North Carolina · Nonprofit
Summit Foundation
Summit Foundation (North Carolina) receives grants from 1 organization whose IRS filings report $0 to it, the largest being FOUNDATION FOR WORLD EVANGELISM ($0). 1 of them have funded it in more than one year.
- Revenue FY2024
- $104M
- Funders on record
- 1
- Grants received
- $0
- Net assets
- $77M
What Summit Foundation does
Mission
The foundation seeks to further the kingdom of god by supporting beneficiary organizations as an integral part of the evangelical purposes of the beneficiary organizations and the worldwide evangelical christian missions and activities being carried on by the beneficiary organizations.
As stated on its FY2024 Form 990.
Program
The Foundation supports beneficiary organization's programs through grants.
$4,848 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $4,848.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $4.9M to $77M (+1471%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Organizations like Summit Foundation
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
11% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 1 related entity
- Sim USA Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for Summit Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Summit Foundation?
- Summit Foundation (North Carolina) receives grants from 1 organization whose IRS filings report $0 to it, the largest being FOUNDATION FOR WORLD EVANGELISM ($0). 1 of them have funded it in more than one year.
- How many funders does Summit Foundation have?
- IRS filings report 1 organization giving $0 in grants to Summit Foundation, 1 of which have funded it in more than one year.
- Who is the largest funder of Summit Foundation?
- FOUNDATION FOR WORLD EVANGELISM is the largest funder on record, with $0 in grants. The full list of funders is on this page.
- How can an organization like Summit Foundation find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing