Summer Rest Foundation is a private 501(c)(3) foundation based in Raleigh, North Carolina. Established in 1999, it operates as a grantmaking organization with limited staffing and a board-driven governance structure.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.8M
+4.0% YoY
Annual Giving
$475K
-16.8% YoY
Grant Count
16
+6.7% YoY
Avg Grant Size
$30K
-22.0% YoY
Under IRS private-foundation payout rules, Summer Rest Foundation reported a distributable amount of $468K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not have a publicly stated mission statement on file. However, based on its grantmaking activity, Summer Rest Foundation supports organizations in the following areas:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Nonprofit support
The foundation also administers specialized grant programs including the Danny Lotz Scholarship Fund, which focuses on youth education and scholarships.
Grantmaking
The foundation operates on a "preselected only" basis, indicating that it does not accept unsolicited grant applications.
Grant Range
$2,000–$200,000
Average Grant
amount varies by program
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in North Carolina, Pennsylvania, and the District of Columbia.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Data (2024):
- Total Assets: $7.7–$11 million
- Total Annual Giving: $474,963–$572,806
- Total Revenue: $724,766
- Total Expenses: $644,203
- Giving Rate: 7.7%
The foundation ranks in the top 10% of foundations by asset size nationally.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,771,233 | $7,469,573 | $7,387,410 |
| Revenue | $932,215 | $724,766 | $82,377 |
| Expenses | $563,714 | $644,203 | $577,580 |
| Qualifying Distributions | $477,713 | $572,806 | $529,367 |
| Net Investment Income | $684,848 | $664,465 | $99,257 |
| Distributable Amount | $468,467 | $420,172 | $463,265 |
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
108 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Raleigh Rescue Mission ($100,000), Boys and Girls Clubs of Wake County ($75,000), Wrightsville United Methodist Church ($55,600).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS AND GIRLS CLUBS OF WAKE COUNTY RALEIGH, NC | GENERAL SUPPORT | $75,000 |
| CLI PRISON ALLIANCE RALEIGH, NC | RELIGIOUS | $10,000 |
| FELLOWSHIP OF CHRISTIAN ATHLETES RALEIGH, NC | GENERAL SUPPORT | $33,000 |
| FOUNDATION OF HOPE RALEIGH, NC | GENERAL SUPPORT | $10,363 |
| HOSPITALITY HOUSE OF NORTHWEST BOONE, NC | GENERAL SUPPORT | $10,000 |
| INSTITUTE FOR FAITH AND FAMILY RALEIGH, NC | GENERAL SUPPORT | $30,000 |
| NATIONAL CHRISTIAN FOUNDATION RALEIGH, NC | THE DANNY LOTZ SCHOLARSHIP FUND | $40,000 |
| PORT CITY COMMUNITY CHURCH WILMINGTON, NC | GENERAL SUPPORT | $30,000 |
| RALEIGH RESCUE MISSION RALEIGH, NC | CHARITABLE | $100,000 |
| SAMARITANS PURSE BOONE, NC | WMM POST-RESIDENCY PROGRAM | $20,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Sue M Turner – Board Chair
- Tish Turner – Executive Director
- Todd Turner – Treasurer
- Jay G Loftin Jr – Trustee
- George Turner – Trustee
All leadership members work approximately 0.5 hours per week and receive no compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUE M TURNER | BOARD CHAIR | 0.5 | — |
| JAY G LOFTIN JR | TRUSTEE | 0.5 | — |
| TISH TURNER | EXECUTIVE DIRECTOR | 0.5 | — |
| TODD TURNER | TREASURER | 0.5 | — |
| GEORGE TURNER | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Summer Rest Foundation fund?
The foundation does not have a publicly stated mission statement on file. However, based on its grantmaking activity, Summer Rest Foundation supports organizations in the following areas: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Nonprofit support The foundation also administers specialized grant programs including the Danny Lotz Scholarship Fund, which focuses on youth education and scholarships.
How do I apply for a grant from Summer Rest Foundation?
**Grant Activity:** • 16-24 grants awarded annually (based on most recent filings) • Grant range: $2,000–$200,000 • Median grant amount: $24,262–$25,000 • Average grant amount varies by program **Grant Programs:** • General Support (average $24,262; 14 recipients) • Charitable grants (average $26,250; 5 recipients) • Scholarship program (average $3,562; 3 recipients) • The Danny Lotz Scholarship Fund (average $20,000; 1 recipient) • Educational grants (average $200,000; 1 recipient) **Applicati…
Where does Summer Rest Foundation make grants?
The foundation primarily funds organizations in North Carolina, Pennsylvania, and the District of Columbia.
What size grants does Summer Rest Foundation award?
In 2024, Summer Rest Foundation awarded 16 grants totaling $475K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is Summer Rest Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Summer Rest Foundation reported a distributable amount of $468K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Summer Rest Foundation's EIN?
Summer Rest Foundation's EIN (Employer Identification Number) is 56-6534008. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Summer Rest Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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