Harvey Mcnairy Foundation Inc
- Assets
- $12.4m
- Revenue
- $661.6k
- Investments
- $11.3m
- Employees
- 0
- Location
- Kinston, NC
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 20-8686982
Organization Overview
Harvey Mcnairy Foundation Inc is located in Kinston, NC. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Harvey Mcnairy Foundation Inc 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 12/2022, Harvey Mcnairy Foundation Inc generated $661.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Harvey Mcnairy Foundation Inc has awarded 242 individual grants totaling $6,258,186. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leigh H Mcnairy President | 0 | $0 | |
John O Mcnairy Sec/treas | 0 | $0 | |
Kendra Warren Assistant Se | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $53,981 |
| Interest on Savings | $10,201 |
| Dividends & Interest | $339,475 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $247,633 |
| Capital Gain Net Income | $45,508 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,324 |
| Total Revenue | $661,614 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $3,960 |
| Taxes | $2,148 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,483 |
| Total operating and administrative expenses | $137,789 |
| Contributions, gifts, grants paid | $1,020,500 |
| Total expenses and disbursements | $1,158,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,896 |
| Savings and temporary cash investments | $1,074,105 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,022,786 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,258 |
| Total assets | $12,447,832 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Harvey Mcnairy Foundation Inc has awarded $1,020,500 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
CHARLESTON LIBRARY SOCIETY PURPOSE: CHARITABLE | $1,000 |
CHARLESTON TO CHARLESTON INC PURPOSE: CHARITABLE | $28,000 |
ACKLAND ART MUSEUM PURPOSE: CHARITABLE | $5,000 |
BOYS & GIRLS CLUBS OF LENOIR COUNTY PURPOSE: CHARITABLE | $2,000 |
CURE RTD FOUNDATION INC PURPOSE: CHARITABLE | $10,000 |
EARTH CONSERVATION CORPS PURPOSE: CHARITABLE | $5,000 |