Albert H Bangert Charitable Trust
Albert H Bangert Charitable Trust is a private foundation, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $419K in total assets. In 2024, it awarded 1 grants totaling $22K. Net investment income was $21K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$419K
+0.0% YoY
Annual Giving
$22K
-2.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$22K
-2.4% YoY
Under IRS private-foundation payout rules, Albert H Bangert Charitable Trust reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.
About Albert H Bangert Charitable Trust
Based on IRS filings
Albert H Bangert Charitable Trust is a private foundation, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $419K in total assets. In 2024, it awarded 1 grants totaling $22K. Net investment income was $21K.
Ready to take the next step with Albert H Bangert Charitable Trust?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $418,905 | $418,782 | $444,420 |
| Revenue | $31,161 | $6,605 | $39,370 |
| Expenses | $31,367 | $31,803 | $35,559 |
| Qualifying Distributions | $21,823 | $22,355 | $25,359 |
| Net Investment Income | $21,211 | $1,650 | $30,398 |
| Distributable Amount | $23,435 | $21,823 | $22,355 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include New Bern Craven County Schools ($21,823).
| Recipient | Purpose | Amount |
|---|---|---|
| NEW BERN CRAVEN COUNTY SCHOOLS NEW BERN, NC | GENERAL NEEDS OF THE SCHOOL | $21,823 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FIRST CITIZENS BANK | TRUSTEE | 40 | $8,459 |
Frequently Asked Questions
How large is Albert H Bangert Charitable Trust?
As of 2024, Albert H Bangert Charitable Trust holds $419K in total assets with $31K in annual revenue. It awarded 1 grants totaling $22K in 2024.
Where does Albert H Bangert Charitable Trust operate?
Albert H Bangert Charitable Trust has awarded grants in North Carolina.
What size grants does Albert H Bangert Charitable Trust award?
In 2024, Albert H Bangert Charitable Trust awarded 1 grants totaling $22K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is Albert H Bangert Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Albert H Bangert Charitable Trust reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Albert H Bangert Charitable Trust's EIN?
Albert H Bangert Charitable Trust's EIN (Employer Identification Number) is 56-6034663. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Albert H Bangert Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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