The Way Foundation | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The Way Foundation. Data shown is extracted from Form 990-PF filings.

EIN: 45-0572015

Foundation Overview

Based in Wilmington, NC, The Way Foundation has awarded 53 grants totaling $526,000 to organizations in Ohio, North Carolina and 5 other states across the US. Individual grants range from $1,000 to $30,000, with a median award of $7,000.

Latest Tax Year
2020
Total Giving (all years)
$526,000
Total Assets
$0
Median Grant (all grants)
$7,000

Latest Form 990-PF Snapshot

Total Grants
24
Median Grant
$5,000
% Median Grant Decline
-37% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: August 2021

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Emerging Foundation: 42%

10 of 24 recipients (42%) were new grantees. Recent establishment means most partnerships are naturally new. Pattern may not reflect long-term preferences.

Geographic Focus
North Carolina

81% of all grants are concentrated in North Carolina, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within North Carolina, funding concentrates in Wilmington (77%), Raleigh (5%), Burgaw (5%).

Funding Trajectory
-40%

Declining funding trend with 40% decrease over 2 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Program Areas
Community Projects + 3 others

Diversified giving across multiple program areas with primary emphasis on community projects (41%). This broad approach suggests openness to various causes and innovative cross-sector solutions.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into The Way Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Baptist Mid-missions $5,000 Cleveland, OH, US Various Missions 2020
Christian Library International $5,000 Raleigh, NC, US Various Missions 2020
Coastal Christian High School $8,000 Wilmington, NC, US High School Minsitries, Including Scholarship Asssitance 2020
Convoy Of Hope $30,000 Springfield, MO, US Various Ministries 2020
Familyworks Ministries $10,000 Greenville, NC, US Various Ministries 2020
Fellowship Of Christian Athletes $5,000 Kansas City, MO, US Various Ministries 2020
First Fruits Ministries $5,000 Wilmington, NC, US Various Missions For Homeless, Including Housing And Feeding 2020
Frontiers $3,000 Phoenix, AZ, US Various International Missions 2020
International Seaman's Service Inc $5,000 Wilmington, NC, US Id Cards And Mission Work 2020
Lower Cape Fear Hospice Foundation $5,000 Wilmington, NC, US Provide Hospice And Chaplain Services 2020
Masonboro Baptist Church $5,000 Wilmington, NC, US Various Mission Services 2020
Methodist Home For Children $8,000 Wilmington, NC, US Mission And Housing For Children 2020
Mustard Seed Ministries $5,000 Wilmington, NC, US Various Ministries 2020
Pender County Christian Services $5,000 Burgaw, NC, US Various Missions 2020
Port City Community Church $5,000 Wilmington, NC, US Various Mission Services 2020
Ratio Christi $4,000 Wilmington, NC, US Various Ministries 2020
Samaritan's Purse $20,000 Boone, NC, US Missions, Disaster Relief And Other 2020
Save Our Kids Outreach $4,000 Wilmington, NC, US Ministries For Juvenile Detention Centers 2020
The Salvation Army $25,000 Wilmington, NC, US Missions, Disaster Relief, Serve The Elderly And Other 2020
Wilmington Area Rebuilding Ministries $5,000 Wilmington, NC, US Various Ministries 2020
Wilmington Carenet Counseling Center $20,000 Wilmington, NC, US Mental Health Counseling 2020
Word Changing Mission $1,000 Wilmington, NC, US Missions, Evangelism And Food 2020
World Vision $5,000 Tacoma, WA, US Various Missions 2020
Castle Hayne Church Of God $5,000 Castle Hayne, NC, US Various Ministries 2020
International Seaman Center $8,000 Wilmington, NC, US Id Cards And Mission Work 2018
Lower Cape Fear Hopsice $17,000 Wilmington, NC, US Provide Hospice And Chaplain Services 2018
Masonboro Baptist Church $12,000 Wilmington, NC, US Various Mission Services 2018
Methodist Home For Children $15,000 Wilmington, NC, US Mission And Housing For Children 2018
Port City Community Church $29,000 Wilmington, NC, US Various Mission Services 2018
Port City Young Life $4,000 Wilmington, NC, US Ministries For High School Students 2018
The Salvation Army $30,000 Wilmington, NC, US Missions, Disaster Relief, Serve The Elderly And Other 2018
Samaritan's Purse $30,000 Boone, NC, US Missions, Disaster Relief And Other 2018
Save Our Kids $8,000 Wilmington, NC, US Ministries For Juvenile Detention Centers 2018
Wilmington Carenet Counseling $30,000 Wilmington, NC, US Miaaions And Mental Health Counseling 2018
Winterpark Baptist Church $6,000 Wilmington, NC, US Various Mission Services 2018
Word Changing Missions $5,000 Wilmington, NC, US Missions, Evangelism And Food 2018
World Vision $18,000 Tacoma, WA, US Various Missions 2018
Zoe Ministries $8,000 Charlotte, NC, US Various Humanitarian Missions, Mostly In Africa 2018
Christian Library International $7,000 Raleigh, NC, US Various Missions 2018
First Fruits Ministries $17,000 Wilmington, NC, US Various Missions For Ho9meless, Including Housing And Feeding 2018
Frontiers $7,000 Phoenix, AZ, US Various International Missions 2018
Church Missions Network $4,000 Lebanon, TN, US Various Missions 2018
Ratio Christi $4,000 Wilmington, NC, US Various Ministries 2018
Vigilant Hope $1,000 Wilmington, NC, US Various Missions, Including Asssiting Homeless 2018
Baptist Mid-missions $7,000 Cleveland, OH, US Various Missions 2018
Pender County Christian Services $8,000 Burgaw, NC, US Various Missions 2018
Coastal Community Baptist Church $5,000 Wilmington, NC, US Various Mission Services 2018
Wilmington Area Rebuilding $13,000 Wilmington, NC, US Various Ministries 2018
Mustard Seed Ministries $8,000 Wilmington, NC, US Various Ministries 2018
Scotts Hill Baptist Church $5,000 Wilmington, NC, US Various Church Ministries 2018
York Baptist Association $5,000 Rock Hill, SC, US Various Ministries On Catawba Indian Reservation 2018
Garner United Methodist Chruch $10,000 Garner, NC, US Various Church Ministries, Including Human Trafficing 2018
Coastal Christian High School $7,000 Wilmington, NC, US High School Minsitries, Including Scholarship Asssitance 2018

