Cornelia C Troutman Charitable Trust

Foundation · Grantmaker RALEIGH, NC EIN: 56-6409895

Cornelia C Troutman Charitable Trust is a private foundation, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $206K in total assets. In 2024, it awarded 3 grants totaling $11K. Net investment income was $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$206K

-2.1% YoY

Annual Giving

$11K

-4.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$4K

-4.7% YoY

Under IRS private-foundation payout rules, Cornelia C Troutman Charitable Trust reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.

About Cornelia C Troutman Charitable Trust

Based on IRS filings

Your AI grants department

Ready to take the next step with Cornelia C Troutman Charitable Trust?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $60K (100%)

States

North Carolina

Cities

Raleigh

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$205,787	$210,162	$228,738
Revenue	$13,660	$18	$13,050
Expenses	$18,106	$18,564	$21,194
Qualifying Distributions	$11,020	$11,559	$13,665
Net Investment Income	$6,476	—	$5,974
Distributable Amount	$11,789	$11,021	$11,558

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

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Transitions Lifecare ($3,674), Wake County Spca ($3,673), Interact ($3,673).

Recipient	Purpose	Amount
WAKE COUNTY SPCA RALEIGH, NC	GENERAL PURPOSE OF	$3,673
TRANSITIONS LIFECARE RALEIGH, NC	SUPPORT FOR THE TERMINALLY	$3,674
INTERACT RALEIGH, NC	GENERAL PURPOSE OF	$3,673

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
FIRST CITIZENS BANK	TRUSTEE	1	$6,481

Frequently Asked Questions

How large is Cornelia C Troutman Charitable Trust?

As of 2024, Cornelia C Troutman Charitable Trust holds $206K in total assets with $14K in annual revenue. It awarded 3 grants totaling $11K in 2024.

Where does Cornelia C Troutman Charitable Trust operate?

Cornelia C Troutman Charitable Trust has awarded grants in North Carolina.

What size grants does Cornelia C Troutman Charitable Trust award?

In 2024, Cornelia C Troutman Charitable Trust awarded 3 grants totaling $11K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Cornelia C Troutman Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cornelia C Troutman Charitable Trust reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Cornelia C Troutman Charitable Trust's EIN?

Cornelia C Troutman Charitable Trust's EIN (Employer Identification Number) is 56-6409895. IRS Form 990 filing data is available on this page for 2020–2024.