The Hedrick Family Foundation
The Hedrick Family Foundation is a private foundation based in Salisbury, North Carolina. Its 2025 filing reports 101 grants totaling $421,250, with nearly all grant dollars going to recipients in North Carolina.
The Hedrick Family Foundation at a glance
In short: The Hedrick Family Foundation gave $421K across 101 grants in 2025 (avg $4K), mostly in North Carolina. 60% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $421,250
- +90.1% vs 2024
- Grants made (2025)
- 101
- +34.7% vs 2024
- Average grant
- $4,171
- +41.2% vs 2024
- Median grant
- $1,500
- Total assets
- $1,175,716
- +22.9% vs 2024
- New grantees (estimate)
- 60% first-time grantees (61 of 101, 2025)
- Primary geography
- North Carolina (94% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Hedrick Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 1040, Salisbury, NC 28145
Phone: (704) 633-5982
Website: https://hedrickfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Hedrick Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Black Mountain Home for Children ($126K). Together the top 10 received $269K.
Grant Size Distribution
377 grants across all recorded years
The most common grant size was under $50K: 373 grants of 377 (99%).
Geographic Focus
Where this funder awards grants
In 2025, 94% of grant dollars went to recipients in North Carolina. The remaining reported shares were Tennessee (3%), Missouri (1%), South Carolina (1%), and Florida (1%).
Grant Distribution by State
Share of 2025 grant dollars across all 101 itemized grants.
States
Cities
Is The Hedrick Family Foundation open to new grantees?
60%
first-time grantees, 2025
In 2025, 61 of 101 grantees (60%) were first-time recipients. First grants averaged $3K; repeat grants $7K. How we count
Medians: $1K first-time, $2K repeat.
- 32% of 2025 grantees were also funded in 2024. Method
- Giving grew 99% from 2022 to 2025. Method
- In 2025 it paid out 738% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2018–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2018 to 2025, annual grant giving ranged from $140K (2020) to $421K (2025). In 2025 it made 101 grants totaling $421K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Black Mountain Home for Children Black Mountain, NC | Charitable Use | $126,000 |
| Asheville Buncombe Regional Sports Asheville, NC | Charitable Use | $25,000 |
| Samaritan's Purse Boone, NC | Charitable Use | $25,000 |
| Asheville Museum of Science Asheville, NC | Charitable Use | $20,000 |
| Bearcats Athletic Support Foundatio Wadesboro, NC | Charitable Use | $20,000 |
| Bethel Church of Midland Midland, NC | Charitable Use | $15,000 |
| Boys & Girls Club of Henderson Coun Hendersonville, NC | Charitable Use | $12,500 |
| Black Mountain Parks and Greenway F Black Mountain, NC | Charitable Use | $10,000 |
| Community Betterment Foundation Asheville, NC | Charitable Use | $10,000 |
| Asheville Catholic School Asheville, NC | Charitable Use | $5,000 |
Ready to take the next step with The Hedrick Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,175,716 | $641,019 | $421,949 | $421,250 | 101 | $421,250 | $39,736 | $57,052 |
| 2024 | $956,646 | $516,914 | $221,557 | $221,550 | 75 | $221,550 | $27,409 | $42,781 |
| 2023 | $661,289 | $437,648 | $273,651 | $262,000 | 70 | $262,000 | $539 | $33,253 |
| 2022 | $497,292 | $380,016 | $216,466 | $212,195 | 64 | $212,195 | $117 | $23,177 |
| 2021 | $333,742 | $267,305 | $189,695 | $180,325 | 67 | $180,325 | $2 | $18,252 |
| 2020 | $256,132 | $196,068 | $139,974 | $139,890 | 58 | — | $42 | $13,370 |
| 2018 | $159,503 | $201,213 | $179,016 | $169,851 | 78 | — | $153 | $9,795 |
Under IRS private-foundation payout rules, The Hedrick Family Foundation reported a distributable amount of $57K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The available information does not state a general mission for the foundation. Its 2024 filing says that, although the Rock-the-Quarry benefit run was not held that year, a special fundraiser was held to assist Black Mountain Home for Children with rebuilding efforts after Hurricane Helene.
Grantees’ stated missions illustrate some of the work supported. Black Mountain Home for Children says its mission is “to glorify God by caring for children, youth, and families.” Asheville Museum of Science describes itself as Western North Carolina’s home for experiential science learning, discovery, and exploration. Catherine’s House says it provides transitional housing and programs for women and children experiencing homelessness. All Souls Counseling Center says it provides mental health counseling, outreach, and education, with a focus on people who are underinsured or uninsured in Western North Carolina.
Grantmaking
In 2025, the foundation reported 101 grants totaling $421,250. Individual grants ranged from $100 to $126,000, with a median award of $1,500. Its largest reported grant was $126,000 to Black Mountain Home for Children, followed by $25,000 each to Asheville Buncombe Regional Sports and Samaritan’s Purse. Other large grants included $20,000 each to Asheville Museum of Science and Bearcats Athletic Support Foundation, and $15,000 to Bethel Church of Midland. The stated purpose for these grants was “charitable use.”
The foundation reported 75 grants totaling $221,550 in 2024 and 70 grants totaling $262,000 in 2023.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Jeffrey V. Goodman as president; Jane B. Arnold as vice president and treasurer; F. Joanne Johnson as secretary; and Arthur L. Hattaway Jr. as assistant secretary.
The Hedrick Family Foundation is led by Jeffrey V. Goodman, President on every filing since 2018; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jeffrey V. Goodman
President
On filings since 2018
No compensation reported
Arthur L. Hattaway Jr.
Assistant Se
On filings since 2018
No compensation reported
F. Joanne Johnson
Secretary
On filings since 2018
No compensation reported
Jane B. Arnold
Vice President & Treasurer
On filings since 2018
No compensation reported
Data from IRS Form 990 filings, 2018–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Hedrick Family Foundation
How much does The Hedrick Family Foundation give each year?
The Hedrick Family Foundation gave $421K across 101 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $222K across 75 grants.
What is The Hedrick Family Foundation's typical grant size?
The Hedrick Family Foundation's median grant in 2025 was $1,500, and its average grant was $4,171, across 101 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Hedrick Family Foundation that year got $3K on average.
Where does The Hedrick Family Foundation give grants?
The Hedrick Family Foundation gives mostly in North Carolina: 94% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Asheville, NC (22 grants), Hendersonville, NC (6 grants), Wadesboro, NC (4 grants) and Albemarle, NC (4 grants).
Does The Hedrick Family Foundation give general operating support?
Not in 2025: none of the 101 grants with a stated purpose on The Hedrick Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Use" (101 grants).
Who are The Hedrick Family Foundation's largest grantees?
The Hedrick Family Foundation's largest 2025 grantees include Black Mountain Home for Children ($126,000), Asheville Buncombe Regional Sports ($25,000) and Samaritan's Purse ($25,000), according to its 2025 IRS Form 990-PF. Together they received 42% of its itemized 2025 grant dollars.
How large is The Hedrick Family Foundation?
The Hedrick Family Foundation reported $1.2M in total assets on its 2025 IRS Form 990-PF. It paid out $421K in qualifying distributions that year, against a required minimum of $57K (roughly 5% of its investment assets).
What does The Hedrick Family Foundation fund?
The available information does not state a general mission for the foundation. Its 2024 filing says that, although the Rock-the-Quarry benefit run was not held that year, a special fundraiser was held to assist Black Mountain Home for Children with rebuilding efforts after Hurricane Helene. See mission & focus areas ↑
How do I apply for a grant from The Hedrick Family Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Hedrick Family Foundation's EIN?
The Hedrick Family Foundation's EIN (Employer Identification Number) is 56-1994087. IRS Form 990 filing data is available on this page for 2018–2025.
Does The Hedrick Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2018 (received by the IRS May 14, 2019)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 4, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 29, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 24, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 2, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 5, 2026)
- IRS filings on file for fiscal years 2018–2025
Explore Open Grants
Browse active grant opportunities in The Hedrick Family Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Hedrick Family Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/the-hedrick-family-foundation-morg_3e5fc6fffdcb4c39b6f898f46e7bb75f
BibTeX
@misc{grantable_561994087_2026,
author = {{Grantable}},
title = {{The Hedrick Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-hedrick-family-foundation-morg_3e5fc6fffdcb4c39b6f898f46e7bb75f},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Hedrick Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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