Charles & Irene Nanney Fdn

Organization Overview

Charles & Irene Nanney Fdn is located in Raleigh, NC. The organization was established in 1963. 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. Charles & Irene Nanney Fdn 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 12/2021, Charles & Irene Nanney Fdn generated $250.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $180.1k during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 6 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 2015, Charles & Irene Nanney Fdn has awarded 139 individual grants totaling $1,096,098. 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)Compensation
Charles D Gray III
Trustee
$1,500
Mary Ellen Jennings
Trustee
$1,500
David P Nanney Jr
Trustee
$1,500

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $100,018
Net Rental Income$0
Net Gain on Sale of Assets $150,910
Capital Gain Net Income $150,910
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $250,928

Grants Awarded

Over the last fiscal year, Charles & Irene Nanney Fdn has awarded $138,300 in support to 17 organizations.

Grant RecipientAmount

SALVATION ARMY

PURPOSE: CHARITABLE

$21,025

CRISIS ASSISTANCE MINISTRY

PURPOSE: CHARITABLE

$18,525

CAMPBELL UNIVERSITY LAW SCHOOL

PURPOSE: EDUCATION

$15,000

GARDNER-WEBB UNIVERSITY

Org PageRecipient Profile

Boiling Springs, NC

PURPOSE: EDUCATION

$15,000

WAKE FOREST UNIVERSITY

PURPOSE: EDUCATION

$15,000

MARS HILL UNIVERSITY

Org PageRecipient Profile

Mars Hill, NC

PURPOSE: EDUCATION

$15,000
View Grant Profile

Peer Organizations

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