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The Cain Family Foundation is a private corporation based in CORNELIUS, NC. The foundation received its IRS ruling in 2019. It holds total assets of $847K. Annual income is reported at $19K. The foundation is governed by 3 officers and trustees. Focus on assisting the working poor,providing relief for the working poor. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in North Carolina and South Carolina. According to available records, The Cain Family Foundation has made 24 grants totaling $226K, with a median grant of $10K. Annual giving has grown from $73K in 2020 to $153K in 2022. Individual grants have ranged from $480 to $28K, with an average award of $9K. The foundation has supported 14 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$10K
Average Grant
$13K
Largest Grant
$26K
Based on 9 grants from the most recent 990-PF filing.
Focus on assisting the working poor,providing relief for the working poor.
Expenses: $51K
Focus on assisting the working poor, providing educational opportunities
Expenses: $22K
Focus on assisting the working poor, providing assistance to elderly and single parents.
Focus on assisting the working poor,providing relief for the working poor. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in NC.
The Cain Family Foundation has distributed a total of $226K across 24 grants. The median grant size is $10K, with an average of $9K. Individual grants have ranged from $480 to $28K.
Foundation focuses on needs in cornelius nc and surrounding communities.
The Cain Family Foundation is headquartered in CORNELIUS, NC. The foundation primarily funds organizations in North Carolina, South Carolina.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William H Cain | PRESIDENT | $0 | $0 | N/A |
| Ericka A Cain | SECRETARY | $0 | $0 | N/A |
| Donna M Moffett | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$887K
Fair Market Value
N/A
Net Worth
$887K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
24
Total Giving
$226K
Average Grant
$9K
Median Grant
$10K
Unique Recipients
14
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Working Poor VariousRELIEF FOR WORKING POOR | Cornelius, NC | $28K | 2022 |
| B SandsEDUCATIONAL | Cornelius, NC | $10K | 2022 |
| K CusickEDUCATIONAL | Statesville, NC | $10K | 2022 |
| Big Day At The Lakebig Bro Big SisOUTING FOR CHILDREN IN FOSTER SYSTEM | Charlotte, NC | $10K | 2022 |
| Samaritans PurseRELIEF EFFORTS | Boone, NC | $10K | 2022 |
| K TurrentineEDUCATIONAL | Cornelius, NC | $4K | 2022 |
| Lake Norman High SchoolTHEATER UPGRADES | Mooresville, NC | $4K | 2022 |
| N MeliusEDUCATIONAL | Cornelius, NC | $480 | 2022 |
| M Eddy FamilyPOVERTY RELIEF-TRANSPORTATION | Cornelius, NC | $21K | 2020 |
| A AshnerEDUCATION | Cornelius, NC | $10K | 2020 |
| A KesslerEDUCATION | Mooresville, NC | $10K | 2020 |
| D LaynePOVERTY RELIEF | Cornelius, NC | $10K | 2020 |
| M EddyPOVERTY RELIEF-LODGING | Cornelius, NC | $5K | 2020 |
| T BullockEDUCATION | Cornelius, NC | $2K | 2020 |