Drendel Family Foundation
Drendel Family Foundation is a private foundation, based in Hickory, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $271K in total assets. In 2024, it awarded 3 grants totaling $7K. Net investment income was $12K.
Drendel Family Foundation at a glance
In short: Drendel Family Foundation gave $7K across 3 grants in 2024 (avg $2K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $7,000
- Grants made (2024)
- 3
- Average grant
- $2,333
- Median grant
- $1,000
- Total assets
- $271,070
- -0.2% vs 2023
- Primary geography
- North Carolina (71% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Drendel Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Lowes Home Improvement ($5K). Together the top 3 received $7K.
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 17 grants of 17 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How Drendel Family Foundation gives
- In 2024 it paid out 40% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $7K (2024) to $46K (2022). In 2024 it made 3 grants totaling $7K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lowes Home Improvement Hickory, NC | For Operations at Recipient's Discretion. | $5,000 |
| A Badge of Honor Inc Rockwall, TX | For Operations at Recipient's Discretion. | $1,000 |
| Daily Bread Inc Melbourne, FL | For Operations at Recipient's Discretion. | $1,000 |
Ready to take the next step with Drendel Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $271,070 | $20,664 | $21,205 | $7,000 | 3 | $7,000 | $11,757 | $17,575 |
| 2023 | $271,611 | $26,902 | $4,807 | — | — | — | $23,862 | $14,633 |
| 2022 | $249,516 | $14,718 | $60,135 | $45,500 | 13 | $45,500 | $11,244 | $16,627 |
| 2021 | $294,933 | $16,814 | $3,662 | — | — | — | $13,248 | $17,732 |
| 2020 | $281,781 | $9,799 | $12,925 | $10,000 | 1 | — | $6,933 | $14,382 |
Under IRS private-foundation payout rules, Drendel Family Foundation reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Drendel Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Frank M. Drendel
Officer
On filings since 2020
0.5 hrs/week
No compensation reported
Sandra Walters
Officer
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Drendel Family Foundation
How much does Drendel Family Foundation give each year?
Drendel Family Foundation gave $7K across 3 grants in 2024, according to its 2024 IRS Form 990-PF.
What is Drendel Family Foundation's typical grant size?
Drendel Family Foundation's median grant in 2024 was $1,000, and its average grant was $2,333, across 3 grants on its 2024 IRS Form 990-PF.
Where does Drendel Family Foundation give grants?
Drendel Family Foundation gives mostly in North Carolina: 71% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Texas (14%) and Florida (14%).
Does Drendel Family Foundation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Drendel Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "For Operations at Recipient's Discretion." (3 grants).
How large is Drendel Family Foundation?
Drendel Family Foundation reported $271K in total assets on its 2024 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $18K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Drendel Family Foundation's EIN?
Drendel Family Foundation's EIN (Employer Identification Number) is 27-4243694. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Drendel Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Drendel Family Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in North Carolina
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Pledgeling Foundation
San Francisco, CA
Pledgeling Foundation regrants donor-directed contributions to a wide range of eligible U.S. public charities and vetted international charities, with no stated issue-area focus. Its 2024 grants had a median of $12,301 and ranged from $5,001 to $1.6 million; funding goes worldwide, with the largest share in California. It processes grants based on donor recommendations, and the profile does not state whether it accepts unsolicited requests.
Assets
$13.3M
Grants
918
Total Given
$31.6M
Lamb Foundation
City of Industry, CA
The foundation supports creative programs intended to improve quality of life, with grants spanning health, social services, and other charitable work. In 2024, grants ranged from $100 to $125,000, with a median of $1,500; most funding went to New York recipients, with smaller amounts in several other states. It gives only to preselected organizations and does not accept unsolicited funding requests.
Assets
$4.4M
Grants
29
Total Given
$281K
Gannett Foundation Inc
New York, NY
Gannett Foundation’s 2025 grants supported a range of organizations, with listed awards generally between $1,500 and $2,500, though the available figures do not establish a typical grant size or geographic focus. The foundation has wound down: its 2026 filing reports no grants or assets, and no current application process or acceptance of unsolicited requests is stated.
Assets
—
Grants
32
Total Given
$65K
Silicon Valley Community Foundation
Mountain View, CA
Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
State Employees Credit Union Foundation
Raleigh, NC
The foundation funds capital projects, regional or statewide programs, and organizational capacity building that strengthen North Carolina communities; it favors projects with broad or replicable impact and does not fund operating budgets or shortfalls. Its 2025 grants ranged from $1,250 to $1 million, with a median of $2,500. Applications are accepted at any time and typically reviewed semiannually.
Assets
$61.0M
Grants
1,806
Total Given
$17.4M
More similar funders
More Funders in North Carolina
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Drendel Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Drendel Family Foundation down — hundreds of funders to go?