Dumaine Farms Trust
Dumaine farms raises crops and practices various conservation methods on an experimental basis in cooperation with governmental and private agricultural
Dumaine Farms Trust at a glance
In short: Dumaine Farms Trust reported $5K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.
- Grants paid (2025)
- $5,000 — reported as a total on the IRS filing, without an itemized list
- +4900.0% vs 2024
- Total assets
- $1,614,135
- +13.0% vs 2024
- Revenue (2025)
- $207,979
- +740.3% vs 2024
- Net investment income (2025)
- $194,449
- +1633.1% vs 2024
- Expenses (2025)
- $22,070
- +49.1% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
Who Dumaine Farms Trust funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $100–250K range: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $100 (2024) to $480K (2023). In 2025 it reported $5K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| RCC Foundation Wentworth, NC | Scholarships | $250,000 |
| The NC Agricultural Raleigh, NC | Scholarships | $230,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,614,135 | $207,979 | $22,070 | $5,000 | Total only | $194,449 |
| 2024 | $1,428,226 | $24,750 | $14,800 | $100 | Total only | $11,220 |
| 2023 | $1,418,276 | $27,247 | $500,567 | $480,000 | 2 | $5,339 |
| 2022 | $1,891,597 | $21,001 | $14,896 | $5,218 | Total only | $4,591 |
| 2021 | $1,885,492 | $18,591 | $13,663 | $2,600 | Total only | $5,061 |
| 2020 | $1,880,564 | $542,238 | $19,534 | $200 | Total only | $528,708 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Dumaine Farms Trust
Based on IRS filings
Dumaine Farms Trust is a public charity, based in Reidsville, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it reported $5K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $194K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Dumaine Farms Trust is led by Scott Shoulars, Chairman on every filing since 2020; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Scott Shoulars
Chairman
On filings since 2020
1 hr/week
No compensation reported
Bobby Wharton
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Frank Green
Trustee
Treasurer → Trustee, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Philip Price
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Stacy Smothers
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Steve Gibson
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Robert Haskin
Vice Chair & Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Jason Byrd
Treasurer
Trustee → Treasurer, 2024
On filings since 2021
1 hr/week
No compensation reported
Former officers (1)
- Former: Franklin Martin (2020–2023) — Trustee
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 Dumaine Farms Trust
How much does Dumaine Farms Trust give each year?
Dumaine Farms Trust reported $5K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it reported $100 in grants paid.
How large is Dumaine Farms Trust?
Dumaine Farms Trust reported $1.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $208K.
Where does Dumaine Farms Trust operate?
Dumaine Farms Trust has awarded grants in North Carolina.
What is Dumaine Farms Trust's EIN?
Dumaine Farms Trust's EIN (Employer Identification Number) is 04-2629503. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS July 8, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 18, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 5, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 29, 2025)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS June 10, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Dumaine Farms Trust's focus areas in our free grants database
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