EIN 23-7201488

Maxwell Corpening JR Memorial Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Marion
Year formed
1972
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Maxwell M Corpening JR Memorial Foundation is a private foundation that provides grants to Project Christmas, with a focus on residents of McDowell County, North Carolina. The trustees are David Wooten and Ricky Buchanan.
Also known as...
Maxwell M Corpening JR Memorial Foundation
Total revenues
$767,264
2022
Total expenses
$700,748
2022
Total assets
$591,656
2022
Num. employees
n/a

Program areas at Maxwell Corpening JR Memorial Foundation

The Foundation served 311 needy individuals of mcdowell county through direct payment for shelter, utilities, medical assistance and other necessary living expenses.
Grant to Maxwell m. Corpening, JR. Memorial center, inc. to construct and support operations of ymca to benefit all residents of mcdowell county.
Refunds from prior year grants that are available for use to provide new assistance to families within mcdowell county

Grants made by Maxwell Corpening JR Memorial Foundation

GranteeGrant descriptionAmount
Maxwell M Corpening JR Memorial CenterSee Part Viii-A, Statement 2$515,732
Project ChristmasProvide Christmas Gifts To Low Income Children$4,000

Who funds Maxwell Corpening JR Memorial Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Foundation for the CarolinasCharitable Gift$50,000

Personnel at Maxwell Corpening JR Memorial Foundation

NameTitleCompensation
David WootenSecretary and Treasurer$0

Financials for Maxwell Corpening JR Memorial Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$764,349
Investment income and dividends$227
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$2,688
Total revenues$767,264

Form 990s for Maxwell Corpening JR Memorial Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-08990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-11990PFView PDF
2019-122022-01-31990PFView PDF
2018-122020-02-11990PFView PDF
...and 7 more Form 990s

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Data update history
January 23, 2024
Posted financials
Added Form 990PF for fiscal year 2022
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $50,000 from Foundation for the Carolinas
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 6, 2023
Updated personnel
Identified 1 new personnel
June 28, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsExempt operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
PO Box 2400
Marion, NC 28752
County
McDowell County, NC
Phone
(828) 659-9622
IRS details
EIN
23-7201488
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1972
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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