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
Under IRS private-foundation payout rules, W Trent Ragland Jr Foundation reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include The Elizabeth Vann Moore Foundation ($254,120), Triangle Sports Commission Inc ($50,000), Raleigh Rescue Mission Incorporated ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WITH LOVE FROM JESUS MINISTRIES RALEIGH, NC | GENERAL OPERATING | $10,000 |
| UNIVERSITY OF NORTH CAROLINA PRESS CHAPELL HILL, NC | GENERAL OPERATING | $500 |
| UNC HEALTH FOUNDATION INC CHAPELL HILL, NC | GENERAL OPERATING | $1,500 |
| UNC CHAPEL HILL SCHOOL OF LAW CHAPEL HILL, NC | GENERAL OPERATING | $500 |
| UNC CHAPEL HILL INSTITUTE FOR THE ARTS AND HUMANITIES CHAPELL HILL, NC | GENERAL OPERATING | $500 |
| TRIANGLE SPORTS COMMISSION INC CARY, NC | GENERAL OPERATING | $50,000 |
| TRIANGLE FAMILY SERVICES INC RALEIGH, NC | GENERAL OPERATING | $10,000 |
| TRANSITIONS LIFECARE RALEIGH, NC | GENERAL OPERATING | $25,000 |
| THE ELIZABETH VANN MOORE FOUNDATION EDENTON, NC | GENERAL OPERATING | $254,120 |
| SALVATION ARMY OF WAKE COUNTY RALEIGH, NC | GENERAL OPERATING | $12,500 |
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
Frequently Asked Questions
What does W Trent Ragland Jr Foundation fund?
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
How do I apply for a grant from W Trent Ragland Jr Foundation?
**Grant Activity:** • Made 16 grants in 2023, with 41 total grants documented • Typical grant awards range from $100 to $265,100 • Average grant amount varies by year **Recent Grants (2023):** • Elizabeth Vann Moore Foundation: $200,000 (General Operating) • Triangle Sports Commission: $50,000 (General Operating) • North Carolina State University Foundation: $25,000 (General Operating) **Total Giving:** $1,063,520 (2024 fiscal year)
Where does W Trent Ragland Jr Foundation make grants?
The foundation primarily funds organizations in North Carolina and Virginia, with particular emphasis on Wake County, North Carolina.
What size grants does W Trent Ragland Jr Foundation award?
In 2024, W Trent Ragland Jr Foundation awarded 69 grants totaling $1.1M — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is W Trent Ragland Jr Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, W Trent Ragland Jr Foundation reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is W Trent Ragland Jr Foundation's EIN?
W Trent Ragland Jr Foundation's EIN (Employer Identification Number) is 56-6035980. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in W Trent Ragland Jr Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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