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Platt Foundation Inc. is a private corporation based in WINSTON SALEM, NC. The foundation received its IRS ruling in 1978. It holds total assets of $196K. Annual income is reported at $28K. Total assets have decreased from $1.2M in 2010 to $232K in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Platt Foundation Inc. has made 11 grants totaling $57K, with a median grant of $5K. Annual giving has grown from $15K in 2021 to $22K in 2024. Individual grants have ranged from $2K to $13K, with an average award of $5K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in New Jersey, North Carolina, Connecticut, which account for 91% of all grants. Grantmaking reaches organizations across 4 states. 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.
Platt Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in NJ, NC, CT.
Platt Foundation Inc. has distributed a total of $57K across 11 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $2K to $13K.
Platt Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Platt Foundation Inc. is headquartered in WINSTON SALEM, NC. While based in NC, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary Platt Cooper | DIRECTOR | $0 | $0 | N/A |
| Susan Platt Greene | DIRECTOR | $0 | $0 | N/A |
| Andrew Greene | DIRECTOR | $0 | $0 | N/A |
Total Giving
$29K
Total Assets
$232K
Fair Market Value
$574K
Net Worth
$232K
Grants Paid
$22K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$26K
Total: $227K
Total Grants
11
Total Giving
$57K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
6
Most Common Grant
$5K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ymca Of The TriangleUNRESTRICTEDUNRESTRICTED | Raleigh, NC | $11K | 2024 |
| Hope Loves Company IncUNRESTRICTED | Pennington, NJ | $5K | 2024 |
| Sandy Hook Promise FoundationUNRESTRICTED | Newtown, CT | $2K | 2024 |
| Kripa LuUNRESTRICTED | Stockbridge, MA | $2K | 2024 |
| Education And HopeUNRESTRICTED | Norwalk, CT | $2K | 2024 |
| The Wake Forest FundUNRESTRICTED | Winstonsalem, NC | $3K | 2021 |