Salt Water Fund | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Salt Water Fund. Data shown is extracted from Form 990-PF filings.

EIN: 81-0698838

Foundation Overview

Based in Louisville, KY, Salt Water Fund has awarded 82 grants totaling $31,907,370 to organizations in North Carolina, Virginia and 6 other states, plus international recipients. Individual grants range from $1,000 to $2,975,000, with a median award of $56,822.5.

Latest Tax Year
2024
Total Giving (all years)
$31,907,370
Total Assets
$12,064,546
Median Grant (all grants)
$56,822.5

Latest Form 990-PF Snapshot

Total Grants
8
Median Grant
$56,823
% Median Grant Decline
-70% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Growth-Minded: 63%

5 of 8 recipients (63%) were new grantees. Foundation actively seeks new partnerships to expand impact. Fresh approaches and innovative programs receive serious consideration.

Geographic Focus
North Carolina

83% of all grants are concentrated in North Carolina, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within North Carolina, funding concentrates in Wilmington (72%), Linville (9%), Arapahoe (4%).

Funding Trajectory
-32%

Declining funding trend with 32% decrease over 7 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Program Areas
General Purposes

Highly focused on general purposes with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.

Where is The Money Going?

Loading geographic data...
Loading chart...
Loading chart...
Loading chart...

Grants & Funding

Analyzing past grantees provides valuable insights into Salt Water Fund's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Beacon Education $53,645 Wilmington, NC, US General Contribution 2024
Williams Ymca Of Avery County $60,000 Linville, NC, US General Contribution 2024
Cape Fear Collective $1,000,000 Wilmington, NC, US General Contribution 2024
Cape Fear Collective $125,000 Wilmington, NC, US General Contribution 2024
Crossnore Communities For Children $10,000 Newland, NC, US General Contribution 2024
Grandfather Mountain $15,000 Linville, NC, US General Contribution 2024
Kentucky Christian Foundation $25,000 Alpharetta, GA, US General Contribution 2024
Boys And Girls Clubs Of Southeastern North Carolina $1,050,000 Wilmington, NC, US General Contribution 2024
Beacon Education $875,609 Wilmington, NC, US General Contribution 2023
Beacon Education $189,179 Wilmington, NC, US General Contribution 2023
Burgwin Wright House & Gardens $3,500 Wilmington, NC, US General Contribution 2023
Collective Impact In New Hanover County Inc $200,000 Wilmington, NC, US General Contribution 2022
Glow Nc $902,510 Wilmington, NC, US General Contribution 2022
Crossnore Communities For Children $230,000 Newland, NC, US General Contribution 2022
Juvenile Diabetes Research Foundation $10,000 New York, NY, US General Contribution 2022
Ymca Of The Triangle Area Inc $50,000 Raleigh, NC, US General Contribution 2022
Dominican Republic Mission Team Inc $2,000 Wilmington, CT, US General Contribution 2022
Williams Ymca Of Avery County $5,000 Linville, NC, US General Contribution 2022
Good Shepherd Center Wilmington $100,000 Wilmington, NC, US General Contribution 2022
Beacon Education $2,885,894 Wilmington, NC, US General Contribution 2022
Collective Impact In New Hanover County Inc $200,000 Wilmington, NC, US General Contribution 2022
Glow Nc $902,510 Wilmington, NC, US General Contribution 2022
Crossnore Communities For Children $230,000 Newland, NC, US General Contribution 2022
Juvenile Diabetes Research Foundation $10,000 New York, NY, US General Contribution 2022
Ymca Of The Triangle Area Inc $50,000 Raleigh, NC, US General Contribution 2022
Dominican Republic Mission Team Inc $2,000 Wilmington, CT, US General Contribution 2022
Williams Ymca Of Avery County $5,000 Linville, NC, US General Contribution 2022
Good Shepherd Center Wilmington $100,000 Wilmington, NC, US General Contribution 2022
Beacon Education $2,885,894 Wilmington, NC, US General Contribution 2022
Camp Schreiber $30,000 Wilmington, NC, US General Contribution 2021
Glow Nc $2,975,000 Wilmington, NC, US General Contribution 2021
Step Up Wilmington $50,000 Wilmington, NC, US General Contribution 2021
The Carousel Center $300,000 Wilmington, NC, US General Contribution 2021
Cape Fear Academy $250,000 Wilmington, NC, US General Contribution 2021
Collective Impact In New Hanover County Inc $200,000 Wilmington, NC, US General Contribution 2021
Wilmington Area Rebuilding Ministry $400,000 Wilmington, NC, US General Contribution 2021
Camp Schreiber $30,000 Wilmington, NC, US General Contribution 2021
Glow Nc $2,975,000 Wilmington, NC, US General Contribution 2021
Step Up Wilmington $50,000 Wilmington, NC, US General Contribution 2021
The Carousel Center $300,000 Wilmington, NC, US General Contribution 2021
Cape Fear Academy $250,000 Wilmington, NC, US General Contribution 2021
Collective Impact In New Hanover County Inc $200,000 Wilmington, NC, US General Contribution 2021
Wilmington Area Rebuilding Ministry $400,000 Wilmington, NC, US General Contribution 2021
Camp Schreiber $30,000 Wilmington, NC, US General Contribution 2021
Glow Nc $2,975,000 Wilmington, NC, US General Contribution 2021
Step Up Wilmington $50,000 Wilmington, NC, US General Contribution 2021
The Carousel Center $300,000 Wilmington, NC, US General Contribution 2021
Cape Fear Academy $250,000 Wilmington, NC, US General Contribution 2021
Collective Impact In New Hanover County Inc $200,000 Wilmington, NC, US General Contribution 2021
Wilmington Area Rebuilding Ministry $400,000 Wilmington, NC, US General Contribution 2021
Camp Sea Gull Seafarer $1,000,000 Arapahoe, NC, US General Contribution 2020
Glow Nc $550,000 Wilmington, NC, US General Contribution 2020
The Crossnore School $120,000 Crossnore, NC, US General Contribution 2020
Grandfather Mountain Stewardship Foundation $1,000,000 Linville, NC, US General Contribution 2020
Camp Sea Gull Seafarer $50,000 Arapahoe, NC, US General Contribution 2019
Glow Nc $500,000 Wilmington, NC, US General Contribution 2019
Orphanetwork $250,000 Virginia Beach, VA, US General Contribution 2019
Step Up Wilmington $5,000 Wilmington, NC, US General Contribution 2019
The Crossnore School $115,000 Crossnore, NC, US General Contribution 2019
Dreams Of Wilmington $1,000 Wilmington, NC, US General Contribution 2019
Ymca Of Southeastern North Carolina $1,000 Wilmington, NC, US General Contribution 2019
The Carousel Center $10,000 Wilmington, NC, US General Contribution 2019
Williams Ymca Of Avery County $2,500 Linville, NC, US General Contribution 2019
Young Life $1,000 Prescott, AZ, US General Contribution 2019
Nourish Nc $25,000 Wilmington, NC, US General Contribution 2019
University Of Kentucky $49,440 Lexington, KY, US General Contribution 2019
Ymca Camp Sea Gull $50,000 Arapahoe, NC, US General Contribution 2017
Glow Nc $2,736,249 Wilmington, NC, US General Contribution 2017
The Crossnore School $167,500 Crossnore, NC, US General Contribution 2017
Samaritan's Purse $9,000 Boone, NC, US General Contribution 2017
Dreams Of Wilmington $5,000 Wilmington, NC, US General Contribution 2017
Jdrf $50,000 New York, NY, US General Contribution 2017
Younglife $10,000 Wilmington, NC, US General Contribution 2017
Royal Brompton And Harefield Hospital Charity $10,000 London, N/A, UK General Contribution 2017
Best Nc $5,000 Research Triangle Park, NC, US General Contribution 2017
Unlocking The Bible $9,000 Barrington, IL, US General Contribution 2017
Orphanetwork $17,500 Virginia Beach, VA, US General Contribution 2017
Cape Fear Guardian Ad Litem Association $6,000 Wilmington, NC, US General Contribution 2017
Woodberry Forest School $50,000 Woodberry Forst, VA, US General Contribution 2017
Smart Start Of New Hanover County $10,000 Wilmington, NC, US General Contribution 2017
Paws4people Foundation $250,000 Wilmington, NC, US General Contribution 2017
University Of Kentucky $49,440 Lexington, KY, US General Contribution 2017

