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Nonprofit · EIN 56-1994087

THE HEDRICK FAMILY FOUNDATION INC

Tax-exempt · SALISBURY, NC 28145

Financials

$438K$274K2023$517K$222K2024$641K$422K2025
Revenue Expenses · by fiscal year end
Financials of THE HEDRICK FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$641,019$421,949$219,070$1,175,716$0$1,175,716
December 31, 2024990-PF$516,914$221,557$295,357$956,646$0$956,646
December 31, 2023990-PF$437,648$273,651$163,997$661,289$0$661,289
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$563,783
Interest
$39,736
Other income
$37,500

Expenses

Grants and similar amounts paid
$421,250
Disbursements for charitable purposes
$421,250
Excise tax on investment income
$552

Balance sheet and other

Total assets, start of year
$956,646
Total assets, end of year
$1,175,716
Total liabilities, end of year
$0
Net assets, end of year
$1,175,716
Fair market value of assets
$1,175,716
Qualifying distributions
$421,250
Net investment income
$39,736

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JEFFREY V GOODMAN
PO BOX 1040, SALISBURY, NC 28145
PRESIDENT0$0
JANE B ARNOLD
PO BOX 1040, SALISBURY, NC 28145
VP & TREASUR0$0
F JOANNE JOHNSON
PO BOX 1040, SALISBURY, NC 28145
SECRETARY0$0
ARTHUR L HATTAWAY JR
PO BOX 1040, SALISBURY, NC 28145
ASSISTANT SE0$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
JEFFREY V GOODMAN
PO BOX 1040, SALISBURY, NC 28145
PRESIDENT0$0
JANE B ARNOLD
PO BOX 1040, SALISBURY, NC 28145
VP & TREASUR0$0
F JOANNE JOHNSON
PO BOX 1040, SALISBURY, NC 28145
SECRETARY0$0
ARTHUR L HATTAWAY JR
PO BOX 1040, SALISBURY, NC 28145
ASSISTANT SE0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
JEFFREY V GOODMAN
PO BOX 1040, SALISBURY, NC 28145
PRESIDENT0$0
JANE B ARNOLD
PO BOX 1040, SALISBURY, NC 28145
VP & TREASUR0$0
F JOANNE JOHNSON
PO BOX 1040, SALISBURY, NC 28145
SECRETARY0$0
ARTHUR L HATTAWAY JR
PO BOX 1040, SALISBURY, NC 28145
ASSISTANT SE0$0

Address and contacts

Address (IRS master file)
PO BOX 1040, SALISBURY, NC 28145-1040
Signed the 990-PF
JEFFREY V GOODMAN, PRESIDENT
Phone
(704) 633-5982
Return prepared by
ARTHUR L HATTAWAY JR CPA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
56-1994087
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1996
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,175,716
Income (IRS master file)
$641,019

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$641,019$421,949$1,175,716XML
990-PFDecember 2024$516,914$221,557$956,646IRS
990-PFDecember 2023$437,648$273,651$661,289XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1994087).

Questions about THE HEDRICK FAMILY FOUNDATION INC

What is the EIN of THE HEDRICK FAMILY FOUNDATION INC?
The employer identification number (EIN) of THE HEDRICK FAMILY FOUNDATION INC is 56-1994087.
Is THE HEDRICK FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to THE HEDRICK FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE HEDRICK FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of THE HEDRICK FAMILY FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE HEDRICK FAMILY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of THE HEDRICK FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does THE HEDRICK FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $641,019, expenses of $421,949 and total assets of $1,175,716 at year end.

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