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North Carolina · Private foundation

Redstone Summit Foundation

Its FY2024 filing reports that it accepted unsolicited grant applications.

$23k
Granted FY2024(still arriving)
12
Grants FY2024
6
Organizations funded FY2023
50%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$500
Largest grant, FY2024
$10,000
Organizations funded a year
6 to 8
FY2021 to FY2023
States reached, FY2024
7
Total assets, FY2024
$141k
Applications
Takes unsolicited applications
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 50% of the organizations Redstone Summit Foundation funded were first-time grantees, receiving 24% of its grant dollars.

New vs renewed · share of each year

In FY2023, 76% of grant dollars renewed an existing relationship; $2k went to new ones.

50%100%’22’23
RenewedFirst-time

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

’22’23
EducationHuman ServicesPublic Safety & DisasterOther
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.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving11$16k45%
FY20236$6k50%
FY20227$5k86%
FY20218$4kn/a
89% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$14kHealth$13kReligion$7kHuman Services$2kRecreation & Sports$2kYouth Development$1kArts & Culture$500Environment$500Other$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

MN
PA
CO
NC
SC
LA
GA
TX

Top grantees

Largest recipients by total granted, FY2021 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Franklin & Marshall College$10,00010%
Church of the Good Shepherd Inc$5,4203n/a
Highlands Cashiers Health Foundation Inc$3,25040%
Start the Adventure in Reading Inc$2,05030%
Eagle Valley Family Assistance Fund$1,0001n/a
Cashiers Cares Inc$1,00020%
St Francis Episcopal Church$9002n/a
Blue Ridge School Education Foundation Incorporated$74020%
Glenville-Cashiers Rescue Squad Inc$50010%
Blue Ridge Mountains Health Project Inc$40010%
Show all 12 grantees
All grantees of Redstone Summit Foundation by total granted
GranteeTotal grantedYearsShare of their budget
Franklin & Marshall College$10,00010%
Church of the Good Shepherd Inc$5,4203n/a
Highlands Cashiers Health Foundation Inc$3,25040%
Start the Adventure in Reading Inc$2,05030%
Eagle Valley Family Assistance Fund$1,0001n/a
Cashiers Cares Inc$1,00020%
St Francis Episcopal Church$9002n/a
Blue Ridge School Education Foundation Incorporated$74020%
Glenville-Cashiers Rescue Squad Inc$50010%
Blue Ridge Mountains Health Project Inc$40010%
Summit Charter School$30010%
The Leveen Roach Scholarship Fund of Secession Golf Club$20010%

What it could do for these grantees

Plus 10 recipients with no EIN on record ($6k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Redstone Summit Foundation supplied at peak.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetFranklin & Marshall College: $10,000 over 1y, 0.0% of budgetHighlands Cashiers Health Foundation Inc: $3,250 over 4y, 0.0% of budgetStart the Adventure in Reading Inc: $2,050 over 3y, 0.2% of budgetCashiers Cares Inc: $1,000 over 2y, 0.5% of budgetBlue Ridge School Education Foundation Incorporated: $740 over 2y, 0.1% of budgetGlenville-Cashiers Rescue Squad Inc: $500 over 1y, 0.0% of budgetBlue Ridge Mountains Health Project Inc: $400 over 1y, 0.1% of budgetSummit Charter School: $300 over 1y, 0.0% of budgetThe Leveen Roach Scholarship Fund of Secession Golf Club: $200 over 1y, 0.1% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 9.

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 Double Eagle Foundation 4191-06-43PA17.9× affinity6 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Double Eagle Foundation 4191-06-43 · Florence Mauboules Charitable Trust · The Community Foundation of Western North Carolina Inc · Sneed Family Foundation · Steven and Sheila Miller Foundation · Highlands Cashiers Health Foundation Inc · Brighton Foundation Trust Robert D Markley Trustee · The Billi Marcus Foundation Inc · National Philanthropic Trust · Natl Christian Charitable Fdn Inc · Morgan Stanley Global Impact Funding Trust Inc · Vanguard Charitable Endowment Program

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.

Compare Redstone Summit Foundation with peer funders

About Redstone Summit Foundation

How much does Redstone Summit Foundation give?
Redstone Summit Foundation reported 12 grants totaling $23,440 in its FY2024 IRS filing. It funded between 6 and 8 organizations a year over FY2021 to FY2023.
What does Redstone Summit Foundation fund?
By grant dollars over FY2021 to FY2024, its largest causes are Education (25%), Health (23%), Religion (13%).
Who are Redstone Summit Foundation's largest grantees?
By total granted over FY2021 to FY2024: Franklin & Marshall College ($10k), Church of the Good Shepherd Inc ($5k), Highlands Cashiers Health Foundation Inc ($3k).
Does Redstone Summit Foundation fund new organizations?
In FY2023, 50% of the organizations it funded were first-time grantees.
Does Redstone Summit Foundation accept unsolicited applications?
Its most recent filing reports that it accepts unsolicited grant applications.
Which funders back the same organizations as Redstone Summit Foundation?
Its strongest co-funders, measured against what their size predicts, include The Double Eagle Foundation 4191-06-43, Florence Mauboules Charitable Trust, The Community Foundation of Western North Carolina Inc.
Where is Redstone Summit Foundation based?
Redstone Summit Foundation is based in NC.

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 23 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 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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