#343 of 500 · Foundation / Grantmaker / DAF

Summit Foundation

EIN 30-0595477 · NC · NTEE n/a · Form 990, fiscal 2023

A nonprofit grantmaking organization based in Charlotte, North Carolina. It operates primarily as a pass-through and supporting foundation, receiving substantial contributions and distributing grants to beneficiary organizations rather than running direct programs. Public filings indicate its charitable purpose centers on supporting evangelical Christian and other charitable, religious, and educational organizations and their worldwide missions.

Financials, fiscal 2023

Revenue

$447.1M

Expenses

$446.7M

Total assets

$4.9M

Net assets

$4.9M

Operating margin

0.1%

1-year growth

446958.2%

5-year growth (CAGR)

236.2%

Reserve (years of spending)

0.1

Contributions share

99.8%

Programme spending

0.0%

Fundraising cost

0.0%

Executive pay share

0.00%

Employees

n/a

Revenue per employee

n/a

Grants paid

$446.7M

Years filing

13

NFP Health Score: 41 / 100

Financial 1 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To further the Kingdom of God by supporting beneficiary organizations as an integral part of their evangelical purposes and worldwide missions.

Revenue history