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H Clay And Wavie M Presnell Foundation is a private corporation based in RANDLEMAN, NC. The foundation received its IRS ruling in 2005. The principal officer is Robert A Mason. It holds total assets of $2.9M. Annual income is reported at $1.7M. Total assets have grown from $1.1M in 2010 to $2.7M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2021 to 2024. Grantmaking is concentrated in North Carolina. According to available records, H Clay And Wavie M Presnell Foundation has made 36 grants totaling $429K, with a median grant of $10K. Annual giving has grown from $139K in 2022 to $290K in 2023. Individual grants have ranged from $1K to $45K, with an average award of $12K. The foundation has supported 18 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
H Clay And Wavie M Presnell Foundation reported 36 individual grants totaling $429,400 between 2022 and 2023 across its IRS Form 990-PF filings, with a median grant of $10,000. Half of those grants fell between $7,875 and $14,250. Its largest single grant in the record was $45,000. Its most recent available filing, for fiscal year 2023, reports $189,265 in total giving.
Grantmaking is concentrated in NC, which received 36 of the 36 grants on record (100 percent). Of its 18 distinct grantees, 67 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Power Point Church ($90,000), Gray Chapel Umc ($40,000) and Boys And Girls Club Of Hp (Asheboro) ($35,000).
Computed from 36 individual grant records (2022–2023) in this foundation's IRS Form 990-PF Part XV filings. Source: IRS 990-PF.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$10K
Largest Grant
$20K
Based on 12 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.
H Clay And Wavie M Presnell Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in NC.
H Clay And Wavie M Presnell Foundation has distributed a total of $429K across 36 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $1K to $45K.
The application deadline is SEE ATTACHMENT. Focus on recreational, educational, healthcare and governmental services in randolph county.
H Clay And Wavie M Presnell Foundation is headquartered in RANDLEMAN, NC.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tammy Webster | SECRETARY-TREASURER | $30K | $0 | $30K |
| Linda Mcneill | VICE PRESIDENT | $0 | $0 | N/A |
| Roxanne Kesler | DIRECTOR | $0 | $0 | N/A |
| Bob Mason | DIRECTOR | $0 | $0 | N/A |
| Kevin Kesler | PRESIDENT | $0 | $0 | N/A |
Total Giving
$189K
Total Assets
$2.7M
Fair Market Value
$3.1M
Net Worth
$2.7M
Grants Paid
$120K
Contributions
$269K
Net Investment Income
$231K
Distribution Amount
$139K
Total Grants
36
Total Giving
$429K
Average Grant
$12K
Median Grant
$10K
Unique Recipients
18
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Emily'S Kids FoundationGENERAL OPERATINGSUPPORT | Climax, NC | $14K | 2023 |
| Power Point ChurchCRISIS RELIEFCENTER FUNDING | Lumberton, NC | $45K | 2023 |
| Gray Chapel UmcFOOD MINISTRY | Franklinville, NC | $16K | 2023 |
| Boys And Girls Club Of Hp (Asheboro)HEALTH & LIFESKILLS PROGRAM | High Point, NC | $10K | 2023 |
| Asheboro Shelter Of HopeCOMMERCIALKITCHEN EQUIPMENT | Asheboro, NC | $10K | 2023 |
| Naaman'S VillagePROJECT | High Point, NC | $10K | 2023 |
| Keaton'S PlaceDRUG & ALCOHOLTREATMENT PROGRAM | Asheboro, NC | $10K | 2023 |
| Tabitha MinistryRENOVATION OF TRANSITIONALHOUSING FOR WOMEN | Summerfield, NC | $10K | 2023 |
| Spirit Horse Ranch And EducationBARN RENOVATION FORADA COMPLIANCE | Asheboro, NC | $8K | 2023 |
| Winston Salem StealersPURCHASE OF NEW UNIFORMS | Kernersville, NC | $8K | 2023 |
| Midway Wesleyan ChurchPROJECT | Randleman, NC | $3K | 2023 |
| Randleman Community Service IncFOOD PANTRY | Randleman, NC | $1K | 2023 |
| Randolph County Family Crisis CenterPROJECT | Asheboro, NC | $25K | 2022 |
| Randolph Senior AdultsPROJECT | Asheboro, NC | $20K | 2022 |
| Victory JunctionPROJECT | Randleman, NC | $20K | 2022 |
| Our Daily Bread KitchenGENERAL OPERATINGSUPPORT | Asheboro, NC | $15K | 2022 |
| Heroes Helping Heroes IncPROJECT | Pinnacle, NC | $7K | 2022 |
| Sew Busy Ladies Group IncGENERAL OPERATINGSUPPORT | Asheboro, NC | $2K | 2022 |