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Also known as: FOUNDATION INC
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Catherine Pharr Carstarphen Mcadenville Foundation Inc. is a private corporation based in MC ADENVILLE, NC. The foundation received its IRS ruling in 1949. The principal officer is Pharr Yarns Inc.. It holds total assets of $3.2M. Annual income is reported at $575K. Total assets have grown from $2.5M in 2011 to $3.2M in 2024. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. Grantmaking is concentrated in North Carolina. According to available records, Catherine Pharr Carstarphen Mcadenville Foundation Inc. has made 9 grants totaling $90K, with a median grant of $10K. Annual giving has decreased from $35K in 2020 to $16K in 2022. Grantmaking activity was highest in 2021 with $38K distributed across 4 grants. Individual grants have ranged from $2K to $13K, with an average award of $10K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$11K
Average Grant
$9K
Largest Grant
$13K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Catherine Pharr Carstarphen Mcadenville Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in NC.
Catherine Pharr Carstarphen Mcadenville Foundation Inc. has distributed a total of $90K across 9 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $2K to $13K.
Catherine Pharr Carstarphen Mcadenville Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Catherine Pharr Carstarphen Mcadenville Foundation Inc. is headquartered in MC ADENVILLE, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William Jp Carstarphen | PRESIDENT | $0 | $0 | N/A |
| Fred Erickson | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3.2M
Fair Market Value
N/A
Net Worth
$3.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
9
Total Giving
$90K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
4
Most Common Grant
$13K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Carolina Thread TrailTO SUPPORT GENERAL OPERATIONS | Charlotte, NC | $10K | 2022 |
| Gaston County YmcaSUPPORT FOR PHARR FAMILY YMCA | Mcadenville, NC | $6K | 2022 |
| Mcadenville Woman'S ClubTO SUPPORT GENERAL OPERATIONS | Mcadenville, NC | $13K | 2021 |
| Town Of Cramerton Fire DepartmentTO SUPPORT GENERAL OPERATIONS | Cramerton, NC | $2K | 2021 |