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Allan C Mims And Margaret L Mims Charitable Trust is a private trust based in CHAPEL HILL, NC. The foundation received its IRS ruling in 2000. The principal officer is Franklin Street Trust Company. It holds total assets of $1M. Annual income is reported at $483K. The foundation is governed by 5 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in North Carolina. According to available records, Allan C Mims And Margaret L Mims Charitable Trust has made 13 grants totaling $215K, with a median grant of $15K. Annual giving has grown from $65K in 2020 to $150K in 2022. Individual grants have ranged from $5K to $35K, with an average award of $17K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$13K
Largest Grant
$35K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Allan C Mims And Margaret L Mims Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in NC.
Allan C Mims And Margaret L Mims Charitable Trust has distributed a total of $215K across 13 grants. The median grant size is $15K, with an average of $17K. Individual grants have ranged from $5K to $35K.
Allan C Mims And Margaret L Mims Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Allan C Mims And Margaret L Mims Charitable Trust is headquartered in CHAPEL HILL, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Franklin Street Trust Company | TRUSTEE | $13K | $0 | $13K |
| William R Johnston Jr | DIRECTOR | $4K | $0 | $4K |
| Thomas A Betts | DIRECTOR | $4K | $0 | $4K |
| William R Johnston Iii | DIRECTOR | $4K | $0 | $4K |
| Randall R Adams | DIRECTOR | $4K | $0 | $4K |
Total Giving
$73K
Total Assets
$994K
Fair Market Value
$1.2M
Net Worth
$994K
Grants Paid
$40K
Contributions
N/A
Net Investment Income
$22K
Distribution Amount
$56K
Total: $965K
Total Grants
13
Total Giving
$215K
Average Grant
$17K
Median Grant
$15K
Unique Recipients
6
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Mims Gallery Co The Dunn CenterTO SUPPORT CHARITABLE PURPOSE OF ORGANIZATION. | Rocky Mount, NC | $30K | 2022 |
| Nc Wesleyan CollegeTO SUPPORT THE STADIUM FUND. | Rocky Mount, NC | $25K | 2022 |
| Carolina Gateway PartnershipTO SUPPORT CHARITABLE PURPOSE OF ORGANIZATION. | Rocky Mount, NC | $15K | 2022 |
| Vidant Health FoundationTO SUPPORT CHARITABLE PURPOSE OF ORGANIZATION. | Greenville, NC | $5K | 2022 |
| Nc Aquarium SocietyTO SUPPORT CHARITABLE PURPOSE OF ORGANIZATION. | Raleigh, NC | $10K | 2020 |
| Whitakers Revitalize And PreserveTO SUPPORT CHARITABLE PURPOSE OF ORGANIZATION. | Whitakers, NC | $5K | 2020 |