Maxwell M Corpening Jr Memorial

MARION, NC EIN: 56-1749857

TO PROVIDE A RECREATION FACILITY FOR MCDOWELL COUNTY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.5M

-1.9% YoY

Annual Giving

$79K

-24.8% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$39K

-24.8% YoY

About Maxwell M Corpening Jr Memorial

Based on IRS filings

Maxwell M Corpening Jr Memorial is a nonprofit organization focused on Recreation & Sports, based in MARION, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.5M in total assets. In 2024, it awarded 2 grants totaling $79K. Net investment income was $83K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Asheville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$166K$331K$497K$662K20202021202220232024
Metric202420232022
Total Assets$6,516,516$6,644,688$6,605,675
Revenue$546,252$602,147$600,207
Expenses$347,675$389,292$390,265
Qualifying Distributions
Net Investment Income$83,359$111,194$39,218
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$55K$110K$165K$220K2 grants20202 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

YMCA OF WESTERN NORTH CA…$78KYMCA OF WESTERN NORTH CA…$683

Grant Size Distribution

10 grants across all recorded years

5<$50K1$50–100K4$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 Ymca of Western North Carolina ($78,000), Ymca of Western North Carolina ($683).

RecipientPurposeAmount
YMCA OF WESTERN NORTH CAROLINA ASHEVILLE, NCCONTRIBUTIONS TO BE USED AS SUBSIDY FOR YMCA PROGRAM SERVICES.$78,000
YMCA OF WESTERN NORTH CAROLINA ASHEVILLE, NCSCHOLARSHIPS FOR SENIOR CITIZENS$683

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

PAUL VESTDIRECTOR$308K

From 2024 filing

NameTitleHoursCompensation
EUGENE HOLLANDDIRECTOR0.3
DAVID WOOTENSECRETARY/TREASURER0.3
CHUCK ABERNATHYASS'T SECRETARY/TREASURER0.3
PAUL VESTDIRECTOR0.3$308,421
GRAYSON ENGLANDDIRECTOR0.3
WEYLAND PREBORDIRECTOR0.3
STEVE MCMAHANPRESIDENT1
FRANK DEANVICE PRESIDENT0.3
RAY MCKESSONDIRECTOR0.3
CAROL WOLFENBARGERDIRECTOR0.3
DARREN WAUGHDIRECTOR0.3
HILL EVANSDIRECTOR0.3
RICKY BUCHANANDIRECTOR0.3
RAY BUCHANANDIRECTOR0.3
ROB WARRENDIRECTOR0.3
RHONDA SILVERDIRECTOR0.3
KATHY ATKINSONDIRECTOR0.3
KIM EFFLERDIRECTOR0.3

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Maxwell M Corpening Jr Memorial?

Maxwell M Corpening Jr Memorial is a nonprofit organization focused on Recreation & Sports, based in MARION, NC. It holds $6.5M in total assets as of 2024.

How large is Maxwell M Corpening Jr Memorial?

As of 2024, Maxwell M Corpening Jr Memorial holds $6.5M in total assets with $546K in annual revenue. It awarded 2 grants totaling $79K in 2024.

Where does Maxwell M Corpening Jr Memorial operate?

Maxwell M Corpening Jr Memorial has awarded grants in North Carolina.

What size grants does Maxwell M Corpening Jr Memorial award?

In 2024, Maxwell M Corpening Jr Memorial awarded 2 grants totaling $79K — an average of about $39K per grant, based on its IRS Form 990 filings.

What is Maxwell M Corpening Jr Memorial's EIN?

Maxwell M Corpening Jr Memorial's EIN (Employer Identification Number) is 56-1749857. 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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