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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. Total assets have grown from $712K in 2011 to $2.7M in 2023. The foundation is governed by 3 officers and trustees. The foundation makes grants to other organizations for charitable purposes. Accordingly, it is a non-operating or grant-making foundation. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Tennessee. 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.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$9K
Largest Grant
$140K
Based on 19 grants from the most recent 990-PF filing.
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 | N/A |
| Michael R Mcwherter | PRESIDENT | $0 | $0 | N/A |
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 | 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 |
| Aspell ManorFOR GENERAL PURPOSES | Jackson, TN | $4K | 2023 |
| The Dream CenterFOR 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 |
| St John'S Community ServiceFOR GENERAL PURPOSES | Martin, 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 |
| 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 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN