The Hedrick Family Foundation
The Hedrick Family Foundation is a private foundation based in Salisbury, North Carolina, established in 1996. The foundation operates as a 501(c)(3) charitable organization with a primary focus on supporting charitable causes through grantmaking.
Key facts about The Hedrick Family Foundation
- EIN
- 56-1994087
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $421,250
- Grants made (2025)
- 101
- Average grant
- $4,171
- Median grant
- $1,500
- New grantees (estimate)
- 61% first-time grantees (62 of 101, 2025)
- Primary geography
- North Carolina (94% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Hedrick Family Foundation funds
By grant dollars, the top recipient states for The Hedrick Family Foundation's 101 itemized 2025 grants were North Carolina (94%). The most frequent recipient cities were Asheville, NC (22 grants), Hendersonville, NC (6 grants), Wadesboro, NC (4 grants) and Albemarle, NC (4 grants). None of its 101 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable Use" (101 grants).
Is The Hedrick Family Foundation open to new grantees?
61%
first-time grantees, 2025
In 2025, 62 of 101 grantees (61%) were first-time recipients. First grants averaged $3K; repeat grants $6K. How we count
Medians: $1K first-time, $2K repeat.
Estimate from itemized IRS Form 990-PF grant lists (2018–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Hedrick Family Foundation
- How to evaluate The Hedrick Family Foundation as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$421K
+90.1% YoY
Grant Count
101
+34.7% YoY
Avg Grant Size
$4K
+41.2% YoY
Mission & Focus Areas
The foundation's stated purpose is to support the Rock the Quarry benefit run, which brings the community together to celebrate good health through a foot race mission. However, the Rock the Quarry benefit run was not held in 2024. In response to Hurricane Helene's destruction, the foundation held a special fundraiser to assist the Black Mountain Home for Children with their rebuilding efforts.
The foundation's primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Nonprofit Human Services
- Reproductive Health
- Nursing Home Services
Grantmaking
All grants are designated for "Charitable Use," representing general purpose grantmaking.
Average Grant
amount varies by year
Ready to take the next step with The Hedrick Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds charitable organizations in North Carolina, South Carolina, and Virginia. Recent grant activity shows a concentration in the Asheville and Black Mountain areas of North Carolina.
Grant Distribution by State
Share of all 101 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $956,646
- Total Revenues: $516,914
- Total Expenses: $221,557
- Total Giving: $221,550
Historical Data (2023):
- Total Assets: $661,289
- Total Revenues: $437,648
- Total Expenses: $273,651
- Total Giving: $262,000
Giving Rate: Approximately 45.2% of assets distributed annually
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2018–2025
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 2025
Grant Size Distribution
377 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Black Mountain Home for Children ($126,000), Asheville Buncombe Regional Sports ($25,000), Samaritan's Purse ($25,000).
| 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 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Jeffrey V. Goodman — President
- Jane B. Arnold — Vice President & Treasurer
- F. Joanne Johnson — Secretary
- Arthur L. Hattaway Jr. — Assistant Secretary
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jeffrey V Goodman | President | — | — |
| Jane B Arnold | VP & Treasur | — | — |
| F Joanne Johnson | Secretary | — | — |
| Arthur L Hattaway Jr | Assistant Se | — | — |
Contact Information
Address: PO Box 1040 Salisbury, NC 28145
Phone: (704) 633-5982
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Hedrick Family Foundation fund?
The foundation's stated purpose is to support the Rock the Quarry benefit run, which brings the community together to celebrate good health through a foot race mission. However, the Rock the Quarry benefit run was not held in 2024. In response to Hurricane Helene's destruction, the foundation held a special fundraiser to assist the Black Mountain Home for Children with their rebuilding efforts. The foundation's primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grant…
How do I apply for a grant from The Hedrick Family Foundation?
**Grant Activity:** • Made 64 grants in 2024 • Typical grant awards range from $100 to $103,000 • Median grant amount: $3,256 • Average grant amount varies by year **Recent Grants (2024):** • Black Mountain Home for Children Youth and Families: $52,800 (Charitable Use) • Asheville Museum of Science (AMOS): $21,000 (Charitable Use) • Asheville-Buncombe Regional Sports Commission: $6,500 (Charitable Use) **Grant Type:** All grants are designated for "Charitable Use," representing general purpose …
Where does The Hedrick Family Foundation make grants?
The foundation primarily funds charitable organizations in North Carolina, South Carolina, and Virginia. Recent grant activity shows a concentration in the Asheville and Black Mountain areas of North Carolina.
What size grants does The Hedrick Family Foundation award?
In 2025, The Hedrick Family Foundation awarded 101 grants totaling $421K — an average of about $4K per grant, based on its IRS Form 990 filings.
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.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.