Hh Webb and Nora Midkiff Webb Benevolent Trust
Hh Webb and Nora Midkiff Webb Benevolent Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOUNT AIRY, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 30 grants totaling $100K. Net investment income was $145K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+2.5% YoY
Annual Giving
$100K
-6.4% YoY
Grant Count
30
-3.2% YoY
Avg Grant Size
$3K
-3.2% YoY
Under IRS private-foundation payout rules, Hh Webb and Nora Midkiff Webb Benevolent Trust reported a distributable amount of $105K for 2024 — the minimum it must pay out in qualifying distributions.
About Hh Webb and Nora Midkiff Webb Benevolent Trust
Based on IRS filings
Hh Webb and Nora Midkiff Webb Benevolent Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOUNT AIRY, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 30 grants totaling $100K. Net investment income was $145K.
Focus Areas
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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 | $1,812,745 | $1,767,886 | $1,846,784 |
| Revenue | $159,811 | $47,853 | $-27,970 |
| Expenses | $114,952 | $126,751 | $138,347 |
| Qualifying Distributions | $99,920 | $106,698 | $119,250 |
| Net Investment Income | $144,779 | $71,250 | $64,195 |
| Distributable Amount | $105,078 | $99,052 | $111,175 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
161 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Yokefellow Ministries ($8,000), Surry Medical Ministries ($8,000), Surry Sunrise Rotary Club ($7,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Webb So Carroll Comm Ctr Cana, VA | general operating expense-meals for seniors | $500 |
| University of NCCharlotte Charlotte, NC | scholarships | $6,000 |
| Appalachian State University Boone, NC | scholarship | $4,500 |
| Virginia Commonwealth University Richmond, VA | scholarships | $1,500 |
| Surry Community College Dobson, NC | scholarships | $320 |
| Virginia Polytech State University Blacksburg, VA | scholarships | $3,000 |
| Univ of NCChapel Hill Chapel Hill, NC | scholarships | $3,000 |
| Surry Sunrise Rotary Club Mount Airy, NC | feeding disadvantaged children | $7,000 |
| Yokefellow Ministries Mount Airy, NC | provide food & medicine for disadvantaged | $8,000 |
| Surry Medical Ministries Mount Airy, NC | provide medical care for poor | $8,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jeffrey Boyles | trustee | 1 | $1,000 |
| Martha Morgan | trustee | 1 | $1,000 |
| Anderson Rowe | trustee | 1 | $1,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hh Webb and Nora Midkiff Webb Benevolent Trust?
Hh Webb and Nora Midkiff Webb Benevolent Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOUNT AIRY, NC. It holds $1.8M in total assets as of 2024.
How large is Hh Webb and Nora Midkiff Webb Benevolent Trust?
As of 2024, Hh Webb and Nora Midkiff Webb Benevolent Trust holds $1.8M in total assets with $160K in annual revenue. It awarded 30 grants totaling $100K in 2024.
Where does Hh Webb and Nora Midkiff Webb Benevolent Trust operate?
Hh Webb and Nora Midkiff Webb Benevolent Trust has awarded grants in North Carolina, New York, Utah, Virginia.
What size grants does Hh Webb and Nora Midkiff Webb Benevolent Trust award?
In 2024, Hh Webb and Nora Midkiff Webb Benevolent Trust awarded 30 grants totaling $100K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Hh Webb and Nora Midkiff Webb Benevolent Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hh Webb and Nora Midkiff Webb Benevolent Trust reported a distributable amount of $105K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hh Webb and Nora Midkiff Webb Benevolent Trust's EIN?
Hh Webb and Nora Midkiff Webb Benevolent Trust's EIN (Employer Identification Number) is 56-6467466. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hh Webb and Nora Midkiff Webb Benevolent Trust'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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