Chicita Culberson Charitable Trust

PENNINGTON, NJ EIN: 30-6737793

Chicita Culberson Charitable Trust is a private foundation, based in PENNINGTON, NJ. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 3 grants totaling $79K. Net investment income was $109K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.8M

+43.8% YoY

Annual Giving

$79K

+87.9% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$26K

+25.3% YoY

Under IRS private-foundation payout rules, Chicita Culberson Charitable Trust reported a distributable amount of $168K for 2024 — the minimum it must pay out in qualifying distributions.

About Chicita Culberson Charitable Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $121K (100%)

States

North Carolina

Cities

Chapel HillDurham

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$3,775,328	$2,625,220
Revenue	$1,279,156	$2,683,670
Expenses	$129,003	$51,538
Qualifying Distributions	$107,248	$47,075
Net Investment Income	$108,991	$26,342
Distributable Amount	$168,133	$32,304

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

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Duke University ($31,567), Nc Botanical Garden ($23,675), Sarah P Duke Gardens ($23,675).

Recipient	Purpose	Amount
NC BOTANICAL GARDEN CHAPEL HILL, NC	GENERAL OPERATING	$23,675
SARAH P DUKE GARDENS DURHAM, NC	GENERAL OPERATING	$23,675
DUKE UNIVERSITY DURHAM, NC	GENERAL OPERATING	$31,567

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA N A	TRUSTEE	2	$47,219

Frequently Asked Questions

How large is Chicita Culberson Charitable Trust?

As of 2024, Chicita Culberson Charitable Trust holds $3.8M in total assets with $1.3M in annual revenue. It awarded 3 grants totaling $79K in 2024.

Where does Chicita Culberson Charitable Trust operate?

Chicita Culberson Charitable Trust has awarded grants in North Carolina.

What size grants does Chicita Culberson Charitable Trust award?

In 2024, Chicita Culberson Charitable Trust awarded 3 grants totaling $79K — an average of about $26K per grant, based on its IRS Form 990 filings.

How much is Chicita Culberson Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Chicita Culberson Charitable Trust reported a distributable amount of $168K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Chicita Culberson Charitable Trust's EIN?

Chicita Culberson Charitable Trust's EIN (Employer Identification Number) is 30-6737793. IRS Form 990 filing data is available on this page for 2023–2024.