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Marion Stedman Covington Foundation North Carolina Trust Co Ttee is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1987. The principal officer is Us Trust Company Na. It holds total assets of $7.2M. Annual income is reported at $1.2M. The foundation is governed by 6 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in North Carolina. According to available records, Marion Stedman Covington Foundation North Carolina Trust Co Ttee has made 87 grants totaling $1.2M, with a median grant of $11K. The foundation has distributed between $376K and $397K annually from 2020 to 2023. Individual grants have ranged from $5K to $65K, with an average award of $13K. The foundation has supported 78 unique organizations. Grants have been distributed to organizations in North Carolina and South Carolina and District of Columbia. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$13K
Average Grant
$13K
Largest Grant
$26K
Based on 28 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.
Marion Stedman Covington Foundation North Carolina Trust Co Ttee is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 87 grants. Its grantmaking reaches organizations primarily in NC, SC, DC.
Marion Stedman Covington Foundation North Carolina Trust Co Ttee has distributed a total of $1.2M across 87 grants. The median grant size is $11K, with an average of $13K. Individual grants have ranged from $5K to $65K.
Marion Stedman Covington Foundation North Carolina Trust Co Ttee typically selects its grantees rather than accepting unsolicited proposals.
Marion Stedman Covington Foundation North Carolina Trust Co Ttee is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $58K | $0 | $58K |
| Rodney L Swink | TRUSTEE | $0 | $0 | N/A |
| Kathleen Crockett | TRUSTEE | $0 | $0 | N/A |
| Jo Ramsey Leimenstoll | TRUSTEE | $0 | $0 | N/A |
| Jane C Hilderbrand | CHAIRMAN | $0 | $0 | N/A |
| Steven D Schuster | TRUSTEE | $0 | $0 | N/A |
Total Giving
$553K
Total Assets
$7.1M
Fair Market Value
$9.1M
Net Worth
$7.1M
Grants Paid
$397K
Contributions
N/A
Net Investment Income
$174K
Distribution Amount
$433K
Total: $6.8M
Total Grants
87
Total Giving
$1.2M
Average Grant
$13K
Median Grant
$11K
Unique Recipients
78
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Preservation North CarolinaUNRESTRICTED GENERAL | Raleigh, NC | $65K | 2023 |
| University Of North CarolinaUNRESTRICTED GENERAL | Greensboro, NC | $20K | 2023 |
| Smoky Mountain Community TheatreUNRESTRICTED GENERAL | Bryson City, NC | $18K | 2023 |
| Hemlock Retreats IncUNRESTRICTED GENERAL | Bryson City, NC | $15K | 2023 |
| Bynum Front PorchUNRESTRICTED GENERAL | Bynum, NC | $15K | 2023 |
| Clayton Chamber FoundationUNRESTRICTED GENERAL | Clayton, NC | $15K | 2023 |
| Yancey History AssociationUNRESTRICTED GENERAL | Burnsville, NC | $15K | 2023 |
| Forsyth Country Club Preservation FdnUNRESTRICTED GENERAL | Winston Salem, NC | $15K | 2023 |
| Rowan Helping MinistriesUNRESTRICTED GENERAL | Salisbury, NC | $13K | 2023 |
| The Ocracoke FoundationUNRESTRICTED GENERAL | Ocracoke, NC | $13K | 2023 |
