The Yeargan Foundation Charitable Trust

Foundation · Grantmaker Garner, NC EIN: 58-1846281

The Yeargan Foundation Charitable Trust is a private foundation based in Garner, North Carolina. In 2025, it made 22 grants totaling $2,475,400 to charitable organizations.

Key facts about The Yeargan Foundation Charitable Trust

In short: The Yeargan Foundation Charitable Trust gave $2.5M across 22 grants in 2025 (avg $113K), mostly in North Carolina. 73% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
58-1846281
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,475,400
Grants made (2025)
22
Average grant
$112,518
Median grant
$5,000
New grantees (estimate)
73% first-time grantees (16 of 22, 2025)
Total assets
$24,038,064
Primary geography
North Carolina (83% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$24.0M

+96.9% YoY

Annual Giving

$2.5M

+22.4% YoY

Grant Count

22

+37.5% YoY

Avg Grant Size

$113K

-11.0% YoY

Under IRS private-foundation payout rules, The Yeargan Foundation Charitable Trust reported a distributable amount of $2.8M for 2025 — the minimum it must pay out in qualifying distributions.

Is The Yeargan Foundation Charitable Trust open to new grantees?

73%

first-time grantees, 2025

In 2025, 16 of 22 grantees (73%) were first-time recipients. First grants averaged $91K; repeat grants $170K. How we count

Medians: $100 first-time, $141K repeat.

  • 23% of 2025 grantees were also funded in 2024. Method
  • Giving grew 444% from 2022 to 2025. Method
  • In 2025 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its grants show support for organizations working in a range of areas. For example, Durham Nativity School says it provides educational opportunities for socioeconomically disadvantaged and at-risk boys. Immigrant Defenders Law Center describes its work as defending immigrant communities against injustices in the immigration system, while Canines for Service says it seeks to inspire veterans through canine partnerships. Bristol Bay Heritage Land Trust describes its work as conservation, education, habitat preservation, and scientific research.

Grantmaking

In 2025, the foundation awarded 22 grants totaling $2,475,400. Grants ranged from $100 to $1,000,000, with a median grant of $5,000.

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Geographic Focus

Where this funder awards grants

In 2025, 83% of grant dollars went to recipients in North Carolina and 12% to Louisiana. The remaining reported shares were Florida (2%), California (2%), and Alaska (0%).

Grant Distribution by State

13states

Share of all 22 itemized 2025 grant dollars.

Cities

RaleighDurhamGarnerNew OrleansDillinghamWayneChapel HillWilmingtonArapahoeBooneButnerCaryCharlotteClearwaterEvansvilleFayettevilleGreensboroHagerstownJacksonLos Angeles

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M18 grants202013 grants202110 grants202210 grants202316 grants202422 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

WakeMed Foundation: $1.0MWakeMed Foundation$1.0MDuke University: $400KDuke University$400KTransitions Life Care: $325KTransitions Life Care$325KBastion Community of Resilence: $300KBastion Community of Resilence$300KDurham Nativity School: $163KDurham Nativity School$163KCommunity of Hope: $120KCommunity of Hope$120K50 Legs in 50 Days: $50K50 Legs in 50 Days$50KCanines for Service Inc: $50KCanines for Service Inc$50KImmigrant Defenders Law Center: $50KImmigrant Defenders Law Center$50KBristol Bay Heritage Land Trust: $5KBristol Bay Heritage LandTrust$5K

