501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $48K a year · 44% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
990-PF Pt I · 6 filings
9 mo
of spending, in cash
Looks good: 9.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$20K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$143K
+80% vs prior year
Spent
$65K
Net assets
$763K
By yearFY2020–FY2025
Revenue
$143K
FY2025▲ +80%
Tap a bar for its year
Revenue by fiscal year
FY2020$72K
FY2021$181K
FY2022$78K
FY2023$101K
FY2024$79K
FY2025$143K
Expenses
$65K
FY2025+0.4%
Tap a bar for its year
Expenses by fiscal year
FY2020$52K
FY2021$55K
FY2022$65K
FY2023$63K
FY2024$65K
FY2025$65K
Net assets
$763K
FY2025▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$570K
FY2021$621K
FY2022$634K
FY2023$672K
FY2024$686K
FY2025$763K

From the FY2025 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1987.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 87% · $57K Operating & administrative 13% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990-PF.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Carl Meares Private Foundation executive salaries →

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Programs and updates

A private foundation based in N Charleston, SC.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 33 grants · $57K · 2025–2025
Fair Bluff Baptist ChurchFY2025$6,000
Woodberry Forest SchoolFY2025$5,000
The First Tee of Greater CharlestonFY2025$4,000
Porter-Gaud SchoolFY2025$3,500
Buist Academy FoundationFY2025$3,500
Virginia Episcopal SchoolFY2025$3,000
Unc Pembroke Foundation INCFY2025$2,500
St Jude Children's Research HospitalFY2025$2,500
Southeastern Community College FdnFY2025$2,500
Univ of North Carolina at Chapel Hill - Division of AthleticsFY2025$2,000
Tunnel to Towers FoundationFY2025$2,000
Duke Cancer InstituteFY2025$2,000
Ccc Employee Assistance FundFY2025$1,500
Seeds of Life INCFY2025$1,000
The Greater Fair Bluff Historical SocietyFY2025$1,000
The Lilibet Snellings Kyte FoundationFY2025$1,000
The Blake King CorpFY2025$1,000
St Philip's ChurchFY2025$1,000
See all 33 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$2K
Median grantPart XV$1K
Largest grantPart XV$6K

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$143K
Investment income$143K
Money out
$65K
Grants paid$57K
Running costs$8K
Owns and owes
$763K
net assets
Cash and savings$50K
Total assets$783K
Liabilities$20K
People
3
listed
Paid0
2In more detail
Revenue in detail
Investment income$143K
Total revenue$143K
Assets in detailEnd of year
Cash and savings together$50K
Total assets$783K
Liabilities$20K
Net assets$763K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $143K$65K$77K$763K 990 PDF
FY2024 $79K$65K$14K$686K 990 PDF
FY2023 $101K$63K$38K$672K 990 PDF
FY2022 $78K$65K$13K$634K 990 PDF
FY2021 $181K$55K$126K$621K 990 PDF
FY2020 $72K$52K$20K$570K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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