Fay D Carter Charitable Trust
Fay D Carter Charitable Trust is a private foundation, based in Orlando, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $615K in total assets. In 2025, it awarded 2 grants totaling $28K. Net investment income was $56K.
Fay D Carter Charitable Trust at a glance
In short: Fay D Carter Charitable Trust gave $28K across 2 grants in 2025 (avg $14K), mostly in Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $27,868
- +1.8% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $13,934
- +1.8% vs 2024
- Median grant
- $13,934
- Total assets
- $614,933
- +3.5% vs 2024
- Primary geography
- Virginia (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 Fay D Carter Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Big Brothers and Big Sisters of Danville ($14K). Together the top 2 received $28K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 8 grants of 9 (89%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Fay D Carter Charitable Trust gives
- Giving held roughly steady from 2022 to 2025 (−12%). Method
- In 2025 it paid out 102% 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 2021 to 2025, annual grant giving ranged from $27K (2024) to $64K (2021). In 2025 it made 2 grants totaling $28K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Big Brothers and Big Sisters of Danville Danville, VA | General Operating | $13,934 |
| Danville Science Cente Inc Danville, VA | General Operating | $13,934 |
Ready to take the next step with Fay D Carter Charitable Trust?
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 | $614,933 | $61,392 | $40,603 | $27,868 | 2 | $34,803 | $55,800 | $34,120 |
| 2024 | $594,262 | $14,478 | $35,222 | $27,374 | 2 | $31,809 | $12,327 | $32,302 |
| 2023 | $614,199 | $8,522 | $37,053 | $30,564 | 2 | $33,672 | $14,276 | $30,482 |
| 2022 | $643,511 | $23,971 | $40,607 | $31,602 | 2 | $35,128 | $20,259 | $34,090 |
| 2021 | $660,010 | $98,302 | $82,425 | $64,008 | 1 | — | $94,583 | $35,243 |
Under IRS private-foundation payout rules, Fay D Carter Charitable Trust reported a distributable amount of $34K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Fay D Carter Charitable Trust's only listed officer is Truist Bank, Trustee on every filing since 2022 (compensated).
Officers on the 2025 filing
Truist Bank
Trustee
On filings since 2022
1 hr/week
$7K (2022) → $11K (2025)
Former officers (1)
- Former: Truist Bank N A (2021) — Trustee
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $11K, to Truist Bank (Trustee).
Frequently asked questions about Fay D Carter Charitable Trust
How much does Fay D Carter Charitable Trust give each year?
Fay D Carter Charitable Trust gave $28K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $27K across 2 grants.
How large is Fay D Carter Charitable Trust?
Fay D Carter Charitable Trust reported $615K in total assets on its 2025 IRS Form 990-PF. It paid out $35K in qualifying distributions that year, against a required minimum of $34K (roughly 5% of its investment assets).
Where does Fay D Carter Charitable Trust operate?
Fay D Carter Charitable Trust has awarded grants in Virginia.
What is Fay D Carter Charitable Trust's EIN?
Fay D Carter Charitable Trust's EIN (Employer Identification Number) is 54-6535143. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Fay D Carter Charitable Trust's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Dominion Energy Charitable Foundation
Richmond, VA
Dominion Energy Charitable Foundation funds eligible 501(c)(3) organizations working in health and human services, education, arts and culture, civic and community development, and the environment within its operating area. Its 2024 grants ranged from $100 to $1 million, with a median of $5,000; it accepts unsolicited requests during spring and fall cycles.
Assets
$2.3M
Grants
773
Total Given
$16.4M
Gives Sunset FKA Depcom Gives
Scottsdale, AZ
Assets
—
Grants
8
Total Given
$37K
Duncan Foundation
Salem, VA
The foundation supports a broad range of charitable work, including religious activities, children in financial need, health, medical research, racial equality, and youth programs, primarily through 501(c)(3) organizations. In 2024, grants ranged from $500 to $53,000, with a median of $5,000; 85% of grant dollars went to Virginia, with some funding in Ohio, Maryland, Texas, and West Virginia. It accepts requests; applicants should contact Gary Duncan with proof of 501(c)(3) status and a description of the proposed use of funds.
Assets
$117K
Grants
32
Total Given
$304K
Sidgmore Family Foundation
Potomac, MD
The Sidgmore Family Foundation supports charitable organizations focused on education and teacher training, entrepreneurial solutions to social problems, and services for people in need, especially in the Washington, DC area; recent grants also went to organizations across several states. In 2025, grants ranged from $1,000 to $20,000, with a median of $3,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$7.3M
Grants
85
Total Given
$387K
Virginia Outdoor Adventure Inc
Virginia Beach, VA
Assets
$6.9M
Grants
2
Total Given
$5K
The Jennifer Foundation
Alexandria, VA
Assets
$596K
Grants
5
Total Given
$36K
More similar funders
More Funders in Florida
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Fay D Carter Charitable 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.
Fay D Carter Charitable Trust down — hundreds of funders to go?