Cornelia C Troutman Charitable Trust
Cornelia C Troutman Charitable Trust is a private foundation, based in Raleigh, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $201K in total assets. In 2025, it awarded 3 grants totaling $12K. Net investment income was $7K.
Cornelia C Troutman Charitable Trust at a glance
In short: Cornelia C Troutman Charitable Trust gave $12K across 3 grants in 2025 (avg $4K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $11,790
- +7.0% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $3,930
- +7.0% vs 2024
- Median grant
- $3,930
- Total assets
- $200,662
- -2.5% vs 2024
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Cornelia C Troutman Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Wake County SPCA ($4K). Together the top 3 received $12K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 15 grants of 15 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Cornelia C Troutman Charitable Trust gives
- Giving held roughly steady from 2022 to 2025 (−14%). Method
- In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $11K (2024) to $14K (2022). In 2025 it made 3 grants totaling $12K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wake County SPCA Raleigh, NC | General Purpose of | $3,930 |
| Transitions Lifecare Raleigh, NC | Support for the Terminally | $3,930 |
| Interact Raleigh, NC | General Purpose of | $3,930 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $200,662 | $14,521 | $19,646 | $11,790 | 3 | $11,790 | $6,847 | $12,570 |
| 2024 | $205,787 | $13,660 | $18,106 | $11,020 | 3 | $11,020 | $6,476 | $11,789 |
| 2023 | $210,162 | $18 | $18,564 | $11,559 | 3 | $11,559 | — | $11,021 |
| 2022 | $228,738 | $13,050 | $21,194 | $13,665 | 3 | $13,665 | $5,974 | $11,558 |
| 2021 | $237,088 | $28,488 | $19,106 | $11,790 | 3 | $11,790 | $21,356 | $13,666 |
| 2020 | $227,315 | $16,846 | $18,965 | $11,976 | 3 | — | $9,819 | $11,790 |
Under IRS private-foundation payout rules, Cornelia C Troutman Charitable Trust reported a distributable amount of $13K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Cornelia C Troutman Charitable Trust's only listed officer is First Citizens Bank, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
First Citizens Bank
Trustee
On filings since 2020
1 hr/week
$6K (2020) → $7K (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $7K, to First Citizens Bank (Trustee).
Frequently asked questions about Cornelia C Troutman Charitable Trust
How much does Cornelia C Troutman Charitable Trust give each year?
Cornelia C Troutman Charitable Trust gave $12K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $11K across 3 grants.
What is Cornelia C Troutman Charitable Trust's typical grant size?
Cornelia C Troutman Charitable Trust's median grant in 2025 was $3,930, and its average grant was $3,930, across 3 grants on its 2025 IRS Form 990-PF.
Where does Cornelia C Troutman Charitable Trust give grants?
Cornelia C Troutman Charitable Trust gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Raleigh, NC (3 grants).
Does Cornelia C Troutman Charitable Trust give general operating support?
Yes: 67% of Cornelia C Troutman Charitable Trust's 2025 grants with a stated purpose (2 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Cornelia C Troutman Charitable Trust?
Cornelia C Troutman Charitable Trust reported $201K in total assets on its 2025 IRS Form 990-PF. It paid out $12K in qualifying distributions that year, against a required minimum of $13K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 4, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
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