Hambrick Family Foundation Inc

Private foundation · Grantmaker Hickory, NC EIN: 56-0670674

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 grant totaling $456K.

Key facts about Hambrick Family Foundation Inc

In short: Hambrick Family Foundation Inc gave $456K across 1 grant in 2023 (avg $456K), mostly in Florida. Source: 2023 IRS Form 990-PF.

EIN
56-0670674
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$456,199
Grants made (2023)
1
Average grant
$456,199
Median grant
$456,199
Primary geography
Florida (100% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

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.

How Hambrick Family Foundation Inc gives

  • Giving grew 4245% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 1 itemized 2023 grant dollars.

Cities

HickoryConoverNewtonRoxboroBarium SpringsCharlotteOrlando

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K18 grants202022 grants202124 grants20221 grants2023

From 2020 to 2023, annual grant giving ranged from $11K (2020) to $456K (2023). In 2023 it made 1 grant totaling $456K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2023

Schwab Charitable Fund: $456KSchwab Charitable Fund$456K

The largest 2023 recipient was Schwab Charitable Fund ($456K).

Grant Size Distribution

65 grants across all recorded years

64<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 64 grants of 65 (98%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Schwab Charitable Fund Orlando, FLAll Donations Are Philanthropic$456,199

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020202120222023
Metric202320222021
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

Hambrick Family Foundation Inc is led by Bess Fuller, President on every filing since 2020; none of the 5 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Bess Fuller

    President

    On filings since 2020

    0.5 hrs/week

    $200 (2020) → $0 (2023)

  • Jack Hambrick

    Director

    On filings since 2020

    0.5 hrs/week

    $200 (2020) → $0 (2023)

  • Robert T. Hambrick III

    Director

    On filings since 2020

    0.5 hrs/week

    $200 (2022) → $0 (2023)

  • Gaither Hambrick

    Secretary

    On filings since 2020

    0.5 hrs/week

    $200 (2020) → $0 (2023)

  • Margaret H. Glaze

    Treasurer

    On filings since 2020

    0.5 hrs/week

    $200 (2020) → $0 (2023)

Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2022 IRS filing

Robert T Hambrick III — Director: $200Robert T Hambrick IIIDirector$200Margaret H Glaze — Treasurer: $200Margaret H GlazeTreasurer$200Gaither Hambrick — Secretary: $200Gaither HambrickSecretary$200Bess Fuller — President: $200Bess FullerPresident$200Jack Hambrick — Director: $200Jack HambrickDirector$200

The highest reported compensation on the 2022 filing was $200, to Robert T Hambrick III (Director). 5 officers or directors reported compensation on that filing.

Frequently asked questions about Hambrick Family Foundation Inc

How much does Hambrick Family Foundation Inc give each year?

Hambrick Family Foundation Inc gave $456K across 1 grant in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $19K across 24 grants.

Where does Hambrick Family Foundation Inc operate?

Hambrick Family Foundation Inc has awarded grants in Florida, North Carolina.

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.

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

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