Durham Fdn - Fletcher Heart Fd

ORLANDO, FL EIN: 56-6075981

Durham Fdn - Fletcher Heart Fd is a private foundation focused on Health, based in ORLANDO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $370K in total assets. In 2024, it awarded 1 grants totaling $13K. Net investment income was $22K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$370K

+0.5% YoY

Annual Giving

$13K

+0.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$13K

+0.8% YoY

Under IRS private-foundation payout rules, Durham Fdn - Fletcher Heart Fd reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.

About Durham Fdn - Fletcher Heart Fd

Based on IRS filings

Focus Areas

Health

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $67K (100%)

States

North Carolina

Cities

Durham

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$370,487	$368,618	$398,986
Revenue	$27,178	$-7,457	$21,685
Expenses	$25,404	$22,917	$29,395
Qualifying Distributions	$20,034	$19,234	$22,934
Net Investment Income	$21,745	$5,344	$16,459
Distributable Amount	$21,164	$19,337	$20,628

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Senior Pharmassist ($13,231).

Recipient	Purpose	Amount
SENIOR PHARMASSIST DURHAM, NC	GENERAL OPERATING	$13,231

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
TRUIST BANK	TRUSTEE	2	$10,605

Subject Areas

Focus areas based on grantmaking activity

Health

Frequently Asked Questions

What is Durham Fdn - Fletcher Heart Fd?

Durham Fdn - Fletcher Heart Fd is a private foundation focused on Health, based in ORLANDO, FL. It holds $370K in total assets as of 2024.

How large is Durham Fdn - Fletcher Heart Fd?

As of 2024, Durham Fdn - Fletcher Heart Fd holds $370K in total assets with $27K in annual revenue. It awarded 1 grants totaling $13K in 2024.

Where does Durham Fdn - Fletcher Heart Fd operate?

Durham Fdn - Fletcher Heart Fd has awarded grants in North Carolina.

What size grants does Durham Fdn - Fletcher Heart Fd award?

In 2024, Durham Fdn - Fletcher Heart Fd awarded 1 grants totaling $13K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Durham Fdn - Fletcher Heart Fd required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Durham Fdn - Fletcher Heart Fd reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Durham Fdn - Fletcher Heart Fd's EIN?

Durham Fdn - Fletcher Heart Fd's EIN (Employer Identification Number) is 56-6075981. IRS Form 990 filing data is available on this page for 2020–2024.