Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
Name of foundation
THE HEDRICK FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address) PO BOX 1040
 
Room/suite
City or town
SALISBURY
State or province
NC
Country  
ZIP or foreign postal code
28145
A Employer identification number

56-1994087
B Telephone number (see instructions)

7046335982
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$1,175,716
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 563,783
2 Check .................
3 Interest on savings and temporary cash investments 39,736 39,736  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 37,500   37,500
12 Total. Add lines 1 through 11........ 641,019 39,736 37,500
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 381      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 318      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 699 0   0
25 Contributions, gifts, grants paid....... 421,250 421,250
26 Total expenses and disbursements. Add lines 24 and 25 ................ 421,949 0   421,250
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 219,070
b Net investment income (if negative, enter -0-) 39,736
c Adjusted net income (if negative, enter -0-)... 37,500
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 405,705 109,588 109,588
2 Savings and temporary cash investments......... 550,941 1,066,128 1,066,128
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 956,646 1,175,716 1,175,716
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe )    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 956,646 1,175,716
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 956,646 1,175,716
30 Total liabilities and net assets/fund balances (see instructions). 956,646 1,175,716
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
956,646
2
Enter amount from Part I, line 27a .....................
2
219,070
3
Other increases not included in line 2 (itemize)
3
 
4
Add lines 1, 2, and 3 ..........................
4
1,175,716
5
Decreases not included in line 2 (itemize)
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
1,175,716
Form 990-PF (2025)
Form 990-PF (2025)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 .........................
Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 552
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 552
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 552
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 17
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed....... 9 569
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10  
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax   Refunded 11  
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. $   (2) On foundation managers.$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
NC
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2025 or the taxable year beginning in 2025? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressN/A
14
The books are in care ofARTHUR L HATTAWAY JR Telephone no. (704) 633-5982

Located atPO BOX 1040SALISBURYNC ZIP+428145
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country
Form 990-PF (2025)
Form 990-PF (2025)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2025? .............
1d
 
 
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2025 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position
(c) Compensation
(If not paid, enter
-0-)
(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
JEFFREY V GOODMAN PRESIDENT
000.00
0 0 0
PO BOX 1040
SALISBURY,NC28145
JANE B ARNOLD VP & TREASUR
000.00
0 0 0
PO BOX 1040
SALISBURY,NC28145
F JOANNE JOHNSON SECRETARY
000.00
0 0 0
PO BOX 1040
SALISBURY,NC28145
ARTHUR L HATTAWAY JR ASSISTANT SE
000.00
0 0 0
PO BOX 1040
SALISBURY,NC28145
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................  
Form 990-PF (2025)
Form 990-PF (2025)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
0
b
Average of monthly cash balances.......................
1b
1,169,623
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
1,169,623
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
1,169,623
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
17,544
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,152,079
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
57,604
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
57,604
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
552
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
552
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
57,052
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
57,052
6
Deduction from distributable amount (see instructions) .................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
57,052
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, line 26, column (d) ..........
1a
421,250
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
421,250
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2024
(c)
2024
(d)
2025
1 Distributable amount for 2025 from Part X, line 7 57,052
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2025:
a From 2020...... 126,520
b From 2021...... 162,073
c From 2022...... 189,018
d From 2023...... 228,747
e From 2024...... 178,769
f Total of lines 3a through e ........ 885,127
4Qualifying distributions for 2025 from Part
XI, line 4: $ 421,250
a Applied to 2024, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions) .....
 
c Treated as distributions out of corpus (Election
required—see instructions) ........
 
d Applied to 2025 distributable amount..... 57,052
e Remaining amount distributed out of corpus 364,198
5 Excess distributions carryover applied to 2025.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,249,325
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
 
e Undistributed income for 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
 
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 ..........
0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
 
8 Excess distributions carryover from 2020 not
applied on line 5 or line 7 (see instructions) ...
126,520
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ......
1,122,805
10 Analysis of line 9:
a Excess from 2021 .... 162,073
b Excess from 2022 .... 189,018
c Excess from 2023 .... 228,747
d Excess from 2024 .... 178,769
e Excess from 2025 .... 364,198
Form 990-PF (2025)
Form 990-PF (2025)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2025, enter the date of the ruling ......
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2025 (b) 2024 (c) 2023 (d) 2022
         
b 85% (0.85) of line 2a .......          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, 3b, or 3c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, 2b, 2c, and 2d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2025)
Form 990-PF (2025)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
aPaid during the year

