D Michael Warner-elizabeth Craven

CHAPEL HILL, NC EIN: 81-4710242

D Michael Warner-elizabeth Craven is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHAPEL HILL, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it awarded 3 grants totaling $1.1M. Net investment income was $385K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.6M

-13.0% YoY

Annual Giving

$1.1M

+122.6% YoY

Grant Count

-25.0% YoY

Avg Grant Size

$360K

+196.7% YoY

Under IRS private-foundation payout rules, D Michael Warner-elizabeth Craven reported a distributable amount of $222K for 2024 — the minimum it must pay out in qualifying distributions.

About D Michael Warner-elizabeth Craven

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $3.3M (100%)

States

North Carolina

Cities

Chapel HillDurhamRaleigh

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,637,790	$5,328,861	$5,125,185
Revenue	$419,094	$346,222	$519,160
Expenses	$1,120,461	$524,407	$684,096
Qualifying Distributions	$1,081,450	$486,325	$640,037
Net Investment Income	$385,441	$312,484	$481,798
Distributable Amount	$222,023	$261,351	$269,721

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

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Planned Parenthood South Atlantic ($854,393), Nc Justice & Community Dev Center ($125,000), Democracy Nc ($100,000).

Recipient	Purpose	Amount
DEMOCRACY NC DURHAM, NC	TO PROVIDE SUPPORT	$100,000
NC JUSTICE & COMMUNITY DEV CENTER RALEIGH, NC	TO PROVIDE SUPPORT	$125,000
PLANNED PARENTHOOD SOUTH ATLANTIC RALEIGH, NC	TO PROVIDE SUPPORT	$854,393

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
D MICHAEL WARNER	TRUSTEE	—	—
ELIZABETH B CRAVEN	TRUSTEE	20	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is D Michael Warner-elizabeth Craven?

D Michael Warner-elizabeth Craven is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHAPEL HILL, NC. It holds $4.6M in total assets as of 2024.

How large is D Michael Warner-elizabeth Craven?

As of 2024, D Michael Warner-elizabeth Craven holds $4.6M in total assets with $419K in annual revenue. It awarded 3 grants totaling $1.1M in 2024.

Where does D Michael Warner-elizabeth Craven operate?

D Michael Warner-elizabeth Craven has awarded grants in North Carolina.

What size grants does D Michael Warner-elizabeth Craven award?

In 2024, D Michael Warner-elizabeth Craven awarded 3 grants totaling $1.1M — an average of about $360K per grant, based on its IRS Form 990 filings.

How much is D Michael Warner-elizabeth Craven required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, D Michael Warner-elizabeth Craven reported a distributable amount of $222K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is D Michael Warner-elizabeth Craven's EIN?

D Michael Warner-elizabeth Craven's EIN (Employer Identification Number) is 81-4710242. IRS Form 990 filing data is available on this page for 2020–2024.