Dhg Foundation Inc

CHARLOTTE, NC EIN: 54-1847474

Dhg Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2022. In 2022, it awarded 13 grants totaling $662K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$662K

+47.6% YoY

Grant Count

13

-48.0% YoY

Avg Grant Size

$51K

+183.8% YoY

Under IRS private-foundation payout rules, Dhg Foundation Inc reported a distributable amount of $252 for 2022 — the minimum it must pay out in qualifying distributions.

About Dhg Foundation Inc

Based on IRS filings

Dhg Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2022. In 2022, it awarded 13 grants totaling $662K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

AshevilleAthensAuburnBooneChapel HillCharlestonCharlotteClemsonColumbiaCullowheeFairfaxGreenbeltGreensboroKnoxvilleMississippi StateMontvaleNorfolkOxfordRaleighSpringfield

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$182K$364K$547K$729K202020212022
Metric202220212020
Total Assets$122,972$54,334
Revenue$539,698$517,980$287,555
Expenses$662,670$449,342$375,434
Qualifying Distributions$661,823
Net Investment Income
Distributable Amount$252$6,102$6,830

Giving Over Time

Total grant dollars and number of grants per year

$0$165K$331K$496K$662K15 grants202025 grants202113 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2022

FORVIS FOUNDATION$273KWCU FOUNDATION$114KNATIONAL ASSOCIATION OF …$108KUNIVERSITY OF SOUTH CARO…$35KNORTH CAROLINA STATE UNI…$35KUNC GREENSBORO$33KNORTH CAROLINA AGRICULTU…$20KCLEMSON UNIVERSITY$15KUNVIERSITY OF MISSISSIPPI$15KWAKE FOREST UNIVERSITY$10K

Grant Size Distribution

53 grants across all recorded years

49<$50K$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Forvis Foundation ($272,925), Wcu Foundation ($113,800), National Association of Black Accountants Inc ($107,598).

RecipientPurposeAmount
UNC GREENSBORO GREENSBORO, NCEDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS$33,000
UNIVERSITY OF SOUTH CAROLINA COLUMBIA, SCEDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS$35,000
WAKE FOREST UNIVERSITY WINSTONSALEM, NCEDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS$10,000
CLEMSON UNIVERSITY CLEMSON, SCEDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS$15,000
WCU FOUNDATION CULLOWHEE, NCEDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS$113,800
UNC AT CHARLOTTE INC CHARLOTTE, NCEDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS$2,500
AUBURN UNIVERSITY AUBURN, ALEDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS$1,000
NORTH CAROLINA AGRICULTURAL AND TECHNOLOGY STATE UNIVERSITY GREENSBORO, NCEDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS$20,000
NORTH CAROLINA STATE UNIVERSITY RALEIGH, NCEDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS$35,000
UNIVERSITY OF ALABAMA TUSCALOOSA, ALEDUCATION - TO SUPPORT ACCOUNTING PROGRAMS AND BUSINESS SCHOOLS$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
PAT SHULERPRESIDENT0.1
FRANK GRAHAMSECRETARY-TREASURER0.1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Dhg Foundation Inc?

Dhg Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. It holds — in total assets as of 2022.

Where does Dhg Foundation Inc operate?

Dhg Foundation Inc has awarded grants in Alabama, Georgia, Maryland, Missouri, Mississippi, North Carolina, New Jersey, South Carolina, Tennessee, Virginia.

What size grants does Dhg Foundation Inc award?

In 2022, Dhg Foundation Inc awarded 13 grants totaling $662K — an average of about $51K per grant, based on its IRS Form 990 filings.

How much is Dhg Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Dhg Foundation Inc reported a distributable amount of $252 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Dhg Foundation Inc's EIN?

Dhg Foundation Inc's EIN (Employer Identification Number) is 54-1847474. IRS Form 990 filing data is available on this page for 2020–2022.

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

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