2026-04-02T17:08:45-04:00 2025-12-31 990 2025-01-01 331521480 French Broad Crossing Madison County Support Foundation Inc FREN 9177339270 3793 FRENCH BROAD PKWY MARSHALL NC 28753 Ronald Kraynick Treasurer 6786622749 2026-04-06 2025 2025-03-06 01:10:19Z Gregory Tosko 112 MOON SHADOW LN MARSHALL NC 28753 318233 false X fbcmadcofoundation.org X 2024 NC To provide support and resources to the population of Madison County North Carolina impacted by their economic circumstances or by virtue of emergent or catastrophic circumstances. The Foundation provides this support via public service-related organizations and other entities serving the community. 6 6 0 0 0 0 19100 318233 0 0 0 0 0 0 19100 318233 0 256000 0 0 0 0 0 0 0 0 2756 0 258756 19100 59477 19100 78577 0 0 19100 78577 To provide support and resources to the population of Madison County North Carolina impacted by their economic circumstances or by virtue of emergent or catastrophic circumstances. The Foundation provides this support via public service-related organizations and other entities serving the community. false false 256000 256000 0 The Foundation provided grants to the following organizations under its three categories of support and resources Community Business and Environment to advance our mission: 1 Marshall Relief Alliance MRA Community - three grants totaling $25,000 Business - one grant for $8,000: The Foundation provided a $10,000 grant to provide heat to more than 15 local families in need during the winter a $5,000 grant to provide secure storage for equipment and supplies used in home rebuilding a $10,000 grant to fund construction of a new gravel entrance for the Rollins community and an $8,000 grant to MRAs Rebuild Marshall micro grant program for businesses working to re-open. 2 Mountain BizWorks Business - one grant for $100,000: The Foundation provided a $100,000 grant for Mountain Bizworks Marshall-Hot Springs NC Rebuild Together program with funds allocated to 30 Marshall and 11 Hot Springs businesses damaged by Hurricane Helene with individual grants ranging from $7,500 to $25,000. 3 Community Housing Coalition of Madison County CHC Community - one grant for $10,000: The Foundation provided a $10,000 grant to CHC to help fund a park model home providing temporary housing for families in Marshall NC while their houses were being reconstructed. 4 Mountain Valleys Resource Conservation and Development RC and D Council Environment - one grant for $65,000: The Foundation provided a grant of $65,000 towards the Rollins Fortner Hollow French Broad River streambed restoration which was damaged during Hurricane Helene in partnership with Mountain Valleys Land of Sky NC Flood Resiliency Blueprint and the people of Rollins & Fortner Hollow. 5 Madison Alliance for Rebuilding Communities MARC Community - one grant for $25,000: The Foundation provided a grant of $25,000 to MARC under its Resilient Homes Program to help fill gaps in funding for more resilient new and renovated homes in Madison County that were damaged or destroyed by Hurricane Helene. 6 MountainTrue Environment - one grant of $10,000: The Foundation provided a grant of $10,000 for equipment to support MountainTrues efforts to clean up the French Broad River in Madison County. 7 Other organizations with grants to each organization totaling $5,000 or less Community - three grants totaling $8,000 Business - one grant for $5,000: Grants to these organizations comprised primarily of food pantries and a local arts organization helped feed people in need and repair buildings damaged by Hurricane Helene. 0 0 0 0 0 0 0 0 0 256000 true true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false true false false false false false false false false false true 0 0 0 false false false false false false false false 6 6 true false false false false false false true true false false true true true true true true false false false NC X X Ronald Kraynick 6786622749 3793 French Broad Pkwy Marshall NC 28753 Stanley Goldenberg Vice Chairperson 10.00 0.00 X X 0 0 0 Kathleen Kraynick Community Liaison 10.00 0.00 X 0 0 0 Ronald Kraynick Treasurer 10.00 0.00 X X 0 0 0 Ann Shiver Community Liaison 10.00 0.00 X 0 0 0 Gregory Tosko Chairperson 10.00 0.00 X X 0 0 0 Jonathan Weaver Secretary 10.00 0.00 X X 0 0 0 0 0 0 0 false false false 0 0 0 0 0 318233 182209 318233 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 318233 0 0 0 256000 256000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2350 0 2350 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 406 0 406 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 258756 256000 2756 0 0 0 0 0 19100 77777 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 800 19100 78577 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 19100 78577 0 0 19100 78577 19100 78577 59477 0 0 0 0 0 X false false false X 0 0 0 19100 318233 337333 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19100 318233 337333 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 337333 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19100 318233 337333 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true Marshall Relief Alliance 806 Walnut Creek Road Marshall NC 28753 331351526 33000 0 FMV None Community and Business support and resources Mountain BizWorks 153 S Lexington Ave Asheville NC 28801 561733266 100000 0 FMV None Business support and resources Community Housing Coalition PO Box 1166 Marshall NC 28753 113660564 10000 0 FMV None Community support and resources Mountain Valleys RC and D Council 4388 US 25 3 Marshall NC 28753 581767802 65000 0 FMV None Environment support and resources Madison Alliance for Rebuilding Com 798 Walnut Creek Rd Marshall NC 28753 113660564 25000 0 FMV None Community support and resources MountainTrue 347 Depot St Asheville NC 28801 561422691 10000 0 FMV None Environment support and resources 6 0 Part I Line 2 The Foundation ensures that recipients of grant funds are 501c3 organizations with missions consistent with the Foundations mission. Board members met with the leaders of the requesting organizations to review the need of the organization. Grants and distribution of funds were unanimously approved by the Board. Board members followed up with the organizations leaders to request that the funds be used in a way that is consistent with the Foundations intent. X 5 182209 FMV 0 false false false Part VI, Line 2 Kathleen Kraynick and Ronald Kraynick have a family relationship Part VI, Line 11a Form 990 and related Schedules are furnished to all current board members at least 7 days prior to filing for their review. Questions or comments are appropriately addressed upon which approval is obtained prior to filing. Part VI, Line 12c According to the Foundations Conflict of Interest Policy each board member shall annually sign a statement which affirms that the person a has received a copy of the Conflicts of Interest Policy b has read and understands the policy c has agreed to comply with the policy and d understands that the Foundation is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. The Foundation regularly monitors and enforces compliance with the policy by reviewing all contributions grants and expense activity with all board members prior to acting. Any possible conflicts are addressed and if a board member is deemed to have a conflict that board member abstains from voting on the matter. Part VI, Line 19 The Foundation makes its governing documents conflict of interest policy Annual Report Form 990 and related Schedules available to the public either on its website or by request via its website.