M Haley Foundation Inc

Organization Overview

M Haley Foundation Inc is located in Greensboro, NC. The organization was established in 1991. 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. M Haley 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 10/2023, M Haley Foundation Inc generated $234.4k 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 (5.7%) each year. All expenses for the organization totaled $312.6k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, M Haley Foundation Inc has awarded 276 individual grants totaling $4,930,116. 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

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION ONLY MAKES CONTRIBUTIONS TO PRESELECTED CHARITABLE ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael W Haley
President
$0
Lynn C Haley
Director
$0
Elizabeth L Stanley
Director
$0
Leigh H Jones
Director
$0
Ozro D Covington
Director
$0
Bradley L Jacobs
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $64,908
Dividends & Interest $191,969
Net Rental Income$0
Net Gain on Sale of Assets -$39,189
Capital Gain Net Income $0
Net ST Capital Gain $6,298
Income Modifications $0
Profit on Inventory Sales $0
Other Income $16,664
Total Revenue $234,352

Grants Awarded

Over the last fiscal year, M Haley Foundation Inc has awarded $284,200 in support to 25 organizations.

Grant RecipientAmount

ATRIUM HEALTH FOUNDATION

PURPOSE: UNRESTRICTED

$3,000

AUTHORA CARE COLLECTIVE

PURPOSE: UNRESTRICTED

$2,500

BACKPACK BEGINNINGS

PURPOSE: UNRESTRICTED

$10,000

EASTERN MUSIC FESTIVAL

PURPOSE: UNRESTRICTED

$8,000

GHS SCHOLARSHIP FUND

PURPOSE: UNRESTRICTED

$500

JOSEPH M BRYAN FOUNDATION

PURPOSE: UNRESTRICTED

$40,000
View Grant Profile

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Edward M Armfield Sr Foundation Inc
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$34,648,038
The Frist Foundation
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Z Smith Reynolds Foundation Inc
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Endeavour Legacy Foundation
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