McCartney Family Charitable Trust
McCartney Family Charitable Trust is a private foundation, based in Raleigh, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.6M in total assets. In 2025, it awarded 7 grants totaling $273K. Net investment income was $202K.
McCartney Family Charitable Trust at a glance
In short: McCartney Family Charitable Trust gave $273K across 7 grants in 2025 (avg $39K), mostly in Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $273,140
- +5.9% vs 2024
- Grants made (2025)
- 7
- +0.0% vs 2024
- Average grant
- $39,020
- +5.9% vs 2024
- Median grant
- $27,314
- Total assets
- $4,624,582
- -1.6% vs 2024
- Primary geography
- Virginia (90% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who McCartney Family Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was St Elizabeth's Episcopal Church ($55K). Together the top 7 received $273K.
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 26 grants of 35 (74%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
States
Cities
How McCartney Family Charitable Trust gives
- Giving held roughly steady from 2022 to 2025 (−10%). Method
- In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $225K (2020) to $304K (2022). In 2025 it made 7 grants totaling $273K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Elizabeth's Episcopal Church Roanoke, VA | General Purpose | $54,628 |
| Roanoke Valley SPCA Roanoke, VA | General Purpose | $54,628 |
| The Rescue Mission Foundation Roanoke, VA | General Purpose | $54,628 |
| Roanoke Area Ministries Roanoke, VA | General Purpose | $27,314 |
| Salvation Army Raleigh, NC | General Purpose | $27,314 |
| American Cancer Society Roanoke, VA | General Purpose | $27,314 |
| The American Diabetes Association Arlington, VA | General Purpose | $27,314 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,624,582 | $244,915 | $320,808 | $273,140 | 7 | $273,140 | $202,474 | $283,333 |
| 2024 | $4,699,597 | $286,903 | $299,997 | $258,000 | 7 | $258,000 | $244,922 | $264,038 |
| 2023 | $4,708,719 | $-58,967 | $276,143 | $238,000 | 7 | $238,000 | $92,361 | $244,457 |
| 2022 | $5,039,184 | $200,259 | $354,976 | $304,000 | 7 | $304,000 | $159,842 | $255,723 |
| 2021 | $5,204,526 | $546,057 | $282,728 | $235,000 | 7 | $235,000 | $502,209 | $293,149 |
| 2020 | $4,914,891 | $270,980 | $262,547 | $225,000 | 7 | — | $233,681 | $253,377 |
Under IRS private-foundation payout rules, McCartney Family Charitable Trust reported a distributable amount of $283K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
McCartney Family Charitable Trust's only listed officer is First Citizens Bank Trust CO, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
First Citizens Bank Trust CO
Trustee
On filings since 2020
1 hr/week
$34K (2020) → $39K (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $39K, to First Citizens Bank Trust CO (Trustee).
Frequently asked questions about McCartney Family Charitable Trust
How much does McCartney Family Charitable Trust give each year?
McCartney Family Charitable Trust gave $273K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $258K across 7 grants.
What is McCartney Family Charitable Trust's typical grant size?
McCartney Family Charitable Trust's median grant in 2025 was $27,314, and its average grant was $39,020, across 7 grants on its 2025 IRS Form 990-PF.
Where does McCartney Family Charitable Trust give grants?
McCartney Family Charitable Trust gives mostly in Virginia: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was North Carolina (10%). The most frequent recipient cities were Roanoke, VA (5 grants).
Does McCartney Family Charitable Trust give general operating support?
Yes: 100% of McCartney Family Charitable Trust's 2025 grants with a stated purpose (7 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are McCartney Family Charitable Trust's largest grantees?
McCartney Family Charitable Trust's largest 2025 grantees include St Elizabeth's Episcopal Church ($54,628), Roanoke Valley SPCA ($54,628) and The Rescue Mission Foundation ($54,628), according to its 2025 IRS Form 990-PF. Together they received 60% of its itemized 2025 grant dollars.
How large is McCartney Family Charitable Trust?
McCartney Family Charitable Trust reported $4.6M in total assets on its 2025 IRS Form 990-PF. It paid out $273K in qualifying distributions that year, against a required minimum of $283K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is McCartney Family Charitable Trust's EIN?
McCartney Family Charitable Trust's EIN (Employer Identification Number) is 81-4871522. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 4, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
Explore Open Grants
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