Maude B King Charitable Trust
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.
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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 | $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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| FIRST BAPTIST CHURCH OF MT OLIVE MT OLIVE, NC | GENERAL PURPOSES OF THE | $11,829 |
| BEAR MARSH MISSIONARY BPT CHURCH MT OLIVE, NC | GENERAL PURPOSES OF THE | $11,829 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FIRST CITIZENS BANK | TRUSTEE | 40 | $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.
Explore Open Grants
Browse active grant opportunities in Maude B King Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.