Associated Foundation Incorporated
Preselected recipients only
Associated Foundation Incorporated is a private foundation in Belmont, North Carolina. In tax year 2024 it gave $31,000 in 18 grants; the typical grant was $500 and the largest $8,000. 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$31,000
- Number of grants18
- Typical grant$500
- Largest grant$8,000
- Assets$957,225
- New grantees83%
Giving in 2024 was down from $37,800 the year before.
83% 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 |
|---|---|---|---|
| 2022 | $37,800 | 13 | $775,740 |
| 2024 | $31,000 | 18 | $957,225 |
How to apply
Associated Foundation Incorporated 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 Associated Foundation Incorporated funds
Where it gives
Its grants went to recipients in 2 states, the most to North Carolina.
| State | Grants | Amount |
|---|---|---|
| North Carolina | 17 | $28,500 |
| South Carolina | 1 | $2,500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Belmont Abbey College | Education | $8,000 |
| First Presbyterian Church | Religious | $6,500 |
| Wildacres Retreat | Community Charitable | $2,500 |
| Spoleto | Arts and Science | $2,500 |
| Charlotte Symphony | Arts and Science | $2,500 |
| South Point High School | Education Arts and Science | $1,500 |
| Stowe YMCA | Community Charitable | $1,500 |
| Charlotte Master Chorale | Arts and Science | $1,500 |
| Mountain Island Charter School | Education | $500 |
| Holy Angels | Community Charitable | $500 |
| Gaston School of the Arts | Arts and Science | $500 |
| Gaston Hospice | Community Charitable | $500 |
| Gaston Arts Council | Arts and Science | $500 |
| Catherine House | Community Charitable | $500 |
| ALS United | Community Charitable | $500 |
| Belmont Community Organization | Community Charitable | $500 |
| Belmont Historical Society | Community Charitable | $250 |
| AJ and the Cool Kids | Community Charitable | $250 |
Officers and trustees
- SP Stowe III
- JC Stowe
- Ashley E Stowe
Questions people ask
Does Associated Foundation Incorporated accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Associated Foundation Incorporated give?
$31,000 in tax year 2024, across 18 grants, with a typical grant of $500.
Who runs Associated Foundation Incorporated?
Its 2024 filing lists SP Stowe III (President), JC Stowe (Vice President) and Ashley E Stowe (Vice President).
What does Associated Foundation Incorporated fund?
Based on its grants, mainly education, arts and culture and science and research.