Salt Water Fund
Invitation OnlyLouisville, Kentucky · EIN 81-0698838 · Private foundation
Grants paid (2024)$2.3M
Organizations funded8
Typical grant$53,645
Total assets$12.1M
Half of its grants to organizations were between $15,000 and $125,000.
From the return
How to apply
On its return for tax year 2024 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
100% of grants went outside Kentucky.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Boys and Girls Clubs of Southeastern North Carolina | Wilmington, NC | General contribution | $1,050,000 |
| Cape Fear Collective | Wilmington, NC | General contribution | $1,000,000 |
| Cape Fear Collective | Wilmington, NC | General contribution | $125,000 |
| Williams YMCA of Avery County | Linville, NC | General contribution | $60,000 |
| Beacon Education | Wilmington, NC | General contribution | $53,645 |
| Kentucky Christian Foundation | Alpharetta, GA | General contribution | $25,000 |
| Grandfather Mountain | Linville, NC | General contribution | $15,000 |
| Crossnore Communities for Children | Newland, NC | General contribution | $10,000 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $2,338,645 | 8 |
| 2023 | $1,068,288 | 3 |
| 2022 | $4,385,404 | 9 |
Sources
- IRS Form 990-PF, tax year 2024, filed Nov 17, 2025 - IRS e-file batch, object ID 202503219349103425
- IRS Tax Exempt Organization Search for EIN 81-0698838
- Profile updated Nov 6, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.