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

Form 990-PFTax year 2025EIN 56-6044820

Stonecutter Foundation Inc

A private foundation in Spindale, NC. Its return for tax year 2025 lists 16 grants and $820,095 paid in grants.

Tax year 2025 (period ending Mar 31, 2026), 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

Accepts applications

The return gives an application contact and rules, as below.

Contact
Terri Barringer
230 Spindale Street
Spindale, NC 28160
(828) 521-1653
Form and materials
Donation requests should be sent to the foundation office and should list the purpose of the organization and what the donation will be used for specifically. If applicable, project budgets should be included and the organization must state how they plan to raise the majority of funding for the project. Any organizations that have not received donations from the foundation in the past should provide documentation that shows the organization is a not-for-profit organization.
Deadlines
N/A
Restrictions
The foundation generally makes contributions to local educational institutions and civic organizations.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $820,095

    Grants listed
    16
    Assets, end of year
    $8,519,096
  • Tax year 2024

    $660,629

    Grants listed
    17
    Assets, end of year
    $8,228,777
  • Tax year 2023

    $651,645

    Grants listed
    21
    Assets, end of year
    $8,515,621
  • Tax year 2022

    $675,000

    Grants listed
    18
    Assets, end of year
    $8,483,391
  • Tax year 2021

    $526,476

    Grants listed
    19
    Assets, end of year
    $9,064,036
  • Tax year 2020

    $573,904

    Grants listed
    24
    Assets, end of year
    $8,285,342

Grants paid in 2025

16 grants, largest first

As listed on the return.

  1. Rutherford County Habitat for HumanRutherfordton, NC

    Community

    $410,975
  2. Rutherford Housing PartnershipForest City, NC

    Community

    $132,000
  3. Icc FoundationSpindale, NC

    Education

    $50,000
  4. Kidsenses Children's MuseumRutherfordton, NC

    Community

    $50,000
  5. App School FoundationAsheville, NC

    Education

    $50,000
  6. Schiele Museum of Natural HistoryGastonia, NC

    Community

    $33,000
  7. Trinity SchoolRutherfordton, NC

    Education

    $24,480
  8. Hatch Avl FoundationAsheville, NC

    Education

    $20,000
  9. Lake Lure Flowering BridgeLake Lure, NC

    Community

    $10,000
  10. Earl Scruggs Music Festival IncShelby, NC

    Education

    $8,000
  11. Symphony of Rutherford CountyForest City, NC

    Community

    $7,140
  12. Vietnam Veterans Memorial FundArlington, VA

    Community

    $6,000
  13. GlobalgivingWashington, DC

    Humanitarian

    $5,000
  14. Rutherford Quilt Guild IncRutherfordton, NC

    Education

    $5,000
  15. Spencer Baptist ChurchSpindale, NC

    Religious

    $5,000
  16. First Baptist ChurchSpindale, NC

    Religous

    $3,500

Where the money goes

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

  1. Human services1 grant $132,00045% of the total
  2. Education2 grants $74,48026% of the total
  3. Arts and culture4 grants $54,14019% of the total
  4. Community development1 grant $20,0007% of the total
  5. Environment1 grant $10,0003% of the total

By State

Grants to organizations with a US address, latest year.

  1. North Carolina14 grants $809,095
  2. Virginia1 grant $6,000
  3. District of Columbia1 grant $5,000

Officers, directors and trustees

9 people as filed

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

  • James R CowanPRESIDENT/TR Hours 0Pay $0
  • Jason HarrillVICE PRESIDE Hours 0Pay $0
  • Myra H CowanSECRETARY Hours 0Pay $0
  • Dr Dillard MorrowDIRECTOR Hours 0Pay $0
  • Maria HunnicuttDIRECTOR Hours 0Pay $0
  • Carolyn KeeverDIRECTOR Hours 0Pay $0
  • Tiffany LathanDIRECTOR Hours 0Pay $0
  • George HughesDIRECTOR Hours 0Pay $0
  • Terri C BarringerEXECUTIVE DI Hours 0Pay $105,722

The return

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