ALL SOULS COUNSELING CENTER

35 ARLINGTON ST
ASHEVILLE,NC28801
    CHARITABLE USE 2,500

AMERICAN LEGION NC POST 70

103 REDDICK RD
ASHEVILLE,NC28805
    CHARITABLE USE 3,000

ANSON ATHLETIC YOUTH ASSOCIATION

PO BOX 39
POLKTON,NC28135
    CHARITABLE USE 600

ANSON COUNTY 4-H

PO BOX 633
WADESBORO,NC28170
    CHARITABLE USE 1,500

ANSON COUNTY HISTORICAL SOCIETY

206 EAST WADE STREET
WADESBORO,NC28170
    CHARITABLE USE 100

APPALACHIAN ARCHERS

30 MISTLETOE DR
MAIRON,NC28752
    CHARITABLE USE 750

ASHEVILLE BUNCOMBE REGIONAL SPORTS

27 COLLEGE PLACE
SUITE 200
ASHEVILLE,NC28801
    CHARITABLE USE 25,000

ASHEVILLE CATHOLIC SCHOOL

12 CULVERN ST
ASHEVILLE,NC28804
    CHARITABLE USE 5,000

ASHEVILLE FIRE DEPARTMENT
COMMISSION
100 COURT PLAZA
ASHEVILLE,NC28801
    CHARITABLE USE 1,000

ASHEVILLE MUSEUM OF SCIENCE

43 PATTON AVENUE
ASHEVILLE,NC28801
    CHARITABLE USE 20,000

AUTISM STRONG FOUNDATION

9935-D REA ROAD
SUITE 253
CHARLOTTE,NC28277
    CHARITABLE USE 2,500

AVERY'S CREEK COMMUNITY DEVELOPMENT

899 GLEEN BRIDGE RD
ARDEN,NC28704
    CHARITABLE USE 500

AVERY'S CREEK ELEMENTARY SCHOOL PTO

15 PARK SOUTH BLVD
ARDEN,NC28704
    CHARITABLE USE 500

BEARCATS ATHLETIC SUPPORT FOUNDATIO

PO BOX 121
WADESBORO,NC28170
    CHARITABLE USE 20,000

BEAVERDAM FIRE AND RESCUE

1928 BETHEL RD
SUGAR GROVE,NC28679
    CHARITABLE USE 1,000

BETHEL CHURCH OF MIDLAND

12700 IDLEBROOK RD
MIDLAND,NC28107
    CHARITABLE USE 15,000

BLACK MOUNTAIN FIRE DEPARTMENT

106 MONTREAT RD
BLACK MOUNTAIN,NC28711
    CHARITABLE USE 1,000

BLACK MOUNTAIN HOME FOR CHILDREN

80 LAKE EDEN RD
BLACK MOUNTAIN,NC28711
    CHARITABLE USE 126,000

BLACK MOUNTAIN MONTESSORI

101 CARVER AVE
BLACK MOUNTAIN,NC28711
    CHARITABLE USE 2,500

BLACK MOUNTAIN PARKS AND GREENWAY F

PO BOX 253
BLACK MOUNTAIN,NC28711
    CHARITABLE USE 10,000

BOLENS CREEK BAPTIST CHURCH
ASSOCIATION
19 HEAVENLY LN
BURNSVILLE,NC28714
    CHARITABLE USE 2,500

BOYS & GIRLS CLUB OF HENDERSON COUN

401 N MAIN STREET
SUITE 400
HENDERSONVILLE,NC28792
    CHARITABLE USE 12,500

BOYS & GIRLS CLUB OF THE OCOEE REGI

385 3RD STREET SW
CLEVELAND,TN37311
    CHARITABLE USE 5,000

BUNCOMBE COUNTY EMS

164 ERWIN HILLS RD
ASHEVILLE,NC28806
    CHARITABLE USE 1,000

BUNCOMBE COUNTY SCHOOLS FOUNDATION

175 BINGHAM
ASHEVILLE,NC28806
    CHARITABLE USE 2,000

BUTTERFLY WINGS JEWELL FOUNDATION

923 N 2ND ST 101
ALBEMARLE,NC28001
    CHARITABLE USE 2,500

CATHERINE'S HOUSE

PO BOX 1633
BELMONT,NC28012
    CHARITABLE USE 5,000

COLTS SOFTBALL BOOSTER CLUB

216 W NORTH ST
ALBEMARLE,NC28001
    CHARITABLE USE 1,000

COMMUNITY BETTERMENT FOUNDATION

PO BOX 1010
ASHEVILLE,NC28802
    CHARITABLE USE 10,000

COMMUNITY HIGH SCHOOL

235 US-70
SWANNANOA,NC28778
    CHARITABLE USE 4,000

COPPER BASIN CRISIS CENTER
OF ROCKINGHAM
5260 US-64
COPPERHILL,TN37317
    CHARITABLE USE 2,500

COPPERBASIN RURAL COMMUNITY ASSOCIA

