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Filing year 2023

THE LEONARD G HERRING FAMILY FOUNDATION

Wilkesboro, North Carolina·EIN 56-1881015·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$840k
Total assets
$23.9M
Total expenses
$1.8M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2023. THE LEONARD G HERRING FAMILY FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

Board Member/vice Chair
Chair/secretary
President/treasurer

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$1.4M

Itemized grants

28

Median grant

$15k

RecipientLocationPurposeAmount
NC TECH PATHSWILKESBORO, NCGENERAL SUPPORT$600k
WILKES COMMUNITY COLLEGEWILKESBORO, NCGENERAL SUPPORT$420k
WILKES COUNTY SCHOOLSWILKESBORO, NCGENERAL SUPPORT$40k
YMCA OF NORTHWEST NORTH CAROLINAWINSTON SALEM, NCGENERAL SUPPORT$40k
WILKES ECONOMIC DEVELOPMENT CORPORATIONNORTH WILKESBORO, NCGENERAL SUPPORT$35k
BLUE RIDGE OPPORTUNITY COMMISSION INCNORTH WILKESBORO, NCGENERAL SUPPORT$25k
THE EDUCATIONAL FOUNDATION INCCHAPEL HILL, NCGENERAL SUPPORT$25k
WILKES ART GALLERYNORTH WILKESBORO, NCGENERAL SUPPORT$25k
FIRST UNITED METHODIST CHURCHNORTH WILKESBORO, NCGENERAL SUPPORT$20k
HIGHER ED WORKSRALEIGH, NCGENERAL SUPPORT$20k
UNITED WAY OF WILKES COUNTY INCNORTH WILKESBORO, NCGENERAL SUPPORT$15k
WILKES PLAYMAKERS INCNORTH WILKESBORO, NCGENERAL SUPPORT$15k
OLD HICKORY COUNCILWINSTON SALEM, NCGENERAL SUPPORT$15k
SHRINERS HOSPITAL FOR CHILDRENCHARLOTTE, NCGENERAL SUPPORT$15k
CRAIG CHURCH MINISTRIES INCPURLEAR, NCGENERAL SUPPORT$15k
WILKES MINISTRY OF HOPENORTH WILKESBORO, NCGENERAL SUPPORT$15k
WILKES ADAPNORTH WILKESBORO, NCGENERAL SUPPORT$15k
DUKE UNIVERSITYDURHAM, NCGENERAL SUPPORT$10k
CENTER FOR CONGREGATIONAL HEALTHWINSTON SALEM, NCGENERAL SUPPORT$10k
WILKES SOIL & WATER CONSERVATION DISTRICTWILKESBORO, NCGENERAL SUPPORT$10k
CARENET COUNSELING OF WILKES INCNORTH WILKESBORO, NCGENERAL SUPPORT$10k
WILKES CIRCLES OF CARE INCNORTH WILKESBORO, NCGENERAL SUPPORT$5k
WILKES COUNTY HALL OF FAMENORTH WILKESBORO, NCGENERAL SUPPORT$5k
WILKES COUNTY HEALTH DEPARTMENTWILKESBORO, NCGENERAL SUPPORT$5k
WILKES YOUTH LIFE DEVELOPMENTMORAVIAN FALLS, NCGENERAL SUPPORT$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE LEONARD G HERRING FAMILY FOUNDATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$1.9M
$1.4M
2021
$2.9M
$2M
2022
$840k
$1.8M
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

THE LEONARD G HERRING FAMILY FOUNDATION 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 THE LEONARD G HERRING FAMILY FOUNDATION

What are THE LEONARD G HERRING FAMILY FOUNDATION's revenue and expenses?

In 2023, THE LEONARD G HERRING FAMILY FOUNDATION reported $840k in total revenue and $1.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.