Drendel Family Foundation

Organization Overview

Drendel Family Foundation is located in Hickory, NC. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Drendel Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Drendel Family Foundation generated $16.8k in total revenue. All expenses for the organization totaled $3.7k during the year ending 12/2021.

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Board, Officers & Key Employees

Name (title)Compensation
Sandra Walters
Officer
$0
Frank M Drendel
Officer
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $2
Dividends & Interest $5,342
Net Rental Income$0
Net Gain on Sale of Assets $11,470
Capital Gain Net Income $11,470
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $16,814

Grants Awarded

Over the last fiscal year, Drendel Family Foundation has awarded $17,000 in support to 3 organizations.

Grant RecipientAmount

SABRE SOCIETY

PURPOSE: FOR OPERATIONS AT RECIPIENT'S DISCRETION

$10,000

MARINE TOYS FOR TOTS FOUNDATION

Org PageRecipient Profile

Triangle, VA

PURPOSE: FOR OPERATIONS AT RECIPIENT'S DISCRETION

$5,000

E RHODES & LEONA B CARPENTER HOSPITALITY HOUSE

PURPOSE: FOR OPERATIONS AT RECIPIENT'S DISCRETION

$2,000
View Grant Profile

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