Dumaine Farms Trust

Public charity · Grantmaker Reidsville, NC EIN: 04-2629503

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

<$50K$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

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

1state

Cities

RaleighWentworth

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600KTotal only2020 Total only2021 Total only2022 2 grants2023 Total only2024 Total only2025

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

RecipientPurposeAmount
RCC Foundation Wentworth, NCScholarships$250,000
The NC Agricultural Raleigh, NCScholarships$230,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$1,614,135$207,979$22,070$5,000Total only$194,449
2024$1,428,226$24,750$14,800$100Total only$11,220
2023$1,418,276$27,247$500,567$480,0002$5,339
2022$1,891,597$21,001$14,896$5,218Total only$4,591
2021$1,885,492$18,591$13,663$2,600Total only$5,061
2020$1,880,564$542,238$19,534$200Total 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.

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

  1. Updated Form 990 for fiscal year 2020 (received by the IRS July 8, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS August 18, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 5, 2023)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS May 29, 2025)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
  6. Added Form 990 for fiscal year 2025 (received by the IRS June 10, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Dumaine Farms Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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