The Hodding and Betty Carter Family Charitable Foundation

Private foundation · Grantmaker Brevard, NC EIN: 81-0612144

The Hodding and Betty Carter Family Charitable Foundation is a private foundation, based in Brevard, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $372K in total assets. In 2024, it awarded 1 grant totaling $10K. Net investment income was $21K.

The Hodding and Betty Carter Family Charitable Foundation at a glance

In short: The Hodding and Betty Carter Family Charitable Foundation gave $10K across 1 grant in 2024 (avg $10K), mostly in Mississippi. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$10,000
-60.0% vs 2023
Grants made (2024)
1
-50.0% vs 2023
Average grant
$10,000
-20.0% vs 2023
Median grant
$10,000
Total assets
$372,399
+6.7% vs 2023
Primary geography
Mississippi (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

Who The Hodding and Betty Carter Family Charitable Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Hodding Carter Memorial YMCA: $10KHodding Carter Memorial YMCA$10K

The largest 2024 recipient was Hodding Carter Memorial YMCA ($10K).

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 9 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2024 grant dollars on its one itemized grant.

Cities

Greenville

How The Hodding and Betty Carter Family Charitable Foundation gives

  • Giving fell 43% from 2021 to 2024. Method
  • In 2024 it paid out 62% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K3 grants2020 2 grants2021 1 grant2022 2 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $10K (2022) to $28K (2020). In 2024 it made 1 grant totaling $10K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Hodding Carter Memorial YMCA Greenville, MSCommunity Outreachoperations$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$372,399$33,434$15,676$10,0001$14,257$20,694$22,850
2023$348,965$16,294$25,000$25,0002$25,000$8,662$21,408
2022$342,671$29,702$15,742$10,0001$10,000$22,049$13,933
2021$312,997$46,378$27,721$17,5002$20,798$38,341$13,912
2020$295,714$31,646$38,675$27,5003—$10,457$9,588

Under IRS private-foundation payout rules, The Hodding and Betty Carter Family Charitable Foundation reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Hodding and Betty Carter Family Charitable Foundation is led by Margaret Carter Joseph, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Margaret Carter Joseph

    President

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Philip D. Carter

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Catherine Carter Sullivan

    Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: W. Hodding Carter III (2020–2022) — Director

Data from IRS Form 990 filings, 2020–2024. "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 Hodding and Betty Carter Family Charitable Foundation

How much does The Hodding and Betty Carter Family Charitable Foundation give each year?

The Hodding and Betty Carter Family Charitable Foundation gave $10K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $25K across 2 grants.

How large is The Hodding and Betty Carter Family Charitable Foundation?

The Hodding and Betty Carter Family Charitable Foundation reported $372K in total assets on its 2024 IRS Form 990-PF. It paid out $14K in qualifying distributions that year, against a required minimum of $23K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does The Hodding and Betty Carter Family Charitable Foundation operate?

The Hodding and Betty Carter Family Charitable Foundation has awarded grants in Mississippi, North Carolina.

What is The Hodding and Betty Carter Family Charitable Foundation's EIN?

The Hodding and Betty Carter Family Charitable Foundation's EIN (Employer Identification Number) is 81-0612144. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Hodding and Betty Carter Family Charitable Foundation'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.

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