Lillian & Bud Cothran Memorial
Lillian & Bud Cothran Memorial is a private foundation, based in ROSMAN, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $68K in total assets. In 2024, it awarded 1 grants totaling $2K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$68K
+18.6% YoY
Annual Giving
$2K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2K
+0.0% YoY
Under IRS private-foundation payout rules, Lillian & Bud Cothran Memorial reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
About Lillian & Bud Cothran Memorial
Based on IRS filings
Lillian & Bud Cothran Memorial is a private foundation, based in ROSMAN, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $68K in total assets. In 2024, it awarded 1 grants totaling $2K. Net investment income was $5K.
Ready to take the next step with Lillian & Bud Cothran Memorial?
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 | $67,557 | $56,982 | $61,758 |
| Revenue | $5,112 | $3,096 | $1,364 |
| Expenses | $2,585 | $2,054 | $2,598 |
| Qualifying Distributions | $2,000 | $2,000 | $2,000 |
| Net Investment Income | $5,112 | $3,096 | $864 |
| Distributable Amount | $3,256 | $2,763 | $3,030 |
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 Elizabeth Qualls ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ELIZABETH QUALLS LAKE TOXAWAY, NC | SCHOLARSHIP | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KIM GREEN | SECRETARY/TR | 3 | — |
| TRACIE OWEN | PRESIDENT | 3 | — |
| RICK PANGLE | VICE PRESIDE | 3 | — |
| NANCY SANDERS | BOARD MEMBER | 1 | — |
| HEATHER MCNEELY | BOARD MEMBER | 1 | — |
| SARAH REID | BOARD MEMBER | 1 | — |
Frequently Asked Questions
How large is Lillian & Bud Cothran Memorial?
As of 2024, Lillian & Bud Cothran Memorial holds $68K in total assets with $5K in annual revenue. It awarded 1 grants totaling $2K in 2024.
Where does Lillian & Bud Cothran Memorial operate?
Lillian & Bud Cothran Memorial has awarded grants in North Carolina.
What size grants does Lillian & Bud Cothran Memorial award?
In 2024, Lillian & Bud Cothran Memorial awarded 1 grants totaling $2K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Lillian & Bud Cothran Memorial required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lillian & Bud Cothran Memorial reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lillian & Bud Cothran Memorial's EIN?
Lillian & Bud Cothran Memorial's EIN (Employer Identification Number) is 56-1372596. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lillian & Bud Cothran Memorial's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
State Employees Credit Union Foundation
RALEIGH, NC
Assets
$68.8M
Grants
1,788
Total Given
$17.3M
Foundation for the Carolinas
CHARLOTTE, NC
Assets
$3.9B
Grants
1,605
Total Given
$609.1M
Dogwood Health Trust
ASHEVILLE, NC
Assets
$2.0B
Grants
835
Total Given
$148.2M
The Winston-Salem Foundation
WINSTONSALEM, NC
Assets
$630.1M
Grants
823
Total Given
$88.8M
GiveClear Foundation
CHARLOTTE, NC
Assets
$215.4M
Grants
816
Total Given
$28.8M
North Carolina Community Foundation
RALEIGH, NC
Assets
$569.1M
Grants
732
Total Given
$30.6M
Triangle Community Foundation Inc
DURHAM, NC
Assets
$311.2M
Grants
558
Total Given
$23.4M
The Labcorp Charitable Foundation
BURLINGTON, NC
Assets
$19.8M
Grants
558
Total Given
$2.6M
The Community Foundation
ASHEVILLE, NC
Assets
$434.9M
Grants
514
Total Given
$17.7M
The Duke Endowment
CHARLOTTE, NC
Assets
$3.6B
Grants
480
Total Given
$251.2M
The Leon Levine Foundation
CHARLOTTE, NC
Assets
$1.1B
Grants
433
Total Given
$42.2M
The Morehead-cain Foundation
CHAPEL HILL, NC
Assets
$225.5M
Grants
409
Total Given
$13.8M
More Funders in North Carolina
Data last updated April 2026. Sourced from IRS Form 990-PF filings.