Also known as: CHARITABLE FOUNDATION
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Jack And Carolyn Ferguson Charitable Foundation is a private corporation based in CANDLER, NC. The foundation received its IRS ruling in 2004. The principal officer is Jack R Ferguson. It holds total assets of $4.3M. Annual income is reported at $41K. The foundation is governed by 8 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2022. The foundation primarily funds organizations in North Carolina and Tennessee. According to available records, Jack And Carolyn Ferguson Charitable Foundation has made 17 grants totaling $464K, with a median grant of $13K. Annual giving has decreased from $320K in 2021 to $144K in 2022. Individual grants have ranged from $5K to $77K, with an average award of $27K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in North Carolina and Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$30K
Average Grant
$32K
Largest Grant
$77K
Based on 5 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.
Jack And Carolyn Ferguson Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in NC, TN.
Jack And Carolyn Ferguson Charitable Foundation has distributed a total of $464K across 17 grants. The median grant size is $13K, with an average of $27K. Individual grants have ranged from $5K to $77K.
Jack And Carolyn Ferguson Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jack And Carolyn Ferguson Charitable Foundation is headquartered in CANDLER, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Renea Bennett Turner | SECRETARY | $12K | $0 | $12K |
| Tammy Ferguson | DIRECTOR | $12K | $0 | $12K |
| Jonel F Kinser | DIRECTOR | $12K | $0 | $12K |
| Scott Kinser | DIRECTOR | $4K | $0 | $4K |
| Chris Ferguson | DIRECTOR | $4K | $0 | $4K |
| Arron Bennett | DIRECTOR | $4K | $0 | $4K |
| Steven Ray Ferguson | DIRECTOR | $0 | $0 | N/A |
| Carolyn H Fergsuon | PRESIDENT | $0 | $0 | N/A |
Total Giving
$373K
Total Assets
$5M
Fair Market Value
$2.9M
Net Worth
$5M
Grants Paid
$144K
Contributions
$236K
Net Investment Income
$124K
Distribution Amount
$135K
Total Grants
17
Total Giving
$464K
Average Grant
$27K
Median Grant
$13K
Unique Recipients
7
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Abccm Hominy ValleyGENERAL DONATION | Candler, NC | $77K | 2022 |
| Hominy Baptist ChurchGENERAL DONATION | Candler, NC | $29K | 2022 |
| Enka HighGENERAL DONATION | Candler, NC | $13K | 2022 |
| St Jude Children'S Research HospitalGENERAL DONATION | Memphis, TN | $10K | 2022 |
| Special OlypmicsGENERAL DONATION | Asheville, NC | $5K | 2022 |
| Baptist Childrens HomeGENERAL DONATION | Clyde, NC | $5K | 2022 |
| Wnc Bridge FoundationGENERAL DONATION | Asheville, NC | $5K | 2022 |