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North Carolina · Nonprofit

ADDISON HUTCHISON FOUNDATION

ADDISON HUTCHISON FOUNDATION (North Carolina) receives grants from 3 organizations whose IRS filings report $31,373 to it, the largest being NETWORK FOR GOOD ($26,701). 2 of them have funded it in more than one year, and 88% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$41k
Funders on record
3
Grants received
$31k
Net assets
$131k
2/3 repeat funderspeak grant-dependency 14%
01What it does

What Addison Hutchison Foundation does

Mission

To support our youth through educational, athletic and spiritual support. These areas are critical for the growth and development of each and every child. We aim to help foster that growth through the foundation and it's continued research in Sudden Unexpected Death in Epilepsy (SUDEP).

As stated on its FY2024 Form 990-EZ.

Programs

  1. Annual Lakeshore Elementary & Middle School Scholarship "Grit & Grin" award is awarded to at least two deserving students who don't necessarily have the best grades but have not given up and have great attitudes and are willing to show empathy and assistance to fellow classmates. This award benefits children each year. This award is given in Addison's memory.

    $222 spentof which $750 as grants
    100% of program spending
  2. Mecklenburg Church Summer & Fall Retreats: to assist otherwise underprivileged children in participating in a spiritual summer camp with their church, $150 per student, benefiting 34 kids

    $0 spentof which $5,100 as grants
    0% of program spending
  3. Education program donation supporting "Girls who Code" in the STEM program at Elementary School grades 3-5. This donation provided supplies for at least 10 students.

    $0 spentof which $969 as grants
    0% of program spending
  4. Donation for to LakeShore Elementary & Lake Ridge school to assist in paying the balances of school lunch accounts in the two schools benefiting an unknown number of underpriveldged students.

    $0 spentof which $2,484 as grants
    0% of program spending
  5. Supporting the Lake Norman Varsity Cheer team by donating to the annual Cheer banquet. This benefited 18 highschool athletes. Support for the Lake Norman Varsity Soccer Program by donating to the annual banquet. Again, benefiting a team of athletes.

    $0 spentof which $850 as grants
    0% of program spending
  6. Supporting Girls on the Run in Iredell County. This support was for 6 teams in Title 1 for the local communities.

    $0 spentof which $15,000 as grants
    0% of program spending
  7. Support Various Gymnastic organizations for underprivileged students to participate in a sport they would otherwise not have access to. Flying High Academy 2 students, Harris YMCA 3 students, River City Gymnastics 2 students, Soar Moor Gymnastics 1 student.

    $0 spentof which $17,600 as grants
    0% of program spending
  8. Provided Assistance toward a service dog for an Epiletic Patient - Knox Service Dog

    $0 spentof which $2,000 as grants
    0% of program spending

The 8 programs described on its FY2024 Form 990-EZ. Program spending in total: $222.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20222022 Revenue 100 ($50k) Expenses 100 ($12k) Net assets 100 ($111k)2023 Revenue 80 ($40k) Expenses 85 ($10k) Net assets 127 ($141k)2024 Revenue 82 ($41k) Expenses 434 ($51k) Net assets 118 ($131k)
202220232024
Revenue (82)Expenses (434)Net assets (118)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $111k to $141k (+27%).

$111k
$141k
$131k
202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2022
2023
2024
ContributionsProgram revenueInvestmentOther

100% of ADDISON HUTCHISON FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (95% for the typical peer).

This organization
Typical peer · 8,549 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.

$38k
’22
$30k
’23
−$10k
’24

Leadership and staff

Chief executive

Shelley Hutchison

Executive Director

As listed on its FY2024 Form 990-EZ.

03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $14k → $272.

Funder
'20
'21
'22
'23
'24*
total
funders
2
2
2
1
1

2 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 88% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ADDISON HUTCHISON FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ADDISON HUTCHISON FOUNDATION leans on a few funders — its largest provides 85% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

88% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ADDISON HUTCHISON FOUNDATION.

85%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 99% · 2021 95% · 2022 96% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

88% of ADDISON HUTCHISON FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $4k that is directly attributable, 100% of it comes from funders outside North Carolina, across 1 state.

NJ

Funder states come from each funder’s own filing. $28k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ADDISON HUTCHISON FOUNDATION's revenue fell 18% between 2022 and 2024.

Operating margin−25% · below the median
Revenue growth (annualized)−9% · below the median

this organization peer median middle 50% of peers· 7,183 philanthropy nonprofits under $100k, FY2024

Organizations like ADDISON HUTCHISON FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for ADDISON HUTCHISON FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ADDISON HUTCHISON FOUNDATION?
ADDISON HUTCHISON FOUNDATION (North Carolina) receives grants from 3 organizations whose IRS filings report $31,373 to it, the largest being NETWORK FOR GOOD ($26,701). 2 of them have funded it in more than one year, and 88% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does ADDISON HUTCHISON FOUNDATION have?
IRS filings report 3 organizations giving $31,373 in grants to ADDISON HUTCHISON FOUNDATION, 2 of which have funded it in more than one year.
Who is the largest funder of ADDISON HUTCHISON FOUNDATION?
NETWORK FOR GOOD is the largest funder on record, with $26,701 in grants. The full list of funders is on this page.
How can an organization like ADDISON HUTCHISON FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Addison Hutchison →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing