Frances K Lynch Charitable Trust
Frances K Lynch Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SMITHFIELD, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $376K in total assets. In 2024, it awarded 1 grants totaling $19K. Net investment income was $20K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$376K
-1.0% YoY
Annual Giving
$19K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$19K
+0.0% YoY
Under IRS private-foundation payout rules, Frances K Lynch Charitable Trust reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.
About Frances K Lynch Charitable Trust
Based on IRS filings
Frances K Lynch Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SMITHFIELD, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $376K in total assets. In 2024, it awarded 1 grants totaling $19K. Net investment income was $20K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $376,149 | $380,088 | $368,469 |
| Revenue | $24,367 | $15,111 | $17,015 |
| Expenses | $26,744 | $24,399 | $29,106 |
| Qualifying Distributions | $20,395 | $20,324 | $22,528 |
| Net Investment Income | $20,224 | $11,224 | $12,841 |
| Distributable Amount | $18,804 | $17,743 | $18,709 |
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 Thanksgiving Baptist Church ($18,960).
| Recipient | Purpose | Amount |
|---|---|---|
| THANKSGIVING BAPTIST CHURCH SELMA, NC | CONSTRUCTION OF EDUCATION WING | $18,960 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARTER M JONES | TRUSTEE | 1 | $2,869 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Frances K Lynch Charitable Trust?
Frances K Lynch Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SMITHFIELD, NC. It holds $376K in total assets as of 2024.
How large is Frances K Lynch Charitable Trust?
As of 2024, Frances K Lynch Charitable Trust holds $376K in total assets with $24K in annual revenue. It awarded 1 grants totaling $19K in 2024.
Where does Frances K Lynch Charitable Trust operate?
Frances K Lynch Charitable Trust has awarded grants in North Carolina.
What size grants does Frances K Lynch Charitable Trust award?
In 2024, Frances K Lynch Charitable Trust awarded 1 grants totaling $19K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is Frances K Lynch Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Frances K Lynch Charitable Trust reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frances K Lynch Charitable Trust's EIN?
Frances K Lynch Charitable Trust's EIN (Employer Identification Number) is 84-2358773. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Frances K Lynch Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.