Melton Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HAYS, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $245K in total assets. In 2024, it awarded 14 grants totaling $38K. Net investment income was $27K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$245K
-9.0% YoY
Annual Giving
$38K
+17.2% YoY
Grant Count
14
+7.7% YoY
Avg Grant Size
$3K
+8.8% YoY
Under IRS private-foundation payout rules, Melton Foundation reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.
About Melton Foundation
Based on IRS filings
Melton Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HAYS, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $245K in total assets. In 2024, it awarded 14 grants totaling $38K. Net investment income was $27K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $245,277 | $269,662 | $285,996 |
| Revenue | $26,778 | $11,615 | $9,211 |
| Expenses | $41,663 | $34,449 | $34,109 |
| Qualifying Distributions | $41,500 | $34,300 | $33,773 |
| Net Investment Income | $26,778 | $11,718 | $10,737 |
| Distributable Amount | $34,749 | $30,587 | $30,898 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Walk by Faith Christian Camp ($5,000), Rescue America ($5,000), Samaritan Kitchen of Wilkes ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BLUE RIDGE OPPORTUNITY COMMISSION NORTH WILKESBORO, NC | MEALS ON WHEELS | $2,000 |
| CATTLEMEN'S ASSOCIATION OF WILKES WILKESBORO, NC | MEMORIAL AGRICULTURE SCHOLARSHIP | $3,000 |
| HOPE MINISTRIES NORTH WILKESBORO, NC | GENERAL FUND | $1,000 |
| HOSPICE OF WILKES WILKESBORO, NC | ANNUAL DONATION | $1,000 |
| WALK BY FAITH CHRISTIAN CAMP HAYS, NC | GENERAL FUND | $5,000 |
| MTN VIEW RURITAN HAYS, NC | OPERATING FUND | $1,500 |
| WEST WILKES HIGH SCHOOL MILLERS CREEK, NC | GENERAL FUND | $1,000 |
| RELAY FOR LIFE-AMERICAN CANCER SOCIETY ATLANTA, GA | RELAY FOR LIFE | $1,000 |
| RESCUE AMERICA MILLERS CREEK, NC | OPERATING FUND | $5,000 |
| SAMARITAN KITCHEN OF WILKES WILKESBORO, NC | BACKPACK FOOD PROGRAM FOR KIDS | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DORIS W MELTON | PRESIDENT | 1 | — |
| RANDY L MELTON | VICE PRESIDENT | 1 | — |
| STEVEN E MELTON | SECRETARY TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Melton Foundation?
Melton Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HAYS, NC. It holds $245K in total assets as of 2024.
How large is Melton Foundation?
As of 2024, Melton Foundation holds $245K in total assets with $27K in annual revenue. It awarded 14 grants totaling $38K in 2024.
Where does Melton Foundation operate?
Melton Foundation has awarded grants in Georgia, North Carolina.
What size grants does Melton Foundation award?
In 2024, Melton Foundation awarded 14 grants totaling $38K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Melton Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Melton Foundation reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Melton Foundation's EIN?
Melton Foundation's EIN (Employer Identification Number) is 56-2276922. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Melton Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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