Morganton Womans Club Foundation Inc
Morganton Womans Club Foundation Inc is a private foundation, based in MORGANTON, NC. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $313K in total assets. In 2023, it awarded 15 grants totaling $18K. Net investment income was $15K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$313K
+8.2% YoY
Annual Giving
$18K
-7.8% YoY
Grant Count
15
-25.0% YoY
Avg Grant Size
$1K
+22.9% YoY
Under IRS private-foundation payout rules, Morganton Womans Club Foundation Inc reported a distributable amount of $14K for 2023 — the minimum it must pay out in qualifying distributions.
About Morganton Womans Club Foundation Inc
Based on IRS filings
Morganton Womans Club Foundation Inc is a private foundation, based in MORGANTON, NC. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $313K in total assets. In 2023, it awarded 15 grants totaling $18K. Net investment income was $15K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $312,995 | $289,205 | $359,745 |
| Revenue | $30,003 | $26,320 | $31,764 |
| Expenses | $19,671 | $21,702 | $23,443 |
| Qualifying Distributions | $19,671 | $281,099 | $352,123 |
| Net Investment Income | $14,872 | $768 | $12,738 |
| Distributable Amount | $13,904 | $13,784 | $16,769 |
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 2023
Grant Size Distribution
82 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Western Carolina University ($5,000), Unc Charlotte ($5,000), Western Piedmont Community College ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MORGANTON FRATERNAL ORDER OF POLICE MORGANTON, NC | FOOD BASKETS FOR POOR | $200 |
| SOUTH MOUNTAIN CHILDRENS HOME BOONE, NC | CONTRIBUTION | $200 |
| J IVERSON RIDDLE DEVELOPMENTAL CTR MORGANTON, NC | CONTRIBUTION | $200 |
| ASSURE THE FUTURE MORGANTON, NC | CONTRIBUTION | $25 |
| BURKE COUNTY FIREFIGHTERS ASSOC MORGANTON, NC | CONTRIBUTION | $75 |
| BURKE UNITED CHRISTIAN MINISTRIES MORGANTON, NC | CONTRIBUTION | $300 |
| GOOD SAMARITAN CLINIC NEBO, NC | CONTRIBUTION | $300 |
| OPTIONS INC MORGANTON, NC | CONTRIBUTION | $400 |
| CHRISTMAS CHEER MORGANTON, NC | CONTRIBUTION | $200 |
| A BETTER LIFE ANIMAL RESCUE INC MORGANTON, NC | CONTRIBUTION | $150 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LONNA WILSON | SECRETARY | 3 | — |
| MARSHA RIDDLE | PRESIDENT | 1 | — |
| MABEL LOWMAN | VICE PRESIDENT | 1 | — |
| CONNIE LEDFORD | TREASURER | 1 | — |
Frequently Asked Questions
How large is Morganton Womans Club Foundation Inc?
As of 2023, Morganton Womans Club Foundation Inc holds $313K in total assets with $30K in annual revenue. It awarded 15 grants totaling $18K in 2023.
Where does Morganton Womans Club Foundation Inc operate?
Morganton Womans Club Foundation Inc has awarded grants in Indiana, North Carolina, New York, Virginia.
What size grants does Morganton Womans Club Foundation Inc award?
In 2023, Morganton Womans Club Foundation Inc awarded 15 grants totaling $18K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Morganton Womans Club Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Morganton Womans Club Foundation Inc reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Morganton Womans Club Foundation Inc's EIN?
Morganton Womans Club Foundation Inc's EIN (Employer Identification Number) is 56-1442785. IRS Form 990 filing data is available on this page for 2020–2023.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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