The Frances V Holton Foundation Inc

RALEIGH, NC EIN: 56-2091275

The Frances V Holton Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $769K in total assets. In 2024, it awarded 6 grants totaling $50K. Net investment income was $36K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$769K

-9.3% YoY

Annual Giving

$50K

-9.1% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$8K

-9.1% YoY

Under IRS private-foundation payout rules, The Frances V Holton Foundation Inc reported a distributable amount of $50K for 2024 — the minimum it must pay out in qualifying distributions.

About The Frances V Holton Foundation Inc

Based on IRS filings

The Frances V Holton Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $769K in total assets. In 2024, it awarded 6 grants totaling $50K. Net investment income was $36K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

BooneDurham

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$113K$227K$340K$453K2021202220232024
Metric202420232022
Total Assets$769,028$848,059$578,547
Revenue$46,070$412,271$6,675
Expenses$144,101$142,759$145,432
Qualifying Distributions$50,000$55,000$55,000
Net Investment Income$35,934$402,598$7,853
Distributable Amount$50,409$43,223$55,747

Giving Over Time

Total grant dollars and number of grants per year

$0$14K$28K$41K$55K5 grants20215 grants20226 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

SAMARITAN'S PURSE$15KAMERICAN RED CROSS OF DU…$10KDURHAM RESCUE MISSION$10KCENTER FOR CHILD AND FAM…$5KMEALS ON WHEELS OF DURHAM$5KSALVATION ARMY OF DURHAM…$5K

Grant Size Distribution

22 grants across all recorded years

22<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Samaritan's Purse ($15,000), American Red Cross of Durham County ($10,000), Durham Rescue Mission ($10,000).

RecipientPurposeAmount
AMERICAN RED CROSS OF DURHAM COUNTY DURHAM, NCUNRESTRICTED$10,000
CENTER FOR CHILD AND FAMILY HEALTH DURHAM, NCUNRESTRICTED$5,000
DURHAM RESCUE MISSION DURHAM, NCUNRESTRICTED$10,000
SAMARITAN'S PURSE BOONE, NCUNRESTRICTED$15,000
MEALS ON WHEELS OF DURHAM DURHAM, NCUNRESTRICTED$5,000
SALVATION ARMY OF DURHAM COUNTY DURHAM, NCUNRESTRICTED$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DONALD F FONTESCO-DIRECTOR$30KMARY JO ROCHELLESECRETARY$30K

From 2024 filing

NameTitleHoursCompensation
DONALD F FONTESCO-DIRECTOR5$30,000
WILLIAM J BLANTONV/PRES. - TREASURER
MARY JO ROCHELLESECRETARY5$30,000
RANDALL FONTESCO-DIRECTOR
DEEANN FONTESPRESIDENT5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Frances V Holton Foundation Inc?

The Frances V Holton Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. It holds $769K in total assets as of 2024.

How large is The Frances V Holton Foundation Inc?

As of 2024, The Frances V Holton Foundation Inc holds $769K in total assets with $46K in annual revenue. It awarded 6 grants totaling $50K in 2024.

Where does The Frances V Holton Foundation Inc operate?

The Frances V Holton Foundation Inc has awarded grants in North Carolina.

What size grants does The Frances V Holton Foundation Inc award?

In 2024, The Frances V Holton Foundation Inc awarded 6 grants totaling $50K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is The Frances V Holton Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Frances V Holton Foundation Inc reported a distributable amount of $50K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Frances V Holton Foundation Inc's EIN?

The Frances V Holton Foundation Inc's EIN (Employer Identification Number) is 56-2091275. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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