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Filing year 2024

Futch Foundation Inc

Mars Hill, North Carolina·EIN 31-1611588·NTEE T30Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$10k
Total assets
$90k
Total expenses
$12k
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. Futch Foundation Inc reported 5 unpaid officers and board members on its 990-PF.

Board Member
Board Member
Board Member
Board Member
President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$9k

Itemized grants

14

Median grant

$500

RecipientLocationPurposeAmount
Grace Covenant Presbyterian ChurchAsheville, NCHurricane Helene Relief$3k
Pisgah Legal Services Pisgah Legal ServicesAsheville, NCAnnual$1k
YWCAAsheville, NCAnnual Campaign$1k
Asheville Area Habitat for HumanityAsheville, NCHurricane Helene Relief$1k
BeLoved AshevilleAsheville, NCHurricane Helene Relief$1k
Working WheelsAsheville, NCHurricane Helene Relief$1k
Lubec Memorial Library Lubec Memorial LibraryLubec, MEAnnual$500
Madison County Community Housing Co Madison County Community Housing CoMarshall, NCAnnual$500
Southern Environmental Law Center Southern Environmental Law CenterCharlottesville, VAAnnual$500
Madison County Rotary FoundationMars Hill, NCHurricane Helene Relief$500
Woodford County Library Woodford County LibraryVersailles, KYAnnual$500
Friends of Hot Springs LibraryMarshall, NCHurricane Helene Relief$500
Cystic Fibrosis Foundation Cystic Fibrosis FoundationCharlotte, NCAnnual$250
Catholic Social ServicesLexington, KYNever Cashed Checks-$2k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Futch Foundation Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$4k
$8k
2023
$10k
$12k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

Futch Foundation Inc reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in North Carolina earns a median of $42,970.

25th percentile
$10k
Median
$42,970
75th percentile
$100k
90th percentile
$204k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 471 organizations across 471 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for North Carolina
FAQ

Common questions about Futch Foundation Inc

What are Futch Foundation Inc's revenue and expenses?

In 2024, Futch Foundation Inc reported $10k in total revenue and $12k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.