Huffman-Cornwell Foundation

Foundation · Grantmaker High Point, NC EIN: 56-6065286

The CO TA Huffman-Cornwell Foundation is a private foundation based in Raleigh, North Carolina. Its grant program supports projects benefiting people in Burke County, with stated interests in arts, education, children, the environment, historic preservation, and cultural and physical development.

Key facts about Huffman-Cornwell Foundation

In short: Huffman-Cornwell Foundation gave $154K across 27 grants in 2025 (avg $6K), mostly in North Carolina. 41% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
56-6065286
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$154,400
Grants made (2025)
27
Average grant
$5,719
Median grant
$5,000
New grantees (estimate)
41% first-time grantees (11 of 27, 2025)
Total assets
$3,425,024
Primary geography
North Carolina (88% of itemized 2025 grant dollars)
How to apply
The filing specifies a letter-form application and says there are no deadlines. Full details ↓
Deadline
None.

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.4M

+28.7% YoY

Annual Giving

$154K

+22.4% YoY

Grant Count

27

-6.9% YoY

Avg Grant Size

$6K

+31.4% YoY

Under IRS private-foundation payout rules, Huffman-Cornwell Foundation reported a distributable amount of $149K for 2025 — the minimum it must pay out in qualifying distributions.

Is Huffman-Cornwell Foundation open to new grantees?

41%

first-time grantees, 2025

In 2025, 11 of 27 grantees (41%) were first-time recipients. First grants averaged $5K; repeat grants $7K. How we count

Medians: $4K first-time, $5K repeat.

  • 37% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−10%). Method
  • In 2025 it paid out 104% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s grant program lists arts, education, children, the environment, historic preservation, and cultural and physical development among its areas of interest. It invites not-for-profit organizations whose work aligns with those interests to apply.

Its grantees’ stated missions illustrate the range of work supported. Burke County United Way describes its work as strengthening the community through self-sufficiency, housing stability, and opportunities for youth. Open Hearts Place says it provides homes and purposeful opportunities to help families build life skills and stability. Catawba Riverkeeper Foundation says it advocates for the health, protection, and enjoyment of the Catawba River watershed. Education-related recipients include Appalachian State University Foundation, Catawba Valley Community College Foundation, and Western Carolina University.

Grantmaking

In 2024, the foundation awarded 29 grants totaling $126,180. Grants ranged from $500 to $10,000, with a median of $4,000. The largest awards included $10,000 each to Enhancement Fund at Grace Ridge, Alder Springs, Burke Arts Council, First United Methodist Church of, Burke County United Way, and Good Samaritan Clinic.

Review Cycle

. Scholarships are limited to students of Burke County High School; school standards are available through a guidance letter. Other grant recipients are selected mainly from organizations in Burke County, North Carolina.

Open Grants

1 open opportunity from Huffman-Cornwell Foundation

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Geographic Focus

Where this funder awards grants

The foundation’s grant program focuses on projects benefiting people in Burke County, North Carolina. Its 2024 grant dollars went primarily to North Carolina recipients (85%); the remaining shares went to Arizona (8%), California (4%), Illinois (2%), and Georgia (1%).

Grant Distribution by State

12states

Share of all 27 itemized 2025 grant dollars.

Cities

MorgantonRaleighBellevilleBooneChapel HillCharlotteConnelly SpringsDavidsonDurhamGreensboroWilmingtonAshevilleCullowheeFort SmithHickorySandfordBoiling SpringsGreenvilleJohnson CityMcAdenville

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K31 grants202032 grants202131 grants202228 grants202329 grants202427 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Mimosa Christian Counseling Center: $15KMimosa Christian CounselingCenter$15KHistoric Burke Foundation: $13KHistoric Burke Foundation$13KBurke County United Way: $12KBurke County United Way$12KMeeting Place: $10KMeeting Place$10KGood Samaritan Clinic: $10KGood Samaritan Clinic$10KBurke Arts Council: $10KBurke Arts Council$10KBurke United Christian Ministries: $10KBurke United ChristianMinistries$10KFirst Presbyterian Church: $10KFirst Presbyterian Church$10KFirst United Methodist Church: $10KFirst United Methodist Church$10KNC School for Deaf Foundation: $7KNC School for Deaf Foundation$7K

Grant Size Distribution

147 grants across all recorded years

147<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
MIMOSA CHRISTIAN COUNSELING CENTER Morganton, NCGENERAL PURPOSES$15,000
HISTORIC BURKE FOUNDATION Morganton, NCGENERAL PURPOSES$13,000
BURKE COUNTY UNITED WAY Morganton, NCGENERAL PURPOSES$12,400
MEETING PLACE Morganton, NCGENERAL PURPOSES$10,000
GOOD SAMARITAN CLINIC Port Smith, AZGENERAL PURPOSES$10,000
BURKE ARTS COUNCIL Morganton, NCGENERAL PURPOSES$10,000
BURKE UNITED CHRISTIAN MINISTRIES Morganton, NCGENERAL PURPOSES$10,000
FIRST PRESBYTERIAN CHURCH Morganton, NCGENERAL PURPOSES$10,000
FIRST UNITED METHODIST CHURCH Morganton, NCGENERAL PURPOSES$10,000
NC SCHOOL FOR DEAF FOUNDATION Morganton, NCGENERAL PURPOSES$7,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2024 $2,660,913 $175,990 $153,672 $126,180 29
2023 $2,635,840 -$17,246 $162,330 $135,672 28
2022 $2,812,848 $131,730 $205,628 $170,661 31
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M202020212022202320242025
Metric202520242023
Total Assets$3,425,024$2,660,913$2,635,840
Revenue$952,572$175,990$-17,246
Expenses$188,461$153,672$162,330
Qualifying Distributions$154,400$129,378$140,415
Net Investment Income$926,049$151,513$46,498
Distributable Amount$148,826$151,007$142,527

