Eunice Garner Tr Fbo Ecarolina Univ

PENNINGTON, NJ EIN: 22-3614253

Eunice Garner Tr Fbo Ecarolina Univ is a private foundation focused on Education, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $783K in total assets. In 2024, it awarded 1 grants totaling $34K. Net investment income was $197K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$783K

+24.4% YoY

Annual Giving

$34K

+6.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$34K

+6.9% YoY

Under IRS private-foundation payout rules, Eunice Garner Tr Fbo Ecarolina Univ reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.

About Eunice Garner Tr Fbo Ecarolina Univ

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $147K (100%)

States

North Carolina

Cities

Greenville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$782,520	$628,978	$634,182
Revenue	$204,117	$33,797	$71,250
Expenses	$50,763	$39,706	$46,433
Qualifying Distributions	$43,861	$35,711	$39,364
Net Investment Income	$197,135	$30,367	$65,437
Distributable Amount	$39,635	$37,875	$39,743

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 Medical Foundation of Ecu Inc ($33,571).

Recipient	Purpose	Amount
MEDICAL FOUNDATION OF ECU INC GREENVILLE, NC	GENERAL OPERATING	$33,571

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA N A	TRUSTEE	2	$17,149

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Eunice Garner Tr Fbo Ecarolina Univ?

Eunice Garner Tr Fbo Ecarolina Univ is a private foundation focused on Education, based in PENNINGTON, NJ. It holds $783K in total assets as of 2024.

How large is Eunice Garner Tr Fbo Ecarolina Univ?

As of 2024, Eunice Garner Tr Fbo Ecarolina Univ holds $783K in total assets with $204K in annual revenue. It awarded 1 grants totaling $34K in 2024.

Where does Eunice Garner Tr Fbo Ecarolina Univ operate?

Eunice Garner Tr Fbo Ecarolina Univ has awarded grants in North Carolina.

What size grants does Eunice Garner Tr Fbo Ecarolina Univ award?

In 2024, Eunice Garner Tr Fbo Ecarolina Univ awarded 1 grants totaling $34K — an average of about $34K per grant, based on its IRS Form 990 filings.

How much is Eunice Garner Tr Fbo Ecarolina Univ required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Eunice Garner Tr Fbo Ecarolina Univ reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Eunice Garner Tr Fbo Ecarolina Univ's EIN?

Eunice Garner Tr Fbo Ecarolina Univ's EIN (Employer Identification Number) is 22-3614253. IRS Form 990 filing data is available on this page for 2020–2024.