Captrust Community Foundation Inc logo

Captrust Community Foundation Inc

RALEIGH, NC EIN: 20-8715100 Website

CAPTRUST Community Foundation Inc is a 501(c)(3) public charity based in Raleigh, North Carolina. Founded in 2007, the foundation is run by employees of CAPTRUST and operates as a registered charitable organization dedicated to philanthropic giving. The foundation supports nonprofit organizations across the country through various grant programs and employee-driven giving initiatives.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.8M

-10.3% YoY

Annual Giving

$472K

-43.4% YoY

Grant Count

31

-62.2% YoY

Avg Grant Size

$15K

+49.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The CAPTRUST Community Foundation's mission is to enrich the lives of children in the communities we serve by supporting organizations throughout the country that specifically help children with physical disabilities, illnesses, abuse, poverty, absence of a parent, and more.

Primary funding areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Financial literacy programs for teens
  • Crisis relief and disaster response

Grantmaking

The foundation operates multiple grant programs:

Grant Range

** $5,500 to $100,000

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Geographic Focus

Where this funder awards grants

The foundation supports nonprofits on both national and local levels, with primary focus in:

  • North Carolina
  • Florida
  • South Carolina
  • Communities where CAPTRUST operates offices nationwide

Grant Distribution by State

36states
+28 more states

Cities

AkronAllentownAltoonaAshevilleAtlantaAustinBanner ElkBay HarborBedfordBethlehemBethpageBirminghamBooneBostonBrooklynBrookshireBurbankCamarilloCantonCarrboro

Financial History

Multi-year comparison from IRS filings

As of 2024 (most recent filing):

  • Total Assets: $2,846,312
  • Total Revenue: $1,256,774
  • Total Expenses: $1,641,034
  • Net Income: -$384,260
  • Total Liabilities: $0

2025 Activity:

  • Total Donations Announced: $1.8 million
  • Grants Given: 255
  • Volunteer Hours: 4,851

Historical Giving:

  • As of August 2024, the foundation had awarded over $6.25 million in grants to charitable organizations since its founding in 2007
  • Primary fundraising source: Voluntary employee payroll deductions matched by CAPTRUST
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20202021202220232024
Metric202420232022
Total Assets$2,846,312$3,171,713$3,315,934
Revenue$1,256,774$755,254$628,169
Expenses$1,641,034$1,234,888$1,255,213
Qualifying Distributions
Net Investment Income$247,185$35,393$-235
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$215K$431K$646K$861K52 grants202058 grants202165 grants202282 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NEIGHBOR TO NEIGHBOR$100KWONDERS & WORRIES$28KLITTLE BIT THERAPEUTIC R…$25KCHILDREN'S CANCER PARTNE…$25KDOWNTOWN BOXING GYM YOUT…$25KROSIE'S HOUSE A MUSIC AC…$25KOPERATION AIRDROP$15KSAMARTIAN'S PURSE$15KHEARTS WITH HANDS$15KBANNER ELK FIRE AND RESC…$15K

Grant Size Distribution

231 grants across all recorded years

226<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

4 open opportunities from Captrust Community Foundation Inc

Show all 4 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Heather Shanahan – President of the CCF; CAPTRUST Senior Director of Endowments and Foundations
  • Greg Delage – Vice President of the CCF; Director of CAPTRUST at Work
  • Veronica Karas – Co-President of the CCF; CAPTRUST Financial Advisor
  • Bryan Lewis – Co-President of the CCF; Account Manager of CAPTRUST at Work

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
VERONICA KARASCO-PRESIDENT3
BRYAN LEWISCO-PRESIDENT3
GREG DELAGETREASURER/FINANCE CHAIR3
HEATHER SHANAHANGRANTS CHAIR2
JACQUELYN GUTHRIEFUNDRAISING CHAIR2
RHONDA DOWNUMVOLUNTEER CHAIR2
MACKENZIE BALLEVENTS CHAIR2
MEGAN LOFTINSECRETARY4
CATHERINE CURRINMARKETING CHAIR2
MOLLY BROWNFINANCIAL LITERACY CHAIR2
ASHLEY MAYREGIONAL CHAIR2
MICHELLE MILLERBOARD MEMBER1
PHILIP D'UNGERBOARD MEMBER1
NATHAN ERICKSONBOARD MEMBER1
JUANITA EVANSBOARD MEMBER1
GIOVANNI TISOBOARD MEMBER1
KARA CHASEBOARD MEMBER1
ALEX THOMPSONBOARD MEMBER1
JACKIE GONZALEZBOARD MEMBER1
MIKE VOLOBOARD MEMBER1

Recent News & Activity

Recent developments and announcements

2025

**2025 Announcements:**

2025

The foundation announced $1.8 million in donations for 2025

The CAPTRUST Community Foundation Announces $1.8 Million in Donations for

Distributed $800,000 through the sixth annual Giving Day to 80 nonprofits across the country

Provided emergency relief of over $125,000 to eight organizations responding to Kerr County, Texas floods

2024

**2024 Activity:**

2024

Announced $1.6 million in donations for 2024

The CAPTRUST Community Foundation Announces $1.8 Million in Donations for

Distributed $750,000 through the fifth annual Giving Day to 75 nonprofits

2023

**2023 Activity:**

Distributed $600,000 through the fourth annual Giving Day to 76 nonprofits

2023

Donated more than $800,000 to nonprofits throughout 2023

Subject Areas

Focus areas based on grantmaking activity

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

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