Trust Education Foundation Inc Co First

RALEIGH, NC EIN: 23-7170672

Trust Education Foundation Inc Co First is a private foundation, based in RALEIGH, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 1 grants totaling $85K. Net investment income was $76K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.7M

+4.8% YoY

Annual Giving

$85K

-47.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$85K

-47.0% YoY

About Trust Education Foundation Inc Co First

Based on IRS filings

Trust Education Foundation Inc Co First is a private foundation, based in RALEIGH, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 1 grants totaling $85K. Net investment income was $76K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Buies Creek

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$117K$234K$351K$469K20212022202320242025
Metric202520242023
Total Assets$1,653,824$1,577,425$1,576,639
Revenue$426,004$384,406$339,641
Expenses$354,490$378,189$249,718
Qualifying Distributions$193,848$229,516$113,234
Net Investment Income$76,241$63,570$19,778
Distributable Amount$91,898$83,623$74,726

Giving Over Time

Total grant dollars and number of grants per year

$0$40K$80K$120K$160K1 grants20211 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

CAMPBELL UNIVERSITY$85K

Grant Size Distribution

5 grants across all recorded years

1<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

PATRICK W ALYWARDEXECUTIVE DIRECTOR$60K

From 2025 filing

NameTitleHoursCompensation
JASON NIELLCHAIRMAN15
LAWRENCE CHAMBERSPRESIDENT5
JIMMY WITHERSPOONSECRETARY/TREASURER10
PATRICK W ALYWARDEXECUTIVE DIRECTOR5$60,000

Related Funders

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

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