Medi-rec Foundation Inc
Medi-rec Foundation Inc is a private foundation, based in APEX, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $267K in total assets. In 2024, it awarded 9 grants totaling $29K. Net investment income was $24K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$267K
-2.8% YoY
Annual Giving
$29K
+2.8% YoY
Grant Count
9
-18.2% YoY
Avg Grant Size
$3K
+25.6% YoY
Under IRS private-foundation payout rules, Medi-rec Foundation Inc reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.
About Medi-rec Foundation Inc
Based on IRS filings
Medi-rec Foundation Inc is a private foundation, based in APEX, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $267K in total assets. In 2024, it awarded 9 grants totaling $29K. Net investment income was $24K.
Ready to take the next step with Medi-rec Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $267,085 | $274,724 | $285,622 |
| Revenue | $27,757 | $26,283 | $37,529 |
| Expenses | $37,661 | $36,681 | $26,515 |
| Qualifying Distributions | $33,162 | $32,117 | $22,350 |
| Net Investment Income | $23,560 | $21,719 | $33,389 |
| Distributable Amount | $28,155 | $25,648 | $25,562 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
64 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fordham University ($22,247), Mount St Michael Academy ($5,000), Dana Farber Cancer Institute ($300).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CANCER SOCIETY INC CHARLOTTE, NC | ANNUAL DONATION (UNRESTRICTED) | $100 |
| DANA FARBER CANCER INSTITUTE BROOKLINE, MA | ANNUAL DONATION (UNRESTRICTED) | $300 |
| NEW CANAAN LIBRARY NEW CANAAN, CT | ANNUAL DONATION (UNRESTRICTED) | $200 |
| SPECIAL OLYMPICS NC RALEIGH, NC | ANNUAL DONATION (UNRESTRICTED) | $300 |
| MOUNT ST MICHAEL ACADEMY BRONX, NY | ANNUAL DONATION (UNRESTRICTED) | $5,000 |
| FORDHAM UNIVERSITY BOSTON, MA | ANNUAL DONATION (UNRESTRICTED) | $22,247 |
| MEALS ON WHEELS RALEIGH, NC | ANNUAL DONATION (UNRESTRICTED) | $150 |
| CARLOS BELTRAN BASEBALL ACADEMY COTO LAUREL, PR | ANNUAL DONATION (UNRESTRICTED) | $300 |
| SAINT ANNE'S SHRINE ISLE MOTTE, VT | ANNUAL DONATION (UNRESTRICTED) | $300 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GINA CLEARY | PRESIDENT | 3 | $6,000 |
| CAROL PICCARO | VICE PRES. | 1 | — |
| MICHAEL VON OEHSEN | SECRETARY | 1 | — |
| DONNA VON OEHSEN | DIRECTOR | 1 | — |
| JANICE VON OEHSEN | DIRECTOR | 1 | — |
| DAVID VON OEHSEN | DIRECTOR | 1 | — |
Frequently Asked Questions
How large is Medi-rec Foundation Inc?
As of 2024, Medi-rec Foundation Inc holds $267K in total assets with $28K in annual revenue. It awarded 9 grants totaling $29K in 2024.
Where does Medi-rec Foundation Inc operate?
Medi-rec Foundation Inc has awarded grants in Colorado, Connecticut, Illinois, Massachusetts, North Carolina, New York, Ohio, Pr, Vermont.
What size grants does Medi-rec Foundation Inc award?
In 2024, Medi-rec Foundation Inc awarded 9 grants totaling $29K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Medi-rec Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Medi-rec Foundation Inc reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Medi-rec Foundation Inc's EIN?
Medi-rec Foundation Inc's EIN (Employer Identification Number) is 06-6182480. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Medi-rec 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.