Cline Family Foundation

HICKORY, NC EIN: 23-7335353

Cline Family Foundation is a private foundation, based in HICKORY, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $15.5M in total assets. In 2025, it awarded 1 grants totaling $1.3M. Net investment income was $1.1M.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$15.5M

-1.4% YoY

Annual Giving

$1.3M

+5.1% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1.3M

+5.1% YoY

Under IRS private-foundation payout rules, Cline Family Foundation reported a distributable amount of $1.4M for 2025 — the minimum it must pay out in qualifying distributions.

About Cline Family Foundation

Based on IRS filings

Cline Family Foundation is a private foundation, based in HICKORY, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $15.5M in total assets. In 2025, it awarded 1 grants totaling $1.3M. Net investment income was $1.1M.

Ready to take the next step with Cline Family Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

HickoryVarious

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$435K$870K$1M$2M20212022202320242025
Metric202520242023
Total Assets$15,471,161$15,686,124$15,752,740
Revenue$1,366,702$1,422,793$922,554
Expenses$1,581,665$1,489,409$1,458,770
Qualifying Distributions$1,373,433$1,317,450$1,300,877
Net Investment Income$1,064,161$1,250,834$712,665
Distributable Amount$1,405,734$1,320,269$1,271,566

Giving Over Time

Total grant dollars and number of grants per year

$0$331K$663K$994K$1M1 grants20211 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

SEE ATTACHMENT 3$1.3M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include See Attachment 3 ($1,316,036).

RecipientPurposeAmount
SEE ATTACHMENT 3 Hickory, NCGENERAL SUPPORT$1,316,036

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
BRENDA K CLINEPRESIDENTTREASURER3
LAURA C BERRYVICE PRESSECRETARY5
ADAM K CLINEVICE PRESIDENT1.5
LUKE K CLINEVICE PRESIDENT1.5

Frequently Asked Questions

How large is Cline Family Foundation?

As of 2025, Cline Family Foundation holds $15.5M in total assets with $1.4M in annual revenue. It awarded 1 grants totaling $1.3M in 2025.

Where does Cline Family Foundation operate?

Cline Family Foundation has awarded grants in North Carolina.

What size grants does Cline Family Foundation award?

In 2025, Cline Family Foundation awarded 1 grants totaling $1.3M — an average of about $1.3M per grant, based on its IRS Form 990 filings.

How much is Cline Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Cline Family Foundation reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Cline Family Foundation's EIN?

Cline Family Foundation's EIN (Employer Identification Number) is 23-7335353. IRS Form 990 filing data is available on this page for 2021–2025.

Explore Open Grants

Browse active grant opportunities in Cline Family Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Cline Family Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Cline Family Foundation to a real strategy.

Plan your approach