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Pisgah Investments Foundation Inc at a glance

· Private foundation

Pisgah Investments Foundation Inc

Its FY2025 filing reports that it accepted unsolicited grant applications.

$418k
Granted FY2025still arriving
11
Grants FY2025still arriving
2
States reached
$85k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
0199% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2025.

Education$505kHuman Services$480kFood & Nutrition$320kYouth Development$265kEnvironment$200kHealth$180kCrime & Legal$120kHousing & Shelter$120kOther$0
02FY2025 · 11 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k1 grant · $5k
  • $10k–50k6 grants · $168k
  • $50k–250k4 grants · $245k
$40,000
Median grant
2
States reached
$10M
Total assets
Largest grants
RecipientAmount
Warren Wilson College$85,000
Riverlink Inc$60,000
MAHEC$50,000
YMCA Of Western North Carolina$50,000
Individual grant recipient$40,000
Kids On Point$40,000
Literacy Together$32,500
Mountain Child Advocacy Center$25,000
All Souls Counseling Center$15,000
The North Carolina Arboretum$15,000
Evergreen Community Charter School$5,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY24–24, $90k) land where the poverty rate runs at 12%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%W4H Asheville: $90k → 12%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

87%of every dollar goes to organizations it has funded before.
$2.0M · 19 repeat orgs$295k to everyone else

Grantees it renews have grown median revenue +67% since the first grant, against 0% for those funded once.

19 repeat relationships: 10 still active in FY2025, 9 since wound down; 1 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

19
9

Total granted

$2.0M
$255k

Median revenue growth · since first grant

+67%
0%

Still filing today

74%
78%

New vs renewed · share of each year

In FY2025, 90% of grant dollars renewed an existing relationship; $40k went to new ones.

50%100%’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’20’21’22’23’24’25
EducationHealthFood & NutritionRecreation & SportsHousing & ShelterYouth DevelopmentOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • MANNA FOOD BANK INC
    5× · 2020–2024 · $300k · revenue +153%
  • KO
    KIDS ON POINT INC
    6× · 2020–2025 · $265k · revenue +162%
  • WARREN WILSON COLLEGE
    3× · 2021–2025 · $185k · revenue +67%

Funded once

  • WA
    W4H ASHEVILLE
    one grant, 2024 · $90k · revenue 0%
  • IA
    INTERNATIONAL AFRICAN AMERICAN MUSEUMgraduated
    one grant, 2023 · $59k · revenue +51%
  • LL
    LAKE LOGAN CONFERENCE CENTER AND CAMP HENRY INC
    one grant, 2021 · $25k · revenue -15%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Wake Forest University

Wake Forest University, a 501(c)(3) institution of higher education, is dedicated to the pursuit of excellence in the liberal arts and in graduate and professional education. The organization is comprised of seven constituent parts: Wake…

Education
2
Wnc Health Network Inc

WNC Health Network, Inc supports people and organizations to improve community health and wellbeing across Western North Carolina.

Health
3
Greensboro College

Greensboro College provides a liberal arts education grounded in the traditions of the United Methodist Church and fosters the intellectual, social, and spiritual development of all students while supporting their individual needs.

Education
4
Counseling Center of Highlands

The Counseling Center strives to strengthen families and individuals by providing access to quality mental health services regardless of financial ability.

Health
5
Roane County Medical Center

Roane County Medical Center provides quality healthcare, in alignment with Covenant Health's mission to serve the community by improving the quality of life through better health, regardless of a patient's ability to pay.

Health
6
Carolinas Center for Medical Excellence Found ation
Health
7
Carolina Family Health Centers Inc

Carolina Family Health Centers, Inc. provides accessible and affordable health care with excellence...where patients come FIRST

—
8
University Health Systems of Eastern Carolina Inc

To improve the health and well-being of eastern north carolina.

Health
9
East Carolina Health

To improve the health and well-being of eastern north carolina.

Health
10
Food Bank of Central & Eastern Nc Inc

Nourish people. build solutions. empower communities. no one goes hungry.

Food & Nutrition
11
Haywood Pathways Center Inc

Guided by faith, love, and respect, we provide food, shelter, and individualized supportive services for Haywood County residents.

Housing & Shelter
12
Catawba Lands Conservancy

As a nationally accredited land trust, we conserve and manage land for public benefit in North Carolinas Southern Piedmont. We have conserved 235 properties, totaling 17,786 acres of land. We also facilitate the creation of a 1600 mile…

Environment
How this is measured
The grantee most central to the portfolio’s shape is Mountain Area Health Education Center Inc; the most unlike its peers is Young Men's Christian Association of Western North Carolina. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

21 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 21 of the 29 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
5
Early backer (in before they grew)
21/21
Grantees still filing
15/21
Grew since first funded

