W Trent Ragland Jr Foundation
The W. Trent Ragland, Jr. Foundation is a private 501(c)(3) grantmaking foundation based in High Point, North Carolina. Established in 1961, the foundation operates as a private foundation focused on philanthropic giving to support charitable causes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.6M
+2.3% YoY
Annual Giving
$1.1M
+48.0% YoY
Grant Count
69
+19.0% YoY
Avg Grant Size
$15K
+24.4% YoY
Mission & Focus Areas
The foundation supports organizations that promote self-reliance, patriotism, independence, respect for God, country and family, initiative, conservation, knowledge, compassion, and community. The principal intent is to allow individuals to pursue and achieve self-improvement by giving "a hand up, not a hand out."
Primary funding areas include:
- Education
- Human Services
- Philanthropy, Voluntarism & Grantmaking
Grantmaking
Average Grant
amount varies by year
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in North Carolina and Virginia, with particular emphasis on Wake County, North Carolina.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2023:
- Total Assets: $22,089,294
- Total Revenues: $1,706,553
- Total Expenses: $906,648
- Investment Income and Dividends: $1,218,759
- Total Liabilities: $0
As of December 2024:
- Total Assets: $22,587,836
- Total Giving: $1,063,520
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,587,836 | $22,089,294 | $21,289,389 |
| Revenue | $1,793,759 | $1,706,553 | $1,567,027 |
| Expenses | $1,295,217 | $906,648 | $1,269,018 |
| Qualifying Distributions | $1,063,520 | $718,400 | $1,033,300 |
| Net Investment Income | $1,599,461 | $1,548,191 | $1,444,471 |
| Distributable Amount | $1,215,575 | $1,041,641 | $1,126,257 |
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
188 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Wells Fargo Bank NA serves as trustee for the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PINNACLE BANK | TRUSTEE | 1 | — |
| IRIS TURNER | GRANT MANAGER | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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