Harry Sultan Charitable Trust

RALEIGH, NC EIN: 56-6034671

Harry Sultan Charitable Trust is a private foundation, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $286K in total assets. In 2024, it awarded 3 grants totaling $16K. Net investment income was $13K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$286K

-0.7% YoY

Annual Giving

$16K

+1.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$5K

+1.3% YoY

Under IRS private-foundation payout rules, Harry Sultan Charitable Trust reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.

About Harry Sultan Charitable Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Colorado $81K (99%)

North Carolina $560 (1%)

States

Colorado North Carolina

Cities

DenverNew Bern

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$286,184	$288,277	$312,239
Revenue	$20,791	$-427	$21,859
Expenses	$23,373	$22,905	$26,548
Qualifying Distributions	$15,880	$15,669	$18,332
Net Investment Income	$13,087	$210	$14,386
Distributable Amount	$16,035	$14,981	$15,557

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include National Jewish Health ($15,768), Temple B'nai Sholem ($100), New Bern Jewish Cemetery ($12).

Recipient	Purpose	Amount
TEMPLE B'NAI SHOLEM NEW BERN, NC	GENERAL NEEDS OF	$100
NEW BERN JEWISH CEMETERY NEW BERN, NC	GENERAL PURPOSE	$12
NATIONAL JEWISH HEALTH DENVER, CO	GENERAL PURPOSE	$15,768

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
FIRST CITIZENS BANK	TRUSTEE	—	$6,656

Frequently Asked Questions

How large is Harry Sultan Charitable Trust?

As of 2024, Harry Sultan Charitable Trust holds $286K in total assets with $21K in annual revenue. It awarded 3 grants totaling $16K in 2024.

Where does Harry Sultan Charitable Trust operate?

Harry Sultan Charitable Trust has awarded grants in Colorado, North Carolina.

What size grants does Harry Sultan Charitable Trust award?

In 2024, Harry Sultan Charitable Trust awarded 3 grants totaling $16K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Harry Sultan Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Harry Sultan Charitable Trust reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.