Association of Capitular Masons Inc

CHARLOTTE, NC EIN: 56-0858000

Association of Capitular Masons Inc is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $443K in total assets. In 2024, it awarded 10 grants totaling $32K. Net investment income was $61K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$443K

+76.0% YoY

Annual Giving

$32K

+114.4% YoY

Grant Count

+150.0% YoY

Avg Grant Size

$3K

-14.2% YoY

Under IRS private-foundation payout rules, Association of Capitular Masons Inc reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.

About Association of Capitular Masons Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $83K (98%)

Texas $1K (2%)

States

North Carolina Texas

Cities

BahamaCharlotteDenverFlower MoundGreensboroMonroeOxfordPinevilleValdese

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2021
Total Assets	$443,326	$251,918	$250,389
Revenue	$61,027	$17,065	$15,876
Expenses	$36,671	$17,663	$20,529
Qualifying Distributions	$32,165	$15,000	$16,886
Net Investment Income	$61,027	$17,983	$15,876
Distributable Amount	$20,032	$1,306	$17,038

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

26 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Charlotte York Rite ($9,300), Prior Year ($5,850), East Lincoln Ministry ($4,200).

Recipient	Purpose	Amount
MASONIC HOME FOR CHILDREN OXFORD, NC	GENERAL OPERATING SUPPORT	$2,500
WHITESTONE GREENSBORO, NC	GENERAL OPERATING SUPPORT	$2,500
CHARLOTTE DEMOLAY MONROE, NC	GENERAL OPERATING SUPPORT	$2,500
BAHAMA ASSEMBLY - RAINBOW GIRLS BAHAMA, NC	GENERAL OPERATING SUPPORT	$1,000
LENOIR ASSEMBLY - RAINBOW GIRLS VALDESE, NC	GENERAL OPERATING SUPPORT	$1,500
ASHLEY ELLIS - SKYLA CREDIT UNION CHARLOTTE, NC	GENERAL OPERATING SUPPORT	$815
EAST LINCOLN MINISTRY DENVER, NC	GENERAL OPERATING SUPPORT	$4,200
GRANT CHARLOTTE, NC	REPAYMENT	$2,000
CHARLOTTE YORK RITE CHARLOTTE, NC	LOAN FORGIVENESS	$9,300
PRIOR YEAR CHARLOTTE, NC	PRIOR YEAR CLEARING	$5,850

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MICHAEL MANGUM	PRESIDENT	—	—
RON WHITENER	SECRETARY	—	—
L SCOTT BRAND	TREASURER	—	—
JEFF MCEWEN	ASSISTANT TR	—	—

Frequently Asked Questions

How large is Association of Capitular Masons Inc?

As of 2024, Association of Capitular Masons Inc holds $443K in total assets with $61K in annual revenue. It awarded 10 grants totaling $32K in 2024.

Where does Association of Capitular Masons Inc operate?

Association of Capitular Masons Inc has awarded grants in North Carolina, Texas.

What size grants does Association of Capitular Masons Inc award?

In 2024, Association of Capitular Masons Inc awarded 10 grants totaling $32K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Association of Capitular Masons Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Association of Capitular Masons Inc reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Association of Capitular Masons Inc's EIN?

Association of Capitular Masons Inc's EIN (Employer Identification Number) is 56-0858000. IRS Form 990 filing data is available on this page for 2020–2024.