Alton Carlton & Martha C Elder Charitable Tr

Private foundation · Grantmaker Dallas, TX EIN: 54-6371097

Alton Carlton & Martha C Elder Charitable Tr is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $373K in total assets. In 2025, it awarded 7 grants totaling $19K. Net investment income was $35K.

Key facts about Alton Carlton & Martha C Elder Charitable Tr

In short: Alton Carlton & Martha C Elder Charitable Tr gave $19K across 7 grants in 2025 (avg $3K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

EIN
54-6371097
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$19,392
Grants made (2025)
7
Average grant
$2,770
Median grant
$4,573
Total assets
$372,670
Primary geography
Virginia (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$373K

+3.7% YoY

Annual Giving

$19K

+34.4% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$3K

+34.4% YoY

Under IRS private-foundation payout rules, Alton Carlton & Martha C Elder Charitable Tr reported a distributable amount of $21K for 2025 — the minimum it must pay out in qualifying distributions.

How Alton Carlton & Martha C Elder Charitable Tr gives

  • Giving held roughly steady from 2022 to 2025 (−3%). Method
  • In 2025 it paid out 107% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 7 itemized grants.

States

Cities

BrooknealCulpeperFarmvilleRichmondSalem

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K7 grants2020 7 grants2021 7 grants2022 7 grants2023 7 grants2024 7 grants2025

From 2020 to 2025, annual grant giving ranged from $14K (2023) to $20K (2022). In 2025 it made 7 grants totaling $19K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Virginia Baptist Childrens Home: $5KVirginia Baptist ChildrensHome$5KVirginia Baptist Homes Inc: $5KVirginia Baptist Homes Inc$5KSouthern Baptist Seminary Convention: $5KSouthern Baptist SeminaryConvention$5KPatrick Henry Boys' & Girls' Plantation: $5KPatrick Henry Boys' & Girls'Plantation$5KSpring Creek Baptist Church: $500Spring Creek Baptist Church$500Beulah Baptist Church: $300Beulah Baptist Church$300Falling River Baptist Church: $300Falling River Baptist Church$300

The largest 2025 recipient was Virginia Baptist Childrens Home ($5K). Together the top 7 received $19K.

Grant Size Distribution

35 grants across all recorded years

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

The most common grant size was under $50K: 35 grants of 35 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Virginia Baptist Childrens Home Salem, VAUnrestricted General$4,573
Virginia Baptist Homes Inc Culpeper, VAUnrestricted General$4,573
Southern Baptist Seminary Convention Richmond, VAUnrestricted General$4,573
Patrick Henry Boys' & Girls' Plantation Brookneal, VAUnrestricted General$4,573
Spring Creek Baptist Church Farmville, VAUnrestricted General$500
Beulah Baptist Church Brookneal, VAUnrestricted General$300
Falling River Baptist Church Brookneal, VAUnrestricted General$300

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$372,670$359,473$347,891
Revenue$40,989$13,841$-1,642
Expenses$27,876$22,198$22,836
Qualifying Distributions$22,472$17,341$16,968
Net Investment Income$35,432$8,041$3,595
Distributable Amount$21,065$20,226$18,214

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS January 21, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS January 27, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS February 1, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS January 31, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS January 23, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS January 31, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Alton Carlton & Martha C Elder Charitable Tr's only listed officer is Bank Of America, Trustee on every filing since 2020 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2020

    1 hr/week

    $5K (2020) → $6K (2025)

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Bank of America — Trustee: $6KBank of AmericaTrustee$6K

The highest reported compensation on the 2025 filing was $6K, to Bank of America (Trustee).

Frequently asked questions about Alton Carlton & Martha C Elder Charitable Tr

How much does Alton Carlton & Martha C Elder Charitable Tr give each year?

Alton Carlton & Martha C Elder Charitable Tr gave $19K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $14K across 7 grants.

What is Alton Carlton & Martha C Elder Charitable Tr's typical grant size?

Alton Carlton & Martha C Elder Charitable Tr's median grant in 2025 was $4,573, and its average grant was $2,770, across 7 grants on its 2025 IRS Form 990-PF.

Where does Alton Carlton & Martha C Elder Charitable Tr give grants?

Alton Carlton & Martha C Elder Charitable Tr gives mostly in Virginia: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Brookneal, VA (3 grants).

Does Alton Carlton & Martha C Elder Charitable Tr give general operating support?

Yes: 100% of Alton Carlton & Martha C Elder Charitable Tr's 2025 grants with a stated purpose (7 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Alton Carlton & Martha C Elder Charitable Tr's largest grantees?

Alton Carlton & Martha C Elder Charitable Tr's largest 2025 grantees include Virginia Baptist Childrens Home ($4,573), Virginia Baptist Homes Inc ($4,573) and Southern Baptist Seminary Convention ($4,573), according to its 2025 IRS Form 990-PF. Together they received 71% of its itemized 2025 grant dollars.

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

Alton Carlton & Martha C Elder Charitable Tr reported $373K in total assets on its 2025 IRS Form 990-PF. It paid out $22K in qualifying distributions that year, against a required minimum of $21K (roughly 5% of its investment assets).

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 2020–2025.

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

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