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Also known as: C/O DAVID POWELL NANNEY JR
Charles & Irene Nanney Foundation is a private corporation based in RALEIGH, NC. The foundation received its IRS ruling in 1963. The principal officer is % David Powell Nanney Jr. It holds total assets of $2.9M. Annual income is reported at $1.5M. According to available records, Charles & Irene Nanney Foundation has made 86 grants totaling $628K, with a median grant of $3K. Annual giving has grown from $143K in 2020 to $347K in 2022. Individual grants have ranged from $250 to $28K, with an average award of $7K. The foundation has supported 28 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Charles & Irene Nanney Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 86 grants. Its grantmaking reaches organizations primarily in NC.
Charles & Irene Nanney Foundation has distributed a total of $628K across 86 grants. The median grant size is $3K, with an average of $7K. Individual grants have ranged from $250 to $28K.
Charles & Irene Nanney Foundation typically selects its grantees rather than accepting unsolicited proposals.
Charles & Irene Nanney Foundation is headquartered in RALEIGH, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles D Gray Iii | TRUSTEE | $2K | $0 | $2K |
| David P Nanney Jr | TRUSTEE | $2K | $0 | $2K |
| Mary Ellen Jennings | TRUSTEE | $2K | $0 | $2K |
Total Giving
$198K
Total Assets
$2.9M
Fair Market Value
$3.4M
Net Worth
$2.9M
Grants Paid
$160K
Contributions
$0
Net Investment Income
$90K
Distribution Amount
$164K
Total: $2.8M
Total Grants
86
Total Giving
$628K
Average Grant
$7K
Median Grant
$3K
Unique Recipients
28
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyCHARITABLE | Gastonia, NC | $28K | 2022 |
| House Of MercyCIVIC | Belmont, NC | $2K | 2022 |
| First Baptist ChurchRELIGIOUS | Gastonia, NC | $500 | 2022 |
| Crisis Assistance MinistryCHARITABLE | Gastonia, NC | $28K | 2022 |
| Campbell University Law School |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Buies Creek, NC |
| $20K |
| 2022 |
| Mars Hill UniversityEDUCATION | Mars Hill, NC | $19K | 2022 |
| Wake Forest UniversityEDUCATION | Winston Salem, NC | $15K | 2022 |
| Gardner-Webb UniversityEDUCATION | Boiling Springs, NC | $15K | 2022 |
| United Way Of Gaston CountyCHARITABLE | Gastonia, NC | $11K | 2022 |
| Holy Angels IncCIVIC | Belmont, NC | $5K | 2022 |
| Gaston Symphonic BandCHARITABLE | Gastonia, NC | $3K | 2022 |
| Food Bank Of Central & Eastern North Carolina IncCHARITABLE | Raleigh, NC | $3K | 2022 |
| Cancer Services Of Gaston CountyMEDICAL | Gastonia, NC | $3K | 2022 |
| With Friends IncCIVIC | Gastonia, NC | $3K | 2022 |
| Gaston County EcaCHARITABLE | Gastonia, NC | $3K | 2022 |
| Gaston Literacy Council IncEDUCATION | Gastonia, NC | $3K | 2022 |
| North Carolina State College Of Education FoundationEDUCATION | Raleigh, NC | $3K | 2022 |
| Second Harvest Food Bank Of Metrolina IncCHARITABLE | Charlotte, NC | $3K | 2022 |
| Second Harvest Food Bank Of Northwest North Carolina IncCHARITABLE | Winston Salem, NC | $3K | 2022 |
| The Summit SchoolEDUCATION | Winston Salem, NC | $3K | 2022 |
| Meredith CollegeEDUCATION | Raleigh, NC | $2K | 2022 |
| Saving Grace Animals For Adoption IncCHARITABLE | Wake Forest, NC | $2K | 2022 |
| Gaston College FoundationCHARITABLE | Dallas, NC | $250 | 2022 |
| Gaston Arts CouncilEDUCATION | Gastonia, NC | $250 | 2022 |
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