Funder DirectoryTHE HEDRICK FAMILY FOUNDATION
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Private foundation (trust)EIN 561994087Est. 1996-11

THE HEDRICK FAMILY FOUNDATION

SALISBURY, NC 28145

Total Assets

$661K

FY 2023

Annual Giving

$262K

FY 2023

Grants Made

70

FY 2023

Avg Grant

$4K

FY 2023

Grant Range

$100–$103K

Typical

Deadlines

Applications

Programs & Activities

Program 1

$12K

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.

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$438K

Total Expenses

$274K

Qualifying Distributions

$262K

Distributable Amount

$33K

Min. Investment Return

$33K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

70 grants

Grant sizes from minimum $100 through median $1K to maximum $103K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2023. Peak $262K in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

259 grants

BLACK MOUNTAIN HOME FOR CHILDREN
$224K
4 grants
ASHEVILLE MUSEUM OF SCIENCE
$138K
4 grants
BOYS & GIRLS CLUB OF HENDERSON COUN
$20K
2 grants
BOYS & GIRLS CLUB OF HENDERSON
$20K
2 grants
ASHEVILLE AREA CHAMBER OF COMMERCE
$16K
3 grants
BETHEL CHURCH OF MIDLAND
$14K
4 grants
RIVER LINK
$12K
2 grants
ASHEVILLE BUNCOMBE REGIONAL SPORT
$11K
4 grants

Grant Size Distribution

259 grants

<$10K
250
grants
$10–50K
7
grants
$50–250K
2
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

8 states

North Carolina
$771K
97% of total
South Carolina
$7K
1% of total
Georgia
$6K
1% of total
Florida
$5K
1% of total
West Virginia
$2K
0% of total
Tennessee
$1K
0% of total
Mississippi
$1K
0% of total
Massachusetts
$500
0% of total

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THE HEDRICK FAMILY FOUNDATION — Grants, Financials & Contact | Grantivo