Mid-Carolina Electric Trust Inc
The purpose of the trust shall be the accumulation and disbursement of funds for charitable purposes in the service area of mid-carolina electric cooperative, inc.
Key facts about Mid-Carolina Electric Trust Inc
In short: Mid-Carolina Electric Trust Inc gave $208K across 9 grants in 2025 (avg $23K), mostly in South Carolina. Source: 2025 IRS Form 990.
- EIN
- 57-1000504
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $207,739
- Grants made (2025)
- 9
- Average grant
- $23,082
- Median grant
- $10,800
- Total assets
- $42,269
- Primary geography
- South Carolina (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$42K
-14.5% YoY
Annual Giving
$208K
+170.9% YoY
Grant Count
9
+125.0% YoY
Avg Grant Size
$23K
+20.4% YoY
How Mid-Carolina Electric Trust Inc gives
- Giving fell 30% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About Mid-Carolina Electric Trust Inc
Based on IRS filings
Mid-Carolina Electric Trust Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Lexington, SC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $42K in total assets. In 2025, it awarded 9 grants totaling $208K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 9 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| OTHER COMMUNITY ASSISTANCE Lexington, SC | — | $49,348 |
| SHARING GOD'S LOVE Irmo, SC | RENT, MEDICATION, ET | $44,192 |
| WE CARE Chapin, SC | BILLS, JOB PLACEMENT | $42,345 |
| MISSION LEXINGTON Lexington, SC | COMMUNITY SUPPORT | $27,788 |
| LEXINGTON UNITED Lexington, SC | SCHOOLS IN DISTRICT | $10,800 |
| CHRISTIAN MINISTRIES Leesville, SC | MEDICATION, UTILITIE | $9,662 |
| MT HOREB UNITED Lexington, SC | SCHOOLS IN DISTRICT | $9,000 |
| GOD'S HELPING HAND Cayce, SC | RENT, MEDICATION, ET | $7,404 |
| SCOOTER SCOTT PROJECT West Columbia, SC | COMMUNITY SUPPORT | $7,200 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $42,269 | $49,446 | $41,102 |
| Revenue | $317,677 | $317,886 | $316,366 |
| Expenses | $324,854 | $309,542 | $326,369 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS June 10, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS September 28, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 7, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 6, 2026)
Leadership & Key People
Officers and directors from IRS filings
Mid-Carolina Electric Trust Inc is led by Stan Shealy, Chairman on every filing since 2019; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Stan Shealy
Chairman
On filings since 2019
2 hrs/week
No compensation reported
Greg Black
Director
On filings since 2019
1 hr/week
No compensation reported
John Beerman
Director
On filings since 2019
1 hr/week
No compensation reported
Daphyne Ridgell
Director
On filings since 2021
1 hr/week
No compensation reported
Frank Capobianco
Director
On filings since 2021
1 hr/week
No compensation reported
Doug Martin
Director
On filings since 2023
1 hr/week
No compensation reported
Tonya Rodgers
Director
New on the 2025 filing
1 hr/week
No compensation reported
Rus Stilwell
Vice Chairman
On filings since 2019
2 hrs/week
No compensation reported
Virginia Bishop
Secretary
Director → Secretary, 2025
On filings since 2019
1 hr/week
No compensation reported
Former officers (5)
- Former: Gerry Spragg (2021–2024) — Director
- Former: Charlotte Boozer (2019–2022) — Secretary
- Former: Alan Lord (2019–2020) — Director
- Former: Johnny Muller (2019–2020) — Director
- Former: Matt Matthews (2019–2020) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Mid-Carolina Electric Trust Inc
How much does Mid-Carolina Electric Trust Inc give each year?
Mid-Carolina Electric Trust Inc gave $208K across 9 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $77K across 4 grants.
What is Mid-Carolina Electric Trust Inc's typical grant size?
Mid-Carolina Electric Trust Inc's median grant in 2025 was $10,800, and its average grant was $23,082, across 9 grants on its 2025 IRS Form 990.
Where does Mid-Carolina Electric Trust Inc give grants?
Mid-Carolina Electric Trust Inc gives mostly in South Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Lexington, SC (4 grants).
Does Mid-Carolina Electric Trust Inc give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Mid-Carolina Electric Trust Inc's 2025 IRS Form 990 were described as general or operating support.
Who are Mid-Carolina Electric Trust Inc's largest grantees?
Mid-Carolina Electric Trust Inc's largest 2025 grantees include Other Community Assistance ($49,348), Sharing God's Love ($44,192) and We Care ($42,345), according to its 2025 IRS Form 990. Together they received 65% of its itemized 2025 grant dollars.
How large is Mid-Carolina Electric Trust Inc?
Mid-Carolina Electric Trust Inc reported $42K in total assets on its 2025 IRS Form 990. Its revenue that year was $318K.
What is Mid-Carolina Electric Trust Inc?
Mid-Carolina Electric Trust Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Lexington, SC. It holds $42K in total assets as of 2025.
What is Mid-Carolina Electric Trust Inc's EIN?
Mid-Carolina Electric Trust Inc's EIN (Employer Identification Number) is 57-1000504. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Mid-Carolina Electric Trust Inc by hand.
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Mid-Carolina Electric Trust Inc down — hundreds of funders to go?