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Ned R Mcwherter Charitable Foundation is a private corporation based in JACKSON, TN. The foundation received its IRS ruling in 1997. It holds total assets of $2.8M. Annual income is reported at $665K. THE FOUNDATION MAKES GRANTS TO OTHER ORGANIZATIONS FOR CHARITABLE PURPOSES. ACCORDINGLY, IT IS A NON-OPERATING OR GRANT-MAKING FOUNDATION. According to available records, Ned R Mcwherter Charitable Foundation has made 91 grants totaling $846K, with a median grant of $2K. Annual giving has grown from $169K in 2020 to $203K in 2023. Grantmaking activity was highest in 2022 with $474K distributed across 44 grants. Individual grants have ranged from $1K to $140K, with an average award of $9K. The foundation has supported 40 unique organizations. Grants have been distributed to organizations in Tennessee and Arkansas and Illinois. Contributions to this foundation are tax-deductible.
THE FOUNDATION MAKES GRANTS TO OTHER ORGANIZATIONS FOR CHARITABLE PURPOSES. ACCORDINGLY, IT IS A NON-OPERATING OR GRANT-MAKING FOUNDATION.
THE FOUNDATION MAKES GRANTS TO OTHER ORGANIZATIONS FOR CHARITABLE PURPOSES. ACCORDINGLY, IT IS A NON-OPERATING OR GRANT-MAKING FOUNDATION. Based on available records, the foundation has funded 91 grants. Its grantmaking reaches organizations primarily in TN, AR, IL.
Ned R Mcwherter Charitable Foundation has distributed a total of $846K across 91 grants. The median grant size is $2K, with an average of $9K. Individual grants have ranged from $1K to $140K.
Ned R Mcwherter Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ned R Mcwherter Charitable Foundation is headquartered in JACKSON, TN. While based in TN, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Madelyn B Pritchett | SECRETARY | $12K | $0 | $12K |
| Mary Jane Mcwherter | DIRECTOR | $0 | $0 | $0 |
| Michael R Mcwherter | PRESIDENT | $0 | $0 | $0 |
Total Giving
$244K
Total Assets
$2.7M
Fair Market Value
$5.2M
Net Worth
$2.7M
Grants Paid
$203K
Contributions
$153K
Net Investment Income
$105K
Distribution Amount
$236K
Total: $2.5M
Total Grants
91
Total Giving
$846K
Average Grant
$9K
Median Grant
$2K
Unique Recipients
40
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchFOR GENERAL PURPOSES | Jackson, TN | $25K | 2023 |
| Crime StoppersFOR GENERAL PURPOSES | Denmark, TN | $1K | 2023 |
| The Star CenterFOR GENERAL PURPOSES | Jackson, TN | $30K | 2023 |
| The Jackson Symphony (Music Academy)FOR GENERAL PURPOSES | Jackson, TN | $25K | 2023 |
| Sultana Historical Preservation SocietyFOR GENERAL PURPOSES |
SARATOGA SPGS, NY
OAKLAND, CA
PALM BCH GDNS, FL
SARATOGA SPGS, NY
ALBANY, NY
| 2017 | 990PF | View |
| Marion, AR |
| $25K |
| 2023 |
| Clinton FoundationFOR GENERAL PURPOSES | Little Rock, AR | $10K | 2023 |
| Sunset CemeteryFOR GENERAL PURPOSES | Dresden, TN | $8K | 2023 |
| City Of Jackson - The Ned Mcwherter Performing Arts CenterFOR GENERAL PURPOSES | Jackson, TN | $8K | 2023 |
| RifaFOR GENERAL PURPOSES | Jackson, TN | $5K | 2023 |
| Jackson Boys & Girls ClubFOR GENERAL PURPOSES | Jackson, TN | $5K | 2023 |
| Tennessee Ffa FoundationFOR GENERAL PURPOSES | Cookeville, TN | $5K | 2023 |
| The Dream CenterFOR GENERAL PURPOSES | Jackson, TN | $4K | 2023 |
| Aspell ManorFOR GENERAL PURPOSES | Jackson, TN | $4K | 2023 |
| Discovery ParkFOR GENERAL PURPOSES | Union City, TN | $4K | 2023 |
| Swan Ball 2023 UnderwritersFOR GENERAL PURPOSES | Nashville, TN | $3K | 2023 |
| Andrew Jackson FoundationFOR GENERAL PURPOSES | Hermitage, TN | $3K | 2023 |
| City Of DresdenFOR GENERAL PURPOSES | Dresden, TN | $2K | 2023 |
| Lane CollegeFOR GENERAL PURPOSES | Jackson, TN | $1K | 2023 |
| Tn Center For Performance ExcellenceFOR GENERAL PURPOSES | Nashville, TN | $1K | 2023 |
| Weststar - Ut MartinFOR GENERAL PURPOSES | Martin, TN | $1K | 2023 |
| Lucille Mcwherter Senior CenterFOR GENERAL PURPOSES | Memphis, TN | $1K | 2023 |
| Weakley County Senior Center (Co City Of Dresden)FOR GENERAL PURPOSES | Dresden, TN | $1K | 2023 |
| St John'S Community ServiceFOR GENERAL PURPOSES | Martin, TN | $1K | 2023 |
| The Jackson SymphonyFOR GENERAL PURPOSES | Jackson, TN | $1K | 2023 |
| West Tn PbsFOR GENERAL PURPOSES | Martin, TN | $1K | 2023 |
| TpacFOR GENERAL PURPOSES | Nashville, TN | $30K | 2022 |
| Belmont UniversityFOR GENERAL PURPOSES | Nashville, TN | $15K | 2022 |
| Open EyesFOR GENERAL PURPOSES | Wheaton, IL | $10K | 2022 |
| William Clinton FoundationFOR GENERAL PURPOSES | Little Rock, AR | $8K | 2022 |
| Tn Ffa FoundationFOR GENERAL PURPOSES | Cookeville, TN | $5K | 2022 |
| Swan Ball 2022 UnderwritersFOR GENERAL PURPOSES | Nashville, TN | $3K | 2022 |
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