The Claude S Jr and Raenelle Aberne
The Claude S Jr and Raenelle Aberne is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HICKORY, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 25 grants totaling $241K. Net investment income was $89K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.2M
-4.7% YoY
Annual Giving
$241K
-11.3% YoY
Grant Count
25
+4.2% YoY
Avg Grant Size
$10K
-14.9% YoY
Under IRS private-foundation payout rules, The Claude S Jr and Raenelle Aberne reported a distributable amount of $281K for 2024 — the minimum it must pay out in qualifying distributions.
About The Claude S Jr and Raenelle Aberne
Based on IRS filings
The Claude S Jr and Raenelle Aberne is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HICKORY, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 25 grants totaling $241K. Net investment income was $89K.
Focus Areas
Ready to take the next step with The Claude S Jr and Raenelle Aberne?
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 | $3,151,943 | $3,306,187 | $3,398,397 |
| Revenue | $200,111 | $273,528 | $174,403 |
| Expenses | $354,355 | $365,738 | $405,695 |
| Qualifying Distributions | $240,500 | $271,200 | $298,436 |
| Net Investment Income | $88,815 | $180,069 | $69,678 |
| Distributable Amount | $280,699 | $248,803 | $256,965 |
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
115 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Neighbors Network ($40,000), Wake Forest University ($35,000), The Green Room ($32,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BSA PIEDMONT COUNCIL GASTONIA, NC | PROGRAM SUPPORT | $1,000 |
| CATAWBA COLLEGE SALISBURY, NC | PROGRAM SUPPORT | $10,000 |
| CATAWBA VALLEY HABITAT FOR HUMANITY HICKORY, NC | PROGRAM SUPPORT | $6,000 |
| CATAWBA VALLEY MEDICAL CENTER FDN HICKORY, NC | PROGRAM SUPPORT | $10,000 |
| CLASSROOM CONNECTIONS NEWTON, NC | PROGRAM SUPPORT | $9,000 |
| CORINTH REFORMED CHURCH HICKORY, NC | PROGRAM SUPPORT | $9,000 |
| DOWNTOWN NEWTON DEVELOPMENT ASSOCIA NEWTON, NC | PROGRAM SUPPORT | $1,200 |
| HART SQUARE FOUNDATION VALE, NC | PROGRAM SUPPORT | $4,000 |
| HICKORY LANDMARKS SOCIETY HICKORY, NC | PROGRAM SUPPORT | $2,000 |
| HICKORY MUSIC FACTORY HICKORY, NC | PROGRAM SUPPORT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARTHA A SOWERS | TRUSTEE | — | — |
| ANNE A WEPNER | TRUSTEE | — | — |
| CLAUDE S ABERNETHY III | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Claude S Jr and Raenelle Aberne?
The Claude S Jr and Raenelle Aberne is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HICKORY, NC. It holds $3.2M in total assets as of 2024.
How large is The Claude S Jr and Raenelle Aberne?
As of 2024, The Claude S Jr and Raenelle Aberne holds $3.2M in total assets with $200K in annual revenue. It awarded 25 grants totaling $241K in 2024.
Where does The Claude S Jr and Raenelle Aberne operate?
The Claude S Jr and Raenelle Aberne has awarded grants in North Carolina.
What size grants does The Claude S Jr and Raenelle Aberne award?
In 2024, The Claude S Jr and Raenelle Aberne awarded 25 grants totaling $241K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is The Claude S Jr and Raenelle Aberne required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Claude S Jr and Raenelle Aberne reported a distributable amount of $281K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Claude S Jr and Raenelle Aberne's EIN?
The Claude S Jr and Raenelle Aberne's EIN (Employer Identification Number) is 27-6561536. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Claude S Jr and Raenelle Aberne's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
George Foundation Inc
HICKORY, NC
Assets
$18.2M
Grants
60
Total Given
$1.6M
Duke Energy Foundation
CHARLOTTE, NC
Assets
$1.9M
Grants
41
Total Given
$25.6M
Beaver Family Foundation Inc
HICKORY, NC
Assets
$11.2M
Grants
34
Total Given
$734K
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
The Bolick Foundation
CONOVER, NC
Assets
$55.1M
Grants
266
Total Given
$22.5M
Foundation for the Carolinas
CHARLOTTE, NC
Assets
$3.9B
Grants
1,605
Total Given
$609.1M
Corning Incorporated Foundation
CORNING, NY
Assets
$1.2M
Grants
263
Total Given
$3.5M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
E Rhodes and Leona B Carpenter Foundation
RADNOR, PA
Assets
$251.7M
Grants
310
Total Given
$14.4M
Natl Christian Charitable Fdn Inc
ALPHARETTA, GA
Assets
$6.1B
Grants
16,327
Total Given
$2.6B
Ge Aerospace Foundation
NORWALK, CT
Assets
$22.5M
Grants
2,467
Total Given
$15.3M
The Cannon Foundation Inc
CONCORD, NC
Assets
$351.7M
Grants
218
Total Given
$14.6M
More Funders in North Carolina
Data last updated April 2026. Sourced from IRS Form 990-PF filings.