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Mcrae Foundation is a private corporation based in KINSTON, NC. The foundation received its IRS ruling in 2002. It holds total assets of $114K. Annual income is reported at $3K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Mcrae Foundation has made 17 grants totaling $27K, with a median grant of $1K. Annual giving has grown from $7K in 2020 to $13K in 2022. Individual grants have ranged from $1K to $3K, with an average award of $2K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Mcrae 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.
Mcrae Foundation has distributed a total of $27K across 17 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $1K to $3K.
Mcrae Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mcrae Foundation is headquartered in KINSTON, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Katherine A Ramsey | VICE PRES. | $0 | $0 | $0 |
| Sally S Mcrae | DIRECTOR | $0 | $0 | $0 |
| Cameron W Mcrae | PRES./DIRECT | $0 | $0 | $0 |
| Scott Mcrae | VICE PRES | $0 | $0 | $0 |
| Donna Rodwell | SECRETARY | $0 | $0 | $0 |
Total Giving
$7K
Total Assets
$118K
Fair Market Value
$118K
Net Worth
$118K
Grants Paid
$6K
Contributions
$0
Net Investment Income
$2K
Distribution Amount
$6K
Total Grants
17
Total Giving
$27K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
5
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| East Carolina Council Boy ScoutsYOUTH PROGRAMS | Kinston, NC | $3K | 2022 |
| Boys & Girls Club Of Coastal PlainYOUTH PROGRAMS | Winterville, NC | $2K | 2022 |
| Mary'S Kitchen IncFIGHT HUNGER | Kinston, NC | $1K | 2022 |
| Community Council For The ArtsARTS AND EDUCATION | Kinston, NC | $1K | 2022 |
| American Legion Post 43BUILDING FUND | Kinston, NC | $1K | 2021 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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