The H Clay and Wavie M Presnell
The H Clay and Wavie M Presnell is a private foundation, based in Randleman, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.9M in total assets. In 2025, it awarded 3 grants totaling $148K. Net investment income was $170K.
Key facts about The H Clay and Wavie M Presnell
In short: The H Clay and Wavie M Presnell gave $148K across 3 grants in 2025 (avg $49K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- EIN
- 20-2007162
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $148,000
- Grants made (2025)
- 3
- Average grant
- $49,333
- Median grant
- $30,000
- Total assets
- $2,869,286
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.9M
+6.9% YoY
Annual Giving
$148K
+22.9% YoY
Grant Count
3
-57.1% YoY
Avg Grant Size
$49K
+186.7% YoY
Under IRS private-foundation payout rules, The H Clay and Wavie M Presnell reported a distributable amount of $166K for 2025 — the minimum it must pay out in qualifying distributions.
How The H Clay and Wavie M Presnell gives
- Giving held roughly steady from 2022 to 2025 (+6%). Method
- In 2025 it paid out 103% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Open Grants
1 open opportunity from The H Clay and Wavie M Presnell
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $120K (2024) to $148K (2025). In 2025 it made 3 grants totaling $148K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Swannansa Valley Christian Ministry ($100K). Together the top 3 received $148K.
Grant Size Distribution
46 grants across all recorded years
The most common grant size was under $50K: 45 grants of 46 (98%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Swannansa Valley Christian Ministry Black Mountain, NC | General Support | $100,000 |
| Chestnut Hill Baptist Church Fairview, NC | General Support | $30,000 |
| Winston Salem Stealers Girls Basketball Kernersville, NC | General Support | $18,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,869,286 | $2,684,369 | $2,254,450 |
| Revenue | $549,274 | $318,952 | $254,928 |
| Expenses | $231,578 | $189,265 | $208,298 |
| Qualifying Distributions | $170,816 | $120,466 | $145,200 |
| Net Investment Income | $170,039 | $231,433 | — |
| Distributable Amount | $165,724 | $139,477 | $119,283 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 15, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
The H Clay and Wavie M Presnell is led by Kevin Kesler, President on every filing since 2021; 1 of 5 officers listed in 2025 is compensated.
Officers on the 2025 filing
Kevin Kesler
President
On filings since 2021
1 hr/week
No compensation reported
Bob Mason
Director
On filings since 2021
1 hr/week
No compensation reported
Roxanne Kesler
Director
On filings since 2021
1 hr/week
No compensation reported
Tammy Webster
Secretary-Treasurer
On filings since 2021
10 hrs/week
$27K (2021) → $36K (2025)
Linda McNeill
Vice President
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $36K, to Tammy Webster (Secretary-Treasurer).
Frequently asked questions about The H Clay and Wavie M Presnell
How much does The H Clay and Wavie M Presnell give each year?
The H Clay and Wavie M Presnell gave $148K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $120K across 7 grants.
What is The H Clay and Wavie M Presnell's typical grant size?
The H Clay and Wavie M Presnell's median grant in 2025 was $30,000, and its average grant was $49,333, across 3 grants on its 2025 IRS Form 990-PF.
Where does The H Clay and Wavie M Presnell give grants?
The H Clay and Wavie M Presnell gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does The H Clay and Wavie M Presnell give general operating support?
Yes: 100% of The H Clay and Wavie M Presnell's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is The H Clay and Wavie M Presnell?
The H Clay and Wavie M Presnell reported $2.9M in total assets on its 2025 IRS Form 990-PF. It paid out $171K in qualifying distributions that year, against a required minimum of $166K (roughly 5% of its investment assets).
What is The H Clay and Wavie M Presnell's EIN?
The H Clay and Wavie M Presnell's EIN (Employer Identification Number) is 20-2007162. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The H Clay and Wavie M Presnell by hand.
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