ChildTrust Foundation is a private foundation based in Raleigh, North Carolina, established in 2003 as the charitable arm of Investors Management Corporation (IMC). The foundation received tax-exempt status in August 2006. ChildTrust Foundation invests in early education and literacy efforts with an emphasis on work that strives toward equity for children and families historically underserved by early childhood systems.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$21.0M
+4.5% YoY
Annual Giving
$1.0M
-35.5% YoY
Grant Count
22
-24.1% YoY
Avg Grant Size
$46K
-15.0% YoY
Under IRS private-foundation payout rules, Childtrust Foundation reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
ChildTrust Foundation is dedicated to promoting education and literacy in North Carolina, with a specific focus on children from birth through age eight. The foundation's mission centers on ensuring all North Carolina children can read proficiently by the end of third grade, with particular attention to those impacted by racial and economic injustice.
The foundation operates two primary grant categories:
- Program Grants — for education organizations from Raleigh to the coast that serve young children, their families, and early educators
- Policy Grants — for statewide advocacy and policy organizations working to elevate early childhood education and literacy in North Carolina
Grantmaking
Grant Range
of approximately $35,000.
How to Apply
** Organizations should contact the Director of Strategic Philanthropy to start a conversation and ensure the organization is a good fit before submitting a proposal. Decision time is approximately one month.
Ready to take the next step with Childtrust Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds work in North Carolina, with specific geographic distinctions:
- Program Grants: Focus on Wake County and eastern North Carolina
- Policy Grants: Statewide focus across North Carolina
The foundation has also funded work in Massachusetts, Delaware, and Washington.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $20,954,453 (2024)
- Total Giving: $1,004,125 (2024)
- Total Revenue: $2,729,438 (2024)
- Total Expenses: $1,649,548 (2024)
- Number of Employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,954,453 | $20,057,862 | $20,884,915 |
| Revenue | $2,729,438 | $4,201,136 | $1,836,882 |
| Expenses | $1,649,548 | $2,557,642 | $1,605,006 |
| Qualifying Distributions | $1,004,125 | $1,557,500 | $1,157,400 |
| Net Investment Income | $1,729,438 | $3,044,784 | $641,371 |
| Distributable Amount | $1,295,160 | $256,776 | $1,171,285 |
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
146 grants across all recorded years
Open Grants
2 open opportunities from Childtrust Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Public School Forum of Nc Inc ($115,000), Nc Community Foundation ($100,000), Ymca of the Triangle ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BERTIE COUNTY YMCA WINDSOR, NC | PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD SPIRIT, MIND, AND BODY. | $10,000 |
| BOY SCOUTS OF AMERICA - OCCONEECHEE COUNCIL RALEIGH, NC | TO PREPARE YOUNG PEOPLE TO MAKE ETHICAL CHOICES BY TEACHING THEM THE VALUES OF THE SCOUT OATH AND LAW. | $10,000 |
| BOYS AND GIRLS CLUB OF ALBEMARLE EDENTON, NC | DESIGNED SOLELY FOR YOUTH DEVELOPMENT PURPOSES. | $50,000 |
| BOYS AND GIRLS CLUB OF WAKE COUNTY INC RALEIGH, NC | DESIGNED SOLELY FOR YOUTH DEVELOPMENT PURPOSES. | $35,000 |
| CAMPBELL UNIVERSITY BUIES CREEK, NC | TO GRADUATE PREPARED STUDENTS AND CONTINUE TO EXPAND OUR COMMUNITY AND INDUSTRY CRITICAL PROGRAMS. | $10,000 |
| DOWN EAST PARTNERSHIP FOR CHILDREN ROCKY MOUNT, NC | TO LAUNCH EVERY CHILD AS A HEALTHY, LIFELONG LEARNER BY THE END OF THIRD GRADE. | $20,000 |
| EAST WAKE EDUCATION FOUNDATION WENDELL, NC | ADVOCATE FOR AREA SCHOOLS IN EASTERN WAKE COUNTY. | $15,000 |
| EDGECOMBE COUNTY PUBLIC SCHOOLS TARBORO, NC | TO GRADUATE PREPARED STUDENTS AND CONTINUE TO EXPAND OUR COMMUNITY AND INDUSTRY CRITICAL PROGRAMS. | $50,000 |
| KIPP NORTH CAROLINA PUBLIC SCHOOLS DURHAM, NC | PROVIDING THE HIGHEST QUALITY EDUCATION TO STUDENTS IN ECONOMICALLY DISADVANTAGED COMMUNITIES ACROSS NORTH CAROLINA. | $50,000 |
| NC BUSINESS LEADERS FOR EDUCATION CARY, NC | TO IMPROVE NORTH CAROLINA'S EDUCATION SYSTEM THROUGH POLICY AND ADVOCACY. | $20,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- James H. Maynard — President (serving without compensation)
- Easter A. Maynard — Vice President/Executive Director (serving without compensation)
- Richard A. Urquhart III — Treasurer (serving without compensation)
- Ronald M. Barbee — Secretary (serving without compensation)
- Theodore M. Fowler — Director (serving without compensation)
- Cyndi Soter O'Neil — Director of Strategic Philanthropy
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES H MAYNARD | PRESIDENT | 1 | — |
| EASTER A MAYNARD | VICE PRESIDENT | 5 | — |
| RICHARD A URQUHART III | TREASURER | 1 | — |
| RONALD M BARBEE | SECRETARY | 3 | — |
| THEODORE M FOWLER | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
In 2024, the foundation made 29 grants to various grantees. Recent grant recipients include Camp Corral, Public School Forum of NC, Northwest NC Community Foundation, and Reach Out and Read, among others.
State grant funds health care programs at NC community collegesThe foundation is an active member of the Early Childhood Funders Collaborative and participates in Invest Early NC, a network of early childhood funders working to increase reach and impact through collaborative efforts.
Major Grant Kickstarts New Online Hub Tackling Child Poverty | The ChildhoodSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Childtrust Foundation fund?
ChildTrust Foundation is dedicated to promoting education and literacy in North Carolina, with a specific focus on children from birth through age eight. The foundation's mission centers on ensuring all North Carolina children can read proficiently by the end of third grade, with particular attention to those impacted by racial and economic injustice. The foundation operates two primary grant categories: • **Program Grants** — for education organizations from Raleigh to the coast that serve you…
How do I apply for a grant from Childtrust Foundation?
**Grant Amounts:** Typical awards range from $10,000 to $250,000, with a median grant size of approximately $35,000. **Annual Giving:** The foundation distributed approximately $1.6 million in grants annually (2023-2024 data). **Application Process:** Organizations should contact the Director of Strategic Philanthropy to start a conversation and ensure the organization is a good fit before submitting a proposal. Decision time is approximately one month. **Approach:** The foundation's grantmakin…
Where does Childtrust Foundation make grants?
The foundation primarily funds work in North Carolina, with specific geographic distinctions: • **Program Grants:** Focus on Wake County and eastern North Carolina • **Policy Grants:** Statewide focus across North Carolina The foundation has also funded work in Massachusetts, Delaware, and Washington.
What size grants does Childtrust Foundation award?
In 2024, Childtrust Foundation awarded 22 grants totaling $1.0M — an average of about $46K per grant, based on its IRS Form 990 filings.
How much is Childtrust Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Childtrust Foundation reported a distributable amount of $1.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Childtrust Foundation's EIN?
Childtrust Foundation's EIN (Employer Identification Number) is 20-0477249. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Childtrust Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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