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W C And Stella B Hennessee Foundation Inc. is a private corporation based in CULLOWHEE, NC. The foundation received its IRS ruling in 1987. The principal officer is Wachovia Bank Na. It holds total assets of $607K. Annual income is reported at $23K. Total assets have grown from $508K in 2011 to $660K in 2022. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in North Carolina. According to available records, W C And Stella B Hennessee Foundation Inc. has made 11 grants totaling $70K, with a median grant of $5K. Annual giving has grown from $20K in 2021 to $50K in 2022. Individual grants have ranged from $5K to $10K, with an average award of $6K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$6K
Largest Grant
$10K
Based on 4 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.
W C And Stella B Hennessee Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in NC.
W C And Stella B Hennessee Foundation Inc. has distributed a total of $70K across 11 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $5K to $10K.
W C And Stella B Hennessee Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
W C And Stella B Hennessee Foundation Inc. is headquartered in CULLOWHEE, NC.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jack M Hennessee Jr | PRESIDENT | $0 | $0 | N/A |
Total Giving
$13K
Total Assets
$660K
Fair Market Value
$660K
Net Worth
$660K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$31K
Total Grants
11
Total Giving
$70K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
5
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Community TableCHARITABLE PURPOSE | Dillsboro, NC | $10K | 2022 |
| Ochre Hill Baptist ChurchCHARITABLE PURPOSE | Sylva, NC | $5K | 2022 |
| Circles Of Jackson County IncCHARITABLE PURPOSE | Sylva, NC | $5K | 2022 |
| United Christian Ministries Of Jackson CountyCHARITABLE PURPOSE | Sylva, NC | $5K | 2022 |
| Appalachian Women'S MuseumCHARITABLE PURPOSE | Dillsboro, NC | $5K | 2021 |