Henderson CC Charitable TW

Private foundation · Grantmaker Raleigh, NC EIN: 56-6067843

Henderson CC Charitable TW is a private foundation, based in Raleigh, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $7.4M in total assets. In 2025, it awarded 5 grants totaling $421K. Net investment income was $389K.

Henderson CC Charitable TW at a glance

In short: Henderson CC Charitable TW gave $421K across 5 grants in 2025 (avg $84K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$420,608
+9.3% vs 2024
Grants made (2025)
5
+0.0% vs 2024
Average grant
$84,122
+9.3% vs 2024
Median grant
$23,369
Total assets
$7,434,499
-0.6% 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 October 2026.

Who Henderson CC Charitable TW funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

UNC School of Medicine: $187KUNC School of Medicine$187KMount Olive College: $164KMount Olive College$164KUnion Presbyterian Church: $23KUnion Presbyterian Church$23KMount Olive School: $23KMount Olive School$23KFirst Presbyterian Church of Mount Olive: $23KFirst Presbyterian Church ofMount Olive$23K

The largest 2025 recipient was UNC School of Medicine ($187K). Together the top 5 received $421K.

Grant Size Distribution

25 grants across all recorded years

16<$50K1$50–100K8$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 25 (64%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 5 itemized grants.

Cities

Mount OliveChapel HillGastonia

How Henderson CC Charitable TW gives

  • Giving held roughly steady from 2022 to 2025 (−5%). 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

$0$200K$400K$600K5 grants2020 5 grants2021 5 grants2022 5 grants2023 5 grants2024 5 grants2025

From 2020 to 2025, annual grant giving ranged from $118K (2021) to $442K (2022). In 2025 it made 5 grants totaling $421K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
UNC School of Medicine Chapel Hill, NCGeneral Purposes$186,935
Mount Olive College Mount Olive, NCGeneral Purposes$163,566
Union Presbyterian Church Gastonia, NCGeneral Purposes$23,369
Mount Olive School Mount Olive, NCGeneral Purposes$23,369
First Presbyterian Church of Mount Olive Mount Olive, NCGeneral Purposes$23,369
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$7,434,499$448,851$492,163$420,6085$420,608$388,628$452,489
2024$7,477,462$537,618$444,637$384,9255$384,925$477,399$420,608
2023$7,382,850$25,671$447,348$393,5205$393,520$139,334$384,926
2022$7,793,963$416,917$565,799$442,2085$442,208$305,775$393,519
2021$7,957,995$746,945$223,237$118,1245$118,124$653,243$442,208
2020$7,413,129$484,186$202,788$119,4545—$406,117$378,448

Under IRS private-foundation payout rules, Henderson CC Charitable TW reported a distributable amount of $452K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Henderson CC Charitable TW's only listed officer is First Citizen Bank, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • First Citizen Bank

    Trustee

    On filings since 2022

    1 hr/week

    $66K (2022) → $57K (2025)

Former officers (1)
  • Former: First Citizens Bank (2020–2021) — Trustee

Data from IRS Form 990 filings, 2020–2025. "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

First Citizen Bank — Trustee: $57KFirst Citizen BankTrustee$57K

The highest reported compensation on the 2025 filing was $57K, to First Citizen Bank (Trustee).

Frequently asked questions about Henderson CC Charitable TW

How much does Henderson CC Charitable TW give each year?

Henderson CC Charitable TW gave $421K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $385K across 5 grants.

What is Henderson CC Charitable TW's typical grant size?

Henderson CC Charitable TW's median grant in 2025 was $23,369, and its average grant was $84,122, across 5 grants on its 2025 IRS Form 990-PF.

Where does Henderson CC Charitable TW give grants?

Henderson CC Charitable TW gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Mount Olive, NC (3 grants).

Does Henderson CC Charitable TW give general operating support?

Yes: 100% of Henderson CC Charitable TW's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Henderson CC Charitable TW's largest grantees?

Henderson CC Charitable TW's largest 2025 grantees include UNC School of Medicine ($186,935), Mount Olive College ($163,566) and Union Presbyterian Church ($23,369), according to its 2025 IRS Form 990-PF. Together they received 89% of its itemized 2025 grant dollars.

How large is Henderson CC Charitable TW?

Henderson CC Charitable TW reported $7.4M in total assets on its 2025 IRS Form 990-PF. It paid out $421K in qualifying distributions that year, against a required minimum of $452K (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.

What is Henderson CC Charitable TW's EIN?

Henderson CC Charitable TW's EIN (Employer Identification Number) is 56-6067843. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 1, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Henderson CC Charitable TW'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.

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