EIN 56-2259577

Methodist Home for Children Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2001
Most recent tax filings
2024-06-01
Description
To serve exclusively as a supporting organization for the benefit of the Methodist Home for Children, inc. by carrying out charitable and educational purposes that are consistent with and that support the purposes of the Methodist Home for Children, inc. Supporting organization for the benefit of The Methodist Home for Children, Inc.
Related structure
Methodist Home for Children Foundation is a subordinate organization under The Methodist Home for Children.
Total revenues
$1,468,746
2024
Total expenses
$1,099,901
2024
Total assets
$25,757,757
2024
Num. employees
0
2024

Program areas at Methodist Home for Children Foundation

Support of The Methodist Home for Children, Inc. Operations

Grants made by Methodist Home for Children Foundation

GranteeGrant descriptionAmount
The Methodist Home for ChildrenTo Support the Methodist Home for Children, Inc.$984,341

Who funds Methodist Home for Children Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$11,000
American Endowment FoundationPhilanthropy$6,554

Personnel at Methodist Home for Children Foundation

NameTitleCompensation
Rev. Bruce E. StanleyPresident and Chief Executive Officer$0
Jessica LangVice President of Finance and Chief Financial Officer
Kenneth D. PerryVice President of Operations
Polly WillisVice President of Advancement
Ellen ScarboroughVice President of Program Development and Contracts
...and 1 more key personnel

Financials for Methodist Home for Children Foundation

RevenuesFYE 06/2024
Total grants, contributions, etc.$220,453
Program services$0
Investment income and dividends$449,910
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$798,383
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,468,746

Form 990s for Methodist Home for Children Foundation

Fiscal year endingDate received by IRSFormPDF link
2024-062025-01-30990View PDF
2023-062024-02-08990View PDF
2022-062023-01-26990View PDF
2021-062021-12-20990View PDF
2020-062021-04-06990View PDF
...and 11 more Form 990s
Data update history
October 31, 2024
Updated personnel
Identified 3 new personnel
October 23, 2024
Received grants
Identified 1 new grant, including a grant for $6,554 from American Endowment Foundation
June 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
October 25, 2023
Received grants
Identified 2 new grant, including a grant for $17,750 from American Endowment Foundation
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Human service organizationsChapter / child organizationsCharities
Issues
Human services
Characteristics
Provides grantsEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1041 Washington St
Raleigh, NC 27605
Metro area
Raleigh-Cary, NC
County
Wake County, NC
Website URL
mhfc.org/who-we-are/our-board/ 
Phone
(919) 833-2834
IRS details
EIN
56-2259577
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P70: Residential, Custodial Care (Group Home)
NAICS code, primary
623990: Other Residential Care Facilities
Parent/child status
Subordinate organization
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