Farley-hudson Foundation Inc
Farley-hudson Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SNEADS FERRY, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $592K in total assets. In 2024, it awarded 2 grants totaling $29K. Net investment income was $48K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$592K
+1.4% YoY
Annual Giving
$29K
-3.9% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$14K
-52.0% YoY
Under IRS private-foundation payout rules, Farley-hudson Foundation Inc reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.
About Farley-hudson Foundation Inc
Based on IRS filings
Farley-hudson Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SNEADS FERRY, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $592K in total assets. In 2024, it awarded 2 grants totaling $29K. Net investment income was $48K.
Focus Areas
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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 | $591,791 | $583,724 | $610,310 |
| Revenue | $48,233 | $9,833 | $7,782 |
| Expenses | $37,896 | $43,522 | $40,678 |
| Qualifying Distributions | $28,553 | $29,722 | $31,463 |
| Net Investment Income | $48,013 | $11,521 | $14,487 |
| Distributable Amount | $30,185 | $28,553 | $29,722 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Wake Forest University Medical Center ($24,053), Deena L Woods Memorial Teaching Scholarship ($4,500).
| Recipient | Purpose | Amount |
|---|---|---|
| WAKE FOREST UNIVERSITY MEDICAL CENTER WINSTONFALEM, NC | FOR CANCER AND HYPERTENSION RESEARCH | $24,053 |
| DEENA L WOODS MEMORIAL TEACHING SCHOLARSHIP SNEADS FERRY, NC | FOR ASSISTANCE IN COLLEGE EXPENSES TO BECOME A TEACHER | $4,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FREDERICK S DOWELL | PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Farley-hudson Foundation Inc?
Farley-hudson Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SNEADS FERRY, NC. It holds $592K in total assets as of 2024.
How large is Farley-hudson Foundation Inc?
As of 2024, Farley-hudson Foundation Inc holds $592K in total assets with $48K in annual revenue. It awarded 2 grants totaling $29K in 2024.
Where does Farley-hudson Foundation Inc operate?
Farley-hudson Foundation Inc has awarded grants in North Carolina.
What size grants does Farley-hudson Foundation Inc award?
In 2024, Farley-hudson Foundation Inc awarded 2 grants totaling $29K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Farley-hudson Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Farley-hudson Foundation Inc reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Farley-hudson Foundation Inc's EIN?
Farley-hudson Foundation Inc's EIN (Employer Identification Number) is 56-2271176. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.