Carter Charitable Foundation Trust
Carter Charitable Foundation Trust is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $875K in total assets. In 2024, it awarded 3 grants totaling $69K. Net investment income was $11K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$875K
-2.5% YoY
Annual Giving
$69K
Grant Count
3
Avg Grant Size
$23K
Under IRS private-foundation payout rules, Carter Charitable Foundation Trust reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.
About Carter Charitable Foundation Trust
Based on IRS filings
Carter Charitable Foundation Trust is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $875K in total assets. In 2024, it awarded 3 grants totaling $69K. Net investment income was $11K.
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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 | $875,268 | $897,269 | $900,547 |
| Revenue | $61,891 | $7,503 | $54,378 |
| Expenses | $91,588 | $10,781 | $65,378 |
| Qualifying Distributions | $69,270 | — | $52,469 |
| Net Investment Income | $11,329 | $16,532 | $2,062 |
| Distributable Amount | $46,525 | $43,764 | $46,581 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Clemson University Iptay ($31,172), Winthrop University ($20,781), Usc School of Law ($17,317).
| Recipient | Purpose | Amount |
|---|---|---|
| USC SCHOOL OF LAW COLUMBIA, SC | EDUCATION SCHOLARSHIPS | $17,317 |
| CLEMSON UNIVERSITY IPTAY CLEMSON, SC | EDUCATION SCHOLARSHIPS | $31,172 |
| WINTHROP UNIVERSITY ROCK HILL, SC | EDUCATION SCHOLARSHIPS | $20,781 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TRUIST BANK | TRUSTEE | — | — |
Frequently Asked Questions
How large is Carter Charitable Foundation Trust?
As of 2024, Carter Charitable Foundation Trust holds $875K in total assets with $62K in annual revenue. It awarded 3 grants totaling $69K in 2024.
Where does Carter Charitable Foundation Trust operate?
Carter Charitable Foundation Trust has awarded grants in South Carolina.
What size grants does Carter Charitable Foundation Trust award?
In 2024, Carter Charitable Foundation Trust awarded 3 grants totaling $69K — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is Carter Charitable Foundation Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Carter Charitable Foundation Trust reported a distributable amount of $47K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Carter Charitable Foundation Trust's EIN?
Carter Charitable Foundation Trust's EIN (Employer Identification Number) is 20-6062344. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Carter Charitable Foundation 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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