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Frances V Holton Foundation is a private corporation based in RALEIGH, NC. The foundation received its IRS ruling in 1998. The principal officer is D Fontes. It holds total assets of $769K. Annual income is reported at $192K. Total assets have decreased from $1.1M in 2011 to $769K in 2024. The foundation is governed by 5 officers and trustees. See "part xv - line 3a". According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. Grantmaking is concentrated in North Carolina. According to available records, Frances V Holton Foundation has made 21 grants totaling $220K, with a median grant of $10K. The foundation has distributed between $55K and $110K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $110K distributed across 10 grants. Individual grants have ranged from $5K to $15K, with an average award of $10K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$15K
Average Grant
$11K
Largest Grant
$15K
Based on 5 grants from the most recent 990-PF filing.
See "part xv - line 3a"
See "part xv - line 3a". Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in NC.
Frances V Holton Foundation has distributed a total of $220K across 21 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $5K to $15K.
Frances V Holton Foundation typically selects its grantees rather than accepting unsolicited proposals.
Frances V Holton Foundation is headquartered in RALEIGH, NC.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary Jo Rochelle | SECRETARY | $30K | $0 | $30K |
| Donald F Fontes | PRESIDENT | $30K | $0 | $30K |
| Randall Fontes | CO-DIRECTOR | $0 | $0 | N/A |
| William J Blanton | V/PRES. - TREASURER | $0 | $0 | N/A |
| Deeann Fontes | CO-DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$769K
Fair Market Value
N/A
Net Worth
$685K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
21
Total Giving
$220K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
7
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Durham Rescue MissionUNRESTRICTED | Durham, NC | $15K | 2023 |
| American Red Cross Of Durham CountyUNRESTRICTED | Durham, NC | $10K | 2023 |
| Food Bank Of Eastern NcUNRESTRICTED | Durham, NC | $10K | 2023 |
| Salvation Army Of Durham CountyUNRESTRICTED | Durham, NC | $10K | 2023 |
| Center For Child And Family HealthUNRESTRICTED | Durham, NC | $5K | 2023 |
| Meals On Wheels Of DurhamUNRESTRICTED | Durham, NC | $5K | 2023 |
| Food Bank Of NcUNRESTRICTED | Durham, NC | $15K | 2022 |