Anverse Inc is a private grantmaking foundation established in June 2001 and based in Cartersville, Georgia. The organization operates as both a family foundation and operating entity, maintaining a deliberate low public profile. The foundation was funded primarily by proceeds from the sale of Prestige Communications of NC Inc., a cable television company, to Adelphia for approximately $700 million in 2000.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$124.1M
+1.9% YoY
Annual Giving
$3.5M
-20.4% YoY
Grant Count
58
+1.8% YoY
Avg Grant Size
$61K
-21.7% YoY
Mission & Focus Areas
Anverse's philosophy emphasizes wanting "the focus to be on the organizations we assist and the people they are helping" rather than on the foundation itself.
Primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Cultural arts and infrastructure
- Museum activities
- Theater operations and programming
- Children's camps and enrichment programs
- Nonprofit support services
Grantmaking
Anverse does not accept unsolicited applications. The foundation maintains a selective, invitation-only approach to grantmaking.
Grant Range
$23 to $2,600,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
Primary funding focus is Georgia, with grants also made to organizations in Virginia, North Carolina, and Puerto Rico.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023-2024:
- Total assets: $121.7 million to $124.1 million
- Total revenues (2024): $22,074,656
- Total expenses (2024): $20,158,462
- Total liabilities: $321,000 (2023)
- Number of employees: 28
Tax Status: 501(c)(3) private grantmaking foundation; tax-exempt since June 2001; EIN: 58-2507031
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $124,093,148 | $121,749,919 | $131,666,371 |
| Revenue | $22,074,656 | $10,013,587 | $26,158,444 |
| Expenses | $20,158,462 | $20,023,458 | $16,345,132 |
| Qualifying Distributions | $19,667,124 | $19,072,918 | $24,600,507 |
| Net Investment Income | $7,213,684 | $1,780,852 | $6,211,877 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
200 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- President: Jonathan J. Oscher
- Executive Director: Marty Sonenshine
- Directors: Mark Krider, Kim Martin
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LORRAINE MCCLAIN | VICE PRESIDENT | 1 | — |
| FORREST MCCLAIN | Secretary/Treasurer | 5 | — |
| DAVID AIKEN | Director | 1 | — |
| JONATHAN J OSCHER | PRESIDENT | 10 | — |
| MARTY SONENSHINE | EXECUTIVE DIRECTOR | 40 | $174,160 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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