Verna F Warren Trust Fbo Nazareth

CHAPEL HILL, NC EIN: 25-6904818

Verna F Warren Trust Fbo Nazareth is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHAPEL HILL, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $911K in total assets. In 2024, it awarded 1 grants totaling $53K. Net investment income was $63K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$911K

+1.1% YoY

Annual Giving

$53K

-12.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$53K

-12.9% YoY

Under IRS private-foundation payout rules, Verna F Warren Trust Fbo Nazareth reported a distributable amount of $53K for 2024 — the minimum it must pay out in qualifying distributions.

About Verna F Warren Trust Fbo Nazareth

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $276K (100%)

States

North Carolina

Cities

Rockwell

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$911,098	$901,590	$942,637
Revenue	$75,682	$30,760	$22,823
Expenses	$66,274	$73,251	$77,730
Qualifying Distributions	$53,420	$61,247	$62,661
Net Investment Income	$62,828	$18,807	$9,916
Distributable Amount	$52,964	$50,677	$54,192

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Nazareth Children's Home ($52,846).

Recipient	Purpose	Amount
NAZARETH CHILDREN'S HOME ROCKWELL, NC	FOR OPERATIONS OF THE HOME	$52,846

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
FRANKLIN STREET TRUST COMPANY	TRUSTEE	10	$10,912

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Verna F Warren Trust Fbo Nazareth?

Verna F Warren Trust Fbo Nazareth is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHAPEL HILL, NC. It holds $911K in total assets as of 2024.

How large is Verna F Warren Trust Fbo Nazareth?

As of 2024, Verna F Warren Trust Fbo Nazareth holds $911K in total assets with $76K in annual revenue. It awarded 1 grants totaling $53K in 2024.

Where does Verna F Warren Trust Fbo Nazareth operate?

Verna F Warren Trust Fbo Nazareth has awarded grants in North Carolina.

What size grants does Verna F Warren Trust Fbo Nazareth award?

In 2024, Verna F Warren Trust Fbo Nazareth awarded 1 grants totaling $53K — an average of about $53K per grant, based on its IRS Form 990 filings.

How much is Verna F Warren Trust Fbo Nazareth required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Verna F Warren Trust Fbo Nazareth reported a distributable amount of $53K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Verna F Warren Trust Fbo Nazareth's EIN?

Verna F Warren Trust Fbo Nazareth's EIN (Employer Identification Number) is 25-6904818. IRS Form 990 filing data is available on this page for 2020–2024.