Susan & Charles Shanor Charitable Trust
Susan & Charles Shanor Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ASHEVILLE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 7 grants totaling $220K. Net investment income was $480K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.7M
+7.6% YoY
Annual Giving
$220K
+339.9% YoY
Grant Count
7
+75.0% YoY
Avg Grant Size
$31K
+151.4% YoY
Under IRS private-foundation payout rules, Susan & Charles Shanor Charitable Trust reported a distributable amount of $210K for 2024 — the minimum it must pay out in qualifying distributions.
About Susan & Charles Shanor Charitable Trust
Based on IRS filings
Susan & Charles Shanor Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ASHEVILLE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 7 grants totaling $220K. Net investment income was $480K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,746,345 | $3,480,173 | $3,754,804 |
| Revenue | $509,583 | $-335,861 | $-64,570 |
| Expenses | $243,416 | $90,713 | $433,631 |
| Qualifying Distributions | $225,479 | $52,953 | $353,522 |
| Net Investment Income | $480,429 | $45,778 | $3,611 |
| Distributable Amount | $209,628 | $212,578 | $212,649 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Better Angels Society ($125,000), Unc Asheville Foundation ($50,000), Health Equity Coalition Wnc ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BETTER ANGELS SOCIETY WASHINGTON, DC | FILM PRODUCTION COSTS | $125,000 |
| HEALTH EQUITY COALITION WNC BAKERSVILLE, NC | GENERAL SUPPORT | $25,000 |
| KCB REAL ESTATE VII PASSTHROUGH CONTRIBUTIONS PASADENA, CA | GENERAL SUPPORT | $19 |
| PARK PLACE CHRISTIAN ACADEMY BRANDON, MS | ATHLETIC FACILITIES | $5,000 |
| THE RARE CANCER RESEARCH FOUNDATION DURHAM, NC | GENERAL SUPPORT | $10,000 |
| UNC ASHEVILLE FOUNDATION ASHEVILLE, NC | DREAM BIGGER. ACHIEVE MORE. CAMPAIGN | $50,000 |
| UNIVERSITY OF THE SOUTH SEWANEE, TN | GENERAL SUPPORT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN MCRAE SHANOR | TRUSTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Susan & Charles Shanor Charitable Trust?
Susan & Charles Shanor Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ASHEVILLE, NC. It holds $3.7M in total assets as of 2024.
How large is Susan & Charles Shanor Charitable Trust?
As of 2024, Susan & Charles Shanor Charitable Trust holds $3.7M in total assets with $510K in annual revenue. It awarded 7 grants totaling $220K in 2024.
Where does Susan & Charles Shanor Charitable Trust operate?
Susan & Charles Shanor Charitable Trust has awarded grants in California, District of Columbia, Mississippi, North Carolina, Tennessee, Utah.
What size grants does Susan & Charles Shanor Charitable Trust award?
In 2024, Susan & Charles Shanor Charitable Trust awarded 7 grants totaling $220K — an average of about $31K per grant, based on its IRS Form 990 filings.
How much is Susan & Charles Shanor Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Susan & Charles Shanor Charitable Trust reported a distributable amount of $210K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Susan & Charles Shanor Charitable Trust's EIN?
Susan & Charles Shanor Charitable Trust's EIN (Employer Identification Number) is 58-6332876. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Susan & Charles Shanor 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.
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