H Clay And Wavie M Presnell Foundation

Organization Overview

H Clay And Wavie M Presnell Foundation is located in Randleman, NC. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. H Clay And Wavie M Presnell Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 07/2024, H Clay And Wavie M Presnell Foundation generated $319.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $189.3k during the year ending 07/2024. While expenses have increased by 4.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, H Clay And Wavie M Presnell Foundation has awarded 59 individual grants totaling $623,387. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2024

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Board, Officers & Key Employees

Name (title)Compensation
Kevin Kesler
President
$0
Linda Mcneill
Vice President
$0
Roxanne Kesler
Director
$0
Tammy Webster
Secretary-Treasurer
$30,032
Bob Mason
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $268,906
Interest on Savings $0
Dividends & Interest $50,046
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $300,232
Net ST Capital Gain $46,709
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $318,952

Grants Awarded

Over the last fiscal year, H Clay And Wavie M Presnell Foundation has awarded $120,466 in support to 7 organizations.

Grant RecipientAmount

100 MAN PROJECT

PURPOSE: PURCHASE OFNEW VEHICLE

$10,000

MIDWAY WESLEYAN CHURCH

PURPOSE: PROJECT

$7,500

GRAYS CHAPEL UMC

PURPOSE: FOOD MINISTRY

$20,000

NAAMAN'S VILLAGE

PURPOSE: PROJECT

$27,200

RANDOLPH COUNTY FAMILY CRISIS CENTER

PURPOSE: CHILD ABUSECASE EXPENSES

$20,766

VICTORY JUNCTION

PURPOSE: FAMILYWEEKEND CAMP

$25,000
View Grant Profile

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