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 4, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists First Citizens Bank as trustee. Officers and directors listed are Julie M Garner, Mary Lou Hudspeth, Lou N Crouch, Jan N Stephanides, Richard C Avery, Jay Norvell, Thomas Norvell, Mary Louise McCombs, and Tom McCombs. Jay Norvell is listed as secretary, and Mary Louise McCombs as co-chair.

Huffman-Cornwell Foundation's 2025 filing lists 8 officers; 7 of 8 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Pinnacle Bank

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Jan N. Stephanides

    Board Member

    On filings since 2020

    1 hr/week

    $500 (2020) → $974 (2025)

  • Julie M. Garner

    Board Member

    On filings since 2020

    1 hr/week

    $500 (2020) → $4K (2025)

  • Lou B. Crouch

    Board Member

    On filings since 2020

    1 hr/week

    $250 (2021) → $750 (2025)

  • Richard C. Avery

    Board Member

    On filings since 2020

    1 hr/week

    $500 (2021) → $250 (2025)

  • Jay Norvell

    Secretary

    On filings since 2021

    1 hr/week

    $750 (2021) → $750 (2025)

  • Mary Louise McCombs

    Co-Chair

    On filings since 2024

    1 hr/week

    $750 (2025)

  • Brad Norvella

    Board Person

    New on the 2025 filing

    1 hr/week

    $976 (2025)

Former officers (7)
  • Former: Barbara Norvell (2020–2024) — Co-Chair
  • Former: First Citizens Bank (2020–2024) — Trustee
  • Former: Mary Lou Hudspeth (2020–2024) — Board Member
  • Former: Thomas Norvell (2020–2024) — Board Member
  • Former: Jerry Norvell (2024) — Vice Chair
  • Former: Tom McCombs (2024) — Board Member
  • Former: Jerome T. Norvell III (2020) — Board Member

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Julie M Garner — Board Member: $4KJulie M GarnerBoard Member$4KBrad Norvella — Board Person: $976Brad NorvellaBoard Person$976Jan N Stephanides — Board Member: $974Jan N StephanidesBoard Member$974Lou B Crouch — Board Member: $750Lou B CrouchBoard Member$750Jay Norvell — Secretary: $750Jay NorvellSecretary$750Mary Louise McCombs — Co-Chair: $750Mary Louise McCombsCo-Chair$750Richard C Avery — Board Member: $250Richard C AveryBoard Member$250

Contact

Application contact: Mary L Mccombs Jerry Novell
Mailing address: PO Box 1113, Morganton, NC 28653
Phone: (828) 437-5872

Frequently asked questions about Huffman-Cornwell Foundation

How much does Huffman-Cornwell Foundation give each year?

Huffman-Cornwell Foundation gave $154K across 27 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $126K across 29 grants.

What is Huffman-Cornwell Foundation's typical grant size?

Huffman-Cornwell Foundation's median grant in 2025 was $5,000, and its average grant was $5,719, across 27 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Huffman-Cornwell Foundation that year got $5K on average.

Where does Huffman-Cornwell Foundation give grants?

Huffman-Cornwell Foundation gives mostly in North Carolina: 88% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Arizona (6%). The most frequent recipient cities were Morganton, NC (15 grants) and Raleigh, NC (2 grants).

Does Huffman-Cornwell Foundation give general operating support?

Yes: 70% of Huffman-Cornwell Foundation's 2025 grants with a stated purpose (19 of 27) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Education" (8 grants).

Who are Huffman-Cornwell Foundation's largest grantees?

Huffman-Cornwell Foundation's largest 2025 grantees include Mimosa Christian Counseling Center ($15,000), Historic Burke Foundation ($13,000) and Burke County United Way ($12,400), according to its 2025 IRS Form 990-PF. Together they received 26% of its itemized 2025 grant dollars.

How large is Huffman-Cornwell Foundation?

Huffman-Cornwell Foundation reported $3.4M in total assets on its 2025 IRS Form 990-PF. It paid out $154K in qualifying distributions that year, against a required minimum of $149K (roughly 5% of its investment assets).

What does Huffman-Cornwell Foundation fund?

The foundation’s grant program lists arts, education, children, the environment, historic preservation, and cultural and physical development among its areas of interest. It invites not-for-profit organizations whose work aligns with those interests to apply. Its grantees’ stated missions illustrate the range of work supported. Burke County United Way describes its work as strengthening the community through self-sufficiency, housing stability, and opportunities for youth. Open Hearts Place say…

How do I apply for a grant from Huffman-Cornwell Foundation?

The filing specifies a letter-form application and says there are no deadlines. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Huffman-Cornwell Foundation's EIN?

Huffman-Cornwell Foundation's EIN (Employer Identification Number) is 56-6065286. IRS Form 990 filing data is available on this page for 2020–2025.

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

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