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Burcal Family Educational Trust is a private trust based in CORNELIUS, NC. The foundation received its IRS ruling in 2018. The principal officer is John H Burcal. It holds total assets of $1M. Annual income is reported at $31K. Total assets have grown from $610K in 2019 to $888K in 2023. The foundation is governed by 3 officers and trustees. 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, Burcal Family Educational Trust has made 4 grants totaling $41K, with a median grant of $7K. Annual giving has grown from $13K in 2022 to $28K in 2023. Individual grants have ranged from $3K to $25K, with an average award of $10K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in North Carolina. 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.
Burcal Family Educational Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NC.
Burcal Family Educational Trust has distributed a total of $41K across 4 grants. The median grant size is $7K, with an average of $10K. Individual grants have ranged from $3K to $25K.
Burcal Family Educational Trust typically selects its grantees rather than accepting unsolicited proposals. The application deadline is June 30 of year to matriculate. Max 25000yr total 4 years at a universitycomm collegetrade sch.
Burcal Family Educational Trust is headquartered in CORNELIUS, NC.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary B Burcal | Trustee | $0 | $0 | N/A |
| Robert G Burcal | Trustee | $0 | $0 | N/A |
| John H Burcal | Trustee | $0 | $0 | N/A |
Total Giving
$28K
Total Assets
$888K
Fair Market Value
$888K
Net Worth
$888K
Grants Paid
$28K
Contributions
$138
Net Investment Income
$26K
Distribution Amount
$3K
Total: $888K
Total Grants
4
Total Giving
$41K
Average Grant
$10K
Median Grant
$7K
Unique Recipients
3
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Unc-Chapel Hill Cashier'S OfficeTo further the graduate education of the recipient | Chapel Hill, NC | $25K | 2023 |
| Eastern Carolina University Cashier'S OfficeFor the undergraduate education of the recipient | Greenville, NC | $3K | 2023 |
| Eastern Carolina University CashierFor the undergraduate education of Mikayla Secrest in health sciences to be a physicians assistant | Greenville, NC | $4K | 2022 |