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Frank & Betty Hedrick Foundation is a private corporation based in WICHITA, KS. The foundation received its IRS ruling in 1967. It holds total assets of $561K. Annual income is reported at $158K. Total assets have decreased from $884K in 2011 to $697K in 2023. 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. The foundation primarily funds organizations in Kansas, Iowa and New York. According to available records, Frank & Betty Hedrick Foundation has made 42 grants totaling $145K, with a median grant of $1K. Annual giving has grown from $34K in 2020 to $76K in 2022. Individual grants have ranged from $200 to $25K, with an average award of $3K. The foundation has supported 18 unique organizations. Grants have been distributed to organizations in Kansas and New York and Iowa. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$2K
Average Grant
$4K
Largest Grant
$25K
Based on 9 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.
Frank & Betty Hedrick Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 42 grants. Its grantmaking reaches organizations primarily in KS, NY, IA.
Frank & Betty Hedrick Foundation has distributed a total of $145K across 42 grants. The median grant size is $1K, with an average of $3K. Individual grants have ranged from $200 to $25K.
Frank & Betty Hedrick Foundation typically selects its grantees rather than accepting unsolicited proposals.
Frank & Betty Hedrick Foundation is headquartered in WICHITA, KS. While based in KS, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Myrna Clayton | VICE PRESIDE | $9K | $0 | $9K |
| Fred Clayton | PRESIDENT | $9K | $0 | $9K |
| Angie Clayton-Brown | SECRETARY-DI | $0 | $0 | N/A |
Total Giving
$53K
Total Assets
$697K
Fair Market Value
$577K
Net Worth
$697K
Grants Paid
$32K
Contributions
N/A
Net Investment Income
$24K
Distribution Amount
$28K
Total: $655K
Total Grants
42
Total Giving
$145K
Average Grant
$3K
Median Grant
$1K
Unique Recipients
18
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mark ArtsFOR USE IN OPERATIONS | Wichita, KS | $25K | 2022 |
| East Heights UmcFOR USE IN OPERATIONS | Wichita, KS | $5K | 2022 |
| American Red CrossFOR USE IN OPERATIONS | Boone, IA | $2K | 2022 |
| Wichita State University-EndownmentFOR USE IN OPERATIONS | Wichita, KS | $2K | 2022 |
| Tunnel To Towers FoundationFOR USE IN OPERATIONS | Staten Island, NY | $2K | 2022 |
| Fundamental Learning Center IncFOR USE IN OPERATIONS | Wichita, KS | $500 | 2022 |
| Wichita Top Children'S FundFOR USE IN OPERATIONS | Wichita, KS | $500 | 2022 |
| Freedom Hooves Therapeutic Riding CFOR USE IN OPERATIONS | Wichita, KS | $500 | 2022 |
| Downtown WichitaFOR USE IN OPERATIONS | Wichita, KS | $250 | 2022 |
| Wichita Family Crisis CenterFOR USE IN OPERATIONS | Wichita, KS | $500 | 2021 |
| Kansas Council For Economic EducatiFOR USE IN OPERATIONS | Wichita, KS | $200 | 2021 |
| Wichita State UniversityKC CLAYTON SCHOLARSHIP FUND | Wichita, KS | $20K | 2020 |
| Top Early Learning CentersFOR USE IN OPERATIONS | Wichita, KS | $3K | 2020 |
| Wichita State University FoundationCOVID STUDENT EMERGENCY FUND | Wichita, KS | $1K | 2020 |
| Project LaundryFOR USE IN OPERATIONS | Wichita, KS | $500 | 2020 |
| KptsFOR USE IN OPERATIONS | Wichita, KS | $500 | 2020 |
| Passageways LtdFOR USE IN OPERATIONS | Wichita, KS | $300 | 2020 |
| Flowers On DouglasFOR USE IN OPERATIONS | Wichita, KS | $250 | 2020 |