The Hodding and Betty Carter Family Charitable Foundation
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
The largest 2024 recipient was Hodding Carter Memorial YMCA ($10K).
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
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
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
| Recipient | Purpose | Amount |
|---|---|---|
| Hodding Carter Memorial YMCA Greenville, MS | Community Outreachoperations | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $372,399 | $33,434 | $15,676 | $10,000 | 1 | $14,257 | $20,694 | $22,850 |
| 2023 | $348,965 | $16,294 | $25,000 | $25,000 | 2 | $25,000 | $8,662 | $21,408 |
| 2022 | $342,671 | $29,702 | $15,742 | $10,000 | 1 | $10,000 | $22,049 | $13,933 |
| 2021 | $312,997 | $46,378 | $27,721 | $17,500 | 2 | $20,798 | $38,341 | $13,912 |
| 2020 | $295,714 | $31,646 | $38,675 | $27,500 | 3 | — | $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
- IRS filings on file for fiscal years 2020–2024
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