George and Marion Craig Education Tr

Private foundation · Grantmaker Orlando, FL EIN: 32-6365779

George and Marion Craig Education Tr is a private foundation, based in Orlando, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $928K in total assets. In 2025, it awarded 9 grants totaling $56K. Net investment income was $40K.

Key facts about George and Marion Craig Education Tr

In short: George and Marion Craig Education Tr gave $56K across 9 grants in 2025 (avg $6K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

EIN
32-6365779
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$56,124
Grants made (2025)
9
Average grant
$6,236
Median grant
$7,150
Total assets
$927,654
Primary geography
North Carolina (94% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$928K

-2.2% YoY

Annual Giving

$56K

+24.7% YoY

Grant Count

9

-47.1% YoY

Avg Grant Size

$6K

+135.6% YoY

Under IRS private-foundation payout rules, George and Marion Craig Education Tr reported a distributable amount of $55K for 2025 — the minimum it must pay out in qualifying distributions.

How George and Marion Craig Education Tr gives

  • Giving held roughly steady from 2022 to 2025 (+11%). Method
  • In 2025 it paid out 114% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 9 itemized grants.

Cities

RaleighChapel HillBooneCharlotteWingateGreensboroHictoryKnoxvilleAtlantaDurhamGreensborlHamletWilmingtonConcordCullowheePembrokeWadesboro

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K12 grants2020 18 grants2021 16 grants2022 15 grants2023 17 grants2024 9 grants2025

From 2020 to 2025, annual grant giving ranged from $45K (2024) to $56K (2025). In 2025 it made 9 grants totaling $56K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

Payton Buckingham Co Western Carol: $8KPayton Buckingham Co WesternCarol$8KAalysa Liles Co Appalachian State: $7KAalysa Liles Co AppalachianState$7KAbigal Wilson Co UNC Chapel Hill: $7KAbigal Wilson Co UNC ChapelHill$7KJamie RAE Howard Co Wingate University: $7KJamie RAE Howard Co WingateUniversity$7KLuke Hyatt Co Guilford College: $7KLuke Hyatt Co Guilford College$7KNevar Sturdivant Co NC State Unive: $7KNevar Sturdivant Co NC StateUnive$7KErin Lookabill Co Lenoir-Rhyne UNI: $7KErin Lookabill Co Lenoir-RhyneUNI$7KSydnee Davis Co Spelman College: $4KSydnee Davis Co SpelmanCollege$4KCharity Harris Corichmond Community: $1KCharity Harris CorichmondCommunity$1K

The largest 2025 recipient was Payton Buckingham Co Western Carol ($8K). Together the top 9 received $56K.

Grant Size Distribution

75 grants across all recorded years

75<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 75 grants of 75 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Payton Buckingham Co Western Carol Cullowhee, NCScholarship$8,400
Aalysa Liles Co Appalachian State Boone, NCScholarship$7,150
Abigal Wilson Co UNC Chapel Hill Chapel Hill, NCScholarship$7,150
Jamie RAE Howard Co Wingate University Wingate, NCScholarship$7,150
Luke Hyatt Co Guilford College Greensborl, NCScholarship$7,150
Nevar Sturdivant Co NC State Unive Raleigh, NCScholarship$7,150
Erin Lookabill Co Lenoir-Rhyne UNI Hictory, NCScholarship$7,149
Sydnee Davis Co Spelman College Atlanta, GAScholarship$3,575
Charity Harris Corichmond Community Hamlet, NCScholarship$1,250

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$927,654$948,969$946,744
Revenue$46,292$59,988$-4,088
Expenses$70,295$58,101$63,324
Qualifying Distributions$63,229$52,206$56,157
Net Investment Income$40,299$53,029$22,303
Distributable Amount$55,239$50,366$48,033

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 4, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 2, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 17, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 18, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 16, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

George and Marion Craig Education Tr'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

    12 hrs/week

    $14K (2022) → $11K (2025)

Data from IRS Form 990 filings, 2022–2025. "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

Truist Bank — Trustee: $11KTruist BankTrustee$11K

The highest reported compensation on the 2025 filing was $11K, to Truist Bank (Trustee).

Frequently asked questions about George and Marion Craig Education Tr

How much does George and Marion Craig Education Tr give each year?

George and Marion Craig Education Tr gave $56K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $45K across 17 grants.

What is George and Marion Craig Education Tr's typical grant size?

George and Marion Craig Education Tr's median grant in 2025 was $7,150, and its average grant was $6,236, across 9 grants on its 2025 IRS Form 990-PF.

Where does George and Marion Craig Education Tr give grants?

George and Marion Craig Education Tr gives mostly in North Carolina: 94% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Georgia (6%).

Does George and Marion Craig Education Tr give general operating support?

Not in 2025: none of the 9 grants with a stated purpose on George and Marion Craig Education Tr's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (9 grants).

Who are George and Marion Craig Education Tr's largest grantees?

George and Marion Craig Education Tr's largest 2025 grantees include Payton Buckingham Co Western Carol ($8,400), Aalysa Liles Co Appalachian State ($7,150) and Abigal Wilson Co UNC Chapel Hill ($7,150), according to its 2025 IRS Form 990-PF. Together they received 40% of its itemized 2025 grant dollars.

How large is George and Marion Craig Education Tr?

George and Marion Craig Education Tr reported $928K in total assets on its 2025 IRS Form 990-PF. It paid out $63K in qualifying distributions that year, against a required minimum of $55K (roughly 5% of its investment assets).

What is George and Marion Craig Education Tr's EIN?

George and Marion Craig Education Tr's EIN (Employer Identification Number) is 32-6365779. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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