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Durham Foundation-Boone Memorial Fund For Elon College is a private trust based in ORLANDO, FL. The foundation received its IRS ruling in 1949. The principal officer is Central Carolina Bk & Trust Co Trust. It holds total assets of $185K. Annual income is reported at $61K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Durham Foundation-Boone Memorial Fund For Elon College has made 2 grants totaling $16K, with a median grant of $8K. The foundation has distributed between $7K and $9K annually from 2022 to 2023. Individual grants have ranged from $7K to $9K, with an average award of $8K. 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.
Durham Foundation-Boone Memorial Fund For Elon College is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NC.
Durham Foundation-Boone Memorial Fund For Elon College has distributed a total of $16K across 2 grants. The median grant size is $8K, with an average of $8K. Individual grants have ranged from $7K to $9K.
Durham Foundation-Boone Memorial Fund For Elon College typically selects its grantees rather than accepting unsolicited proposals.
Durham Foundation-Boone Memorial Fund For Elon College is headquartered in ORLANDO, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Truist Bank | TRUSTEE | N/A | $0 | N/A |
Total Giving
$10K
Total Assets
$182K
Fair Market Value
$207K
Net Worth
$182K
Grants Paid
$7K
Contributions
N/A
Net Investment Income
$5K
Distribution Amount
$10K
Total: $36K
Total Grants
2
Total Giving
$16K
Average Grant
$8K
Median Grant
$8K
Unique Recipients
1
Most Common Grant
$7K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Elon UniversityGENERAL OPERATING | Town Of Elon, NC | $7K | 2023 |