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The Hedrick Family Foundation Inc. is a private corporation based in SALISBURY, NC. The foundation received its IRS ruling in 1996. It holds total assets of $957K. Annual income is reported at $517K. Total assets have grown from $168K in 2011 to $661K in 2023. The foundation is governed by 4 officers and trustees. Rock the quarry benefit run - rock the quarry is a foot race with a mission to bring our community together to celebrate good health in our beautiful sourrounding while supporting our neighbors. Net proceeds from the event benefit black mountain home for children and asheville museum of science. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in North Carolina. According to available records, The Hedrick Family Foundation Inc. has made 189 grants totaling $532K, with a median grant of $1K. Annual giving has grown from $140K in 2020 to $212K in 2022. Individual grants have ranged from $100 to $51K, with an average award of $3K. The foundation has supported 151 unique organizations. The foundation primarily supports organizations in North Carolina, Georgia, Florida, which account for 97% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$2K
Largest Grant
$33K
Based on 58 grants from the most recent 990-PF filing.
Rock the quarry benefit run - rock the quarry is a foot race with a mission to bring our community together to celebrate good health in our beautiful sourrounding while supporting our neighbors. Net proceeds from the event benefit black mountain home for children and asheville museum of science.
Expenses: $9K
Rock the quarry benefit run - rock the quarry is a foot race with a mission to bring our community together to celebrate good health in our beautiful sourrounding while supporting our neighbors. Net proceeds from the event benefit black mountain home for children and asheville museum of science. Based on available records, the foundation has funded 189 grants. Its grantmaking reaches organizations primarily in NC, GA, FL.
The Hedrick Family Foundation Inc. has distributed a total of $532K across 189 grants. The median grant size is $1K, with an average of $3K. Individual grants have ranged from $100 to $51K.
The Hedrick Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Hedrick Family Foundation Inc. is headquartered in SALISBURY, NC. While based in NC, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| F Joanne Johnson | SECRETARY | $0 | $0 | N/A |
| Arthur L Hattaway Jr | ASSISTANT SE | $0 | $0 | N/A |
| Jane B Arnold | VP & TREASUR | $0 | $0 | N/A |
| Jeffrey V Goodman | PRESIDENT | $0 | $0 | N/A |
Total Giving
$274K
Total Assets
$661K
Fair Market Value
$661K
Net Worth
$661K
Grants Paid
$262K
Contributions
$304K
Net Investment Income
$539
Distribution Amount
$33K
Total Grants
189
Total Giving
$532K
Average Grant
$3K
Median Grant
$1K
Unique Recipients
151
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shootin' Stars Archery TeamCHARITABLE USE | Nebo, NC | $1K | 2022 |
| Black Mountain Home For ChildrenCHARITABLE USE | Black Mountain, NC | $51K | 2022 |
| Asheville Museum Of ScienceCHARITABLE USE | Asheville, NC | $40K | 2022 |
| Asheville Area Chamber Of CommerceCHARITABLE USE | Asheville, NC | $12K | 2022 |
| River LinkCHARITABLE USE | Asheville, NC | $10K | 2022 |