Grant Size Distribution

71 grants across all recorded years

43<$50K9$50–100K12$100–250K4$250–500K$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
WakeMed Foundation Raleigh, NCCourage to Confront Crisis Campaign$1,000,000
Duke University Durham, NCHubert-Yeargan Center Gift Fund$400,000
Transitions Life Care Raleigh, NCHospice and Palliative Care, Bereavement Services$325,000
Bastion Community of Resilence New Orleans, LAVeteran Wellness Center Completion and Expansions$300,000
Durham Nativity School Durham, NCProvide Excellent Education for Young Men$162,500
Community of Hope Garner, NCCommunity Assistance for Housing and Food Insecurity$120,000
50 Legs in 50 Days Clearwater, FLProvide Amputees with Care and Prosthetics$50,000
Canines for Service Inc Wilmington, NCTrain Service Canines for Veterans$50,000
Immigrant Defenders Law Center Los Angeles, CAUniversal Representation for all Immigrants Facing Deportation$50,000
Bristol Bay Heritage Land Trust Dillingham, AKFly Fishing and Guide Academy$5,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $24,038,064 $6,681,879 $2,781,483 $2,475,400
2024 $12,209,533 $1,618,517 $2,403,735 $2,021,905
2023 $12,994,751 $3,454,838 $778,583 $449,280
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M202020212022202320242025
Metric202520242023
Total Assets$24,038,064$12,209,533$12,994,751
Revenue$6,681,879$1,618,517$3,454,838
Expenses$2,781,483$2,403,735$778,583
Qualifying Distributions$2,519,752$2,099,523$504,945
Net Investment Income$6,420,148$1,188,715$3,011,241
Distributable Amount$2,765,902$2,488,237$2,221,657

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

Sherman A Yeargan Jr is listed as trustee on the 2025 filing.

The Yeargan Foundation Charitable Trust is led by Sherman A Yeargan Jr., Trustee on every filing since 2020 — the only officer listed, and compensated.

Officers on the 2025 filing

  • Sherman A Yeargan Jr.

    Trustee

    On filings since 2020

    5 hrs/week

    $50K (2020) → $60K (2025)

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Sherman A Yeargan Jr — Trustee: $60KSherman A Yeargan JrTrustee$60K

Contact

Mailing address: 7777 White Oak Road, Garner, NC 27529
Phone: (919) 622-3935

Frequently asked questions about The Yeargan Foundation Charitable Trust

How much does The Yeargan Foundation Charitable Trust give each year?

The Yeargan Foundation Charitable Trust gave $2.5M across 22 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.0M across 16 grants.

What is The Yeargan Foundation Charitable Trust's typical grant size?

The Yeargan Foundation Charitable Trust's median grant in 2025 was $5,000, and its average grant was $112,518, across 22 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Yeargan Foundation Charitable Trust that year got $91K on average.

Where does The Yeargan Foundation Charitable Trust give grants?

The Yeargan Foundation Charitable Trust gives mostly in North Carolina: 83% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Louisiana (12%). The most frequent recipient cities were New Orleans, LA (4 grants), Raleigh, NC (3 grants), Durham, NC (2 grants) and Garner, NC (2 grants).

Does The Yeargan Foundation Charitable Trust give general operating support?

Not in 2025: none of the 22 grants with a stated purpose on The Yeargan Foundation Charitable Trust's 2025 IRS Form 990-PF were described as general or operating support.

Who are The Yeargan Foundation Charitable Trust's largest grantees?

The Yeargan Foundation Charitable Trust's largest 2025 grantees include WakeMed Foundation ($1,000,000), Duke University ($400,000) and Transitions Life Care ($325,000), according to its 2025 IRS Form 990-PF. Together they received 70% of its itemized 2025 grant dollars.

How large is The Yeargan Foundation Charitable Trust?

The Yeargan Foundation Charitable Trust reported $24.0M in total assets on its 2025 IRS Form 990-PF. It paid out $2.5M in qualifying distributions that year, against a required minimum of $2.8M (roughly 5% of its investment assets).

What does The Yeargan Foundation Charitable Trust fund?

No mission statement for the foundation is provided. Its grants show support for organizations working in a range of areas. For example, Durham Nativity School says it provides educational opportunities for socioeconomically disadvantaged and at-risk boys. Immigrant Defenders Law Center describes its work as defending immigrant communities against injustices in the immigration system, while Canines for Service says it seeks to inspire veterans through canine partnerships. Bristol Bay Heritage L…

How do I apply for a grant from The Yeargan Foundation Charitable Trust?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Yeargan Foundation Charitable Trust's EIN?

The Yeargan Foundation Charitable Trust's EIN (Employer Identification Number) is 58-1846281. IRS Form 990 filing data is available on this page for 2020–2025.

Does The Yeargan Foundation Charitable Trust accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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