Haywood Advancement Foundation Inc

WAYNESVILLE, NC EIN: 56-1702956

Haywood Advancement Foundation Inc is a private foundation focused on Community Improvement & Capacity Building, based in WAYNESVILLE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 2 grants totaling $234K. Net investment income was $72K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

+4.8% YoY

Annual Giving

$234K

+2891.1% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$117K

+1395.6% YoY

Under IRS private-foundation payout rules, Haywood Advancement Foundation Inc reported a distributable amount of $94K for 2024 — the minimum it must pay out in qualifying distributions.

About Haywood Advancement Foundation Inc

Based on IRS filings

Haywood Advancement Foundation Inc is a private foundation focused on Community Improvement & Capacity Building, based in WAYNESVILLE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 2 grants totaling $234K. Net investment income was $72K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Waynesville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$93K$186K$279K$373K20202021202220232024
Metric202420232022
Total Assets$2,202,936$2,101,331$2,062,250
Revenue$338,743$49,154$8,437
Expenses$237,138$10,073$23,617
Qualifying Distributions$234,057$7,825$10,100
Net Investment Income$71,923$49,154$7,937
Distributable Amount$93,897$87,594$83,639

Giving Over Time

Total grant dollars and number of grants per year

$0$59K$117K$176K$234K1 grants20201 grants20211 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

SMALL BUSINESS RECOVERY …$223KBUY HAYWOOD MARKET DEVEL…$11K

Grant Size Distribution

6 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Small Business Recovery Grant Progr ($223,079), Buy Haywood Market Development Proj ($10,978).

RecipientPurposeAmount
BUY HAYWOOD MARKET DEVELOPMENT PROJ WAYNESVILLE, NCSUPPORT HAYWOOD COUNTY FARMERS$10,978
SMALL BUSINESS RECOVERY GRANT PROGR WAYNESVILLE, NCSUPPORT HURRICANE HELENE RECOVERY$223,079

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID FRANCISMANAGING DIR2
SHELLEY WHITEVICE PRES.2
CECE HIPPSSECRETARY1
JAKE ROBINSONTREASURER1
PATRICK BRADSHAWDIRECTOR1
RUSS HARRISDIRECTOR1
BRYANT MOREHEADDIRECTOR1
CORRINA RUFFIEUXDIRECTOR1
TREVOR PUTNAMDIRECTOR1
JENNIFER BENNETTDIRECTOR1
CHRIS BROWNDIRECTOR1
MATT HAYNESDIRECTOR1
KALEB RATHBONEDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Haywood Advancement Foundation Inc?

Haywood Advancement Foundation Inc is a private foundation focused on Community Improvement & Capacity Building, based in WAYNESVILLE, NC. It holds $2.2M in total assets as of 2024.

How large is Haywood Advancement Foundation Inc?

As of 2024, Haywood Advancement Foundation Inc holds $2.2M in total assets with $339K in annual revenue. It awarded 2 grants totaling $234K in 2024.

Where does Haywood Advancement Foundation Inc operate?

Haywood Advancement Foundation Inc has awarded grants in North Carolina.

What size grants does Haywood Advancement Foundation Inc award?

In 2024, Haywood Advancement Foundation Inc awarded 2 grants totaling $234K — an average of about $117K per grant, based on its IRS Form 990 filings.

How much is Haywood Advancement Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Haywood Advancement Foundation Inc reported a distributable amount of $94K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Haywood Advancement Foundation Inc's EIN?

Haywood Advancement Foundation Inc's EIN (Employer Identification Number) is 56-1702956. 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.

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