Richard Wood Averill Charitable Trust aka Richard Wood Averill Foundation
The Richard Wood Averill Charitable Trust, also known as the Richard Wood Averill Foundation, is a private foundation based in Winston Salem, North Carolina. The foundation focuses its philanthropic efforts on education, human services, and related charitable causes, with a geographic emphasis on North Carolina, Virginia, and Maryland.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
+5.9% YoY
Annual Giving
$179K
-0.2% YoY
Grant Count
24
-27.3% YoY
Avg Grant Size
$7K
+37.2% YoY
Under IRS private-foundation payout rules, Richard Wood Averill Charitable Trust aka Richard Wood Averill Foundation reported a distributable amount of $144K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Housing and supportive housing shelters
- Women's shelters
- Support for indigent and distressed people
Grantmaking
The foundation made 24 grants in its most recent tax year (2024). Notable recent grants include:
Average Grant
amount varies by funding cycle
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- North Carolina
- Virginia
- Maryland
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $3,315,332
- Total Annual Giving: $178,590–$180,000
- Most Recent Tax Filing: 2024 (filed May 2025)
- EIN: 33-6343459
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,315,332 | $3,129,921 | $2,880,601 |
| Revenue | $204,495 | $130,957 | $103,290 |
| Expenses | $190,842 | $189,584 | $188,027 |
| Qualifying Distributions | $180,446 | $180,388 | $188,027 |
| Net Investment Income | $204,495 | $130,957 | $103,290 |
| Distributable Amount | $144,242 | $143,962 | $155,591 |
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
167 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include GMU Foundation ($45,000), Atrium Wake Forest Baptist Health ($35,000), Samaritan Ministries ($18,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Ronald McDonald House Charities of the Piedmont Triad Winston Salem, NC | Support Families with sick children | $2,500 |
| LEAD Girls of NC inc Winston Salem, NC | Civic Charities | $6,000 |
| Samaritan Ministries Winston Salem, NC | Civic Charities | $18,000 |
| VFW Post 8469 Fairfax Station, VA | Honor Flight Veterans support | $500 |
| Fairfax Volunteer Fire Department Fairfax, VA | Civic Charities | $1,500 |
| Alexandria Police Youth Canp Kilmarnock, VA | Civic Charities | $5,000 |
| Willow Springs Elementary PTA Fairfax, VA | Education | $2,500 |
| We See You Foundation Arlington, VA | Distressed Persons | $1,000 |
| GMU Foundation Fairfax, VA | Education | $45,000 |
| Ellie's Hats Chantilly, VA | Children with Cancer | $1,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is governed by the following trustees:
| Name | Title | Hours/Week | Compensation |
|---|---|---|---|
| Lawrence H Averill | President, Trustee | 5 | $0 |
| Elizabeth A Tacik | Treasurer, Trustee | 25 | $0 |
| Kathleen McKay | Trustee | 0 | $0 |
| Eric J Tacik | Trustee | 0 | $0 |
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAWRENCE H AVERILL | PresidentTrustee | 5 | — |
| ELIZABETH A TACIK | TreasurerTrustee | 25 | — |
| KATHLEEN MCKAY | Trustee | — | — |
| ERIC J TACIK | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Richard Wood Averill Charitable Trust aka Richard Wood Averill Foundation fund?
The foundation's primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Housing and supportive housing shelters • Women's shelters • Support for indigent and distressed people
How do I apply for a grant from Richard Wood Averill Charitable Trust aka Richard Wood Averill Foundation?
**Grant Characteristics:** • Typical grant awards range from $500 to $48,500 • Median grant amount: $2,500 • Average grant amount varies by funding cycle • Total annual giving: approximately $178,590–$180,000 **Recent Activity:** The foundation made 24 grants in its most recent tax year (2024). Notable recent grants include: • $1,000 to Samaritan Ministries (2023) for support of indigent and distressed people
Where does Richard Wood Averill Charitable Trust aka Richard Wood Averill Foundation make grants?
The foundation primarily funds organizations in: • North Carolina • Virginia • Maryland
What size grants does Richard Wood Averill Charitable Trust aka Richard Wood Averill Foundation award?
In 2024, Richard Wood Averill Charitable Trust aka Richard Wood Averill Foundation awarded 24 grants totaling $179K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Richard Wood Averill Charitable Trust aka Richard Wood Averill Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard Wood Averill Charitable Trust aka Richard Wood Averill Foundation reported a distributable amount of $144K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richard Wood Averill Charitable Trust aka Richard Wood Averill Foundation's EIN?
Richard Wood Averill Charitable Trust aka Richard Wood Averill Foundation's EIN (Employer Identification Number) is 33-6343459. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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