Salt Water Fund
EIN 810698838Total Given 2018–2024
$14.7M
50 grants · $2.1M avg/year
based on 7 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$50K
typical mid grants · $10K–$250K
grant size
29%
balanced · 10/35 multi-year
repeat
$12.1M
Assets (2024)
35
Distinct Recipients
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Phone
(704) 383-0129
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2018 | $3.4M | $4.1M | $6.4M | 16 |
| 2020 | $1.0M | $3.3M | $-652K | 12 |
| 2021 | $2.7M | $27.2M | $21.7M | 4 |
| 2022 | $4.2M | $15.8M | $-449K | 7 |
| 2023 | $1.1M | $14.3M | $257K | 3 |
| 2024 | $2.3M | $12.1M | $1.1M | 8 |
Grant Size Distribution
Based on 50 grants on record
Minimum
$1K
25th Pctl
$10K
Median
$50K
Average
$295K
75th Pctl
$250K
Maximum
$3.0M
Geographic Distribution
Officers & Directors
Grants Awarded (50 total)
| Purpose | ||||
|---|---|---|---|---|
| Glow Nc | Wilmington, NC | $2,975,000 | GENERAL CONTRIBUTION | 2022 |
| Glow Nc | Wilmington, NC | $2,736,249 | GENERAL CONTRIBUTION | 2018 |
| Boys and Girls Clubs of Southeastern North Carolina | Wilmington, NC | $1,050,000 | GENERAL CONTRIBUTION | 2024 |
| Camp Sea Gull Seafarer | Arapahoe, NC | $1,000,000 | GENERAL CONTRIBUTION | 2021 |
| Grandfather Mountain Stewardship Foundation | Linville, NC | $1,000,000 | GENERAL CONTRIBUTION | 2021 |
| Cape Fear Collective | Wilmington, NC | $1,000,000 | GENERAL CONTRIBUTION | 2024 |
| Beacon Education | Wilmington, NC | $875,609 | GENERAL CONTRIBUTION | 2023 |
| Glow Nc | Wilmington, NC | $550,000 | GENERAL CONTRIBUTION | 2021 |
| Glow Nc | Wilmington, NC | $500,000 | GENERAL CONTRIBUTION | 2020 |
| Wilmington Area Rebuilding Ministry | Wilmington, NC | $400,000 | GENERAL CONTRIBUTION | 2022 |
| The Carousel Center | Wilmington, NC | $300,000 | GENERAL CONTRIBUTION | 2022 |
| Orphanetwork | Virginia Beach, VA | $250,000 | GENERAL CONTRIBUTION | 2020 |
| Cape Fear Academy | Wilmington, NC | $250,000 | GENERAL CONTRIBUTION | 2022 |
| Paws4People Foundation | Wilmington, NC | $250,000 | GENERAL CONTRIBUTION | 2018 |
| Collective Impact in New Hanover County Inc | Wilmington, NC | $200,000 | GENERAL CONTRIBUTION | 2022 |
| Beacon Education | Wilmington, NC | $189,179 | GENERAL CONTRIBUTION | 2023 |
| The Crossnore School | Crossnore, NC | $167,500 | GENERAL CONTRIBUTION | 2018 |
| Cape Fear Collective | Wilmington, NC | $125,000 | GENERAL CONTRIBUTION | 2024 |
| The Crossnore School | Crossnore, NC | $120,000 | GENERAL CONTRIBUTION | 2021 |
| The Crossnore School | Crossnore, NC | $115,000 | GENERAL CONTRIBUTION | 2020 |
| Williams Ymca of Avery County | Linville, NC | $60,000 | GENERAL CONTRIBUTION | 2024 |
| Beacon Education | Wilmington, NC | $53,645 | GENERAL CONTRIBUTION | 2024 |
| Camp Sea Gull Seafarer | Arapahoe, NC | $50,000 | GENERAL CONTRIBUTION | 2020 |
| Step Up Wilmington | Wilmington, NC | $50,000 | GENERAL CONTRIBUTION | 2022 |
| Ymca Camp Sea Gull | Arapahoe, NC | $50,000 | GENERAL CONTRIBUTION | 2018 |