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.
The Yeargan Foundation Charitable Trust at a glance
In short: The Yeargan Foundation Charitable Trust gave $2.5M across 22 grants in 2025 (avg $113K), mostly in North Carolina. 68% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,475,400
- +22.4% vs 2024
- Grants made (2025)
- 22
- +37.5% vs 2024
- Average grant
- $112,518
- -11.0% vs 2024
- Median grant
- $5,000
- Total assets
- $24,038,064
- +96.9% vs 2024
- New grantees (estimate)
- 68% first-time grantees (15 of 22, 2025; small sample)
- Primary geography
- North Carolina (83% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Yeargan Foundation Charitable Trust
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 7777 White Oak Road, Garner, NC 27529
Phone: (919) 622-3935
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Yeargan Foundation Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was WakeMed Foundation ($1.0M). Together the top 10 received $2.5M.
Grant Size Distribution
71 grants across all recorded years
The most common grant size was under $50K: 43 grants of 71 (61%).
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 2025 grant dollars across all 22 itemized grants.
States
Cities
Is The Yeargan Foundation Charitable Trust open to new grantees?
68%
first-time grantees, 2025
In 2025, 15 of 22 grantees (68%) were first-time recipients. With only 22 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $97K; repeat grants $145K. How we count
Medians: $100 first-time, $120K repeat.
- 27% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $449K (2023) to $2.5M (2025). In 2025 it made 22 grants totaling $2.5M.
Grants by year
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 |
Ready to take the next step with The Yeargan Foundation Charitable Trust?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $24,038,064 | $6,681,879 | $2,781,483 | $2,475,400 | 22 | $2,519,752 | $6,420,148 | $2,765,902 |
| 2024 | $12,209,533 | $1,618,517 | $2,403,735 | $2,021,905 | 16 | $2,099,523 | $1,188,715 | $2,488,237 |
| 2023 | $12,994,751 | $3,454,838 | $778,583 | $449,280 | 10 | $504,945 | $3,011,241 | $2,221,657 |
| 2022 | $10,318,496 | $854,087 | $750,694 | $455,300 | 10 | $485,676 | $461,115 | $2,138,018 |
| 2021 | $10,215,103 | $3,010,488 | $2,695,406 | $2,384,620 | 13 | $2,422,590 | $847,338 | $2,120,659 |
| 2020 | $9,900,021 | $6,052,371 | $852,565 | $596,600 | 18 | — | $336,712 | $1,781,321 |
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.
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.
The largest listed awards were $1,000,000 to WakeMed Foundation for the Courage to Confront Crisis Campaign; $400,000 to Duke University for the Hubert-Yeargan Center Gift Fund; $325,000 to Transitions Life Care for hospice and palliative care and bereavement services; and $300,000 to Bastion Community of Resilence for veteran wellness center completion and expansions. Other listed awards included $162,500 to Durham Nativity School to provide excellent education for young men and $120,000 to Community of Hope for housing and food insecurity assistance.
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
The highest reported compensation on the 2025 filing was $60K, to Sherman A Yeargan Jr (Trustee).
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 $97K 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). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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. See mission & focus areas ↑
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 October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
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
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Cite this profile
Grantable. (2026). The Yeargan Foundation Charitable Trust funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/the-yeargan-foundation-charitable-trust-morg_e83be39d1dde49cb85412378f549fb7c
BibTeX
@misc{grantable_581846281_2026,
author = {{Grantable}},
title = {{The Yeargan Foundation Charitable Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-yeargan-foundation-charitable-trust-morg_e83be39d1dde49cb85412378f549fb7c},
note = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Yeargan Foundation Charitable Trust'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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