Wayland Henry Cato Jr Foundation
Wayland Henry Cato Jr Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 6 grants totaling $2.5M. Net investment income was $76K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
-2.8% YoY
Annual Giving
$2.5M
+4499.4% YoY
Grant Count
6
+200.0% YoY
Avg Grant Size
$422K
+1433.1% YoY
Under IRS private-foundation payout rules, Wayland Henry Cato Jr Foundation reported a distributable amount of $105K for 2024 — the minimum it must pay out in qualifying distributions.
About Wayland Henry Cato Jr Foundation
Based on IRS filings
Wayland Henry Cato Jr Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 6 grants totaling $2.5M. Net investment income was $76K.
Focus Areas
Ready to take the next step with Wayland Henry Cato Jr Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,994,080 | $2,051,575 | $1,897,324 |
| Revenue | $2,478,254 | $215,323 | $90,392 |
| Expenses | $2,535,749 | $60,978 | $10,159 |
| Qualifying Distributions | $2,529,679 | $55,000 | $5,000 |
| Net Investment Income | $75,566 | $63,046 | $80,979 |
| Distributable Amount | $105,453 | $80,174 | $76,907 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Atrium Health Foundation ($1,000,000), Novant Health Presbyterian Medical Center Foundation ($1,000,000), Central Piedmont Community College ($374,679).
| Recipient | Purpose | Amount |
|---|---|---|
| MYERS PARK UNITED METHODIST CHURCH CHARLOTTE, NC | CHARITABLE | $50,000 |
| UNIVERSITY OF SOUTH CAROLINA EDUCATIONAL FOUNDATION COLUMBIA, SC | EDUCATIONAL | $5,000 |
| ATRIUM HEALTH FOUNDATION CHARLOTTE, NC | CHARITABLE | $1,000,000 |
| NOVANT HEALTH PRESBYTERIAN MEDICAL CENTER FOUNDATION CHARLOTTE, NC | CHARITABLE | $1,000,000 |
| ST PHILLIP'S CHURCH CHARLESTON, SC | CHARITABLE | $100,000 |
| CENTRAL PIEDMONT COMMUNITY COLLEGE CHARLOTTE, NC | EDUCATIONAL | $374,679 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CLARICE CATO GOODYEAR | CO-TRUSTEE,CHAIRMAN, BOARD OF ADVISORS | — | — |
| THERESA R GEBHARDT | CO-TRUSTEE,VICE-CHAIR,SECRETARY | — | — |
| JOHN PD CATO | BOARD OF ADVISORS | — | — |
| THOMAS E CATO | BOARD OF ADVISORS | — | — |
| HAROLD PRATT-THOMAS | BOARD OF ADVISORS | — | — |
| HOWARD WEISS | BOARD OF ADVISORS | — | — |
| LAT PURSER | BOARD OF ADVISORS | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Wayland Henry Cato Jr Foundation?
Wayland Henry Cato Jr Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. It holds $2.0M in total assets as of 2024.
How large is Wayland Henry Cato Jr Foundation?
As of 2024, Wayland Henry Cato Jr Foundation holds $2.0M in total assets with $2.5M in annual revenue. It awarded 6 grants totaling $2.5M in 2024.
Where does Wayland Henry Cato Jr Foundation operate?
Wayland Henry Cato Jr Foundation has awarded grants in District of Columbia, North Carolina, South Carolina.
What size grants does Wayland Henry Cato Jr Foundation award?
In 2024, Wayland Henry Cato Jr Foundation awarded 6 grants totaling $2.5M — an average of about $422K per grant, based on its IRS Form 990 filings.
How much is Wayland Henry Cato Jr Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Wayland Henry Cato Jr Foundation reported a distributable amount of $105K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Wayland Henry Cato Jr Foundation's EIN?
Wayland Henry Cato Jr Foundation's EIN (Employer Identification Number) is 82-0799936. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Wayland Henry Cato Jr Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Hillbrook Gkp Iii Foundation Inc
GREENSBORO, NC
Assets
$32K
Grants
1
Total Given
$2K
Rotary Club of Salisbury Charities
SALISBURY, NC
Assets
$39K
Grants
1
Total Given
$50K
Ihope Foundation
GREENSBORO, NC
Assets
$10K
Grants
1
Total Given
$20K
Flow Foundation Inc
WINSTONSALEM, NC
Assets
$395K
Grants
53
Total Given
$1.5M
Orange County Partnership for Young
HILLSBOROUGH, NC
Assets
$477K
Grants
18
Total Given
$2.1M
North Carolina Baptist Hospital
WINSTONSALEM, NC
Assets
$2.8B
Grants
17
Total Given
$634K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Wayland Henry Cato Jr Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Wayland Henry Cato Jr Foundation to a real strategy.