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Melton Foundation is a private corporation based in HAYS, NC. The foundation received its IRS ruling in 2002. The principal officer is Doris W Melton. It holds total assets of $229K. Annual income is reported at $11K. The foundation is governed by 3 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 2020 to 2023. Grantmaking is concentrated in North Carolina. According to available records, Melton Foundation has made 51 grants totaling $123K, with a median grant of $2K. Annual giving has grown from $27K in 2020 to $64K in 2022. Individual grants have ranged from $1K to $5K, with an average award of $2K. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in North Carolina and Georgia. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$4K
Based on 12 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.
Melton Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 51 grants. Its grantmaking reaches organizations primarily in NC, GA.
Melton Foundation has distributed a total of $123K across 51 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $1K to $5K.
Melton Foundation typically selects its grantees rather than accepting unsolicited proposals.
Melton Foundation is headquartered in HAYS, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Doris W Melton | PRESIDENT | $0 | $0 | N/A |
| Randy L Melton | VICE PRESIDENT | $0 | $0 | N/A |
| Steven E Melton | SECRETARY TREASURER | $0 | $0 | N/A |
Total Giving
$34K
Total Assets
$270K
Fair Market Value
$656K
Net Worth
$270K
Grants Paid
$32K
Contributions
N/A
Net Investment Income
$12K
Distribution Amount
$31K
Total: $267K
Total Grants
51
Total Giving
$123K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
14
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rescue AmericaOPERATING FUND | Millers Creek, NC | $5K | 2022 |
| Wilkes Soil & Water Conservation DistrictGENERAL FUND | Wilkesboro, NC | $5K | 2022 |
| Samaritan Kitchen Of WilkesBACKPACK FOOD PROGRAM FOR KIDS | Wilkesboro, NC | $4K | 2022 |
| Cattlemen'S Association Of WilkesMEMORIAL AGRICULTURE SCHOLARSHIP | Wilkesboro, NC | $3K | 2022 |
| The Health FoundationNURSING SCHOLARSHIP | North Wilkesboro, NC | $3K | 2022 |
| Millers Creek Christian SchoolGENERAL FUND | Millers Creek, NC | $3K | 2022 |
| North Wilkes Middle SchoolLEAD PROGRAM | North Wilkesboro, NC | $3K | 2022 |
| Blue Ridge Opportunity CommissionMEALS ON WHEELS | North Wilkesboro, NC | $2K | 2022 |
| Relay For Life-American Cancer SocietyRELAY FOR LIFE | Atlanta, GA | $1K | 2022 |
| Hospice Of WilkesANNUAL DONATION | Wilkesboro, NC | $1K | 2022 |
| Mtn View RuritanOPERATING FUND | Hays, NC | $1K | 2022 |
| The Gideons InternationalOPERATING FUND | North Wilkesboro, NC | $1K | 2022 |
| Wilkes Pregnancy Care CenterGENERAL FUND | North Wilkesboro, NC | $1K | 2022 |
| Children'S Hope AllianceGENERAL FUND | Barium Springs, NC | $1K | 2021 |