The Carol Woods Charitable Fund Inc
To provide support to the chapel hill residential retirement center, inc d/b/a the carol woods retirement community, a 501(c)(3) organization.
The Carol Woods Charitable Fund Inc at a glance
In short: The Carol Woods Charitable Fund Inc gave $255K across 2 grants in 2024 (avg $128K), mostly in North Carolina. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $255,272
- +81.5% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $127,636
- +81.5% vs 2023
- Median grant
- $127,636
- Total assets
- $2,653,619
- +4.9% vs 2023
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who The Carol Woods Charitable Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was The Chapel Hill Residential Retirement Center Inc ($168K). Together the top 2 received $255K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 4 grants of 10 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How The Carol Woods Charitable Fund Inc gives
- Giving grew 369% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $54K (2021) to $267K (2022). In 2024 it made 2 grants totaling $255K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Chapel Hill Residential Retirement Center Inc Chapel Hill, NC | Reimbursement for charitable expenses including resident assistance, employee development and gifted garden maintenance. | $167,761 |
| The Carol Woods Resident Association Chapel Hill, NC | Support for Resident Activities Through Annual Council Budget. | $87,511 |
Ready to take the next step with The Carol Woods Charitable Fund Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $2,653,619 | $389,933 | $262,435 | $255,272 | 2 | $28 |
| 2023 | $2,528,821 | $396,721 | $143,095 | $140,647 | 2 | $27 |
| 2022 | $2,273,420 | $247,300 | $273,833 | $267,405 | 2 | $58 |
| 2021 | $2,405,828 | $326,493 | $56,976 | $54,376 | 2 | $84 |
| 2020 | $2,129,511 | $233,617 | $90,691 | $88,070 | 2 | $141 |
| 2019 | $2,085,383 | $366,608 | $221,879 | $218,819 | 2 | $304 |
About The Carol Woods Charitable Fund Inc
Based on IRS filings
The Carol Woods Charitable Fund Inc is a public charity focused on Housing & Shelter, based in Chapel Hill, NC. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 2 grants totaling $255K. Net investment income was $28.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Carol Woods Charitable Fund Inc is led by Marianne Ratcliffe, President & CEO since 2022 (on filings since 2021); none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Marianne Ratcliffe
President & CEO
Board Member → President & CEO, 2022
On filings since 2021
1 hr/week
No compensation reported
Curt McLaughlin
Resident & President of the Board
Resident & Secretary of the Board → Resident & President of the Board, 2023
On filings since 2022
1 hr/week
No compensation reported
Kenneth G. Reeb Jr.
Treasurer - Retired
Treasurer → Treasurer - Retired, 2024
On filings since 2019
1 hr/week
No compensation reported
Marlene Rifkin
Vice President of the Board
Board Member → Vice President, 2021
Vice President → Vice President of the Board, 2022
On filings since 2019
1 hr/week
No compensation reported
Maragete Sandelowski
Resident & Voting Board Member
On filings since 2023
1 hr/week
No compensation reported
Sue Coppola
Board Member & Secretary
Board Member → Board Member & Secretary, 2024
On filings since 2023
No compensation reported
Kendall Page
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Tracy Biesecker
CFO
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (7)
- Former: Marian Stephenson (2019–2023) — Resident & Voting Board Member
- Former: Crystal Torain (2022–2023) — Board Member & Secretary
- Former: Mark Royster (2019–2022) — President of the Board
- Former: Curtis McLaughlin (2019–2021) — Secretary
- Former: Patricia E. Sprigg (2019–2021) — Board Member
- Former: Charles House (2021) — Board Member
- Former: Audrey Galloway (2019–2020) — Board Member
Data from IRS Form 990 filings, 2019–2024. "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 The Carol Woods Charitable Fund Inc
How much does The Carol Woods Charitable Fund Inc give each year?
The Carol Woods Charitable Fund Inc gave $255K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $141K across 2 grants.