Foundations Similar to Salt Water Fund

Discover 5 foundations with comparable assets ($7,458,229-$14,668,619), similar grant patterns, and geographic focus in KY that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 45-6831625 | 68 grants awarded
$12,784,597
(≈ Similar)
$38,532.5
median grant
Louisville, KY
Same state
97%
Excellent match

EIN: 20-3012911 | 200 grants awarded
$13,344,777
(≈ Similar)
$30,000
median grant
Louisville, KY
Same state
95%
Excellent match

EIN: 83-2909333 | 46 grants awarded
$10,743,644
(≈ Similar)
$100,000
median grant
Crestview Hills, KY
Same state
95%
Excellent match

EIN: 27-4251521 | 89 grants awarded
$14,668,619
(↑ Larger)
$35,000
median grant
Louisville, KY
Same state
89%
Excellent match

EIN: 82-1973471 | 23 grants awarded
$7,458,229
(↓ Smaller)
$49,000
median grant
Florence, KY
Same state
81%
Excellent match

Contact Information

Official contact details for Salt Water Fund as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 81-0698838
Website N/A
Address 110 S STRATFORD RD Winston Salem, NC 27104-4244

Key People (2)

Board members, trustees, and key staff who oversee Salt Water Fund's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Chairman James S Mahan Iii
Secretary Marguerite D Mahan

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Salt Water Fund is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.