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Brooks Family Foundation Trust is a private trust based in WILMINGTON, NC. The foundation received its IRS ruling in 2020. It holds total assets of $8.7M. Annual income is reported at $4.1M. Total assets have grown from $1.3M in 2020 to $8.6M in 2023. 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. According to available records, Brooks Family Foundation Trust has made 25 grants totaling $1.6M, with a median grant of $60K. Annual giving has decreased from $1.1M in 2022 to $460K in 2023. Individual grants have ranged from $10K to $100K, with an average award of $62K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Texas and New Mexico. Contributions to this foundation are tax-deductible.
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.
Brooks Family Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in TX, NM.
Brooks Family Foundation Trust has distributed a total of $1.6M across 25 grants. The median grant size is $60K, with an average of $62K. Individual grants have ranged from $10K to $100K.
Brooks Family Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Brooks Family Foundation Trust is headquartered in WILMINGTON, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karin Armen Carson | TRUSTEE | $4K | $0 | $4K |
Total Giving
$564K
Total Assets
$8.6M
Fair Market Value
$9.3M
Net Worth
$8.6M
Grants Paid
$460K
Contributions
N/A
Net Investment Income
$57K
Distribution Amount
$448K
Total: $8.4M
Total Grants
25
Total Giving
$1.6M
Average Grant
$62K
Median Grant
$60K
Unique Recipients
10
Most Common Grant
$60K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Board Of Regents Of The University Of Texas SystemMUSIC FESTIVAL SERIES | Austin, TX | $100K | 2023 |
| New Mexico Rails & Trails AssociationGENERAL SUPPORT | Cloudcroft, NM | $50K | 2023 |
| El Paso Pro MusicaGENERAL SUPPORT | El Paso, TX | $50K | 2023 |
| Dogbreath ExpressGENERAL SUPPORT | Alamogordo, NM | $50K | 2023 |
| El Paso Symphony OrchestraGENERAL SUPPORT | El Paso, TX | $50K | 2023 |
| Pet Guardian Angel Welfare AssociationGENERAL SUPPORT | El Paso, TX | $50K | 2023 |
| Otero County Animal ShelterGENERAL SUPPORT | Alamogordo, NM | $50K | 2023 |
| El Paso MattersGENERAL SUPPORT | El Paso, TX | $10K | 2023 |
| Animal Rescue League El PasoGENERAL SUPPORT | El Paso, TX | $60K | 2022 |
| El Paso OperaGENERAL SUPPORT | El Paso, TX | $60K | 2022 |