300 COURGAR DR
COPPERHILL,TN37317
    CHARITABLE USE 2,500

COUGAR ATHLETIC BOOSTERS

PO BOX 6338
ASHEVILLE,NC28816
    CHARITABLE USE 2,000

CROOKED CREEK FIRE DEPARTMENT

4503 BAT CAVE RD
OLD FORT,NC28762
    CHARITABLE USE 1,000

DREAM ON 3

4311 SCHOOL HOUSE COMMONS
HARRISBURG,NC28075
    CHARITABLE USE 1,500

EAST LINCOLN FIRE DEPARTMENT

406 S PILOT KNOB RD
STANLEY,NC28164
    CHARITABLE USE 2,000

EBLEN CHARITIES

23 HAMILTON ST
ASHEVILLE,NC28801
    CHARITABLE USE 2,500

FAIRVIEW VOLUNTEER FIRE AND RESCUE

1586 CHARLOTTE HWY
FAIRVIEW,NC28730
    CHARITABLE USE 1,000

FAITH FREE WILL BAPTIST CHURCH

34915 LOCUST LANE
NEW LONDON,NC28127
    CHARITABLE USE 2,000

FANNIN COUNTY QUARTERBACK CLUB

360 REBEL CIRCLE
BLUE RIDGE,GA30513
    CHARITABLE USE 1,000

GEORGIA JUNIOR RODEO ASSOCIATION

1285 LL REVELL RD
MANCHESTER,GA31816
    CHARITABLE USE 500

GHIO HOLINESS CHURCH

19805 GUINIUS MILL RD
LAUREL HILL,NC28351
    CHARITABLE USE 2,000

GLENWOOD RURITAN CLUB 5K SPONSORSH

1749 OLD US 221 SOUTH
MARION,NC28752
    CHARITABLE USE 1,000

GRACE FELLOWSHIP CHRISTIAN MINISTRI

217 MIDWAY RD
ROCKINGHAM,NC28380
    CHARITABLE USE 1,000

HAYWOOD COUNTY CATTLEMEN'S ASSOCIAT

589 RACCOON RD
STE 118
WAYNESVILLE,NC28786
    CHARITABLE USE 500

HAYWOOD STREET CONGREGATION

PO BOX 2982
ASHEVILLE,NC28802
    CHARITABLE USE 3,000

HENDERSON COUNTY RESCUE SQUAD

2529 ASHEVILLE HWY
HENDERSONVILLE,NC28791
    CHARITABLE USE 1,000

HENDERSONVILLE FIRE DEPARTMENT

851 N MAIN ST
HENDERSONVILLE,NC28792
    CHARITABLE USE 1,000

HOPE FOR HORSES

160 N MAIN ST
SUITE 2
WAYNESVILLE,NC28786
    CHARITABLE USE 1,500

HORIZONS AT CAROLINA DAY

1345 HENDERSONVILLE RD
ASHEVILLE,NC28803
    CHARITABLE USE 2,500

JUPITER FIRE DEPARTMENT

331 JUPITER RD
WEAVERVILLE,NC28787
    CHARITABLE USE 1,000

KAMS

PO BOX 224
KERSHAW,SC29067
    CHARITABLE USE 1,000

KNOX-BROWN WOMEN'S CIRCLE

2145 BACK CREEK CHURCH RD
MT ULLA,NC28125
    CHARITABLE USE 2,000

LITERACY TOGETHER

31 COLLEGE PLACE
SUITE B-221
ASHEVILLE,NC28801
    CHARITABLE USE 1,000

LITTLE IVY BAPTIST CHURCH

1053 CROSSROADS PKWY
MARS HILL,NC28754
    CHARITABLE USE 2,500

LOWER HIGGINS CREEK CHURCH OF GOD

810 LOWER HIGGINS CREEK R
ERWIN,TN37650
    CHARITABLE USE 2,000

MAD RABBITS ATHLETIC ASSOCIATION

15 ALTON WAY
HENDERSONVILLE,NC28791
    CHARITABLE USE 500

MADISON COUNTY YOUTH LEAGUE BASEBAL

95 MINE HOLLOW ROAD
HOT SPRINGS,NC28743
    CHARITABLE USE 1,500

MARION FIRE DEPARTMENT

60 W COURT ST
MARION,NC28752
    CHARITABLE USE 1,000

MCDOWELL COUNTY EMERGENCY SERVICES

129 BARNES RD
MARION,NC28752
    CHARITABLE USE 1,000

MONTPELIER PRESBYTERIAN CHURCH

24680 MAIN ST
WAGRAM,NC28396
    CHARITABLE USE 2,500

MOUNTAIN HOUSE FIRE DEPARTMENT

3710 ASHEVILLE HWY
HENDERSONVILLE,NC28791
    CHARITABLE USE 1,000

MOUNTAINEER LITTLE LEAGUE
ASSOCIATION
PO BOX 76
WAYNESVILLE,NC28786
    CHARITABLE USE 2,000

