Mayfield Memorial Community Development Corporation

CHARLOTTE, NC EIN: 81-2530967

Mayfield Memorial Community Development Corporation is a private foundation focused on Community Improvement & Capacity Building, based in CHARLOTTE, NC. IRS filing data is available for 2024. As of 2024, the organization holds $17K in total assets. In 2024, it made $288K in qualifying distributions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$17K

Revenue

$178K

Qualifying Distributions

$288K

Expenses

$168K

Under IRS private-foundation payout rules, Mayfield Memorial Community Development Corporation reported a distributable amount of $554 for 2024 — the minimum it must pay out in qualifying distributions.

About Mayfield Memorial Community Development Corporation

Based on IRS filings

Mayfield Memorial Community Development Corporation is a private foundation focused on Community Improvement & Capacity Building, based in CHARLOTTE, NC. IRS filing data is available for 2024. As of 2024, the organization holds $17K in total assets. In 2024, it made $288K in qualifying distributions.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$79K$159K$238K$317K2024
Metric2024
Total Assets$17,164
Revenue$178,459
Expenses$168,230
Qualifying Distributions$288,292
Net Investment Income
Distributable Amount$554

Giving Over Time

Total grant dollars and number of grants per year

$0$0.25$0.5$0.75$10 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

0 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Dr Peter WherryChairman of Board1
Tricia FentonTreasurer1
Delores Reid SmithBoard Member1
Glencie RhedrickBoard Member0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Mayfield Memorial Community Development Corporation?

Mayfield Memorial Community Development Corporation is a private foundation focused on Community Improvement & Capacity Building, based in CHARLOTTE, NC. It holds $17K in total assets as of 2024.

How large is Mayfield Memorial Community Development Corporation?

As of 2024, Mayfield Memorial Community Development Corporation holds $17K in total assets with $178K in annual revenue.

How much is Mayfield Memorial Community Development Corporation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mayfield Memorial Community Development Corporation reported a distributable amount of $554 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mayfield Memorial Community Development Corporation's EIN?

Mayfield Memorial Community Development Corporation's EIN (Employer Identification Number) is 81-2530967. IRS Form 990 filing data is available on this page for 2024.

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

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