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Mcmichael Family Foundation is a private corporation based in MADISON, NC. The foundation received its IRS ruling in 1992. It holds total assets of $46.1M. Annual income is reported at $14.7M. The foundation is governed by 6 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Funding is distributed across 4 states, including North Carolina, Kentucky, Florida. According to available records, Mcmichael Family Foundation has made 39 grants totaling $14.2M, with a median grant of $210K. The foundation has distributed between $2.5M and $5.6M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $5.6M distributed across 16 grants. Individual grants have ranged from $100K to $1.5M, with an average award of $363K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in North Carolina, Virginia, Georgia, which account for 79% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100K
Median Grant
$208K
Average Grant
$350K
Largest Grant
$1.4M
Based on 8 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.
Mcmichael Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 39 grants. Its grantmaking reaches organizations primarily in NC, VA, GA.
Mcmichael Family Foundation has distributed a total of $14.2M across 39 grants. The median grant size is $210K, with an average of $363K. Individual grants have ranged from $100K to $1.5M.
Mcmichael Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mcmichael Family Foundation is headquartered in MADISON, NC. While based in NC, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Whitney Brigman Heard | SECRETARY/JU | $13K | $0 | $13K |
| Andrew Martin Miracle | JUNIOR MEMBE | $0 | $0 | N/A |
| Dalton L Mcmichael Jr | PRESIDENT/DI | $0 | $0 | N/A |
| Anna Drew Kirk | JUNIOR MEMBE | $0 | $0 | N/A |
| Flavel Mcmichael Godfrey | VICE PRES/DI | $0 | $0 | N/A |
| Gail Lane | TREASURER/DI | $0 | $0 | N/A |
Total Giving
$3.7M
Total Assets
$44.8M
Fair Market Value
$57.8M
Net Worth
$44.8M
Grants Paid
$2.8M
Contributions
N/A
Net Investment Income
$2.4M
Distribution Amount
$2.8M
Total: $20.8M
Total Grants
39
Total Giving
$14.2M
Average Grant
$363K
Median Grant
$210K
Unique Recipients
16
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grants Under 100000VARIOUS-DETAILS UPON REQUEST | Madison, NC | $1.3M | 2023 |
| University Of GeorgiaTERRY COLLEGE OF BUSINESS | Athens, GA | $874K | 2023 |
| National Christian Foundation KyGENERAL PURPOSE | Lexington, KY | $220K | 2023 |
| Elon UniversityGENERAL PURPOSE | Elon, NC | $214K | 2023 |
| Nc State UniversityGENERAL PURPOSE | Raleigh, NC | $200K | 2023 |
| Mary Baldwin CollegeGENERAL PURPOSE | Staunton, VA | $500K | 2022 |
| Westchester Country Day SchoolGENERAL PURPOSE | High Point, NC | $112K | 2022 |
| St Vincent'S FoundationGENERAL PURPOSE | Jacksonville, FL | $100K | 2022 |
| Alleghany Memorial HospitalGENERAL PURPOSE | Sparta, NC | $100K | 2022 |
| Dalton L Mcmichael High SchoolGENERAL PURPOSE | Madison, NC | $320K | 2021 |
| Agnes Scott CollegeGENERAL PURPOSE | Decatur, GA | $120K | 2021 |
| Grants Under 100000 - Available Upon RequestGENERAL PURPOSE | Madison, NC | $1.2M | 2020 |
| Salem Academy & CollegeGENERAL PURPOSE | Winstonsalem, NC | $275K | 2020 |
| High Point Regional Health SystemGENERAL PURPOSE | High Point, NC | $212K | 2020 |
| National Christian Foundation KentuckyGENERAL PURPOSE | Lexington, NC | $155K | 2020 |
| Unc Lineberger Comprehensive Cancer CenterGENERAL PURPOSE | Chapel Hill, NC | $115K | 2020 |