NEW HEIGHTS MIDDLE SCHOOL

5738 SC-151
JEFFERSON,SC29718
    CHARITABLE USE 500

NORTH ASHEVILLE LITTLE LEAGUE

PO BOX 8624
ASHEVILLE,NC28814
    CHARITABLE USE 3,000

NORTH STANLY ATHLETIC BOOSTER CLUB
OF SCHOOLS OF MCDOWELL COUNTY
PO BOX 1935
ALBEMARLE,NC28002
    CHARITABLE USE 2,000

NORTH WINDY RIDGE PTO

20 DOAN RD
WEAVERVILLE,NC28787
    CHARITABLE USE 2,500

PARDEE HOSPITAL FOUNDATION WOMEN H

561 FLEMING ST
HENDERSONVILLE,NC28739
    CHARITABLE USE 1,000

PFEIFFER BASEBALL

PO BOX 960
MISENHEIMER,NC28109
    CHARITABLE USE 600

PG FIRE DEPARTMENT

4814 PLEASANT GARDEN RD
PLEASANT GARDEN,NC27313
    CHARITABLE USE 1,000

PLEASANT HILL CHURCH OF GOD

2075 TIM FOSTER LANE
LANCASTER,SC29720
    CHARITABLE USE 1,000

POLK COUNTY CHAMBER FOUNDATION

2753 LYNN ROAD
SUITE A
TRYON,NC28782
    CHARITABLE USE 1,000

REEMS CREEK FIRE AND RESCUE

730 REEMS CREEK RD
WEAVERVILLE,NC28787
    CHARITABLE USE 1,000

REGROUP CAROLINAS

2300 TATTERSALL DR
CHARLOTTE,NC28219
    CHARITABLE USE 2,500

REYNOLDS FIRE AND RESCUE

1 CHARLES LYTLE LN
ASHEVILLE,NC28803
    CHARITABLE USE 1,000

RICEVILLE FIRE AND RESCUE

2251 RICEVILLE RD
ASHEVILLE,NC28805
    CHARITABLE USE 1,000

ROWAN CABARRUS FOUNDATION

1333 JAKE ALEXANDER BLVD
SALISBURY,NC28146
    CHARITABLE USE 1,500

ROWAN MEDICAL CENTER FOUNDATION

130 MOCKSVILLE AVE
SALISBURY,NC28144
    CHARITABLE USE 2,500

SALISBURY CIVITAN CLUB

PO BOX 171
SALISBURY,NC281450171
    CHARITABLE USE 200

SAMARITAN'S PURSE

PO BOX 3000
BOONE,NC28607
    CHARITABLE USE 25,000

SOUTH STANLY DIXIE YOUTH SOFTBALL

PO BOX 545
NORWOOD,NC28128
    CHARITABLE USE 2,000

SOUTH STANLY MIDDLE SCHOOL

12492 COTTONVILLE RD
NORWOOD,NC28128
    CHARITABLE USE 1,000

SOUTH UNION ATHLETIC ASSOCIATION

PO BOX 1685
MONROE,NC28111
    CHARITABLE USE 2,000

STANLY COUNTY TOYS FOR TOTS

29649 SIDES ROAD
ALBEMARLE,NC28001
    CHARITABLE USE 2,000

SWANNANOA FIRE DEPARTMENT

103 SOUTH AVE
SWANNANOA,NC28778
    CHARITABLE USE 1,000

SWANNANOA FIRE RESCUE - BEE TREE SU

510 BEE TREE RD
SWANNANOA,NC28778
    CHARITABLE USE 1,000

TALL TIMBERS FOUNDATION

13093 HENRY BEADEL DR
TALLAHASSEE,FL32312
    CHARITABLE USE 2,500

THE ENDOWMENT FUND

334 SOUTH MAIN STREETT
MARION,NC28752
    CHARITABLE USE 1,000

TREE OF LIFE CHURCH

11055 ASHEVILLE HWY
GREENEVILLE,TN37743
    CHARITABLE USE 1,500

UNC ASHEVILLE ATHLETICS FOUNDATION

ONE UNIVERSITY HEIGHTS
CPO 2600
ASHEVILLE,NC28804
    CHARITABLE USE 3,500

VALLEY BASKETBALL CLUB

70 CUB RD
ASHEVILLE,NC28806
    CHARITABLE USE 1,500

VERNER CENTER FOR EARLY LEARNING

2586 RICEVILLE ROAD
ASHEVILLE,NC28805
    CHARITABLE USE 2,500

VETERANS OF FOREIGN WARS

406 W 34TH ST
KANSAS CITY,MO64111
    CHARITABLE USE 5,000

WADESBORO ROTARY CLUB

PO BOX 110
WADESBORO,NC28170
    CHARITABLE USE 2,000

WD WILLIAMS ELEMENTARY

161 BEE TREE RD
SWANNANOA,NC28778
    CHARITABLE USE 1,000