| Boys & Girls Club Of HendersonCHARITABLE USE | Hendersonville, NC | $10K | 2022 |
| United Way Of Asheville AndCHARITABLE USE | Asheville, NC | $5K | 2022 |
| Ymca Of Western North CarolinaCHARITABLE USE | Asheville, NC | $5K | 2022 |
| CruCHARITABLE USE | Orlando, FL | $5K | 2022 |
| Bethel Church Of MidlandCHARITABLE USE | Midland, NC | $3K | 2022 |
| Freedom In Christ IncCHARITABLE USE | Candler, NC | $3K | 2022 |
| Haywood Street CongregationCHARITABLE USE | Asheville, NC | $3K | 2022 |
| Catherine'S HouseCHARITABLE USE | Belmont, NC | $3K | 2022 |
| Asheville Jewish Community CenterCHARITABLE USE | Asheville, NC | $3K | 2022 |
| West Stanly High SchoolCHARITABLE USE | Oakboro, NC | $3K | 2022 |
| Beloved AshevilleCHARITABLE USE | Asheville, NC | $3K | 2022 |
| Long Hill Baptist ChurchCHARITABLE USE | Candor, NC | $2K | 2022 |
| North Asheville Little LeagueCHARITABLE USE | Asheville, NC | $2K | 2022 |
| Pisgah Area SorbaCHARITABLE USE | Pisgah Forest, NC | $2K | 2022 |
| Swannanoa Valley ChristianCHARITABLE USE | Black Mountain, NC | $2K | 2022 |
| Union County Isaiah 117 HouseCHARITABLE USE | Blairsville, GA | $2K | 2022 |
| Asheville Buncombe Regional SportCHARITABLE USE | Asheville, NC | $2K | 2022 |
| Glenwood Ruritan ClubCHARITABLE USE | Marion, NC | $2K | 2022 |
| Bible Freewill Church Of WorshipCHARITABLE USE | Hamlet, NC | $2K | 2022 |
| AmoremCHARITABLE USE | Valdese, NC | $2K | 2022 |
| Candor Elementary SchoolCHARITABLE USE | Candor, NC | $2K | 2022 |
| Memorial Church Of GodCHARITABLE USE | Asheville, NC | $2K | 2022 |
| Recovery Ventures CorporationCHARITABLE USE | Black Mountain, NC | $2K | 2022 |
| Rock Hill Missionary BaptistCHARITABLE USE | Manning, SC | $2K | 2022 |
| Charlotte Knights Charities IncCHARITABLE USE | Charlotte, NC | $2K | 2022 |
| Calvary Baptist ChurchCHARITABLE USE | Norwood, NC | $2K | 2022 |
| Unc Asheville Athletics FoundationCHARITABLE USE | Asheville, NC | $2K | 2022 |
| Asheville Cathlic SchoolCHARITABLE USE | Asheville, NC | $2K | 2022 |
| Candor Elementary PtoCHARITABLE USE | Candor, NC | $1K | 2022 |
| Buncombe County Schools FoundationCHARITABLE USE | Asheville, NC | $1K | 2022 |
| Mills River Sda SchoolCHARITABLE USE | Mills River, NC | $1K | 2022 |
| American Legion Post 92CHARITABLE USE | Mount Gilead, NC | $1K | 2022 |
| Ams Cougar Athletic BoosterCHARITABLE USE | Cary, NC | $1K | 2022 |
| Anson County Cooperative ExtensionCHARITABLE USE | Wadesboro, NC | $1K | 2022 |
| Asheville Habitat For HumanityCHARITABLE USE | Asheville, NC | $1K | 2022 |
| Asheville Buncombe YouthCHARITABLE USE | Asheville, NC | $1K | 2022 |
| Davie Community FoundationCHARITABLE USE | Mocksville, NC | $1K | 2022 |
| Extreme PerfromanceCHARITABLE USE | Salisbury, NC | $1K | 2022 |
| Hominy Baptist ChurchCHARITABLE USE | Candler, NC | $1K | 2022 |
| Joshua Free Will Baptist YouthCHARITABLE USE | Albemarle, NC | $1K | 2022 |
| Konnoak Hills Moravian ChurchCHARITABLE USE | Winstonsalem, NC | $1K | 2022 |
| Lincoln County Coalition AgainstCHARITABLE USE | Lincolnton, NC | $1K | 2022 |
| Mountian Fire Baseball AssociationCHARITABLE USE | Asheville, NC | $1K | 2022 |
| PcaaCHARITABLE USE | Pineville, NC | $1K | 2022 |
| Yancey Advancement Foundation IncCHARITABLE USE | Burnsville, NC | $1K | 2022 |