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Redstone Summit Foundation at a glance

· Private foundation

Redstone Summit Foundation

Its FY2024 filing reports that it accepted unsolicited grant applications.

$23k
Granted FY2024still arriving
12
Grants FY2024still arriving
7
States reached
$10k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
0189% 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
02FY2024 · 12 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k11 grants · $13k
  • $10k–50k1 grant · $10k
$500
Median grant
7
States reached
$141k
Total assets
Largest grants
RecipientAmount
Franklin & Marshall College$10,000
Mayo Clinic$7,500
Church of the Good Shepherd$1,500
Eagle Valley Family Assistance Fund$1,000
Highlands Cashiers Health Foundation$1,000
Cashiers Cares Inc$500
Blue Ridge School Education Foundation Inc$440
Blue Ridge Mountains Health Project Inc$400
St Francis Episcopal Church$400
Start the Adventure in Reading Inc$300
The LeVeen-Roach Scholarship Fund of Secession Golf Club$200
First Tee - Central Carolina WNC Chapter (Golf Fore Fun Inc)$200
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 (FY23–24, $2k) land where the poverty rate runs at 12%, against an area that typically sits at 14%. 50% of those dollars go to grantees based in above-average-need neighborhoods. Its grants spread fairly evenly across need levels.

area typical 14%Eagle Valley Family Assistance Fund: $1k → 7%CASHIERS CARES: $500 → 18%Cashiers Cares Inc: $500 → 18%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.

Which US states its grants reach

MN
PA
CO
NC
SC
LA
GA
TX
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.
04

Where the work is directed

The same grants placed two ways: where each recipient sits, and where its stated purpose sends the money.

About 25% of Redstone Summit Foundation’s grant dollars are earmarked for a different county than the recipient’s own address.

Redstone Summit Foundationlessmore of its giving
Placed by recipient address
How this is measured
Recipient view: each grant at its grantee’s ZIP, mapped to a county. Directed view: each grant at the county its stated purpose names, falling back to the recipient’s county when the purpose names no place; US grants only. A county shows only if it carries the top 95% of that view’s dollars. Purposes are read from the funder’s own 990 grant descriptions.
03Its grantees
repeat funding

Who it funds again

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

43%of every dollar goes to organizations it has funded before.
$13k · 6 repeat orgs$18k to everyone else

6 repeat relationships: 6 still active in FY2024, 0 since wound down; 5 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

6
11

Total granted

$13k
$6k

Median revenue growth · since first grant

+4%
+31%

Still filing today

67%
18%

New vs renewed · share of each year

In FY2024, 26% of grant dollars renewed an existing relationship; $12k went to new ones.

50%100%’21’22’23’24
RenewedFirst-time

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

’21’22’23’24
EducationHuman ServicesHealthPublic 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.

Backed again, and grew

  • CO
    CHURCH OF THE GOOD SHEPHERD INC
    3× · 2022–2024 · $5k
  • HC
    Highlands Cashiers Health Foundation Inc
    4× · 2021–2024 · $3k · revenue -69%
  • ST
    START THE ADVENTURE IN READING INC
    3× · 2022–2024 · $2k · revenue -21%

Funded once

  • TC
    THE CHURCH OF THE GOOD SHEPHARD
    one grant, 2021 · $1k
  • LS
    LEVEEN-ROACH SCHOLARSHIP FUND OF SECESSION GOLF CLUB
    one grant, 2022 · $1k
  • BB
    BIG BROTHERS BIG SISTERS
    one grant, 2022 · $730
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
Mountain Area Health Education Center Inc

The nc ahec program provides and supports educational activities and services with a focus on primary care in rural communities and those with less access to resources to recruit, train, and retain the workforce needed to create a healthy…

Education
2
Gray Stone Educational Foundation Inc Dba Gray Stone Day School

Provide facilities, teachers, and materials to students enrolled at a public charter school

Education
3
Piedmont Classical High School

Education as a public charter school

Education
4
Rise Southeast Raleigh Charter School Inc

To prepare kindergarten through eighth-grade students to thrive in competitive high schools and four-year colleges. the school provides students with a rigorous academic program and a values-based community grounded in its core principles.

