Inc has awarded grants in Colorado, North Carolina.
What size grants does Walnut Cove Members Association Inc award?
In 2025, Walnut Cove Members Association Inc awarded 37 grants totaling $715K — an average of about $19K per grant, based on its IRS Form 990 filings.
What is Walnut Cove Members Association Inc's EIN?
Walnut Cove Members Association Inc's EIN (Employer Identification Number) is 61-1698757. IRS Form 990 filing data is available on this page for 2019–2025.
Explore Open Grants
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.