Jack and Carolyn Ferguson Charitable Foundation

CANDLER, NC EIN: 20-0450986

Jack and Carolyn Ferguson Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CANDLER, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 7 grants totaling $143K. Net investment income was $52K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.3M

-7.7% YoY

Annual Giving

$143K

+14.0% YoY

Grant Count

7

+40.0% YoY

Avg Grant Size

$20K

-18.6% YoY

Under IRS private-foundation payout rules, Jack and Carolyn Ferguson Charitable Foundation reported a distributable amount of $149K for 2024 — the minimum it must pay out in qualifying distributions.

About Jack and Carolyn Ferguson Charitable Foundation

Based on IRS filings

Jack and Carolyn Ferguson Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CANDLER, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 7 grants totaling $143K. Net investment income was $52K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

AshevilleCandlerClydeEnkaMemphisThomasvilleWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$106K$213K$319K$426K20202021202220232024
Metric202420232022
Total Assets$4,342,979$4,704,168$5,026,299
Revenue$98,103$65,183$387,038
Expenses$374,804$369,008$373,182
Qualifying Distributions$342,602$330,108$343,938
Net Investment Income$52,105$29,283$124,480
Distributable Amount$148,652$136,514$134,626

Giving Over Time

Total grant dollars and number of grants per year

$0$40K$80K$120K$160K6 grants20205 grants20217 grants20225 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

ABCCM Hominy Valley$72KHominy Baptist Church$40KSt Judes Children's Rese…$10KEnka High Boosters Club$6KBaptist Children's Homes…$5KSpecial Olympics$5KWNC Bridge Foundation$5K

Grant Size Distribution

30 grants across all recorded years

25<$50K5$50–100K$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 ABCCM Hominy Valley ($72,000), Hominy Baptist Church ($40,000), St Judes Children's Research Hospital ($10,000).

RecipientPurposeAmount
ABCCM Hominy Valley Candler, NCGeneral Donation$72,000
Baptist Children's Homes of NC Clyde, NCGeneral Donation$5,000
Enka High Boosters Club Enka, NCGeneral Donation$5,594
Hominy Baptist Church Candler, NCGeneral Donation$40,000
Special Olympics Asheville, NCGeneral Donation$5,000
St Judes Children's Research Hospital Memphis, TNGeneral Donation$10,000
WNC Bridge Foundation Asheville, NCGeneral Donation$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Jack and Carolyn Ferguson Charitable Foundation?

Jack and Carolyn Ferguson Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CANDLER, NC. It holds $4.3M in total assets as of 2024.

How large is Jack and Carolyn Ferguson Charitable Foundation?

As of 2024, Jack and Carolyn Ferguson Charitable Foundation holds $4.3M in total assets with $98K in annual revenue. It awarded 7 grants totaling $143K in 2024.

Where does Jack and Carolyn Ferguson Charitable Foundation operate?

Jack and Carolyn Ferguson Charitable Foundation has awarded grants in District of Columbia, North Carolina, Tennessee.

What size grants does Jack and Carolyn Ferguson Charitable Foundation award?

In 2024, Jack and Carolyn Ferguson Charitable Foundation awarded 7 grants totaling $143K — an average of about $20K per grant, based on its IRS Form 990 filings.

How much is Jack and Carolyn Ferguson Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jack and Carolyn Ferguson Charitable Foundation reported a distributable amount of $149K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Jack and Carolyn Ferguson Charitable Foundation's EIN?

Jack and Carolyn Ferguson Charitable Foundation's EIN (Employer Identification Number) is 20-0450986. 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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