Old Hemlock Foundation Inc

Private foundation · Grantmaker Bruceton Mills, WV EIN: 26-2890566

Old Hemlock Foundation Inc is a private foundation, based in Bruceton Mills, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 1 grant totaling $3K. Net investment income was $7K.

Key facts about Old Hemlock Foundation Inc

In short: Old Hemlock Foundation Inc gave $3K across 1 grant in 2024 (avg $3K), mostly in West Virginia. Source: 2024 IRS Form 990-PF.

EIN
26-2890566
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$3,000
Grants made (2024)
1
Average grant
$3,000
Median grant
$3,000
Total assets
$3,300,195
Primary geography
West Virginia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.3M

+28.4% YoY

Annual Giving

$3K

-85.0% YoY

Grant Count

1

-80.0% YoY

Avg Grant Size

$3K

-25.0% YoY

Under IRS private-foundation payout rules, Old Hemlock Foundation Inc reported a distributable amount of $162K for 2024 — the minimum it must pay out in qualifying distributions.

How Old Hemlock Foundation Inc gives

  • Giving fell 93% from 2021 to 2024. Method
  • In 2024 it paid out 56% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

Cities

KingwoodMorgantownBruceton MillsDavis

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K6 grants2020 5 grants2021 5 grants2022 5 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $3K (2024) to $40K (2021). In 2024 it made 1 grant totaling $3K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Bruceton High School Alumni Assoc: $3KBruceton High School AlumniAssoc$3K

The largest 2024 recipient was Bruceton High School Alumni Assoc ($3K).

Grant Size Distribution

22 grants across all recorded years

22<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 22 grants of 22 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Bruceton High School Alumni Assoc Bruceton Mills, WVNon-Profit Offering Post Secondary Escholarships$3,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$3,300,195$2,569,531$3,290,648
Revenue$15,470$75,087$143,523
Expenses$104,503$141,046$195,107
Qualifying Distributions$90,657$57,381$146,575
Net Investment Income$6,806$70,012$25,839
Distributable Amount$162,440$137,380$129,675

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Old Hemlock Foundation Inc is led by Jeff Leach, President on every filing since 2020; 1 of 4 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Jeff Leach

    President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Hall Carter

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Roger Brown

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Lejay Graffious

    Sectreasurercaretaker

    Secretary & Treasurer → Sectreasurercaretaker, 2023

    On filings since 2020

    40 hrs/week

    $28K (2020) → $40K (2024)

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Lejay Graffious — Sectreasurercaretaker: $40KLejay GraffiousSectreasurercaretaker$40K

The highest reported compensation on the 2024 filing was $40K, to Lejay Graffious (Sectreasurercaretaker).

Frequently asked questions about Old Hemlock Foundation Inc

How much does Old Hemlock Foundation Inc give each year?

Old Hemlock Foundation Inc gave $3K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $20K across 5 grants.

How large is Old Hemlock Foundation Inc?

Old Hemlock Foundation Inc reported $3.3M in total assets on its 2024 IRS Form 990-PF. It paid out $91K in qualifying distributions that year, against a required minimum of $162K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Old Hemlock Foundation Inc operate?

Old Hemlock Foundation Inc has awarded grants in West Virginia.

What is Old Hemlock Foundation Inc's EIN?

Old Hemlock Foundation Inc's EIN (Employer Identification Number) is 26-2890566. IRS Form 990 filing data is available on this page for 2020–2024.

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

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