How large is The Carol Woods Charitable Fund Inc?
The Carol Woods Charitable Fund Inc reported $2.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $390K.
What is The Carol Woods Charitable Fund Inc?
The Carol Woods Charitable Fund Inc is a public charity focused on Housing & Shelter, based in Chapel Hill, NC. It holds $2.7M in total assets as of 2024.
Where does The Carol Woods Charitable Fund Inc operate?
The Carol Woods Charitable Fund Inc has awarded grants in North Carolina.
What is The Carol Woods Charitable Fund Inc's EIN?
The Carol Woods Charitable Fund Inc's EIN (Employer Identification Number) is 20-4262143. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS June 1, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS April 7, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS April 27, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS April 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 26, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 29, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Carol Woods Charitable Fund Inc's focus areas in our free grants database
Similar Funders
Similar funders in North Carolina
State Employees Credit Union Foundation
Raleigh, NC
The foundation funds capital projects, regional or statewide programs, and organizational capacity building that strengthen North Carolina communities; it favors projects with broad or replicable impact and does not fund operating budgets or shortfalls. Its 2025 grants ranged from $1,250 to $1 million, with a median of $2,500. Applications are accepted at any time and typically reviewed semiannually.
Assets
$61.0M
Grants
1,806
Total Given
$17.4M
Foundation for the Carolinas
Charlotte, NC
Foundation For The Carolinas funds education and youth development, environmental and wildlife work, health and human services, and animal welfare, with a reported median grant of $25,000 in 2024. Its competitive programs focus on Charlotte-Mecklenburg, the Carolinas, and specific local communities, while donor-advised funds may support eligible nonprofits more broadly; it accepts applications for some competitive grants, but most grants are recommended by fund advisors and have no application process.
Assets
$3.9B
Grants
1,605
Total Given
$609.1M
Dogwood Health Trust
Asheville, NC
Dogwood Health Trust funds work in housing, education, economic opportunity, and health and wellness that improves wellbeing in Western North Carolina, including its 18 counties and the Qualla Boundary. Its 2024 grants ranged from $2,000 to $21 million, with a median of $37,500; application requirements vary by funding opportunity.
Assets
$2.0B
Grants
835
Total Given
$148.2M
The Winston-Salem Foundation
Winston-Salem, NC
The Winston-Salem Foundation funds charitable organizations serving Forsyth County, North Carolina, across areas including education, housing, economic opportunity, civic engagement, arts, health, and human services. Its 2024 median grant was $25,000; specific programs offer grants ranging from small grants of up to $2,000 to capital grants of up to $100,000. The profile describes application-based programs but does not state whether unsolicited requests are accepted.
Assets
$630.1M
Grants
823
Total Given
$90.4M
North Carolina Community Foundation Inc
Raleigh, NC
The North Carolina Community Foundation supports charitable organizations and community programs in areas such as human services, education, youth development, health, food and nutrition, and the arts. Its typical grant was $15,000 in 2025; it serves communities statewide, with an emphasis on rural North Carolina, and accepts applications through specific affiliate, giving-circle, and other grant programs.
Assets
$569.1M
Grants
732
Total Given
$30.6M
Triangle Community Foundation Inc
Durham, NC
The foundation supports nonprofits in cultural arts, education and youth, nonprofit capacity building, and sustainable communities, with grants also benefiting fields such as health, conservation, and human services. Its 2025 grants had a median of $20,000 and ranged from about $5,000 to $1.39 million; it primarily serves Durham, Orange, Wake, and Chatham Counties in North Carolina. It accepts applications for competitive discretionary programs during open grant cycles; donor-advised fund grants are also made.
Assets
$335.8M
Grants
599
Total Given
$26.7M
More similar funders
More Funders in North Carolina
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Carol Woods Charitable Fund Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Carol Woods Charitable Fund Inc down — hundreds of funders to go?