Maude B King Charitable Trust

RALEIGH, NC EIN: 56-6394098

Maude B King 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 $454K in total assets. In 2024, it awarded 2 grants totaling $24K. Net investment income was $24K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$454K

+0.2% YoY

Annual Giving

$24K

-2.4% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$12K

-2.4% YoY

Under IRS private-foundation payout rules, Maude B King Charitable Trust reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.

About Maude B King Charitable Trust

Based on IRS filings

Maude B King 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 $454K in total assets. In 2024, it awarded 2 grants totaling $24K. Net investment income was $24K.

Ready to take the next step with Maude B King Charitable Trust?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Mt Olive

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$15K$29K$44K$59K20202021202220232024
Metric202420232022
Total Assets$454,423$453,731$486,581
Revenue$33,844$321$23,732
Expenses$33,259$33,591$37,595
Qualifying Distributions$23,658$24,248$27,540
Net Investment Income$23,865$2,471$14,542
Distributable Amount$25,454$23,659$24,247

Giving Over Time

Total grant dollars and number of grants per year

$0$7K$14K$21K$28K2 grants20202 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

FIRST BAPTIST CHURCH OF …$12KBEAR MARSH MISSIONARY BP…$12K

Grant Size Distribution

10 grants across all recorded years

10<$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 First Baptist Church of Mt Olive ($11,829), Bear Marsh Missionary Bpt Church ($11,829).

RecipientPurposeAmount
FIRST BAPTIST CHURCH OF MT OLIVE MT OLIVE, NCGENERAL PURPOSES OF THE$11,829
BEAR MARSH MISSIONARY BPT CHURCH MT OLIVE, NCGENERAL PURPOSES OF THE$11,829

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

FIRST CITIZENS BANKTRUSTEE$9K

From 2024 filing

NameTitleHoursCompensation
FIRST CITIZENS BANKTRUSTEE40$8,542

Frequently Asked Questions

How large is Maude B King Charitable Trust?

As of 2024, Maude B King Charitable Trust holds $454K in total assets with $34K in annual revenue. It awarded 2 grants totaling $24K in 2024.

Where does Maude B King Charitable Trust operate?

Maude B King Charitable Trust has awarded grants in North Carolina.

What size grants does Maude B King Charitable Trust award?

In 2024, Maude B King Charitable Trust awarded 2 grants totaling $24K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Maude B King Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Maude B King Charitable Trust reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Maude B King Charitable Trust's EIN?

Maude B King Charitable Trust's EIN (Employer Identification Number) is 56-6394098. 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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