North Carolina · Nonprofit
HENDERSON COUNTY EDUCATION FOUNDATION INC
HENDERSON COUNTY EDUCATION FOUNDATION INC (North Carolina) receives grants from 22 organizations whose IRS filings report $1,310,373 to it, the largest being COMMUNITY FOUNDATION OF HENDERSON COUNTY INC ($554,446). 14 of them have funded it in more than one year, and 60% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $1.5M
- Funders on record
- 22
- Grants received
- $1.3M
- Net assets
- $2.0M
What Henderson County Education Foundation Inc does
Mission
Enhance the quality of life in henderson county, north carolina by enriching the education of students, teachers, and the local community.
As stated on its FY2025 Form 990.
Programs
The foundation administered 40 scholarships for graduates of henderson county public high schools. Each scholarship has a specific purpose and tailored eligibility criteria. The scholarships are managed by the foundation's program committee and staff, with the involvement of high school counselors, teachers, and scholarship review committees, including members of the henderson county community.
$264,933 spentof which $264,933 as grants30% of program spendingHcef spring fund, formerly "the special fund for children" was established to provide support for children's needs not otherwise met by the school system. Spring funds are provided annually to principals at each of the schools in the district to meet the day-to-day emergencies and other needs of the most vulnerable children in the system.
$52,530 spent6% of program spendingThe leader in me is franklin covey's whole school transformation process. It teaches 21st century leadership and life skills to students and creates a culture of student empowerment based on the idea that every child can be a leader.
$182,224 spent21% of program spendingGeneral programs-other awards, to students, teachers, and graduates of henderson county public schools, to enrich the learning opportunities for students and expenses related to the operation of these programs.
$381,808 spent$6,966 earned by the program43% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $881,495.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $1.5M to $2.0M (+33%).
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.
Government-grant reliance: 2020 2% · 2021 3% · 2022 8% · 2023 25% · 2024 26% · 2025 17%. Grants only. Government contracts and fees sit inside program revenue.
94% of HENDERSON COUNTY EDUCATION FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 9 funders, grant income rose $11k → $143k.
10 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 60% 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 HENDERSON COUNTY EDUCATION FOUNDATION INC’s funders (the co-funder graph). Top 21 of 22 funders by total. 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
HENDERSON COUNTY EDUCATION FOUNDATION INC leans on a few funders — its largest provides 42% of grant income and the top three 68%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
81% 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 HENDERSON COUNTY EDUCATION FOUNDATION INC.
Largest funder’s share by year: 2017 100% · 2018 44% · 2019 32% · 2020 29% · 2021 33% · 2022 52% · 2023 35% — diversifying over time.
“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.
How long its funders stay
33% of HENDERSON COUNTY EDUCATION FOUNDATION INC's funders are still giving 3 years after their first grant; 64% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
60% of HENDERSON COUNTY EDUCATION FOUNDATION INC'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 $518k that is directly attributable, 92% of it comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $792k arriving through sponsors registered in 9 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.
Against its field
HENDERSON COUNTY EDUCATION FOUNDATION INC runs a healthier operating margin than three-quarters of the 9,615 education nonprofits its size.
this organization peer median middle 50% of peers· 9,615 education nonprofits $1M–$10M, FY2025
Organizations like HENDERSON COUNTY EDUCATION FOUNDATION INC
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
86% of spending goes to programs.
Governance
Public support
83%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for HENDERSON COUNTY EDUCATION FOUNDATION INC: 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.
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 HENDERSON COUNTY EDUCATION FOUNDATION INC?
- HENDERSON COUNTY EDUCATION FOUNDATION INC (North Carolina) receives grants from 22 organizations whose IRS filings report $1,310,373 to it, the largest being COMMUNITY FOUNDATION OF HENDERSON COUNTY INC ($554,446). 14 of them have funded it in more than one year, and 60% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does HENDERSON COUNTY EDUCATION FOUNDATION INC have?
- IRS filings report 22 organizations giving $1,310,373 in grants to HENDERSON COUNTY EDUCATION FOUNDATION INC, 14 of which have funded it in more than one year.
- Who is the largest funder of HENDERSON COUNTY EDUCATION FOUNDATION INC?
- COMMUNITY FOUNDATION OF HENDERSON COUNTY INC is the largest funder on record, with $554,446 in grants. The full list of funders is on this page.
- How can an organization like HENDERSON COUNTY EDUCATION FOUNDATION INC 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 Henderson County Education →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 22 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 22, 2026. What this page cannot tell you · view filing