Morganton Womans Club Foundation Inc

MORGANTON, NC EIN: 56-1442785

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

4states

Cities

Banner ElkBooneBuies CreekChapel HillCharlotteCullowheeDurhamGarden CityGreensboroHickoryLake WaccamawLynchburgMarionMorgantonNeboRaleighValdeseVirginia Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$97K$194K$291K$387K2020202120222023
Metric202320222021
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

$0$5K$10K$15K$21K21 grants202026 grants202120 grants202215 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

WESTERN CAROLINA UNIVERS…$5KUNC CHARLOTTE$5KWESTERN PIEDMONT COMMUNI…$5KOPTIONS INC$400BURKE UNITED CHRISTIAN M…$300GOOD SAMARITAN CLINIC$300BOYS AND GIRLS HOME OF NC$250MORGANTON FRATERNAL ORDE…$200SOUTH MOUNTAIN CHILDRENS…$200J IVERSON RIDDLE DEVELOP…$200

Grant Size Distribution

82 grants across all recorded years

82<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
MORGANTON FRATERNAL ORDER OF POLICE MORGANTON, NCFOOD BASKETS FOR POOR$200
SOUTH MOUNTAIN CHILDRENS HOME BOONE, NCCONTRIBUTION$200
J IVERSON RIDDLE DEVELOPMENTAL CTR MORGANTON, NCCONTRIBUTION$200
ASSURE THE FUTURE MORGANTON, NCCONTRIBUTION$25
BURKE COUNTY FIREFIGHTERS ASSOC MORGANTON, NCCONTRIBUTION$75
BURKE UNITED CHRISTIAN MINISTRIES MORGANTON, NCCONTRIBUTION$300
GOOD SAMARITAN CLINIC NEBO, NCCONTRIBUTION$300
OPTIONS INC MORGANTON, NCCONTRIBUTION$400
CHRISTMAS CHEER MORGANTON, NCCONTRIBUTION$200
A BETTER LIFE ANIMAL RESCUE INC MORGANTON, NCCONTRIBUTION$150

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
LONNA WILSONSECRETARY3
MARSHA RIDDLEPRESIDENT1
MABEL LOWMANVICE PRESIDENT1
CONNIE LEDFORDTREASURER1

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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