Grantham Charitable Trust CO
Grantham Charitable Trust CO is a private foundation, based in Raleigh, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 2 grants totaling $88K. Net investment income was $75K.
Grantham Charitable Trust CO at a glance
In short: Grantham Charitable Trust CO gave $88K across 2 grants in 2025 (avg $44K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $87,924
- +7.0% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $43,962
- +7.0% vs 2024
- Median grant
- $43,962
- Total assets
- $1,583,908
- -0.9% vs 2024
- Primary geography
- North Carolina (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 Grantham Charitable Trust CO funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Wake Forest University ($44K). Together the top 2 received $88K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Grantham Charitable Trust CO gives
- Giving held roughly steady from 2022 to 2025 (−12%). Method
- In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2019 to 2025, annual grant giving ranged from $82K (2024) to $99K (2022). In 2025 it made 2 grants totaling $88K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wake Forest University Winston-Salem, NC | Annual Distribution | $43,962 |
| Mount Olive College Mount Olive, NC | Annual Distribution | $43,962 |
Ready to take the next step with Grantham Charitable Trust CO?
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 | $1,583,908 | $98,098 | $113,225 | $87,924 | 2 | $87,924 | $74,611 | $94,547 |
| 2024 | $1,598,935 | $102,105 | $109,681 | $82,142 | 2 | $82,142 | $74,420 | $87,924 |
| 2023 | $1,606,293 | $-20,964 | $110,754 | $85,478 | 2 | $85,478 | $18,270 | $82,143 |
| 2022 | $1,737,001 | $67,730 | $129,183 | $99,352 | 2 | $99,352 | $40,591 | $85,478 |
| 2021 | $1,801,164 | $184,008 | $121,178 | $87,894 | 2 | $87,894 | $153,317 | $99,351 |
| 2020 | $1,727,599 | $136,258 | $114,792 | $88,760 | 2 | — | $109,456 | $87,894 |
| 2019 | $1,716,685 | $71,295 | $115,444 | $89,208 | 2 | — | $45,142 | $88,761 |
Under IRS private-foundation payout rules, Grantham Charitable Trust CO reported a distributable amount of $95K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Grantham Charitable Trust CO's only listed officer is First Citizens Bank, Trustee on every filing since 2019 (compensated).
Officers on the 2025 filing
First Citizens Bank
Trustee
On filings since 2019
40 hrs/week
$24K (2019) → $22K (2025)
Data from IRS Form 990 filings, 2019–2025. "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 $22K, to First Citizens Bank (Trustee).
Frequently asked questions about Grantham Charitable Trust CO
How much does Grantham Charitable Trust CO give each year?
Grantham Charitable Trust CO gave $88K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $82K across 2 grants.
How large is Grantham Charitable Trust CO?
Grantham Charitable Trust CO reported $1.6M in total assets on its 2025 IRS Form 990-PF. It paid out $88K in qualifying distributions that year, against a required minimum of $95K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Grantham Charitable Trust CO operate?
Grantham Charitable Trust CO has awarded grants in North Carolina.
What is Grantham Charitable Trust CO's EIN?
Grantham Charitable Trust CO's EIN (Employer Identification Number) is 56-6180731. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 7, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 4, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
Explore Open Grants
Browse active grant opportunities in Grantham Charitable Trust CO's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in North Carolina
The Allayne and Douglas Wick Foundation
Gates Mills, OH
The foundation’s 2025 grants supported charitable organizations in areas including food assistance, education, health and mental health, arts and culture, and historic preservation, with most funding going to Ohio and smaller shares to Massachusetts, New Hampshire, New York, and North Carolina. It made 59 grants totaling $383,677; awards ranged from $500 to $252,677, with a median of $1,500. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$695K
Grants
59
Total Given
$384K
Boyle Family Foundation
Chicago, IL
The Boyle Family Foundation supports a range of organizations, with recent grants benefiting health and medical research, education, hunger relief, and youth development; its 2025 grants ranged from $2,500 to $100,000, with a median of $15,000. Based in Chicago, it gave the largest shares to recipients in Illinois, New York, Minnesota, Tennessee, and Massachusetts. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$18.3M
Grants
55
Total Given
$1.1M
The Sanders Family Foundation
Greenville, SC
The Sanders Family Foundation supports education, religious, and charitable purposes, including schools, universities, community organizations, and cultural institutions in South Carolina. Its 2025 grants ranged from $10,000 to $170,000, with a median grant of $20,000. It gives only to preselected organizations and does not accept unsolicited funding requests.
Assets
$1.6M
Grants
11
Total Given
$465K
Ellen & Munroe Best Family Foundation
Goldsboro, NC
The Ellen & Munroe Best Family Foundation supports charitable organizations, with recent grants going to education, youth services, the arts, and international medical work. In 2024, grants ranged from $150 to $11,500, with a median of $1,000; most funding went to North Carolina, with some grants in Florida and South Carolina. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$975K
Grants
27
Total Given
$51K
Dorothy Harrison Egan Foundation
Nantucket, MA
The Dorothy Harrison Egan Foundation primarily funds scholarships for students pursuing health- or health care-related studies, and its recent grants also include general support for organizations. In 2025, grants ranged from $1,000 to $55,000, with a median of $7,488; funding was concentrated in Massachusetts. Its 2024 filing says scholarship applicants should submit a written request, but does not state whether unsolicited organizational requests are accepted.
Assets
$6.1M
Grants
76
Total Given
$663K
Ewing Marion Kauffman Foundation
Kansas City, MO
The foundation funds college access and completion, workforce and career development, entrepreneurship, and related efforts to improve economic mobility, with a primary focus on Kansas City and support for regional and national work. Its 2024 grants had a median of $75,000; it accepts requests through its online portal and says it does not limit giving to preselected organizations.
Assets
$2.5B
Grants
364
Total Given
$95.0M
More similar funders
More Funders in North Carolina
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Grantham Charitable Trust CO'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.
Grantham Charitable Trust CO down — hundreds of funders to go?