Hambrick Family Foundation Inc
Hambrick Family Foundation Inc is a private foundation, based in HICKORY, NC. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grants totaling $456K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$456K
+2276.0% YoY
Grant Count
1
-95.8% YoY
Avg Grant Size
$456K
+56924.9% YoY
Under IRS private-foundation payout rules, Hambrick Family Foundation Inc reported a distributable amount of $7K for 2023 — the minimum it must pay out in qualifying distributions.
About Hambrick Family Foundation Inc
Based on IRS filings
Hambrick Family Foundation Inc is a private foundation, based in HICKORY, NC. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grants totaling $456K.
Ready to take the next step with Hambrick Family Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $318,256 | $305,063 |
| Revenue | $8,933 | $39,201 | $26,485 |
| Expenses | $468,046 | $26,197 | $21,631 |
| Qualifying Distributions | $458,380 | $23,035 | — |
| Net Investment Income | — | $36,560 | $23,891 |
| Distributable Amount | $7,246 | $24,306 | $24,897 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2023
Grant Size Distribution
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Schwab Charitable Fund ($456,199).
| Recipient | Purpose | Amount |
|---|---|---|
| SCHWAB CHARITABLE FUND ORLANDO, FL | ALL DONATIONS ARE PHILANTHROPIC | $456,199 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT T HAMBRICK III | DIRECTOR | 0.5 | — |
| MARGARET H GLAZE | TREASURER | 0.5 | — |
| GAITHER HAMBRICK | SECRETARY | 0.5 | — |
| BESS FULLER | PRESIDENT | 0.5 | — |
| JACK HAMBRICK | DIRECTOR | 0.5 | — |
Frequently Asked Questions
Where does Hambrick Family Foundation Inc operate?
Hambrick Family Foundation Inc has awarded grants in Florida, North Carolina.
What size grants does Hambrick Family Foundation Inc award?
In 2023, Hambrick Family Foundation Inc awarded 1 grants totaling $456K — an average of about $456K per grant, based on its IRS Form 990 filings.
How much is Hambrick Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Hambrick Family Foundation Inc reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hambrick Family Foundation Inc's EIN?
Hambrick Family Foundation Inc's EIN (Employer Identification Number) is 56-0670674. IRS Form 990 filing data is available on this page for 2020–2023.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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