Where the money sits, by cause and then by grantee

YMCA OF WNC: $165,000 · OtherYMCA OF WNCYOUNG MEN'S CHRISTIAN ASSOCIATION OF WESTERN NORTH CAROLINA: $150,000 · OtherYOUNG MEN'S CHRISTIAN ASSOCIATION OF WESTERN NORTH C…Mountain Child Advocacy Center Inc: $120,000 · OtherMountain Child Advocacy Center IncLiteracy Together: $117,500 · OtherLiteracy TogetherHOMEWARD BOUND WNC: $100,000 · OtherHOMEWARD BOUND WNCRiverLink Inc: $80,000 · OtherRiverLink IncTHE NC ARBORETUM SOCIETY: $75,000 · OtherTHE NC ARBORETUM SOCIETYHALOS: $75,000 · OtherHALOSThe North Carolina Arboretum: $45,000 · OtherIndividual grant recipient: $40,000 · Other+7 more: $106,273 · Other+7 moreWARREN WILSON COLLEGE: $185,000 · EducationWARREN WILSON COL…MOUNTAIN AREA HEALTH EDUCATION CENTER INC: $100,000 · EducationMOUNTAIN AREA HEA…Davidson College: $45,000 · EducationDavidson CollegeOpen Doors of Asheville Inc: $26,000 · EducationOpen Doors of Ash…+1 more: $10,000 · EducationMANNA FOOD BANK INC: $300,000 · Food & NutritionMANNA FOOD BAN…KIDS ON POINT INC: $265,000 · Recreation & SportsKIDS ON POIN…All Souls Counseling Center: $75,000 · HealthBLACK MOUNTAIN COUNSELING CENTER IN: $60,045 · HealthRoper St Francis Foundation: $45,000 · HealthW4H ASHEVILLE: $90,000 · Human ServicesINTERNATIONAL AFRICAN AMERICAN MUSEUM: $59,000 · Arts & Culture
Other$1,073,773Education$366,000Food & Nutrition$300,000Recreation & Sports$265,000Health$180,045Human Services$90,000Arts & Culture$59,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetMANNA FOOD BANK INC: $300,000 over 5y, 0.4% of budgetKIDS ON POINT INC: $265,000 over 6y, 5.9% of budgetWARREN WILSON COLLEGE: $185,000 over 3y, 0.1% of budgetYOUNG MEN'S CHRISTIAN ASSOCIATION OF WESTERN NORTH CAROLINA: $150,000 over 2y, 0.3% of budgetMountain Child Advocacy Center Inc: $120,000 over 5y, 4.5% of budgetLiteracy Together: $117,500 over 5y, 5.2% of budgetMOUNTAIN AREA HEALTH EDUCATION CENTER INC: $100,000 over 2y, 0.0% of budgetW4H ASHEVILLE: $90,000 over 1y, 7.3% of budgetRiverLink Inc: $80,000 over 3y, 0.7% of budgetAll Souls Counseling Center: $75,000 over 4y, 6.5% of budgetBLACK MOUNTAIN COUNSELING CENTER IN: $60,045 over 3y, 7.6% of budgetINTERNATIONAL AFRICAN AMERICAN MUSEUM: $59,000 over 1y, 0.8% of budgetDavidson College: $45,000 over 2y, 0.0% of budgetRoper St Francis Foundation: $45,000 over 2y, 0.2% of budgetOpen Doors of Asheville Inc: $26,000 over 4y, 0.9% of budgetLAKE LOGAN CONFERENCE CENTER AND CAMP HENRY INC: $25,000 over 1y, 1.8% of budgetLOWCOUNTRY FOOD BANK INC: $20,000 over 1y, 0.0% of budgetSHELTER DOG TRANSPORT ALLIANCE: $20,000 over 1y, 7.3% of budgetOne-Eighty Place: $20,000 over 1y, 0.2% of budgetEVERGREEN COMMUNITY CHARTER SCHOOL: $10,000 over 2y, 0.1% of budgetPartnership for Appalachian Girls Education: $6,273 over 1y, 0.8% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Community Foundat…Dogwood Health TrustWnc Bridge FoundationTd Charitable Foundat…Foundation for the Ca…The Frances & William…Richard Eckerd Founda…The Goodman Foundatio…The Hedrick Family Fo…Community Foundation …The Cannon Foundation…Morosani Foundation
The Community Foundation of Western North Carolina IncNC31.6× affinity13 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Community Foundation of Western North Carolina Inc · Dogwood Health Trust · Wnc Bridge Foundation · Td Charitable Foundation · Foundation for the Carolinas · The Frances & William H Beattie Fdn · Richard Eckerd Foundation Inc · The Goodman Foundation Inc · The Hedrick Family Foundation · Community Foundation of Henderson County Inc · The Cannon Foundation Inc · Morosani Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Pisgah Investments Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from Pisgah Investments Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%1%3%6%10%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    11report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
    05Through Plinth

    Warm introductions · Powered by PlinthPlus

    How do I get to Pisgah Investments Foundation Inc?

    Find your warmest path to Pisgah Investments Foundation Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

    Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 29 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Pisgah Investments’ filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home