Lillian & Bud Cothran Memorial

ROSMAN, NC EIN: 56-1372596

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

1states

Cities

Lake ToxawayRosman

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2K$5K$7K$9K20202021202220232024
Metric202420232022
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

$0$500$1K$2K$2K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

ELIZABETH QUALLS$2K

Grant Size Distribution

5 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Elizabeth Qualls ($2,000).

RecipientPurposeAmount
ELIZABETH QUALLS LAKE TOXAWAY, NCSCHOLARSHIP$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KIM GREENSECRETARY/TR3
TRACIE OWENPRESIDENT3
RICK PANGLEVICE PRESIDE3
NANCY SANDERSBOARD MEMBER1
HEATHER MCNEELYBOARD MEMBER1
SARAH REIDBOARD MEMBER1

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.

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

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