Winding Stair Foundation
Winding Stair Foundation is a private foundation, based in Franklin, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $49K in total assets. In 2024, it awarded 2 grants totaling $51K.
Key facts about Winding Stair Foundation
In short: Winding Stair Foundation gave $51K across 2 grants in 2024 (avg $26K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.
- EIN
- 85-3533254
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $51,000
- Grants made (2024)
- 2
- Average grant
- $25,500
- Median grant
- $25,500
- Total assets
- $48,734
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$49K
+63.4% YoY
Annual Giving
$51K
Grant Count
2
Avg Grant Size
$26K
Under IRS private-foundation payout rules, Winding Stair Foundation reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.
How Winding Stair Foundation gives
- Giving grew 21% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $4K (2022) to $51K (2024). In 2024 it made 2 grants totaling $51K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Macon County Farmers Market ($26K). Together the top 2 received $51K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Macon County Farmers Market Franklin, NC | Assist in fulfilling the organziations mission | $26,000 |
| Macon County Care Net Franklin, NC | Assist in fulfilling the organziations mission | $25,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $48,734 | $29,818 | $31,016 |
| Revenue | $86,500 | — | $27,500 |
| Expenses | $70,543 | $1,198 | $5,477 |
| Qualifying Distributions | $70,543 | — | $4,350 |
| Distributable Amount | $1,012 | $1,503 | $1,506 |
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
Officers and directors from IRS filings
Winding Stair Foundation is led by Gregory Mullins, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Gregory Mullins
President
On filings since 2020
No compensation reported
John Penninger
Secretary
On filings since 2020
No compensation reported
Stacy Bredendieck
Treasurer
On filings since 2020
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.
Frequently asked questions about Winding Stair Foundation
How much does Winding Stair Foundation give each year?
Winding Stair Foundation gave $51K across 2 grants in 2024, according to its 2024 IRS Form 990-PF.
How large is Winding Stair Foundation?
Winding Stair Foundation reported $49K in total assets on its 2024 IRS Form 990-PF. It paid out $71K in qualifying distributions that year, against a required minimum of $1K (roughly 5% of its investment assets).
Where does Winding Stair Foundation operate?
Winding Stair Foundation has awarded grants in Alabama, Georgia, North Carolina.
What is Winding Stair Foundation's EIN?
Winding Stair Foundation's EIN (Employer Identification Number) is 85-3533254. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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