D Michael Warner-Elizabeth Craven
D Michael Warner-Elizabeth Craven is a private foundation, based in Chapel Hill, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.9M in total assets. In 2025, it awarded 3 grants totaling $1.1M. Net investment income was $356K.
D Michael Warner-Elizabeth Craven at a glance
In short: D Michael Warner-Elizabeth Craven gave $1.1M across 3 grants in 2025 (avg $358K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,073,685
- -0.5% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $357,895
- -0.5% vs 2024
- Median grant
- $125,000
- Total assets
- $4,904,415
- +5.7% 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 D Michael Warner-Elizabeth Craven funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Planned Parenthood South Atlantic ($849K). Together the top 3 received $1.1M.
Grant Size Distribution
21 grants across all recorded years
The most common grant size was in the $100–250K range: 10 grants of 21 (48%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How D Michael Warner-Elizabeth Craven gives
- Giving grew 69% from 2022 to 2025. Method
- In 2025 it paid out 524% of its IRS minimum distribution (the 5% rule). 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 $485K (2023) to $1.1M (2024). In 2025 it made 3 grants totaling $1.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Planned Parenthood South Atlantic Raleigh, NC | To Provide Support | $848,685 |
| NC Justice & Community Dev Center Raleigh, NC | To Provide Support | $125,000 |
| Democracy NC Durham, NC | To Provide Support | $100,000 |
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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 | $4,904,415 | $1,243,902 | $1,114,469 | $1,073,685 | 3 | $1,075,949 | $355,755 | $205,255 |
| 2024 | $4,637,790 | $419,094 | $1,120,461 | $1,079,393 | 3 | $1,081,450 | $385,441 | $222,023 |
| 2023 | $5,328,861 | $346,222 | $524,407 | $485,000 | 4 | $486,325 | $312,484 | $261,351 |
| 2022 | $5,125,185 | $519,160 | $684,096 | $635,000 | 6 | $640,037 | $481,798 | $269,721 |
| 2021 | $7,147,459 | $377,790 | $552,628 | $500,000 | 5 | $504,540 | $334,349 | $329,081 |
| 2020 | $6,812,483 | $435,067 | $627,740 | $580,000 | 7 | — | $393,550 | $293,164 |
Under IRS private-foundation payout rules, D Michael Warner-Elizabeth Craven reported a distributable amount of $205K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
D Michael Warner-Elizabeth Craven's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
D. Michael Warner
Trustee
On filings since 2020
No compensation reported
Elizabeth B. Craven
Trustee
On filings since 2020
20 hrs/week
No compensation reported
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.
Frequently asked questions about D Michael Warner-Elizabeth Craven
How much does D Michael Warner-Elizabeth Craven give each year?
D Michael Warner-Elizabeth Craven gave $1.1M across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.1M across 3 grants.
What is D Michael Warner-Elizabeth Craven's typical grant size?
D Michael Warner-Elizabeth Craven's median grant in 2025 was $125,000, and its average grant was $357,895, across 3 grants on its 2025 IRS Form 990-PF.
Where does D Michael Warner-Elizabeth Craven give grants?
D Michael Warner-Elizabeth Craven 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 (2 grants).
Does D Michael Warner-Elizabeth Craven give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on D Michael Warner-Elizabeth Craven's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Provide Support" (3 grants).
How large is D Michael Warner-Elizabeth Craven?
D Michael Warner-Elizabeth Craven reported $4.9M in total assets on its 2025 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $205K (roughly 5% of its investment assets).
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 5, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 27, 2026)
- IRS filings on file for fiscal years 2020–2025
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