| Museum Of Ashe County History IncUNRESTRICTED GENERAL | Jefferson, NC | $13K | 2023 |
| Historic Jamestown Society IncUNRESTRICTED GENERAL | Jamestown, NC | $12K | 2023 |
| Gfwc Of StatesvilleUNRESTRICTED GENERAL | Statesville, NC | $10K | 2023 |
| Ayden United Methodist ChurchUNRESTRICTED GENERAL | Ayden, NC | $10K | 2023 |
| The Littleton Woman'S ClubUNRESTRICTED GENERAL | Littleton, NC | $10K | 2023 |
| Pauli Murray Center ForUNRESTRICTED GENERAL | Durham, NC | $10K | 2023 |
| Historic Rosedale FoudationUNRESTRICTED GENERAL | Charlotte, NC | $10K | 2023 |
| Nsdar - Quaker Meadows ChapterUNRESTRICTED GENERAL | Morganton, NC | $10K | 2023 |
| Crossnore Presbyterian ChurchUNRESTRICTED GENERAL | Crossnore, NC | $10K | 2023 |
| Hart Square Foundation IncUNRESTRICTED GENERAL | Vale, NC | $10K | 2023 |
| Cleveland County Arts Council IncUNRESTRICTED GENERAL | Shelby, NC | $10K | 2023 |
| Caring Services IncUNRESTRICTED GENERAL | High Point, NC | $10K | 2023 |
| Winton Historical Association IncUNRESTRICTED GENERAL | Winton, NC | $10K | 2023 |
| Cultivator IncUNRESTRICTED GENERAL | Murfreesboro, NC | $10K | 2023 |
| North Carolina Coastal Land TrustUNRESTRICTED GENERAL | Wilmington, NC | $10K | 2023 |
| Ashley Chapel Ame Zion ChurchUNRESTRICTED GENERAL | Rockingham, NC | $8K | 2023 |
| Chestnut Grove Community Center IncUNRESTRICTED GENERAL | Statesville, NC | $8K | 2023 |
| Friends Of WeymouthUNRESTRICTED GENERAL | Southern Pines, NC | $8K | 2023 |
| Nc Masonic Foundation IncUNRESTRICTED GENERAL | Raleigh, NC | $6K | 2023 |
| Chalk Level Cme ChurchUNRESTRICTED GENERAL | Holly Springs, NC | $5K | 2023 |
| Eastern Carolina VillageUNRESTRICTED GENERAL | Greensboro, NC | $5K | 2023 |
| Community Theatre Of GreensboroUNRESTRICTED GENERAL | Greensboro, NC | $26K | 2022 |
| Trinity Ame Zion Church IncUNRESTRICTED GENERAL | Woodruff, SC | $25K | 2022 |
| Unc At GreensboroUNRESTRICTED GENERAL | Greensboro, NC | $20K | 2022 |
| Carolina Theatre Of GreensboroUNRESTRICTED GENERAL | Greensboro, NC | $19K | 2022 |
| City Of LenoirUNRESTRICTD GENERAL SUPPORT | Lenoir, NC | $19K | 2022 |
| Chowan Discovery Group IncUNRESTRICTED GENERA; | Washington, DC | $18K | 2022 |
| Friends Of MoorefieldsUNRESTRICTED GENERAL | Hillsborough, NC | $15K | 2022 |
| Milton Preservation & BeautificationUNRESTRICTED GENERAL | Milton, NC | $15K | 2022 |
| Historic Wilmington Foundation IncUNRESTRICTED GENERAL | Wilmington, NC | $15K | 2022 |
| Forestville Baptist ChurchUNRESTRICTED GENERAL | Greenville, NC | $15K | 2022 |
| Bath High School PreservationBATH COMMUNITY AUDITORIUM & | Bath, NC | $15K | 2022 |
| Elsewhere IncUNRESTRICTED GENERAL | Greensboro, NC | $12K | 2022 |
| Preservation Greensboro IncUNRESTRICTED GENERAL | Greensboro, NC | $11K | 2022 |
| Friends For West Grove IncUNRESTRICTED GENERAL | Snow Camp, NC | $11K | 2022 |
| Mount Vernon Rosenwald School BuildingUNRESTRICTED GENERAL | Iron Station, NC | $10K | 2022 |
| Power CrossUNRESTRICTED GENERAL | Statesville, NC | $10K | 2022 |
| Fort DefianceUNRESTRICTED GENERAL | Lenois, NC | $10K | 2022 |