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Cary Oil Foundation Inc. is a private corporation based in CARY, NC. The foundation received its IRS ruling in 1998. The principal officer is Anthony Craig Stephenson. It holds total assets of $2.1M. Annual income is reported at $68K. Total assets have decreased from $3.3M in 2011 to $2.1M in 2024. The foundation is governed by 2 officers and trustees. The foundation distributed $498,500 to 4 organizations during 2022 for educational, civic, and other charitable purposes. Tax records are available from 2015 to 2024. According to available records, Cary Oil Foundation Inc. has made 17 grants totaling $2.6M, with a median grant of $1K. Annual giving has decreased from $1.5M in 2020 to $6K in 2023. Individual grants have ranged from $500 to $1.4M, with an average award of $154K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in Massachusetts and North Carolina and South Carolina. Contributions to this foundation are tax-deductible.
The foundation distributed $498,500 to 4 organizations during 2022 for educational, civic, and other charitable purposes.
Expenses: $499K
The foundation distributed $498,500 to 4 organizations during 2022 for educational, civic, and other charitable purposes. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in MA, NC, SC.
Cary Oil Foundation Inc. has distributed a total of $2.6M across 17 grants. The median grant size is $1K, with an average of $154K. Individual grants have ranged from $500 to $1.4M.
Geographical: central nc primary charitable fields: basic human service and youth service.
Cary Oil Foundation Inc. is headquartered in CARY, NC. While based in NC, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anthony Craig Stephenson | PRES., DIR. | $0 | $0 | N/A |
| Adam Stephenson | SEC., TREA., DIR. | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.1M
Fair Market Value
N/A
Net Worth
$2.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
17
Total Giving
$2.6M
Average Grant
$154K
Median Grant
$1K
Unique Recipients
12
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Eastern Randolph High School AthleticsEDUCATIONAL | Ramseur, NC | $3K | 2023 |
| Ymca Of The TriangleYOUTH PROGRAMS | Raleigh, NC | $2K | 2023 |
| Lina BenyahyaSCHOLARSHIP - WAKE TECHNICAL COMMUNITY COLLEGE | Holly Springs, NC | $1K | 2023 |
| Fidelity Investments Charitable Gift FundCHARITABLE | Boston, MA | $496K | 2022 |
| Positive Attitude Youth Center IncSOCIAL SERVICES | Burlington, NC | $1K | 2022 |
| Little Mountain Recreation AssociationSOCIAL SERVICES | Little Mountain, SC | $1K | 2021 |
| Triangle Community FoundationSOCIAL SERVICES | Research Triangle Park, NC | $30K | 2020 |
| Williams High School Booster ClubEDUCATIONAL | Burlington, NC | $1K | 2020 |
| Cary Chamber Of CommerceEDUCATIONAL | Cary, NC | $1K | 2020 |
| Southwestern Randolph High SchoolEDUCATIONAL | Asheboro, NC | $1K | 2020 |
| Sanford Area Soccer LeagueYOUTH PROGRAMS | Sanford, NC | $1K | 2020 |
| Ncsu College Of Engineering FoundationEDUCATIONAL | Raleigh, NC | $500 | 2020 |