Frank & Betty Hedrick Foundation
Frank & Betty Hedrick Foundation is a private foundation, based in WICHITA, KS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $561K in total assets. In 2024, it awarded 4 grants totaling $35K. Net investment income was $26K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$561K
-19.5% YoY
Annual Giving
$35K
+9.4% YoY
Grant Count
4
-20.0% YoY
Avg Grant Size
$9K
+36.7% YoY
Under IRS private-foundation payout rules, Frank & Betty Hedrick Foundation reported a distributable amount of $27K for 2024 — the minimum it must pay out in qualifying distributions.
About Frank & Betty Hedrick Foundation
Based on IRS filings
Frank & Betty Hedrick Foundation is a private foundation, based in WICHITA, KS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $561K in total assets. In 2024, it awarded 4 grants totaling $35K. Net investment income was $26K.
Ready to take the next step with Frank & Betty Hedrick Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $561,092 | $696,872 | $748,501 |
| Revenue | $27,320 | $-4,193 | $28,072 |
| Expenses | $55,787 | $53,197 | $58,124 |
| Qualifying Distributions | $36,577 | $33,015 | $38,710 |
| Net Investment Income | $25,708 | $23,569 | $26,906 |
| Distributable Amount | $27,277 | $28,091 | $27,911 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Tunnel to Towers Foundation ($25,000), American Red Cross ($5,000), St Jude Children's Research Hospita ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN RED CROSS BOONE, IA | FOR USE IN OPERATIONS | $5,000 |
| TUNNEL TO TOWERS FOUNDATION STATEN ISLAND, NY | FOR USE IN OPERATIONS | $25,000 |
| WOMEN OF WICHITA WICHITA, KS | FOR USE IN OPERATIONS | $1,000 |
| ST JUDE CHILDREN'S RESEARCH HOSPITA MEMPHIS, TN | FOR USE IN OPERATIONS | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MYRNA CLAYTON | VICE PRESIDE | — | $9,000 |
| ANGIE CLAYTON-BROWN | SECRETARY-DI | — | — |
| FRED CLAYTON | PRESIDENT | — | $9,000 |
Frequently Asked Questions
How large is Frank & Betty Hedrick Foundation?
As of 2024, Frank & Betty Hedrick Foundation holds $561K in total assets with $27K in annual revenue. It awarded 4 grants totaling $35K in 2024.
Where does Frank & Betty Hedrick Foundation operate?
Frank & Betty Hedrick Foundation has awarded grants in Iowa, Kansas, New York, Tennessee.
What size grants does Frank & Betty Hedrick Foundation award?
In 2024, Frank & Betty Hedrick Foundation awarded 4 grants totaling $35K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Frank & Betty Hedrick Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Frank & Betty Hedrick Foundation reported a distributable amount of $27K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frank & Betty Hedrick Foundation's EIN?
Frank & Betty Hedrick Foundation's EIN (Employer Identification Number) is 48-6130776. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Frank & Betty Hedrick 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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