//
Also known as: C/O DAVID POWELL NANNEY JR
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in North Carolina. 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.
Smallest Grant
$250
Median Grant
$3K
Average Grant
$7K
Largest Grant
$16K
Based on 21 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.
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
N/A
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 SchoolEDUCATION | 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 |
| 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 |
| Gaston County EcaCHARITABLE | Gastonia, NC | $3K | 2022 |
| With Friends IncCIVIC | Gastonia, NC | $3K | 2022 |
| Gaston Literacy Council IncEDUCATION | Gastonia, NC | $3K | 2022 |
| Cancer Services Of Gaston CountyMEDICAL | Gastonia, NC | $3K | 2022 |
| North Carolina State College Of Education FoundationEDUCATION | Raleigh, NC | $3K | 2022 |
| Saving Grace Animals For Adoption IncCHARITABLE | Wake Forest, NC | $2K | 2022 |
| Meredith CollegeEDUCATION | Raleigh, NC | $2K | 2022 |
| Gaston College FoundationCHARITABLE | Dallas, NC | $250 | 2022 |
| Gaston Arts CouncilEDUCATION | Gastonia, NC | $250 | 2022 |