Private Foundation

SADIE AND HOBERT FOUTS SCHOLARSHIP C/O PINNACLE BANK

Based in HIGH POINT, NC, SADIE AND HOBERT FOUTS SCHOLARSHIP C/O PINNACLE BANK operates as a Private Foundation. The organization reported $7K in revenue, $9K in expenses, $102K in total assets for fiscal year 2025. Imperigo tracks 7 reported grants from this foundation totaling approximately $46K.

EIN: 566481132 HIGH POINT, NC Latest filing: 2025
Total Revenue$7K
Total Expenses$9K
Total Assets$102K
Grants Given7
Grant Total$46K
Filing Years2021–2025

Sample Grants Given

SELINA HERNANDEZ
LEXINGTON, NC · 2025
SCHOLARSHIP
$6,551
ZACHARY SMITH
LEXINGTON, NC · 2024
SCHOLARSHIP
$6,044
ZACHARY SMITH
LEXINGTON, NC · 2023
SCHOLARSHIP
$6,478
ZACHARY SMITH
LEXINGTON, NC · 2022
SCHOLARSHIP
$7,310
KATHY CASKEY
LEXINGTON, NC · 2021
SCHOLARSHIP
$7,023

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

TRUSTEE Pinnacle Bank

Officer compensation and complete director data available with membership.

Top Grant Purposes

SCHOLARSHIP
$46,339 7 grants

Financial Trends

Year Revenue Expenses Assets
2025 $7K $9K $102K
2024 $4K $8K $104K
2023 $4K $9K $108K
2022 $6K $10K $113K
2021 $14K $10K $117K

Between 2021 and 2025, reported annual revenue declined from $14K to $7K (-52%), with total assets most recently reported at $102K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NC.

NC

Full geographic grant map with state-by-state breakdown available with membership.

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