Private foundation · EIN 81-2188516 · Lexington, North Carolina · Religion

Project 58

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2024 Form 990-PF: 7 grants paid, $7,690 total, median $800. 29% of grants stayed in North Carolina.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2024
7
$7,690
Median grant
$800
Stays in NC
29%
of grants
Deadline
—
Assets
$3.9M

Grants paid in 2024

7 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Dugit Outreach MinistriesJacksonville, FLCharitable$2,060
Tikkun InternationalGrand Prairie, TXCharitable$2,000
Energize MinistriesWinstonsalem, NCCharitable$1,000
International Christian Embassy JerusalemNashville, TNCharitable$800
The Feed FoundationNew York, NYCharitable$750
MiscellaneousLexington, NCCharitable$600
Gospel Music AssociationNashville, TNCharitable$480

By state: Florida 1 · Texas 1 · North Carolina 2 · Tennessee 2 · New York 1

About this foundation

Project 58 is a private grantmaking foundation in Lexington, North Carolina, tax-exempt since 2016. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Project 58 accept grant applications?

No. On its 2024 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Project 58 give each year?

In tax year 2024 it paid $7,690 across 7 grants, a median of $800.

Where does Project 58 give?

Florida (1 grants), Texas (1 grants), North Carolina (2 grants) and elsewhere, per its latest filing.

More foundations near Lexington that accept applications

All in North Carolina
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
Tf Foundationsince 2022 Lexington, NC — —Yes $1.6M
Duke Endowmentsince 1938 Charlotte, NC $251M480 grants · 2024 $200KYes $5.0B
Dogwood Health Trustsince 2019 Asheville, NC $148M835 grants · 2024 $38KYes $1.9B
The Leon Levine Foundationsince 1981 Charlotte, NC $58M522 grants · 2024 $60KYes $671M
Burroughs Wellcome Fundsince 1972 Rtp, NC $40M1 grants · 2024 $40MYes $792M
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