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Also known as: FOUNDATION TRUST
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D Michael Warner-Elizabeth B Craven Foundation Trust is a private trust based in CHAPEL HILL, NC. The foundation received its IRS ruling in 2017. The principal officer is David Michael Warner. It holds total assets of $4.6M. Annual income is reported at $1.4M. The foundation is governed by 2 officers and trustees. To foster long-term improvements and socio-economic opportunities and quality of life for low income north carolinians. Tax records are available from 2016 to 2023. Grantmaking is concentrated in North Carolina. According to available records, D Michael Warner-Elizabeth B Craven Foundation Trust has made 13 grants totaling $1.2M, with a median grant of $100K. The foundation has distributed between $580K and $635K annually from 2020 to 2022. Individual grants have ranged from $10K to $250K, with an average award of $93K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$50K
Average Grant
$83K
Largest Grant
$250K
Based on 7 grants from the most recent 990-PF filing.
To foster long-term improvements and socio-economic opportunities and quality of life for low income north carolinians.
Expenses: $640K
To foster long-term improvements and socio-economic opportunities and quality of life for low income north carolinians. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in NC.
D Michael Warner-Elizabeth B Craven Foundation Trust has distributed a total of $1.2M across 13 grants. The median grant size is $100K, with an average of $93K. Individual grants have ranged from $10K to $250K.
The application deadline is SPECIFICS MAY BE OBTAINED AT THE ABOVE ADDRESS. Organizations working to foster long-term improvements and socio-economic opportunities and quality of life for low income north carolinians. Must be a 501(c)(3) organization.
D Michael Warner-Elizabeth B Craven Foundation Trust is headquartered in CHAPEL HILL, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| D Michael Warner | TRUSTEE | $0 | $0 | N/A |
| Elizabeth B Craven | TRUSTEE | $0 | $0 | N/A |
Total Giving
$524K
Total Assets
$5.3M
Fair Market Value
$5.3M
Net Worth
$5.3M
Grants Paid
$485K
Contributions
N/A
Net Investment Income
$312K
Distribution Amount
$261K
Total: $4.4M
Total Grants
13
Total Giving
$1.2M
Average Grant
$93K
Median Grant
$100K
Unique Recipients
7
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Planned Parenthood South AtlanticTO PROVIDE SUPPORT | Raleigh, NC | $250K | 2022 |
| Nc Justice & Community Dev CenterTO PROVIDE SUPPORT | Raleigh, NC | $125K | 2022 |
| Democracy NcTO PROVIDE SUPPORT | Durham, NC | $100K | 2022 |
| Imagine Nc FirstTO PROVIDE SUPPORT | Raleigh, NC | $100K | 2022 |
| East Durham Childrens InitiativeTO PROVIDE SUPPORT | Durham, NC | $50K | 2022 |
| Nc Center For NonprofitsTO PROVIDE SUPPORT | Durham, NC | $10K | 2022 |
| Compass Center For Safe HomesTO PROVIDE SUPPORT | Chapel Hill, NC | $20K | 2020 |