The Yeargan Foundation Charitable Trust
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.
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
Share of all 22 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
71 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| WakeMed Foundation Raleigh, NC | Courage to Confront Crisis Campaign | $1,000,000 |
| Duke University Durham, NC | Hubert-Yeargan Center Gift Fund | $400,000 |
| Transitions Life Care Raleigh, NC | Hospice and Palliative Care, Bereavement Services | $325,000 |
| Bastion Community of Resilence New Orleans, LA | Veteran Wellness Center Completion and Expansions | $300,000 |
| Durham Nativity School Durham, NC | Provide Excellent Education for Young Men | $162,500 |
| Community of Hope Garner, NC | Community Assistance for Housing and Food Insecurity | $120,000 |
| 50 Legs in 50 Days Clearwater, FL | Provide Amputees with Care and Prosthetics | $50,000 |
| Canines for Service Inc Wilmington, NC | Train Service Canines for Veterans | $50,000 |
| Immigrant Defenders Law Center Los Angeles, CA | Universal Representation for all Immigrants Facing Deportation | $50,000 |
| Bristol Bay Heritage Land Trust Dillingham, AK | Fly 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 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- 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
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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