Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Frances K@Lynch Charitable Trust is a private trust based in SMITHFIELD, NC. The foundation received its IRS ruling in 2019. The principal officer is James W Narron. It holds total assets of $376K. Annual income is reported at $24K. The foundation is governed by 1 officer or trustee. Grant of funds for the construction of an education wing on the east side of thanksgiving baptist church located at 6701 east n.c. Hwy, selma, north carolina, is the trust's sole purpose. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Frances K@Lynch Charitable Trust has made 6 grants totaling $133K, with a median grant of $22K. The foundation has distributed between $42K and $47K annually from 2020 to 2022. Individual grants have ranged from $21K to $23K, with an average award of $22K. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Grant of funds for the construction of an education wing on the east side of thanksgiving baptist church located at 6701 east n.c. Hwy, selma, north carolina, is the trust's sole purpose
Expenses: $21K
Grant of funds for the construction of an education wing on the east side of thanksgiving baptist church located at 6701 east n.c. Hwy, selma, north carolina, is the trust's sole purpose. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in NC.
Frances K@Lynch Charitable Trust has distributed a total of $133K across 6 grants. The median grant size is $22K, with an average of $22K. Individual grants have ranged from $21K to $23K.
Frances K@Lynch Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Frances K@Lynch Charitable Trust is headquartered in SMITHFIELD, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James W Narron | TRUSTEE | $3K | $0 | $3K |
Total Giving
$24K
Total Assets
$380K
Fair Market Value
$380K
Net Worth
$380K
Grants Paid
$19K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$18K
Total: $376K
Total Grants
6
Total Giving
$133K
Average Grant
$22K
Median Grant
$22K
Unique Recipients
1
Most Common Grant
$22K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Thanksgiving Baptist ChurchCONSTRUCTION OF EDUCATION WING | Selma, NC | $21K | 2022 |