Alton Carlton & Martha C Elder Charitable Tr

Foundation · Grantmaker DALLAS, TX EIN: 54-6371097

Alton Carlton & Martha C Elder Charitable Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $359K in total assets. In 2024, it awarded 7 grants totaling $14K. Net investment income was $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$359K

+3.3% YoY

Annual Giving

$14K

+0.9% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$2K

+0.9% YoY

Under IRS private-foundation payout rules, Alton Carlton & Martha C Elder Charitable Tr reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.

About Alton Carlton & Martha C Elder Charitable Tr

Based on IRS filings

Alton Carlton & Martha C Elder Charitable Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $359K in total assets. In 2024, it awarded 7 grants totaling $14K. Net investment income was $8K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BrooknealCulpeperFarmvilleRichmondSalem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$18K$36K$55K$73K20202021202220232024
Metric202420232022
Total Assets$359,473$347,891$360,390
Revenue$13,841$-1,642$66,320
Expenses$22,198$22,836$27,819
Qualifying Distributions$17,341$16,968$22,797
Net Investment Income$8,041$3,595$61,299
Distributable Amount$20,226$18,214$18,404

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K7 grants20207 grants20217 grants20227 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

VIRGINIA BAPTIST CHILDRE…$3KVIRGINIA BAPTIST HOMES INC$3KTREAS SO BAPT SEM CONVEN…$3KPATRICK HENRY BOYSGIRLS'$3KSPRING CREEK BAPTIST CHU…$500BEULAH BAPTIST CHURCH$300FALLING RIVER BAPTIST CH…$300

Grant Size Distribution

35 grants across all recorded years

35<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Virginia Baptist Childrens Home ($3,332), Virginia Baptist Homes Inc ($3,332), Treas so Bapt Sem Convention ($3,332).

RecipientPurposeAmount
VIRGINIA BAPTIST CHILDRENS HOME SALEM, VAUNRESTRICTED GENERAL$3,332
VIRGINIA BAPTIST HOMES INC CULPEPER, VAUNRESTRICTED GENERAL$3,332
TREAS SO BAPT SEM CONVENTION RICHMOND, VAUNRESTRICTED GENERAL$3,332
PATRICK HENRY BOYSGIRLS' BROOKNEAL, VAUNRESTRICTED GENERAL$3,332
BEULAH BAPTIST CHURCH BROOKNEAL, VAUNRESTRICTED GENERAL$300
SPRING CREEK BAPTIST CHURCH FARMVILLE, VAUNRESTRICTED GENERAL$500
FALLING RIVER BAPTIST CHURCH BROOKNEAL, VAUNRESTRICTED GENERAL$300

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BANK OF AMERICATRUSTEE$6K

From 2024 filing

NameTitleHoursCompensation
BANK OF AMERICATRUSTEE1$6,033

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Alton Carlton & Martha C Elder Charitable Tr?

Alton Carlton & Martha C Elder Charitable Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $359K in total assets as of 2024.

How large is Alton Carlton & Martha C Elder Charitable Tr?

As of 2024, Alton Carlton & Martha C Elder Charitable Tr holds $359K in total assets with $14K in annual revenue. It awarded 7 grants totaling $14K in 2024.

Where does Alton Carlton & Martha C Elder Charitable Tr operate?

Alton Carlton & Martha C Elder Charitable Tr has awarded grants in Virginia.

What size grants does Alton Carlton & Martha C Elder Charitable Tr award?

In 2024, Alton Carlton & Martha C Elder Charitable Tr awarded 7 grants totaling $14K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Alton Carlton & Martha C Elder Charitable Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Alton Carlton & Martha C Elder Charitable Tr reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Alton Carlton & Martha C Elder Charitable Tr's EIN?

Alton Carlton & Martha C Elder Charitable Tr's EIN (Employer Identification Number) is 54-6371097. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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