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Prescott Family Charitable Trust is a private trust based in SYLVA, NC. The foundation received its IRS ruling in 1998. It holds total assets of $65K. Annual income is reported at $2K. Total assets have decreased from $188K in 2011 to $88K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Funding is distributed across 5 states, including North Carolina, Alabama, Oklahoma. According to available records, Prescott Family Charitable Trust has made 26 grants totaling $198K, with a median grant of $2K. Annual giving has grown from $20K in 2020 to $178K in 2022. Individual grants have ranged from $100 to $61K, with an average award of $8K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Oklahoma, Ohio, Alabama, which account for 38% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$3K
Average Grant
$9K
Largest Grant
$61K
Based on 10 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.
Prescott Family Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in OK, OH, AL.
Prescott Family Charitable Trust has distributed a total of $198K across 26 grants. The median grant size is $2K, with an average of $8K. Individual grants have ranged from $100 to $61K.
Prescott Family Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Prescott Family Charitable Trust is headquartered in SYLVA, NC. While based in NC, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Emory Prescott | Trustee | $0 | $0 | N/A |
Total Giving
$19K
Total Assets
$88K
Fair Market Value
$95K
Net Worth
$88K
Grants Paid
$18K
Contributions
N/A
Net Investment Income
$10K
Distribution Amount
$18K
Total: $79K
Total Grants
26
Total Giving
$198K
Average Grant
$8K
Median Grant
$2K
Unique Recipients
12
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Odwc IncDonation | Okc, OK | $61K | 2022 |
| Fire And Life SafetyDonation | Pelham, AL | $10K | 2022 |
| Mt Washington ObservatoryDonation | North Conway, NH | $5K | 2022 |
| Herb Society Of AmericaDonation | Kirtland, OH | $5K | 2022 |
| Outward BoundDonation | — | $5K | 2022 |
| Catman 2 IncDonation | Cullowhee, NC | $1K | 2022 |
| Southwestern Community College FoundationDonation | Sylva, NC | $1K | 2022 |
| The Community TableDonation | Sylva, NC | $500 | 2022 |
| Pbs NcDonation | Rtp, NC | $250 | 2022 |
| Sleep In Heavenly PeaceDonation | Southside, AL | $100 | 2022 |
| Nc SymphonyDonation | Raleigh, NC | $5K | 2020 |
| Safe Haven For CatsDonation | Raleigh, NC | $500 | 2020 |