Mchenry Foundation Inc

TRYON, NC EIN: 56-0790399

Mchenry Foundation Inc is a private foundation, based in TRYON, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $137K in total assets. In 2024, it awarded 3 grants totaling $63K. Net investment income was $51K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$137K

-0.0% YoY

Annual Giving

$63K

-19.2% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$21K

-19.2% YoY

Under IRS private-foundation payout rules, Mchenry Foundation Inc reported a distributable amount of $68K for 2024 — the minimum it must pay out in qualifying distributions.

About Mchenry Foundation Inc

Based on IRS filings

Mchenry Foundation Inc is a private foundation, based in TRYON, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $137K in total assets. In 2024, it awarded 3 grants totaling $63K. Net investment income was $51K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

CharlottePhiladelphia

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$47K$94K$141K$188K2021202220232024
Metric202420232022
Total Assets$136,567$136,585$135,660
Revenue$69,089$83,693$170,673
Expenses$69,107$82,768$89,091
Qualifying Distributions$65,006$79,337$87,000
Net Investment Income$50,898$67,204$66,544
Distributable Amount$67,721$62,284$77,874

Giving Over Time

Total grant dollars and number of grants per year

$0$22K$44K$66K$88K3 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

AMERICAN FRIENDS SERVICE…$21KTHE SALVATION ARMY$21KNOURISH UP$21K

Grant Size Distribution

12 grants across all recorded years

12<$50K$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 American Friends Service Committee ($21,000), The Salvation Army ($21,000), Nourish up ($21,000).

RecipientPurposeAmount
AMERICAN FRIENDS SERVICE COMMITTEE PHILADELPHIA, PAGENERAL SUPPORT$21,000
THE SALVATION ARMY CHARLOTTE, NCGENERAL SUPPORT$21,000
NOURISH UP CHARLOTTE, NCGENERAL SUPPORT$21,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RICHARD I MCHENRYDIRECTOR, PRESIDENT & TREASURER
MARILYN JOYCE MCHENRYDIRECTOR, VICE PRESIDENT & SECRETARY

Frequently Asked Questions

How large is Mchenry Foundation Inc?

As of 2024, Mchenry Foundation Inc holds $137K in total assets with $69K in annual revenue. It awarded 3 grants totaling $63K in 2024.

Where does Mchenry Foundation Inc operate?

Mchenry Foundation Inc has awarded grants in North Carolina, Pennsylvania.

What size grants does Mchenry Foundation Inc award?

In 2024, Mchenry Foundation Inc awarded 3 grants totaling $63K — an average of about $21K per grant, based on its IRS Form 990 filings.

How much is Mchenry Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mchenry Foundation Inc reported a distributable amount of $68K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mchenry Foundation Inc's EIN?

Mchenry Foundation Inc's EIN (Employer Identification Number) is 56-0790399. IRS Form 990 filing data is available on this page for 2021–2024.

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

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