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Also known as: FOUNDATION
Michael M Holt Family Foundation is a private corporation based in BURLINGTON, NC. The foundation received its IRS ruling in 2022. The principal officer is % Michael M Holt. It holds total assets of $1.3M. Annual income is reported at $178K. CHARITABLE DONATION TO FIVE NOT FOR PROFIT ORGANIZATIONS. According to available records, Michael M Holt Family Foundation has made 20 grants totaling $477K, with a median grant of $18K. Annual giving has decreased from $205K in 2022 to $124K in 2024. Individual grants have ranged from $500 to $56K, with an average award of $24K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Virginia and North Carolina. Contributions to this foundation are tax-deductible.
CHARITABLE DONATION TO FIVE NOT FOR PROFIT ORGANIZATIONS
Expenses: $74K
CHARITABLE DONATION TO FIVE NOT FOR PROFIT ORGANIZATIONS. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in VA, NC.
Michael M Holt Family Foundation has distributed a total of $477K across 20 grants. The median grant size is $18K, with an average of $24K. Individual grants have ranged from $500 to $56K.
Michael M Holt Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Michael M Holt Family Foundation is headquartered in BURLINGTON, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael M Holt | PRESIDENT | $0 | $0 | $0 |
| Katherine M Holt | VICE PRESIDE | $0 | $0 | $0 |
| Marguerite H Maggi | TREASURER | $0 | $0 | $0 |
| Amanda M Holt | SECRETARY | $0 | $0 | $0 |
Total Giving
$132K
Total Assets
$1.2M
Fair Market Value
$1.2M
Net Worth
$1.2M
Grants Paid
$124K
Contributions
$0
Net Investment Income
$28K
Distribution Amount
$0
Total: $0
Total Grants
20
Total Giving
$477K
Average Grant
$24K
Median Grant
$18K
Unique Recipients
7
Most Common Grant
$18K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchGENERAL AND RESTRICTED FUNDING | Burlington, NC | $16K | 2024 |
| The Burlington SchoolRESTRICTED AND GENERAL FUNDING | Burlington, NC | $56K | 2024 |
| Episcopal High SchoolRESTRICED AND GENERAL FUNDING | Alexandria, VA | $49K | 2024 |
| Davidson CollegeRESTRICTED AND GENERAL FUNDING | Davidson, NC | $3K | 2024 |
| First Presbyterian Church Of BurlinGENERAL AND RESTRICTED FUNDS |
STUART, FL
HARRISON, NY
SKOKIE, IL
GRAVETTE, AR
JEFFERSONVLLE, IN
| Burlington, NC |
| $18K |
| 2023 |
| Positive Attitude Youth CenterUNDESIGNATED | Burlington, NC | $3K | 2023 |
| Alamance ArtsUNDESIGNATED | Graham, NC | $500 | 2023 |
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