Mary Hicks Preston Historical Improvement & Betterment Foundation Inc

Foundation · Grantmaker PHELPS, NY EIN: 20-3986225

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

CanandaiguaClifton SpringsMumfordOaks CornersPhelpsSeneca FallsSyracuseWest Henrietta

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$220K$439K$659K$878K20202021202220232024
Metric202420232022
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

$0$189K$378K$567K$756K14 grants202012 grants202114 grants202216 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PHELPS COMMUNITY CENTER$228KPHELPS BUSINESS DEVELOPM…$76KVILLAGE OF PHELPS$25KTOWN OF PHELPS$24KCLIFTON SPRINGS HOSPITAL…$10KPARTNERSHIP FOR ONTARIO …$9KORLEANS CEMETERY ASSOCIA…$8KMIDLAKES SCHOLARSHIP FUND$7KONTARIO PATHWAYS INC$5KMIDLAKES CHEM FREE$4K

Grant Size Distribution

71 grants across all recorded years

62<$50K3$50–100K4$100–250K1$250–500K1$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
PHELPS COMMUNITY CENTER PHELPS, NYRECREATION &SOCIALIZATION$227,640
PHELPS BUSINESS DEVELOPMENT COUNCIL PHELPS, NYCULTURE & ARTSRECREATIONHISTORICAL PRESERVATION$75,812
CLIFTON SPRINGS ROTARY CHARITIES CLIFTON SPRINGS, NYEDUCATION$2,250
ORLEANS CEMETERY ASSOCIATION CLIFTON SPRINGS, NYHISTORICALPRESERVATION$7,500
MIDLAKES SCHOLARSHIP FUND CLIFTON SPRINGS, NYEDUCATION$7,000
CLIFTON SPRINGS HOSPITAL & CLINIC CLIFTON SPRINGS, NYSOCIALIZATION$10,000
HOUSE OF JOHN CLIFTON SPRINGS, NYSOCIALIZATION$3,750
MIDLAKES CHEM FREE PHELPS, NYRECREATION$3,800
PHELPS ART CENTER PHELPS, NYSOCIALIZATION$1,295
GYPSUM CEMETARY ASSOCIATION CLIFTON SPRINGS, NYHISTORICAL PRESERVATION$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

FRANK MURPHYPRESIDENT$2KJOHN UVEGESDIRECTOR$2KJAMES E CHENEYTREASURER$2KDIANE SHECKLERDIRECTOR$2KALETA WILLIAMSONSECRETARY$1K

From 2024 filing

NameTitleHoursCompensation
FRANK MURPHYPRESIDENT1$1,600
JOHN UVEGESDIRECTOR1$1,600
JAMES E CHENEYTREASURER3$1,600
ALETA WILLIAMSONSECRETARY1$1,250
DIANE SHECKLERDIRECTOR5$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.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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