WE BELIEVE ATHLETIC BOOSTERS

2112 N THOMAS AVE
NEWTON,NC28658
    CHARITABLE USE 1,000

WEAVERVILLE FIRE DEPARTMENT

3 MONTICELLO RD
WEAVERVILLE,NC28787
    CHARITABLE USE 1,000

WEST REGION 4-H SHOOTING SPORTS

258 CAROLINA LANE
MARSHALL,NC28753
    CHARITABLE USE 1,000

WEST STANLY YOUTH FOOTBALL & CHEER

21473 EAST 8TH STREET
OAKBORO,NC28129
    CHARITABLE USE 500

WOODFIN FIRE AND RESCUE

20 NEW ST
ASHEVILLE,NC28804
    CHARITABLE USE 1,000

YMCA OF WESTERN NORTH CAROLINA

40 N MERRIMON AVENUE
SUITE 309
ASHEVILLE,NC28804
    CHARITABLE USE 5,000
Total ................................. 3a 421,250
bApproved for future payment
Total ................................. 3b  
Form 990-PF (2025)
Form 990-PF (2025)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
aROCK THE QUARRY     42 37,500  
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
    14 39,736  
4 Dividends and interest from securities ....          
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............
         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   77,236  
13Total. Add line 12, columns (b), (d), and (e)..................
13
77,236
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2025)
Form 990-PF (2025)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed
PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE HEDRICK FAMILY FOUNDATION
 
Employer identification number

56-1994087
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 2025) Page 2
Name of organization
THE HEDRICK FAMILY FOUNDATION
 
Employer identification number
56-1994087
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
1
B V HEDRICK GRAVEL SAND COMPANY
PO BOX 1040
 
SALISBURY, NC28145

$ 338,600


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
2
SOUTHERN CONCRETE MATERIALS INC
PO BOX 1040
 
SALISBURY, NC28145

$ 43,263


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
3
CUMBERLAND GRAVEL SAND COMPANY
PO BOX 1040
 
SALISBURY, NC28145

$ 138,520


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
4
MATERIAL SALES COMPANY
PO BOX 1040
 
SALISBURY, NC28145

$ 43,400


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE HEDRICK FAMILY FOUNDATION
 
Employer identification number

56-1994087
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE HEDRICK FAMILY FOUNDATION
 
Employer identification number

56-1994087
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2025 OtherExpensesSchedule
Name:
THE HEDRICK FAMILY FOUNDATION
EIN:
56-1994087
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
BANK FEES 318      


TY 2025 OtherIncomeSchedule2
Name:
THE HEDRICK FAMILY FOUNDATION
EIN:
56-1994087
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ROCK THE QUARRY 37,500   37,500


TY 2025 TaxesSchedule
Name:
THE HEDRICK FAMILY FOUNDATION
EIN:
56-1994087
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
UNITED STATES TREASURY 381