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The@Hubert A Ritchie Foundation is a private trust based in GREENSBORO, NC. The foundation received its IRS ruling in 2001. The principal officer is Wachovia Bank Na. It holds total assets of $3.6M. Annual income is reported at $1.2M. The foundation is governed by 4 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 2016 to 2023. Grantmaking is concentrated in North Carolina. According to available records, The@Hubert A Ritchie Foundation has made 32 grants totaling $669K, with a median grant of $6K. The foundation has distributed between $209K and $231K annually from 2020 to 2022. Individual grants have ranged from $2K to $200K, with an average award of $21K. The foundation has supported 17 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
The@Hubert A Ritchie Foundation reported 32 individual grants totaling $669,000 between 2020 and 2022 across its IRS Form 990-PF filings, with a median grant of $6,000. Half of those grants fell between $5,000 and $10,000. Its largest single grant in the record was $200,000. Its most recent available filing, for fiscal year 2023, reports $217,968 in total giving.
Grantmaking is concentrated in NC, which received 32 of the 32 grants on record (100 percent). Of its 17 distinct grantees, 41 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Rowan Regional Medical Ctr Fd Inc ($350,000), St Paul's Lutheran Church ($52,000) and Faith Academy Charter School ($50,000).
Computed from 32 individual grant records (2020–2022) in this foundation's IRS Form 990-PF Part XV filings. Source: IRS 990-PF.
Smallest Grant
$2K
Median Grant
$8K
Average Grant
$21K
Largest Grant
$150K
Based on 10 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.
The@Hubert A Ritchie Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in NC.
The@Hubert A Ritchie Foundation has distributed a total of $669K across 32 grants. The median grant size is $6K, with an average of $21K. Individual grants have ranged from $2K to $200K.
The@Hubert A Ritchie Foundation typically selects its grantees rather than accepting unsolicited proposals.
The@Hubert A Ritchie Foundation is headquartered in GREENSBORO, NC.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mr Timmy L Ervin | CO-TRUSTEE | $16K | $0 | $16K |
| Mr Donald Menius | CO-TRUSTEE | $16K | $0 | $16K |
| Mrs Nicole Plummer | CO-TRUSTEE | $12K | $0 | $12K |
| Mr Mark Menius | CO-TRUSTEE | $12K | $0 | $12K |
Total Giving
$218K
Total Assets
$3.7M
Fair Market Value
$4.9M
Net Worth
$3.7M
Grants Paid
$125K
Contributions
N/A
Net Investment Income
$125K
Distribution Amount
$231K
Total: $3.5M
Total Grants
32
Total Giving
$669K
Average Grant
$21K
Median Grant
$6K
Unique Recipients
17
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Faith Academy Charter SchoolMISCELLANEOUS NEEDS | Faith, NC | $50K | 2022 |
| South Salisbury Fire DeptGENERAL EXPENSES | Salisbury, NC | $50K | 2022 |
| Scotch Irish Fire DeptGENERAL EXPENSES | Woodleaf, NC | $40K | 2022 |
| Happy Farm IncASST COOLING SYS/CHILDREN CHRISTMAS | Salisbury, NC | $29K | 2022 |
| St Paul'S Lutheran ChurchSCHOLARSHIP FUND/CEMETARY FUND | Salisbury, NC | $12K | 2022 |
| AssiBACK TO SCHOOL AND CHRISTMAS | Rockwell, NC | $8K | 2022 |
| Christiana Lutheran ChurchGIFTS FOR 2 SCHOLARSHIPS/CEMETARY FD | Salisbury, NC | $7K | 2022 |
| Faith American Legion Post 327PARK UPKEEP | Faith, NC | $5K | 2022 |
| Rowan County Ag & Ind Fair AssocCHILDREN'S PROGRAMS AT FAIR | Salisbury, NC | $5K | 2022 |
| West Rowan High SchoolFOR FFA | Mt Ulla, NC | $5K | 2022 |
| Woodleaf Civitan ClubFOR COMMUNITY HELP | Woodleaf, NC | $5K | 2022 |
| Isenberg Elementary SchoolFOR MEDIA CENTER/BATTLE OF THE BOOKS | Salisbury, NC | $5K | 2022 |
| New Beginning Community Worship CtrGIFT FOR GENERAL EXPENSES | Kannapolis, NC | $3K | 2022 |
| Rowan Regional Medical Ctr Fd IncWALLACE CANCER CENTER | Salisbury, NC | $200K | 2021 |
| Nazareth Children'S HomeBACK TO SCHOOL AND CHRISTMAS | Rockwell, NC | $6K | 2021 |
| Scotch Irish Fire DepartmentGENERAL SUPPLIES | Woodleaf, NC | $10K | 2020 |
| South Salisbury Fire DepartmentLIGHT SHIELDS | Salisbury, NC | $10K | 2020 |