Also known as: FOUNDATION
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. The foundation is governed by 4 officers and trustees. Charitable donation to five not for profit organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2024. 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 | N/A |
| Katherine M Holt | VICE PRESIDE | $0 | $0 | N/A |
| Marguerite H Maggi | TREASURER | $0 | $0 | N/A |
| Amanda M Holt | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.3M
Fair Market Value
N/A
Net Worth
$1.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 | Burlington, NC | $18K | 2023 |
| Positive Attitude Youth CenterUNDESIGNATED | Burlington, NC | $3K | 2023 |
| Alamance ArtsUNDESIGNATED | Graham, NC | $500 | 2023 |