Education
5
Greater Augusta Regional Chamber of Commerce Foundation
—
6
Raleigh School of Nurse Anesthesia
Education
7
River Mill Academy

Operation of a north carolina public charter school

Education
8
J Harold Smith Carolina Scholars
Philanthropy
9
East Wake First Charter School

Operation of a public charter school

Education
10
Educational Foundation South Carolina Bankers Association

To aid banking education by providing scholarships to college students.

—
11
The University of North Carolina At Greensboro Investment Fund Inc

To accept the transfer of assets from the uncg endowment fund and the affiliated foundations, which benefit the university, and to manage the investment of those assets.

Education
12
North Carolina Educational Scholarship Fund Inc

To fund academic scholarships for the young people in the state of north carolina to pursue post-secondary education trade and technical studies, undergraduate studies and graduate studies.

Education
How this is measured
The grantee most central to the portfolio’s shape is Blue Ridge Mountains Health Project Inc; the most unlike its peers is Eagle Valley Family Assistance Fund. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
05the grantee network

11 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. 11 of the 23 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)
0
Early backer (in before they grew)
11/11
Grantees still filing
5/11
Grew since first funded

Where the money sits, by cause and then by grantee

FRANKLIN & MARSHALL COLLEGE: $10,000 · EducationFRANKLIN & MARSHALL COLLEGESTART THE ADVENTURE IN READING INC: $2,050 · EducationSTART THE ADVENTURE IN READING INCBLUE RIDGE SCHOOL EDUCATION FOUNDATION INCORPORATED: $740 · EducationBLUE RIDGE SCHOOL EDUCATION FOUNDATIO…+2 more: $500 · EducationMAYO CLINIC: $9,000 · HealthMAYO CLINICHighlands Cashiers Health Foundation Inc: $3,250 · HealthHighlands Cashiers Health Foundatio…+1 more: $400 · HealthCHURCH OF THE GOOD SHEPHERD INC: $5,420 · OtherCHURCH OF THE GOOD SHEPHERD INCTHE CHURCH OF THE GOOD SHEPHARD: $1,090 · OtherTHE CHURCH OF THE GOOD SHEPHARDLEVEEN-ROACH SCHOLARSHIP FUND OF SECESSION GOLF CLUB: $1,000 · OtherLEVEEN-ROACH SCHOLARSHIP FUND OF …ST FRANCIS EPISCOPAL CHURCH: $900 · OtherST FRANCIS EPISCOPAL CHURCHBIG BROTHERS BIG SISTERS: $730 · OtherBIG BROTHERS BIG SISTERSSECESSION GOLF CLUB RELIEF FUND: $500 · OtherCHATTOOGA CONSERVANCY: $500 · OtherSTART THE ADVENTURE IN READING: $500 · OtherLORD OF THE STREETS: $500 · OtherBOYS CLUB GIRLS CLUB OF THE PLATEAU: $400 · Other+2 more: $400 · OtherEAGLE VALLEY FAMILY ASSISTANCE FUND: $1,000 · Human ServicesCASHIERS CARES INC: $1,000 · Human ServicesGLENVILLE-CASHIERS RESCUE SQUAD INC: $500 · Public Safety & Disaster
Education$13,290Health$12,650Other$11,940Human Services$2,000Public Safety & Disaster$500

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 budgetFRANKLIN & MARSHALL COLLEGE: $10,000 over 1y, 0.0% of budgetMAYO CLINIC: $9,000 over 2y, 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
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 Double Eagle Foun…Florence Mauboules Ch…The Community Foundat…Sneed Family Foundati…Steven and Sheila Mil…Highlands Cashiers He…Brighton Foundation T…The Billi Marcus Foun…National Philanthropi…Natl Christian Charit…Morgan Stanley Global…Vanguard Charitable E…
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.

How much its grantees rely on government

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

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%3%5%8%10%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    1report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–10%
    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.

    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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    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