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Labcorp Charitable Foundation is a private corporation based in BURLINGTON, NC. The foundation received its IRS ruling in 2003. It holds total assets of $19.8M. Annual income is reported at $4.3M. Total assets have grown from $536K in 2011 to $20.8M in 2023. The foundation is governed by 5 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. The foundation primarily funds organizations in North Carolina and Texas. According to available records, Labcorp Charitable Foundation has made 648 grants totaling $3.6M, with a median grant of $1K. Individual grants have ranged from N/A to $750K, with an average award of $6K. The foundation has supported 246 unique organizations. The foundation primarily supports organizations in North Carolina, New Jersey, Pennsylvania, which account for 45% of all grants. Grantmaking reaches organizations across 41 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$1K
Average Grant
$6K
Largest Grant
$250K
Based on 251 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.
Labcorp Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 648 grants. Its grantmaking reaches organizations primarily in NC, NJ, PA.
Labcorp Charitable Foundation has distributed a total of $3.6M across 648 grants. The median grant size is $1K, with an average of $6K. Individual grants have ranged from N/A to $750K.
Labcorp Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Labcorp Charitable Foundation is headquartered in BURLINGTON, NC. While based in NC, the foundation distributes grants to organizations across 41 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brenda Wagner | DIRECTOR | $0 | $0 | N/A |
| Thomas Kremer | DIRECTOR | $0 | $0 | N/A |
| Sandra D Van Der Vaart | PRESIDENT & SECRETARY | $0 | $0 | N/A |
| Glenn Eisenberg | VICE PRESIDENT & TREASURER | $0 | $0 | N/A |
| Sara Pieper | DIRECTOR | $0 | $0 | N/A |
Total Giving
$2.2M
Total Assets
$20.8M
Fair Market Value
$20.8M
Net Worth
$20.8M
Grants Paid
$2M
Contributions
N/A
Net Investment Income
$414K
Distribution Amount
$1M
Total: N/A
Total Grants
648
Total Giving
$3.6M
Average Grant
$6K
Median Grant
$1K
Unique Recipients
246
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Foundation For TomorrowGENERAL SUPPORT | Charlotte, NC | $40K | 2022 |
| American Diabetes AssociationGENERAL SUPPORT | Chesapeake, VA | $25K | 2022 |
| American Red CrossGENERAL SUPPORT | Greensboro, NC | $750K | 2022 |
| Alamance County Economic Development FoundationGENERAL SUPPORT | Burlington, NC | $50K | 2022 |
| Capital Health System FoundationGENERAL SUPPORT | Pennington, NJ | $50K | 2022 |
| United Way Of Alamance CountyGENERAL SUPPORT | Burlington, NC | $25K | 2022 |
| National Urban LeagueGENERAL SUPPORT | New York, NY | $25K | 2022 |
| Alamance County Meals On WheelsGENERAL SUPPORT | Burlington, NC | $25K | 2022 |
| University Of North Carolina At GreensboroGENERAL SUPPORT | Greensboro, NC | $25K | 2022 |
| Be The Match FoundationGENERAL SUPPORT | Minneapolis, MN | $25K | 2022 |
| National Multiple Sclerosis SocietyGENERAL SUPPORT | New York, NY | $20K | 2022 |
| Food ConnectGENERAL SUPPORT | Philadelphia, PA | $20K | 2022 |
| Charlotte BalletGENERAL SUPPORT | Charlotte, NC | $20K | 2022 |
| Methodist Richardson Medical Center FoundationGENERAL SUPPORT | Richardson, TX | $20K | 2022 |
| American Heart AssociationGENERAL SUPPORT | Philadelphia, PA | $15K | 2022 |
| The Icla Da Silva FoundationGENERAL SUPPORT | Dallas, TX | $15K | 2022 |
| Delaware Breast Cancer CoalitionGENERAL SUPPORT | Wilmington, DE | $15K | 2022 |
| Hall Of CareGENERAL SUPPORT | Charlotte, NC | $12K | 2022 |
| Georgetown UniversityGENERAL SUPPORT | Washington, DC | $10K | 2022 |
| Needs Beyond MedicineGENERAL SUPPORT | Salt Lake City, UT | $10K | 2022 |
| North Carolina Economic Development Association FoundationGENERAL SUPPORT | Raleigh, NC | $10K | 2022 |
| Center For Excellence In EducationGENERAL SUPPORT | Mclean, VA | $10K | 2022 |
| Utah Aids FoundationGENERAL SUPPORT | Salt Lake City, UT | $10K | 2022 |
| Axiom ReachGENERAL SUPPORT | Princeton, NJ | $10K | 2022 |
| Arizona Technology Council FoundationGENERAL SUPPORT | Tempe, AZ | $10K | 2022 |
| National Foundation For Celiac AwarenessGENERAL SUPPORT | Ambler, PA | $10K | 2022 |
| National Ovarian Cancer CoalitionGENERAL SUPPORT | Dallas, TX | $10K | 2022 |