The Russell Benton Lee Jr Charitable

WINSTONSALEM, NC EIN: 85-4232783

The Russell Benton Lee Jr Charitable is a private foundation focused on Arts, Culture & Humanities, based in WINSTONSALEM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.3M in total assets. In 2024, it awarded 5 grants totaling $330K. Net investment income was $683K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.3M

+6.3% YoY

Annual Giving

$330K

+35.8% YoY

Grant Count

5

+400.0% YoY

Avg Grant Size

$66K

-72.8% YoY

Under IRS private-foundation payout rules, The Russell Benton Lee Jr Charitable reported a distributable amount of $405K for 2024 — the minimum it must pay out in qualifying distributions.

About The Russell Benton Lee Jr Charitable

Based on IRS filings

The Russell Benton Lee Jr Charitable is a private foundation focused on Arts, Culture & Humanities, based in WINSTONSALEM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.3M in total assets. In 2024, it awarded 5 grants totaling $330K. Net investment income was $683K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

DurhamGreensboroRaleighWinston SalemWinstonsalem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$211K$421K$632K$842K20202021202220232024
Metric202420232022
Total Assets$8,333,351$7,842,014$7,286,331
Revenue$765,459$-27,263$578,232
Expenses$533,824$405,346$443,675
Qualifying Distributions$439,458$337,323$403,349
Net Investment Income$683,193$166,231$538,516
Distributable Amount$404,510$370,581$368,651

Giving Over Time

Total grant dollars and number of grants per year

$0$83K$165K$248K$330K0 grants20200 grants20215 grants20221 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

PRESERVATION GREENSBORO$100KTHE HISTORIC PRESERVATIO…$100KREYNOLDA HOUSE INC$80KCAROLINA THEATRE OF GREE…$25KOLD SALEM INC$25K

Grant Size Distribution

11 grants across all recorded years

3<$50K4$50–100K4$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 Preservation Greensboro ($100,000), The Historic Preservation Foundation of North Carolina Inc ($100,000), Reynolda House Inc ($80,000).

RecipientPurposeAmount
CAROLINA THEATRE OF GREENSBORO GREENSBORO, NCTO SUPPORT ARTS IN THE COMMUNITY.$25,000
PRESERVATION GREENSBORO GREENSBORO, NCTO SUPPORT ONGOING MAINTENANCE OF BLANDWOOD MANSION, PRESERVE LANDMARKS IN GREENSBORO, NC, AND TO HELP PROVIDE FOR OPERATING EXPENSES ASSOCIATED WITH PRESERVATION GREENSBORO, INC.$100,000
REYNOLDA HOUSE INC WINSTONSALEM, NCTO SUPPORT THE AMERICAN CONTRY HOME AND PREMIER COLLECTION OF AMERICAN ART.$80,000
THE HISTORIC PRESERVATION FOUNDATION OF NORTH CAROLINA INC RALEIGH, NCTO PROTECT AND PROMOTE BUILDINGS, SITES AND LANDSCAPES IMPORTANT TO THE DIVERSE HISTORY OF NORTH CAROLINA.$100,000
OLD SALEM INC WINSTON SALEM, NCTO SUPPORT THEPRESERVATIONANDINTERPRETATIONOFTHEHISTORYANDMATERIALCULTUREOFTHEEARLYAMERICANSOUTHAND THEMORAVIANTOWNOFSALEM.$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JIM CREAMERTRUSTEE$89K

From 2024 filing

NameTitleHoursCompensation
JIM CREAMERTRUSTEE20$88,668

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Russell Benton Lee Jr Charitable?

The Russell Benton Lee Jr Charitable is a private foundation focused on Arts, Culture & Humanities, based in WINSTONSALEM, NC. It holds $8.3M in total assets as of 2024.

How large is The Russell Benton Lee Jr Charitable?

As of 2024, The Russell Benton Lee Jr Charitable holds $8.3M in total assets with $765K in annual revenue. It awarded 5 grants totaling $330K in 2024.

Where does The Russell Benton Lee Jr Charitable operate?

The Russell Benton Lee Jr Charitable has awarded grants in North Carolina.

What size grants does The Russell Benton Lee Jr Charitable award?

In 2024, The Russell Benton Lee Jr Charitable awarded 5 grants totaling $330K — an average of about $66K per grant, based on its IRS Form 990 filings.

How much is The Russell Benton Lee Jr Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Russell Benton Lee Jr Charitable reported a distributable amount of $405K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Russell Benton Lee Jr Charitable's EIN?

The Russell Benton Lee Jr Charitable's EIN (Employer Identification Number) is 85-4232783. IRS Form 990 filing data is available on this page for 2020–2024.

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

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