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Also known as: C/O SALEM INVESTMENT COUNSELORS INC
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James G Hanes Memorial Fund is a private trust based in WINSTON SALEM, NC. The foundation received its IRS ruling in 1964. The principal officer is First Horizon Bank Ttee. It holds total assets of $20M. Annual income is reported at $7.2M. The foundation is governed by 3 officers and trustees. Tax records are available from 2020 to 2023. Grantmaking is concentrated in North Carolina. According to available records, James G Hanes Memorial Fund has made 53 grants totaling $5.9M, with a median grant of $47K. Annual giving has grown from $1.4M in 2020 to $3M in 2022. Individual grants have ranged from $5K to $624K, with an average award of $112K. The foundation has supported 34 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$36K
Average Grant
$106K
Largest Grant
$624K
Based on 14 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.
James G Hanes Memorial Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 53 grants. Its grantmaking reaches organizations primarily in NC.
James G Hanes Memorial Fund has distributed a total of $5.9M across 53 grants. The median grant size is $47K, with an average of $112K. Individual grants have ranged from $5K to $624K.
The application deadline is ANNUAL APPLICATION DEADLINES ARE JANUARY 1, APRIL 1, JULY 1, AND OCTOBER 1. No restrictions or limitations on awards.
James G Hanes Memorial Fund is headquartered in WINSTON SALEM, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James G Hanes Iii | DIRECTOR | $0 | $0 | N/A |
| Drewry Nostitz-Rieneck | DIRECTOR | $0 | $0 | N/A |
| Eldridge C Hanes | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.9M
Total Assets
$18.9M
Fair Market Value
$37.8M
Net Worth
$18.9M
Grants Paid
$1.6M
Contributions
N/A
Net Investment Income
$2.5M
Distribution Amount
$1.8M
Total: $12.4M
Total Grants
53
Total Giving
$5.9M
Average Grant
$112K
Median Grant
$47K
Unique Recipients
34
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Southeastern Center For Contemporary ArtOPERATIONAL SUPPORT AND THEATRE RENOVATION | Winstonsalem, NC | $624K | 2022 |
| Senior ServicesSUPPORT CREATIVE CONNECTIONS COMPAIGN | Winstonsalem, NC | $200K | 2022 |
| Crossnore Communities For ChildrenSUPPORT NEW FOSTER CARE/PARENTING PROGRAM | Winstonsalem, NC | $200K | 2022 |
| Friends Of Rjr AuditoriumFUND IMPROVEMENTS TO RJR MEMORIAL AUDITORIUM | Winstonsalem, NC | $150K | 2022 |
| Winston Salem Theatre AllianceASSIST WITH CAPITAL CAMPAIGN | Winstonsalem, NC | $75K | 2022 |
| Creative Center Of NcPROGRAM SERVICES SUPPORT | Winstonsalem, NC | $50K | 2022 |
| Samaritan MinistriesASSIST WITH BUILDING UPGRADES | Winstonsalem, NC | $47K | 2022 |
| Appalachian State University FoundationFUND STUDENT OUTREACH PROGRAMS | Boone, NC | $25K | 2022 |
| Trellis Supportive CareASSIST WITH CAPITAL CAMPAIGN | Winstonsalem, NC | $25K | 2022 |
| Starworks CenterASSIST WITH BUILDING RENOVATION | Star, NC | $25K | 2022 |
| A Bed And A BookPROVIDE BEDS AND BEDDING FOR PUBLIC HOUSING TRANSITION | Pfafftown, NC | $20K | 2022 |
| BookmarksSUPPORT STUDENT VISITS AND BOOK PURCHASES | Winstonsalem, NC | $18K | 2022 |
| Piedmont Environmental AllianceFUND ELEMENTARY SCHOOL PROGRAMS | Winstonsalem, NC | $15K | 2022 |
| Rhinoleap ProductionsPROGRAM SERVICES SUPPORT | Winstonsalem, NC | $5K | 2022 |
| Second Harvest Food BankFACILITY RENOVATION | Winstonsalem, NC | $250K | 2021 |
| Winston Salem Arts CouncilFUND PRODUCTION OF LOCAL FILM | Winstonsalem, NC | $176K | 2021 |
| Unc School Of The ArtsGENERAL SUPPORT FOR PROGRAM SERVICES | Winstonsalem, NC | $150K | 2021 |
| Nature ConservancyFULLY FUND NAMED ENDOWMENT | Durham, NC | $100K | 2021 |
| Crosby ScholarsEXPAND COLLEGE ACCESS PROGRAMS | Winstonsalem, NC | $75K | 2021 |
| Nc Business Leaders For EducationSUPPORT RESOURCES FOR PROSPECTIVE TEACHERS | Cary, NC | $75K | 2021 |
| Junior Achievement Of The TriadSUPPORT FINANCIAL LITERACY PROGRAMS | Greensboro, NC | $45K | 2021 |
| Aperature CinemaUPGRADE FACILITIES | Winstonsalem, NC | $30K | 2021 |
| Appalachian State UniversitySTUDENT OUTREACH PROGRAMS | Boone, NC | $25K | 2021 |
| Summit SchoolSUPPORT DREAM SCHOOL INITIATIVE | Winstonsalem, NC | $20K | 2021 |
| Gateway Environmental InitiativeSUPPORT SEARCH AND HIRING OF EXECUTIVE DIRECTOR | Winstonsalem, NC | $15K | 2021 |
| Forsyth Jail & Prison MinistriesASSIST IN FUNDING EXECUTIVE DIRECTOR POSITION | Winstonsalem, NC | $10K | 2021 |
| Nc Center For Nonprofit OrganizationsSUPPORT INCREASE IN PROGRAM CAPACITIES | Raleigh, NC | $5K | 2021 |
| Unc School Of The Arts FoundationSUPPORT REAL ESTATE FUND AND ESTABLISH ENDOWED PROFESSORSHIP | Winstonsalem, NC | $450K | 2020 |
| Piedmont Land ConservancySUPPORT ACQUISITION OF CONSERVATION EASEMENT | Greensboro, NC | $250K | 2020 |
| Addiction Recovery Care AssociationFACILITY REPLACEMENT AND EXPANSION | Winstonsalem, NC | $100K | 2020 |
| Ywca Of Forsyth CountyOPERATIONAL SUPPORT TO PROVIDE PROGRAM SCHOLARSHIPS | Winstonsalem, NC | $63K | 2020 |
| Abc Of Nc FoundationPROGRAM SUPPORT FOR ABCARES | Winstonsalem, NC | $50K | 2020 |