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Walnut Cove Members Association Inc

Foundation · Grantmaker Skyland, NC EIN: 61-1698757 Website

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.

  • 81% of 2025 grantees were also funded in 2024. Method
  • Giving grew 35% from 2022 to 2025. Method

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.

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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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 37 itemized 2025 grant dollars.

Cities

AshevilleHendersonvilleArdenFletcherFlat RockSkylandBrevardCarrboroCharlotteFort CollinsMills River

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$201K$403K$604K$805K2019202020212022202320242025
Metric202520242023
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

  1. Updated Form 990 for fiscal year 2019 (received by the IRS May 19, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS May 10, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS June 27, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS July 5, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS July 5, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS February 16, 2026)
  7. Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
  8. IRS filings on file for fiscal years 2019–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$179K$358K$536K$715K28 grants201919 grants202030 grants202127 grants202227 grants202330 grants202437 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Haywood Street Congregation: $27KHaywood Street Congregation$27KHomeward Bound: $27KHomeward Bound$27KPisgah Legal Services: $27KPisgah Legal Services$27KCalvary Episcopal Church Food Pantry: $26KCalvary Episcopal Church FoodPantry$26KHelpmate Inc: $26KHelpmate Inc$26KManna Foodbank Inc: $26KManna Foodbank Inc$26KEblen Charities: $26KEblen Charities$26KAbccm: $25KAbccm$25KAdvent Health: $25KAdvent Health$25KAsap: $25KAsap$25K

Grant Size Distribution

151 grants across all recorded years

151<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
HAYWOOD STREET CONGREGATION Asheville, NCHUMAN SERVICES$26,500
HOMEWARD BOUND Asheville, NCHUMAN SERVICES$26,500
PISGAH LEGAL SERVICES Asheville, NCHUMAN SERVICES$26,500
CALVARY EPISCOPAL CHURCH FOOD PANTRY Fletcher, NCHUMAN SERVICES$26,000
HELPMATE INC Asheville, NCHUMAN SERVICES$26,000
MANNA FOODBANK INC Mills River, NCHUMAN SERVICES$25,750
EBLEN CHARITIES Asheville, NCHUMAN SERVICES$25,500
ABCCM Asheville, NCHUMAN SERVICES$25,000
ADVENT HEALTH Hendersonville, NCHUMAN SERVICES$25,000
ASAP Asheville, NCNATURAL 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

NameTitleHoursCompensation
Nancy FredinChair3—
Joe TannerVice Chair——
Sierra PaturalskiSecretary1—
Joe TannerCo-Treasurer2—
Matt AguiarCo-Treasurer2—
Jim EligatorBoard Member1.5—
Jeff FaistenhammerBoard Member3—
Sue OlsenBoard Member5—
Colette RodbellBoard Member1—
Silvia SilversteinBoard Member1—
Mark StejbachBoard Member1.5—
Ron BillingsChair Emeritus0.5—

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.

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