Lochbaum Family Charitable Trust
Lochbaum Family Charitable Trust is a private grantmaking foundation based in Raleigh, North Carolina. The organization is designated as a 501(c)(3) organization and has been tax-exempt since March 2022.
Key facts about Lochbaum Family Charitable Trust
- EIN
- 87-3993276
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $304,000
- Grants made (2024)
- 39
- Average grant
- $7,795
- Median grant
- $2,500
- New grantees (estimate)
- 3% first-time grantees (1 of 39, 2024)
- Total assets
- $4,563,633
- Primary geography
- North Carolina (97% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Lochbaum Family Charitable Trust funds
By grant dollars, the top recipient states for Lochbaum Family Charitable Trust's 39 itemized 2024 grants were North Carolina (97%). The most frequent recipient cities were Raleigh, NC (27 grants) and Chapel Hill, NC (2 grants). None of its 39 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (39 grants).
Is Lochbaum Family Charitable Trust open to new grantees?
3%
first-time grantees, 2024
In 2024, 1 of 39 grantees (3%) were first-time recipients. First grants averaged $500; repeat grants $8K. How we count
Medians: $500 first-time, $3K repeat.
- 95% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 139% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Lochbaum Family Charitable Trust
- How to evaluate Lochbaum Family Charitable Trust as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Lochbaum Family Charitable Trust with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.6M
+1.8% YoY
Annual Giving
$304K
+52.6% YoY
Grant Count
39
-9.3% YoY
Avg Grant Size
$8K
+68.3% YoY
Under IRS private-foundation payout rules, Lochbaum Family Charitable Trust reported a distributable amount of $222K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports a broad range of charitable purposes including education, human services, health care, and philanthropy/voluntarism. Primary funding focus areas include nonprofit human services, poverty alleviation, education nonprofits, and STEM education.
Grantmaking
The foundation has awarded 120 grants totaling $693,100 across its history. In the most recent fiscal year (2024), the foundation made 39 grants totaling $308,639 in charitable disbursements.
Average Grant
award: $5,800
Ready to take the next step with Lochbaum Family Charitable Trust?
Geographic Focus
Where this funder awards grants
The foundation concentrates its giving heavily in North Carolina, with 92% of all grants awarded to organizations in the state. Within North Carolina, funding is concentrated in Raleigh (75% of grants), Chapel Hill (5%), and Carrboro (3%). The foundation also makes grants in Michigan, West Virginia, and Tennessee.
Grant Distribution by State
Share of all 39 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $4,563,633
- Total Revenue: $692,855
- Total Expenses: $463,237
- Net Income: $229,618
- Net Assets: $4,563,633
Revenue Sources (2024):
- Contributions Received: $200,468 (28.9%)
- Dividends: $267,480 (38.6%)
- Sales of Assets: $189,691 (27.4%)
- Other Income: $35,216 (5.1%)
Expenses (2024):
- Charitable Disbursements: $308,639 (66.6% of total expenses)
- Officer Compensation: $0
The foundation carries no liabilities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,563,633 | $4,481,247 | $4,730,267 |
| Revenue | $692,855 | $8,308 | $625,888 |
| Expenses | $463,237 | $257,328 | $226,243 |
| Qualifying Distributions | $308,639 | $202,286 | $193,072 |
| Net Investment Income | $317,549 | $132,864 | $592,839 |
| Distributable Amount | $221,966 | $217,959 | $233,172 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
120 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Boys Girls Clubs of the Coastal Pla ($130,000), Food Bank of Central Eastern NC ($30,000), American Red Cross ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS GIRLS CLUBS OF THE COASTAL PLA Winterville, NC | CHARITABLE | $130,000 |
| FOOD BANK OF CENTRAL EASTERN NC Raleigh, NC | CHARITABLE | $30,000 |
| AMERICAN RED CROSS Raleigh, NC | CHARITABLE | $20,000 |
| BOUNTY SOUL Black Mountain, NC | CHARITABLE | $14,000 |
| WHITE MEMORIAL PRESBYTERIAN CHURCH Raleigh, NC | CHARITABLE | $11,000 |
| ALLIANCE MEDICAL MINISTRY Raleigh, NC | CHARITABLE | $10,000 |
| A PLACE AT THE TABLE Raleigh, NC | CHARITABLE | $8,000 |
| THE SALVATION ARMY Raleigh, NC | CHARITABLE | $7,500 |
| HEALING TRANSITIONS Raleigh, NC | CHARITABLE | $6,000 |
| PUBLIC RADIO EAST New Bern, NC | CHARITABLE | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Lochbaum Family Charitable Trust's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Cynthia Register Lochbaum
Trustee
On filings since 2021
1 hr/week
No compensation reported
Steven Eric Lochbaum
Grantor
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Lochbaum Family Charitable Trust fund?
The foundation supports a broad range of charitable purposes including education, human services, health care, and philanthropy/voluntarism. Primary funding focus areas include nonprofit human services, poverty alleviation, education nonprofits, and STEM education.
How do I apply for a grant from Lochbaum Family Charitable Trust?
The foundation has awarded 120 grants totaling $693,100 across its history. In the most recent fiscal year (2024), the foundation made 39 grants totaling $308,639 in charitable disbursements. **Grant Characteristics:** • Individual grants range from $100 to $130,000 • Median grant award: $2,500 • Average grant award: $5,800 The foundation maintains established relationships with grantees, with new applicants representing a small percentage of recipients.
Where does Lochbaum Family Charitable Trust make grants?
The foundation concentrates its giving heavily in North Carolina, with 92% of all grants awarded to organizations in the state. Within North Carolina, funding is concentrated in Raleigh (75% of grants), Chapel Hill (5%), and Carrboro (3%). The foundation also makes grants in Michigan, West Virginia, and Tennessee.
What size grants does Lochbaum Family Charitable Trust award?
In 2024, Lochbaum Family Charitable Trust awarded 39 grants totaling $304K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Lochbaum Family Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lochbaum Family Charitable Trust reported a distributable amount of $222K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lochbaum Family Charitable Trust's EIN?
Lochbaum Family Charitable Trust's EIN (Employer Identification Number) is 87-3993276. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Lochbaum Family Charitable Trust's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Duke Energy Foundation
Charlotte, NC
Assets
$1.9M
Grants
41
Total Given
$25.6M
A E Finley Foundation Inc
Raleigh, NC
Assets
$29.7M
Grants
70
Total Given
$1.3M
North Carolina Community Foundation
Raleigh, NC
Assets
$569.1M
Grants
732
Total Given
$30.6M
Triangle Community Foundation Inc
Durham, NC
Assets
$335.8M
Grants
599
Total Given
$26.7M
State Employees Credit Union Foundation
Raleigh, NC
Assets
—
Grants
1,806
Total Given
$17.4M
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
The Community Foundation
Asheville, NC
Assets
$481.0M
Grants
793
Total Given
$59.4M
The Pfizer Foundation Inc
New York, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Verizon Foundation
Basking Ridge, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
More Funders in North Carolina
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.