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Kennedy-Herterich Foundation is a private corporation based in BLOWING ROCK, NC. The foundation received its IRS ruling in 2016. The principal officer is Karyn Kennedy Herterich. It holds total assets of $9.1M. Annual income is reported at $1.3M. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in North Carolina and South Carolina. According to available records, Kennedy-Herterich Foundation has made 70 grants totaling $1.3M, with a median grant of $14K. Annual giving has grown from $339K in 2020 to $952K in 2022. Individual grants have ranged from $1K to $78K, with an average award of $18K. The foundation has supported 31 unique organizations. The foundation primarily supports organizations in South Carolina, North Carolina, Mississippi, which account for 93% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$14K
Average Grant
$15K
Largest Grant
$43K
Based on 22 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.
Kennedy-Herterich Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 70 grants. Its grantmaking reaches organizations primarily in SC, NC, MS.
Kennedy-Herterich Foundation has distributed a total of $1.3M across 70 grants. The median grant size is $14K, with an average of $18K. Individual grants have ranged from $1K to $78K.
The application deadline is CRITERIA, GUIDELINES AND APPLICATION PROCEDURAL DETAILS CAN BE PROVIDED UPON RECEIPT OF A LETTER OF. Criteria, guidelines and application procedural details can be provided upon receipt of a letter of introduction.
Kennedy-Herterich Foundation is headquartered in BLOWING ROCK, NC. While based in NC, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Morgan Kennedy Herterich | SECRETARY/TR | $36K | $9K | $45K |
| Karyn Kennedy Herterich | PRESIDENT | $36K | $9K | $45K |
| Dieter K Herterich | VICE PRESIDE | $0 | $0 | N/A |
Total Giving
$451K
Total Assets
$8.7M
Fair Market Value
$8.7M
Net Worth
$8.7M
Grants Paid
$314K
Contributions
N/A
Net Investment Income
$384K
Distribution Amount
$399K
Total: $8.4M
Total Grants
70
Total Giving
$1.3M
Average Grant
$18K
Median Grant
$14K
Unique Recipients
31
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Disabled American VeteransGENERAL OPERATING | Boone, NC | $8K | 2022 |
| High Country Caregivers FoundationPROGRAMMING RESTRUCTURING SUPPORT | Boone, NC | $78K | 2022 |
| Kids On PointEDUCATION SUPPORT | Charleston, SC | $55K | 2022 |
| Camp Happy DaysSUPPORT FOR CHILDREN WITH CANCER | Charleston, SC | $41K | 2022 |
| College Of Charleston Athletic ClubSTUDENT SCHOLARSHIPS | Charleston, SC | $30K | 2022 |
| Hospitality House Of BooneWINTER FUEL PROGRAM FOR INDIGENT FAM | Boone, NC | $30K | 2022 |
| The Green Heart Project IncGENERAL OPERATING | Charleston, SC | $30K | 2022 |
| Christ SchoolEDUCATION | Arden, NC | $28K | 2022 |
| Charleston Gaillard CenterOPERATIONS SUPPORT | Charleston, SC | $25K | 2022 |
| The Village Fdt Of Blowing RockOPERATIONS SUPPORT | Blowing Rock, NC | $25K | 2022 |
| Ole Miss Athletic FoundationOPERATING SUPPORT | Oxford, MS | $25K | 2022 |
| Appalachian State University FoundaEDUCATION SUPPORT | Boone, NC | $25K | 2022 |
| John F Kennedy Ctr For The Perf ArGENERAL OPERATING | Arlington, VA | $15K | 2022 |
| Big Brothers &Sisters Of The LowcouCOMMUNITY BASED MENTORING | North Charleston, SC | $10K | 2022 |
| College Of Charleston AthleticsOPERATIONS SUPPORT | Charleston, SC | $10K | 2022 |
| Youth American Grand Prix IncSUPPORT & DEVELOP WORLD CLASS DANCER | New York, NY | $10K | 2022 |
| Shriners Hospitals For ChildrenSUPPORT FOR SHRINERS HOSPITAL | Greenville, SC | $8K | 2022 |
| Rotary Club Of Blowing RockFUND CAMP SCHOLARSHIP FOR CHILDREN | Blowing Rock, NC | $5K | 2022 |
| Women'S Fund Of The Blue RidgeGENERAL OPERATING | Boone, NC | $5K | 2022 |
| The Project Dance FoundationGENERAL OPERATING | Boone, NC | $5K | 2022 |
| Charleston Junior Golf FoundationSTRUCTURED EDUCATIONAL PROGRAMS | Mt Pleasant, SC | $4K | 2022 |
| Watauga County Habitat For HumanityOPERATIONS SUPPORT | Boone, NC | $3K | 2022 |
| Appalachian Theater Of The High CouSUPPORT FOR JAZZ FESTIVAL | Boone, NC | $3K | 2022 |
| Blowing Rock Civic AssociationGENERAL OPERATING | Blowing Rock, NC | $2K | 2022 |