Hummel Hodges Foundation Inc

ASHEVILLE, NC EIN: 56-2254766

Hummel Hodges Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ASHEVILLE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $95K in total assets. In 2024, it awarded 2 grants totaling $57K. Net investment income was $102K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$95K

+89.7% YoY

Annual Giving

$57K

+49.2% YoY

Grant Count

-81.8% YoY

Avg Grant Size

$29K

+720.7% YoY

Under IRS private-foundation payout rules, Hummel Hodges Foundation Inc reported a distributable amount of $44K for 2024 — the minimum it must pay out in qualifying distributions.

About Hummel Hodges Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $183K (90%)

District of Columbia $15K (7%)

Georgia $3K (1%)

Montana $2K (1%)

States

District of Columbia Georgia Montana North Carolina

Cities

AshevilleAtlantaBelmontGastoniaGreensboroMissoulaWashingtonWinston SalemWoodfin

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$95,066	$50,121	$63,702
Revenue	$103,193	$25,462	$38,036
Expenses	$57,905	$39,043	$30,615
Qualifying Distributions	$57,100	$38,268	$29,840
Net Investment Income	$102,388	$24,687	$37,261
Distributable Amount	$44,068	$39,661	$35,861

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

43 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Community Foundation of Western ($55,000), Juvenile Diabetes Research Fdtn ($2,100).

Recipient	Purpose	Amount
JUVENILE DIABETES RESEARCH FDTN GREENSBORO, NC	SUPPORT	$2,100
THE COMMUNITY FOUNDATION OF WESTERN ASHEVILLE, NC	SUPPORT	$55,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
AMELIA HUMMEL HODGES	PRESIDENT, T	—	—
DAVID STEWART HODGES	SECRETARY	—	—
ANNE DAVIS HUMMEL	DIRECTOR	—	—
SAMUEL DRAPER HUMMEL SR	DIRECTOR	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Hummel Hodges Foundation Inc?

Hummel Hodges Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ASHEVILLE, NC. It holds $95K in total assets as of 2024.

How large is Hummel Hodges Foundation Inc?

As of 2024, Hummel Hodges Foundation Inc holds $95K in total assets with $103K in annual revenue. It awarded 2 grants totaling $57K in 2024.

Where does Hummel Hodges Foundation Inc operate?

Hummel Hodges Foundation Inc has awarded grants in District of Columbia, Georgia, Montana, North Carolina.

What size grants does Hummel Hodges Foundation Inc award?

In 2024, Hummel Hodges Foundation Inc awarded 2 grants totaling $57K — an average of about $29K per grant, based on its IRS Form 990 filings.

How much is Hummel Hodges Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hummel Hodges Foundation Inc reported a distributable amount of $44K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.