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L T Grantham Trust Uw is a private trust based in RALEIGH, NC. The foundation received its IRS ruling in 1993. The principal officer is 1st Citizens Bk & Trust Co Co-Ttee. It holds total assets of $1.6M. Annual income is reported at $1.2M. 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 2017 to 2023. According to available records, L T Grantham Trust Uw has made 6 grants totaling $287K, with a median grant of $50K. Annual giving has grown from $89K in 2020 to $199K in 2022. Individual grants have ranged from $44K to $50K, with an average award of $48K. The foundation has supported 2 unique organizations. 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.
L T Grantham Trust Uw is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in NC.
L T Grantham Trust Uw has distributed a total of $287K across 6 grants. The median grant size is $50K, with an average of $48K. Individual grants have ranged from $44K to $50K.
L T Grantham Trust Uw typically selects its grantees rather than accepting unsolicited proposals.
L T Grantham Trust Uw is headquartered in RALEIGH, NC.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Citizens Bank | TRUSTEE | $24K | $0 | $24K |
Total Giving
$111K
Total Assets
$1.6M
Fair Market Value
$1.7M
Net Worth
$1.6M
Grants Paid
$85K
Contributions
N/A
Net Investment Income
$18K
Distribution Amount
$82K
Total: $1.6M
Total Grants
6
Total Giving
$287K
Average Grant
$48K
Median Grant
$50K
Unique Recipients
2
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mount Olive CollegeANNUAL DISTRIBUTION | Mount Olive, NC | $50K | 2022 |
| Wake Forest UniversityANNUAL DISTRIBUTION | Winstonsalem, NC | $50K | 2022 |