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Charles Elbert Bingham & Meta Lunceford Bingham Perpetual is a private trust based in RALEIGH, NC. The foundation received its IRS ruling in 2016. The principal officer is First-Citizens Bank & Trust Co. It holds total assets of $1.7M. Annual income is reported at $488K. 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 2017 to 2023. Grantmaking is concentrated in North Carolina. According to available records, Charles Elbert Bingham & Meta Lunceford Bingham Perpetual has made 15 grants totaling $310K, with a median grant of $12K. Annual giving has grown from $94K in 2020 to $216K in 2022. Individual grants have ranged from $4K to $43K, with an average award of $21K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$10K
Average Grant
$19K
Largest Grant
$38K
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.
Charles Elbert Bingham & Meta Lunceford Bingham Perpetual primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in NC.
Charles Elbert Bingham & Meta Lunceford Bingham Perpetual has distributed a total of $310K across 15 grants. The median grant size is $12K, with an average of $21K. Individual grants have ranged from $4K to $43K.
Charles Elbert Bingham & Meta Lunceford Bingham Perpetual typically selects its grantees rather than accepting unsolicited proposals.
Charles Elbert Bingham & Meta Lunceford Bingham Perpetual is headquartered in RALEIGH, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Citizens Bank Trust Co | TRUSTEE | $26K | $0 | $26K |
Total Giving
$119K
Total Assets
$1.7M
Fair Market Value
$1.9M
Net Worth
$1.7M
Grants Paid
$92K
Contributions
N/A
Net Investment Income
$20K
Distribution Amount
$89K
Total: $1.6M
Total Grants
15
Total Giving
$310K
Average Grant
$21K
Median Grant
$12K
Unique Recipients
5
Most Common Grant
$43K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Centenary United Methodist ChurchGENERAL PURPOSES | Smithfield, NC | $43K | 2022 |
| Johnston Community CollegeGENERAL PURPOSES | Smithfield, NC | $43K | 2022 |
| Salvation Army Of SmithfieldGENERAL PURPOSES | Charlotte, NC | $12K | 2022 |
| Public Library Of Johnston CountyGENERAL PURPOSES | Smithfield, NC | $5K | 2022 |
| Smithfield Area Ministries Food ClosetGENERAL PURPOSES | Smithfield, NC | $4K | 2022 |