Foundations Similar to The Way Foundation

Discover 5 foundations with comparable assets ($0-$0), similar grant patterns, and geographic focus in NC that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 05-0593068 | 67 grants awarded
$0
(≈ Similar)
$5,000
median grant
Wilmington, NC
Same state
100%
Excellent match

EIN: 04-3401630 | 1 grants awarded
$0
(≈ Similar)
$12,235
median grant
Sunset Beach, NC
Same state
100%
Excellent match

EIN: 20-4585637 | 5 grants awarded
$0
(≈ Similar)
$4,000
median grant
Raleigh, NC
Same state
100%
Excellent match

EIN: 20-2349631 | 1 grants awarded
$0
(≈ Similar)
$7,500
median grant
Hickory, NC
Same state
100%
Excellent match

EIN: 02-0539569 | 148 grants awarded
$0
(≈ Similar)
$10,000
median grant
Raleigh, NC
Same state
100%
Excellent match

Contact Information

Official contact details for The Way Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 45-0572015
Website N/A
Address PO BOX 4107 Wilmington, NC 28406-1107

Key People (5)

Board members, trustees, and key staff who oversee The Way Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Chairman John S Gillilan Jr
Vice Chairman John C Martin
President\treasurer Armied A Godwin Iii
Secretary Jackie Martin
Board Member Cindy Godwin

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for The Way Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Application Status
Based on its IRS Form 990-PF filings, this foundation accepts unsolicited grant applications, meaning eligible organizations can apply directly without a prior relationship.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated August 2021 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.