W Lester Brooks Foundation Inc
W Lester Brooks Foundation Inc is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $746K in total assets. In 2024, it awarded 20 grants totaling $58K. Net investment income was $52K.
Key facts about W Lester Brooks Foundation Inc
- EIN
- 56-6060695
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $58,000
- Grants made (2024)
- 20
- Average grant
- $2,900
- Median grant
- $1,500
- Total assets
- $746,480
- Primary geography
- North Carolina (92% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who W Lester Brooks Foundation Inc funds
By grant dollars, the top recipient states for W Lester Brooks Foundation Inc's 20 itemized 2024 grants were North Carolina (92%). The most frequent recipient cities were Raleigh, NC (6 grants), Charlotte, NC (4 grants), New Bern, NC (2 grants) and Winston Salem, NC (2 grants). None of its 20 grants with a stated purpose were described as general or operating support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$746K
-6.2% YoY
Annual Giving
$58K
+6.4% YoY
Grant Count
20
-13.0% YoY
Avg Grant Size
$3K
+22.4% YoY
Under IRS private-foundation payout rules, W Lester Brooks Foundation Inc reported a distributable amount of $60K for 2024 — the minimum it must pay out in qualifying distributions.
About W Lester Brooks Foundation Inc
Based on IRS filings
W Lester Brooks Foundation Inc is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $746K in total assets. In 2024, it awarded 20 grants totaling $58K. Net investment income was $52K.
Ready to take the next step with W Lester Brooks Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 20 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $746,480 | $796,059 | $804,225 |
| Revenue | $21,413 | $52,807 | $57,460 |
| Expenses | $61,250 | $55,925 | $61,550 |
| Qualifying Distributions | $58,000 | $54,500 | $54,000 |
| Net Investment Income | $51,530 | $60,093 | $54,262 |
| Distributable Amount | $60,090 | $53,477 | $54,828 |
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 2024
Grant Size Distribution
90 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Nc Disaster Relief Fund ($13,000), Religious Community Service ($8,000), Myers Park Presbyterian Church ($6,250).
| Recipient | Purpose | Amount |
|---|---|---|
| NC DISASTER RELIEF FUND RALEIGH, NC | HURRICANE HELENE RELIEF | $13,000 |
| RELIGIOUS COMMUNITY SERVICE NEW BERN, NC | PROVIDE FOOD, CLOTHING, AND SHELTER | $8,000 |
| MYERS PARK PRESBYTERIAN CHURCH CHARLOTTE, NC | FOR COMMUNITY NEEDS & BUILDING FUND | $6,250 |
| THE DUKE MANSION CHARLOTTE, NC | HISTORICAL PRESERVATION | $5,250 |
| NEW BERN HISTORICAL SOCIETY NEW BERN, NC | CONSERVATION/SHARING HISTORY | $4,000 |
| A TOUCH OF THE FATHER'S LOVE NASHVILLE, NC | PROVIDE FOOD TO NEEDY | $3,000 |
| MYERS PARK UNITED METHODIST CHURCH CHARLOTTE, NC | FOR COMMUNITY NEEDS | $3,000 |
| WHITE MEMORIAL PRESBYTERIAN RALEIGH, NC | TO SERVE THE COMMUNITY | $3,000 |
| JVC NORTHWEST MILWAUKIE, OR | RESPOND TO COMMUNITY NEEDS | $2,000 |
| CAMP SEAGULLCAMP SEAFARER RALEIGH, NC | CAMP EXPERIENCE FOR ALL CHILDREN | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARTER B MACBAIN | Vice President | — | — |
| JANET B DUDLEY | Secretary | — | — |
| WILLIAM L BROOKS III | President | — | — |
Frequently Asked Questions
How large is W Lester Brooks Foundation Inc?
As of 2024, W Lester Brooks Foundation Inc holds $746K in total assets with $21K in annual revenue. It awarded 20 grants totaling $58K in 2024.
Where does W Lester Brooks Foundation Inc operate?
W Lester Brooks Foundation Inc has awarded grants in Maryland, North Carolina, New Jersey, Oregon, Tennessee, Virginia, Washington.
What size grants does W Lester Brooks Foundation Inc award?
In 2024, W Lester Brooks Foundation Inc awarded 20 grants totaling $58K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is W Lester Brooks Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, W Lester Brooks Foundation Inc reported a distributable amount of $60K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is W Lester Brooks Foundation Inc's EIN?
W Lester Brooks Foundation Inc's EIN (Employer Identification Number) is 56-6060695. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in W Lester Brooks Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.