Public Charity

Summit Foundation

Summit Foundation is a Public Charity headquartered in Charlotte, NC. Financial data from the 2024 filing: $104.3M revenue, $43K expenses, $77.4M total assets.

EIN: 300595477 Charlotte, NC Latest filing: 2024

Total Revenue$104.3M

Total Expenses$43K

Total Assets$77.4M

Grant Records2

Filing Years2020–2024

Mission

THE FOUNDATION SEEKS TO FURTHER THE KINGDOM OF GOD BY SUPPORTING BENEFICIARY ORGANIZATIONS AS AN INTEGRAL PART OF THE EVANGELICAL PURPOSES OF THE BENEFICIARY ORGANIZATIONS AND THE WORLDWIDE EVANGELICAL CHRISTIAN MISSIONS AND ACTIVITIES BEING CARRIED ON BY THE BENEFICIARY ORGANIZATIONS.

Officers & Directors

SECRETARY & TREASURER Fred Ely

PRESIDENT & Director Rene Palacio

Director Ronald Williams

Officer compensation and complete director data available with membership.

Financial Trends

Year	Revenue	Expenses	Assets
2024	$104.3M	$43K	$77.4M
2023	$447.1M	$446.7M	$4.9M
2022	$100K	$112K	$4.0M
2021	$100K	$127.5M	$3.4M
2020	$15	$352K	$50.9M

Between 2020 and 2024, reported annual revenue grew from $15 to $104.3M (+695305067%), with total assets most recently reported at $77.4M.

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

See the full picture for Summit Foundation

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports