Alex Hemby Foundation
Alex Hemby Foundation is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 6 grants totaling $196K. Net investment income was $139K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.9M
-0.9% YoY
Annual Giving
$196K
+0.3% YoY
Grant Count
6
+20.0% YoY
Avg Grant Size
$33K
-16.5% YoY
Under IRS private-foundation payout rules, Alex Hemby Foundation reported a distributable amount of $202K for 2024 — the minimum it must pay out in qualifying distributions.
About Alex Hemby Foundation
Based on IRS filings
Alex Hemby Foundation is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 6 grants totaling $196K. Net investment income was $139K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,859,041 | $3,894,693 | $4,025,980 |
| Revenue | $194,148 | $103,590 | $662,698 |
| Expenses | $229,800 | $226,019 | $221,443 |
| Qualifying Distributions | $196,000 | $195,500 | $196,000 |
| Net Investment Income | $139,345 | $105,370 | $637,255 |
| Distributable Amount | $202,389 | $194,282 | $202,340 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Atrium Healthcare Foundation ($150,000), Myers Park Presbyterian Church ($40,000), Thompson Child & Family Focus ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ATRIUM HEALTHCARE FOUNDATION CHARLOTTE, NC | CHARITABLE DONATION | $150,000 |
| THOMPSON CHILD & FAMILY FOCUS MATTHEWS, NC | CHARITABLE DONATION | $2,500 |
| MYERS PARK PRESBYTERIAN CHURCH CHARLOTTE, NC | CHARITABLE DONATION | $40,000 |
| SECOND HARVEST FOOD BANK CHARLOTTE, NC | CHARITABLE DONATION | $2,500 |
| BEDS FOR KIDS CHARLOTTE, NC | CHARITABLE DONATION | $500 |
| MITEY RIDERS WAXHAW, NC | CHARITABLE DONATION | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SANDY D BURNETT | TRUSTEE | — | — |
| M BEVERLY HEMBY | TRUSTEE | — | — |
| ALEXA H AMICK | TRUSTEE | — | — |
Frequently Asked Questions
How large is Alex Hemby Foundation?
As of 2024, Alex Hemby Foundation holds $3.9M in total assets with $194K in annual revenue. It awarded 6 grants totaling $196K in 2024.
Where does Alex Hemby Foundation operate?
Alex Hemby Foundation has awarded grants in North Carolina.
What size grants does Alex Hemby Foundation award?
In 2024, Alex Hemby Foundation awarded 6 grants totaling $196K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is Alex Hemby Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Alex Hemby Foundation reported a distributable amount of $202K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Alex Hemby Foundation's EIN?
Alex Hemby Foundation's EIN (Employer Identification Number) is 56-6046767. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Alex Hemby Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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