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 12/2022, Charles & Irene Nanney Fdn generated $71.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $216.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Charles & Irene Nanney Fdn has awarded 142 individual grants totaling $1,126,498. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles D Gray III Trustee | 2 | $1,000 | |
Mary Ellen Jennings Trustee | 2 | $1,000 | |
David P Nanney Jr Trustee | 2 | $1,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $107,943 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$36,093 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $71,850 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $3,000 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $9,878 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $364 |
Total operating and administrative expenses | $43,351 |
Contributions, gifts, grants paid | $173,300 |
Total expenses and disbursements | $216,651 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $42,483 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $2,974,706 |
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 |
Over the last fiscal year, Charles & Irene Nanney Fdn has awarded $173,300 in support to 24 organizations.
Grant Recipient | Amount |
---|---|
CAMPBELL UNIVERSITY LAW SCHOOL PURPOSE: EDUCATION | $20,000 |
CANCER SERVICES OF GASTON COUNTY PURPOSE: MEDICAL | $2,500 |
CRISIS ASSISTANCE MINISTRY PURPOSE: CHARITABLE | $27,900 |
FIRST BAPTIST CHURCH PURPOSE: RELIGIOUS | $500 |
FOOD BANK OF CENTRAL & EASTERN NORTH CAROLINA INC PURPOSE: CHARITABLE | $2,500 |
GARDNER-WEBB UNIVERSITY PURPOSE: EDUCATION | $15,000 |