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Also known as: TESTAMENTARY CHARITABLE TRUST
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Maye Morrison Abernethy Testamentary Charitable Trust is a private trust based in GREENSBORO, NC. The foundation received its IRS ruling in 1986. The principal officer is Trust Company Of The South. It holds total assets of $2M. Annual income is reported at $176K. 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 2019 to 2024. According to available records, Maye Morrison Abernethy Testamentary Charitable Trust has made 3 grants totaling $391K, with a median grant of $130K. Annual giving has grown from $131K in 2021 to $260K in 2023. Individual grants have ranged from $130K to $131K, with an average award of $130K. 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.
Maye Morrison Abernethy Testamentary Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NC.
Maye Morrison Abernethy Testamentary Charitable Trust has distributed a total of $391K across 3 grants. The median grant size is $130K, with an average of $130K. Individual grants have ranged from $130K to $131K.
Maye Morrison Abernethy Testamentary Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Maye Morrison Abernethy Testamentary Charitable Trust is headquartered in GREENSBORO, NC.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Trust Company Of The South | TRUSTEE | $23K | $0 | $23K |
Total Giving
$163K
Total Assets
$2M
Fair Market Value
$2.9M
Net Worth
$2M
Grants Paid
$130K
Contributions
N/A
Net Investment Income
$93K
Distribution Amount
$138K
Total Grants
3
Total Giving
$391K
Average Grant
$130K
Median Grant
$130K
Unique Recipients
2
Most Common Grant
$130K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| EveryageRELIGIOUS & EDUCATIONAL PROGRAMS | Newton, NC | $130K | 2023 |
| United Church Homes & Services FdnRELIGIOUS & EDUCATIONAL | Newton, NC | $131K | 2021 |