The H Clay and Wavie M Presnell Foundation Inc
The H Clay and Wavie M Presnell Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RANDLEMAN, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 7 grants totaling $120K. Net investment income was $231K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
+19.1% YoY
Annual Giving
$120K
-17.0% YoY
Grant Count
7
-41.7% YoY
Avg Grant Size
$17K
+42.2% YoY
Under IRS private-foundation payout rules, The H Clay and Wavie M Presnell Foundation Inc reported a distributable amount of $139K for 2024 — the minimum it must pay out in qualifying distributions.
About The H Clay and Wavie M Presnell Foundation Inc
Based on IRS filings
The H Clay and Wavie M Presnell Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RANDLEMAN, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 7 grants totaling $120K. Net investment income was $231K.
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 | $2,684,369 | $2,254,450 | $2,247,358 |
| Revenue | $318,952 | $254,928 | $218,274 |
| Expenses | $189,265 | $208,298 | $208,609 |
| Qualifying Distributions | $120,466 | $145,200 | $139,000 |
| Net Investment Income | $231,433 | — | $41,614 |
| Distributable Amount | $139,477 | $119,283 | $131,615 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
43 grants across all recorded years
Open Grants
1 open opportunity from The H Clay and Wavie M Presnell Foundation Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Naaman's Village ($27,200), Victory Junction ($25,000), Randolph County Family Crisis Center ($20,766).
| Recipient | Purpose | Amount |
|---|---|---|
| 100 MAN PROJECT LIBERTY, NC | PURCHASE OFNEW VEHICLE | $10,000 |
| GRAYS CHAPEL UMC FRANKLINVILLE, NC | FOOD MINISTRY | $20,000 |
| MIDWAY WESLEYAN CHURCH RANDLEMAN, NC | PROJECT | $7,500 |
| NAAMAN'S VILLAGE HIGH POINT, NC | PROJECT | $27,200 |
| RANDOLPH COUNTY FAMILY CRISIS CENTER ASHEBORO, NC | CHILD ABUSECASE EXPENSES | $20,766 |
| VICTORY JUNCTION RANDLEMAN, NC | FAMILYWEEKEND CAMP | $25,000 |
| WINSTON SALEM STEALERS KERNERSVILLE, NC | PURCHASE OF NEW UNIFORMS | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEVIN KESLER | PRESIDENT | 1 | — |
| LINDA MCNEILL | VICE PRESIDENT | 1 | — |
| ROXANNE KESLER | DIRECTOR | 1 | — |
| TAMMY WEBSTER | SECRETARY-TREASURER | 10 | $30,032 |
| BOB MASON | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The H Clay and Wavie M Presnell Foundation Inc?
The H Clay and Wavie M Presnell Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RANDLEMAN, NC. It holds $2.7M in total assets as of 2024.
How large is The H Clay and Wavie M Presnell Foundation Inc?
As of 2024, The H Clay and Wavie M Presnell Foundation Inc holds $2.7M in total assets with $319K in annual revenue. It awarded 7 grants totaling $120K in 2024.
Where does The H Clay and Wavie M Presnell Foundation Inc operate?
The H Clay and Wavie M Presnell Foundation Inc has awarded grants in North Carolina.
What size grants does The H Clay and Wavie M Presnell Foundation Inc award?
In 2024, The H Clay and Wavie M Presnell Foundation Inc awarded 7 grants totaling $120K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is The H Clay and Wavie M Presnell Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The H Clay and Wavie M Presnell Foundation Inc reported a distributable amount of $139K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The H Clay and Wavie M Presnell Foundation Inc's EIN?
The H Clay and Wavie M Presnell Foundation Inc's EIN (Employer Identification Number) is 20-2007162. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The H Clay and Wavie M Presnell Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.