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Alton Carlton And Martha C Elder Charitable Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1996. The principal officer is Nationsbank Of Va N A. It holds total assets of $359K. Annual income is reported at $62K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Virginia. According to available records, Alton Carlton And Martha C Elder Charitable Trust has made 28 grants totaling $71K, with a median grant of $3K. The foundation has distributed between $14K and $40K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $40K distributed across 14 grants. Individual grants have ranged from $300 to $5K, with an average award of $3K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$300
Median Grant
$5K
Average Grant
$3K
Largest Grant
$5K
Based on 7 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.
Alton Carlton And Martha C Elder Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in VA.
Alton Carlton And Martha C Elder Charitable Trust has distributed a total of $71K across 28 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $300 to $5K.
Alton Carlton And Martha C Elder Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Alton Carlton And Martha C Elder Charitable Trust is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $6K | $0 | $6K |
Total Giving
$23K
Total Assets
$348K
Fair Market Value
$381K
Net Worth
$348K
Grants Paid
$14K
Contributions
N/A
Net Investment Income
$4K
Distribution Amount
$18K
Total Grants
28
Total Giving
$71K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
7
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Treas So Bapt Sem ConventionUNRESTRICTED GENERAL | Richmond, VA | $3K | 2023 |
| Patrick Henry Boysgirls'UNRESTRICTED GENERAL | Brookneal, VA | $3K | 2023 |
| Virginia Baptist Homes IncUNRESTRICTED GENERAL | Culpeper, VA | $3K | 2023 |
| Virginia Baptist Childrens HomeUNRESTRICTED GENERAL | Salem, VA | $3K | 2023 |
| Spring Creek Baptist ChurchUNRESTRICTED GENERAL | Farmville, VA | $500 | 2023 |
| Falling River Baptist ChurchUNRESTRICTED GENERAL | Brookneal, VA | $300 | 2023 |
| Beulah Baptist ChurchUNRESTRICTED GENERAL | Brookneal, VA | $300 | 2023 |