Summit Financial Foundation
Preselected recipients only
Summit Financial Foundation is a private foundation in Wilmington, Delaware. In tax year 2024 it gave $14,270 in 21 grants; the typical grant was $500 and the largest $5,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$14,270
- Number of grants21
- Typical grant$500
- Largest grant$5,000
- Assets$247,954
- New grantees70%
Giving in 2024 was down from $16,500 the year before.
70% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $16,500 | 20 | $192,722 |
| 2024 | $14,270 | 21 | $247,954 |
How to apply
Summit Financial Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Summit Financial Foundation funds
Where it gives
Its grants went to recipients in 7 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 15 | $12,520 |
| Tennessee | 1 | $500 |
| Arkansas | 1 | $250 |
| Michigan | 1 | $250 |
| Nebraska | 1 | $250 |
| Oregon | 1 | $250 |
| Pennsylvania | 1 | $250 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Girls Incorporated of Alameda County | Charitable Event | $5,000 |
| Diablo Valley Veterans Foundation | General & Unrestricted | $1,000 |
| Mewater Foundation Incorporated | General & Unrestricted | $1,000 |
| Monterey Bay Aquarium Foundation | General & Unrestricted | $1,000 |
| Three Valleys Community Foundation | General & Unrestricted | $900 |
| Aneurysm Foundation | General & Unrestricted | $500 |
| Bay Area Crisis Nursery | General & Unrestricted | $500 |
| Canine Companions for Independence | General & Unrestricted | $500 |
| Lazarex Cancer Foundation | General & Unrestricted | $500 |
| Rooms of Hope Inc | Charitable Event | $500 |
| Rooms of Hope Inc | General & Unrestricted | $500 |
| St Jude Childrens Research Hospital Inc | General & Unrestricted | $500 |
| Crosswinds Church | Cranberry Sauce 2024 | $270 |
| Dougy Center Inc | General & Unrestricted | $250 |
| Hillsdale College | General & Unrestricted | $250 |
| Mayfly Project | General & Unrestricted | $250 |
| Nebraska Czechs of Wilber | Miss Czech Slovak US Pageant | $250 |
| Wrestle Like A Girl Inc | General & Unrestricted | $250 |
| White Pony Express | General & Unrestricted | $150 |
| Girls Soccer Worldwide | General & Unrestricted | $100 |
| Little Miracles Inc | General & Unrestricted | $100 |
Officers and trustees
- Nathan Bennett
- Kim Damiani
- Kimberly Horikoshi
- Brendan Noonan
- Steve Wilcox
Questions people ask
Does Summit Financial Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Summit Financial Foundation give?
$14,270 in tax year 2024, across 21 grants, with a typical grant of $500.
Who runs Summit Financial Foundation?
Its 2024 filing lists Nathan Bennett (Dir), Kim Damiani (Dir, Treas), Kimberly Horikoshi (Dir) and Brendan Noonan (Dir) among 5 officers and trustees.
What does Summit Financial Foundation fund?
Based on its grants, mainly youth programs, animals and health.