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Elias H Pegram Jr Charitable Trust is a private trust based in SUFFOLK, VA. The foundation received its IRS ruling in 2019. The principal officer is Worthy K Keener Jr. It holds total assets of $1M. Annual income is reported at $214K. Total assets have grown from $687K in 2019 to $1M in 2023. The foundation is governed by 3 officers and trustees. 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 2020 to 2023. Grantmaking is concentrated in North Carolina. According to available records, Elias H Pegram Jr Charitable Trust has made 19 grants totaling $169K, with a median grant of $5K. Annual giving has grown from $25K in 2020 to $60K in 2023. Grantmaking activity was highest in 2021 with $74K distributed across 10 grants. Individual grants have ranged from $2K to $50K, with an average award of $9K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$7K
Largest Grant
$20K
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.
Elias H Pegram Jr Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in NC.
Elias H Pegram Jr Charitable Trust has distributed a total of $169K across 19 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $2K to $50K.
Elias H Pegram Jr Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Elias H Pegram Jr Charitable Trust is headquartered in SUFFOLK, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sharon Giddens | Trustee | $0 | $0 | N/A |
| Ira Williams | Trustee | $0 | $0 | N/A |
| Katie King | Trustee | $0 | $0 | N/A |
Total Giving
$71K
Total Assets
$1M
Fair Market Value
$1.2M
Net Worth
$1M
Grants Paid
$60K
Contributions
$25K
Net Investment Income
$67K
Distribution Amount
$46K
Total Grants
19
Total Giving
$169K
Average Grant
$9K
Median Grant
$5K
Unique Recipients
7
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wake Forest Institute Of Regenerative MedicinePublic health | Winston Salem, NC | $50K | 2023 |
| Winston Salem Rescue MissionCommunity Support | Winston Salem, NC | $5K | 2023 |
| Second Harvest Food BankCommunity Support | Winston Salem, NC | $5K | 2023 |
| Wake Forest UniversityScholarship | Winston Salem, NC | $20K | 2021 |
| Wake Forest Institute For Regenerative MedicinePublic Health | Winston Salem, NC | $5K | 2021 |
| New Philadelphia Moravian ChurchReligious | Winston Salem, NC | $2K | 2021 |
| Wake Forest Institute For RegeneratPUBLIC HEALTH | Winston Salem, NC | $5K | 2020 |