The North Carolina State Capitol in Raleigh behind a flowering crape myrtle

Form 990-PFTax year 2024EIN 56-6043197

Associated Foundation Incorporated

A private foundation in Belmont, NC. Its return for tax year 2024 lists 18 grants and $31,000 paid in grants.

Tax year 2024 (period ending Sep 30, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests. It still lists the details below.

Contact
3132 Channel View Landing
Belmont, NC 28012

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $31,000

    Grants listed
    18
    Assets, end of year
    $957,225
  • Tax year 2022

    $37,800

    Grants listed
    13
    Assets, end of year
    $775,740
  • Tax year 2021

    $37,150

    Grants listed
    12
    Assets, end of year
    $742,710
  • Tax year 2020

    $38,000

    Grants listed
    10
    Assets, end of year
    $893,373
  • Tax year 2019

    $34,400

    Grants listed
    8
    Assets, end of year
    $787,931
  • Tax year 2017

    $36,750

    Grants listed
    11
    Assets, end of year
    $787,260

Grants paid in 2024

18 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Belmont Abbey CollegeBelmont, NC

    Education

    $8,000
  2. First Presbyterian ChurchBelmont, NC

    Religious

    $6,500
  3. Individual

    Community Charitable

    $2,500
  4. Individual

    Arts and Science

    $2,500
  5. Charlotte SymphonyCharlotte, NC

    Arts and Science

    $2,500
  6. South Point High SchoolBelmont, NC

    Education Arts and Science

    $1,500
  7. Stowe YMCAGastonia, NC

    Community Charitable

    $1,500
  8. Charlotte Master ChoraleCharlotte, NC

    Arts and Science

    $1,500
  9. Mountain Island Charter SchoolMt Holly, NC

    Education

    $500
  10. Holy AngelsBelmont, NC

    Community Charitable

    $500
  11. Gaston School of the ArtsGastonia, NC

    Arts and Science

    $500
  12. Individual

    Community Charitable

    $500
  13. Gaston Arts CouncilGastonia, NC

    Arts and Science

    $500
  14. Individual

    Community Charitable

    $500
  15. Individual

    Community Charitable

    $500
  16. Belmont Community OrganizationBelmont, NC

    Community Charitable

    $500
  17. Belmont Historical SocietyBelmont, NC

    Community Charitable

    $250
  18. AJ and the Cool KidsMount Holly, NC

    Community Charitable

    $250

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $8,00076% of the total
  2. Arts and culture3 grants $2,25021% of the total
  3. Human services1 grant $2502% of the total

By State

Grants to organizations with a US address, latest year.

  1. North Carolina13 grants $24,500

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • SP Stowe IIIPresident Hours 2Pay $0
  • JC StoweVice President Hours 2Pay $0
  • Ashley E StoweVice President Hours 2Pay $0

The return

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