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Thomas R And Kathy S Mcpherson Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2008. The principal officer is Foundation Source. It holds total assets of $56K. Annual income is reported at $152K. Total assets have decreased from $614K in 2011 to $63K in 2023. The foundation is governed by 1 officer or trustee. 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 2015 to 2023. The foundation primarily funds organizations in North Carolina and Maryland. According to available records, Thomas R And Kathy S Mcpherson Family Foundation has made 34 grants totaling $373K, with a median grant of $9K. The foundation has distributed between $97K and $176K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $176K distributed across 18 grants. Individual grants have ranged from $250 to $30K, with an average award of $11K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in North Carolina and Maryland. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$5K
Average Grant
$7K
Largest Grant
$30K
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.
Thomas R And Kathy S Mcpherson Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in NC, MD.
Thomas R And Kathy S Mcpherson Family Foundation has distributed a total of $373K across 34 grants. The median grant size is $9K, with an average of $11K. Individual grants have ranged from $250 to $30K.
Thomas R And Kathy S Mcpherson Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Thomas R And Kathy S Mcpherson Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas R Mcpherson | Pres, Dir, Sec | $0 | $0 | N/A |
Total Giving
$107K
Total Assets
$63K
Fair Market Value
$63K
Net Worth
$63K
Grants Paid
$100K
Contributions
N/A
Net Investment Income
$94K
Distribution Amount
$4K
Total Grants
34
Total Giving
$373K
Average Grant
$11K
Median Grant
$9K
Unique Recipients
10
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sandhills Community College Foundation IncGeneral & Unrestricted | Pinehurst, NC | $17K | 2023 |
| Brownson Memorial Presbyterian ChurchGeneral & Unrestricted | Southern Pines, NC | $30K | 2023 |
| Judson Theatre IncGeneral & Unrestricted | Southern Pnes, NC | $25K | 2023 |
| First Health Of The Carolinas Inc - The FoundationHealth care system including cancer center, hospice, and Clara's House | Pinehurst, NC | $10K | 2023 |
| Boys And Girls Club Of The Sandhills IncBuilding Great Futures Campaign | Southern Pines, NC | $7K | 2023 |
| Davidson CollegeGeneral & Unrestricted | Davidson, NC | $5K | 2023 |
| Nc State Engineering Foundation IncGeneral & Unrestricted | Raleigh, NC | $5K | 2023 |
| The Tin Whistles Scholarship FoundationGeneral & Unrestricted | Pinehurst, NC | $500 | 2023 |
| Aopa FoundationGeneral & Unrestricted | Frederick, MD | $250 | 2023 |
| Northern Moore Family Resource Center IncGeneral & Unrestricted | Robbins, NC | $10K | 2021 |