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
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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
The Hillbrook Gkp Iii Foundation Inc
GREENSBORO, NC
Assets
$32K
Grants
1
Total Given
$2K
Rotary Club of Salisbury Charities
SALISBURY, NC
Assets
$39K
Grants
1
Total Given
$50K
Ihope Foundation
GREENSBORO, NC
Assets
$10K
Grants
1
Total Given
$20K
Orange County Partnership for Young
HILLSBOROUGH, NC
Assets
$477K
Grants
18
Total Given
$2.1M
North Carolina Baptist Hospital
WINSTONSALEM, NC
Assets
$2.8B
Grants
17
Total Given
$634K
The Anne Shuford Mcbryde
ASHEVILLE, NC
Assets
$970K
Grants
19
Total Given
$49K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Childtrust Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities