Mary Hicks Preston Historical Improvement & Betterment Foundation Inc
Mary Hicks Preston Historical Improvement & Betterment Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHELPS, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.2M in total assets. In 2024, it awarded 15 grants totaling $403K. Net investment income was $343K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.2M
-1.4% YoY
Annual Giving
$403K
+31.1% YoY
Grant Count
15
-6.3% YoY
Avg Grant Size
$27K
+39.8% YoY
Under IRS private-foundation payout rules, Mary Hicks Preston Historical Improvement & Betterment Foundation Inc reported a distributable amount of $397K for 2024 — the minimum it must pay out in qualifying distributions.
About Mary Hicks Preston Historical Improvement & Betterment Foundation Inc
Based on IRS filings
Mary Hicks Preston Historical Improvement & Betterment Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHELPS, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.2M in total assets. In 2024, it awarded 15 grants totaling $403K. Net investment income was $343K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,151,004 | $6,239,236 | $6,267,034 |
| Revenue | $385,946 | $357,443 | $223,700 |
| Expenses | $402,847 | $355,241 | $375,820 |
| Qualifying Distributions | $429,899 | $314,556 | $330,291 |
| Net Investment Income | $343,252 | $321,758 | $179,848 |
| Distributable Amount | $397,210 | $361,395 | $369,817 |
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
71 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Phelps Community Center ($227,640), Phelps Business Development Council ($75,812), Village of Phelps ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PHELPS COMMUNITY CENTER PHELPS, NY | RECREATION &SOCIALIZATION | $227,640 |
| PHELPS BUSINESS DEVELOPMENT COUNCIL PHELPS, NY | CULTURE & ARTSRECREATIONHISTORICAL PRESERVATION | $75,812 |
| CLIFTON SPRINGS ROTARY CHARITIES CLIFTON SPRINGS, NY | EDUCATION | $2,250 |
| ORLEANS CEMETERY ASSOCIATION CLIFTON SPRINGS, NY | HISTORICALPRESERVATION | $7,500 |
| MIDLAKES SCHOLARSHIP FUND CLIFTON SPRINGS, NY | EDUCATION | $7,000 |
| CLIFTON SPRINGS HOSPITAL & CLINIC CLIFTON SPRINGS, NY | SOCIALIZATION | $10,000 |
| HOUSE OF JOHN CLIFTON SPRINGS, NY | SOCIALIZATION | $3,750 |
| MIDLAKES CHEM FREE PHELPS, NY | RECREATION | $3,800 |
| PHELPS ART CENTER PHELPS, NY | SOCIALIZATION | $1,295 |
| GYPSUM CEMETARY ASSOCIATION CLIFTON SPRINGS, NY | HISTORICAL PRESERVATION | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANK MURPHY | PRESIDENT | 1 | $1,600 |
| JOHN UVEGES | DIRECTOR | 1 | $1,600 |
| JAMES E CHENEY | TREASURER | 3 | $1,600 |
| ALETA WILLIAMSON | SECRETARY | 1 | $1,250 |
| DIANE SHECKLER | DIRECTOR | 5 | $1,600 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mary Hicks Preston Historical Improvement & Betterment Foundation Inc?
Mary Hicks Preston Historical Improvement & Betterment Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHELPS, NY. It holds $6.2M in total assets as of 2024.
How large is Mary Hicks Preston Historical Improvement & Betterment Foundation Inc?
As of 2024, Mary Hicks Preston Historical Improvement & Betterment Foundation Inc holds $6.2M in total assets with $386K in annual revenue. It awarded 15 grants totaling $403K in 2024.
Where does Mary Hicks Preston Historical Improvement & Betterment Foundation Inc operate?
Mary Hicks Preston Historical Improvement & Betterment Foundation Inc has awarded grants in New York.
What size grants does Mary Hicks Preston Historical Improvement & Betterment Foundation Inc award?
In 2024, Mary Hicks Preston Historical Improvement & Betterment Foundation Inc awarded 15 grants totaling $403K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is Mary Hicks Preston Historical Improvement & Betterment Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mary Hicks Preston Historical Improvement & Betterment Foundation Inc reported a distributable amount of $397K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mary Hicks Preston Historical Improvement & Betterment Foundation Inc's EIN?
Mary Hicks Preston Historical Improvement & Betterment Foundation Inc's EIN (Employer Identification Number) is 20-3986225. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mary Hicks Preston Historical Improvement & Betterment Foundation Inc'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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